Slaughtering Equipment Market – Overview
The global slaughtering equipment market is anticipated to grow at a favorable rate from 2021 to 2031 (forecast period). Slaughtering equipment improves the end product’s quality, appearance, and marketability. It offers clean and hygienic items. The tremendous rise of restaurant and fast-food chains, technological advancements in automation, increasing demand for processed food, and lax trade regulations in exporting meats are projected to drive the worldwide slaughtering equipment market. Moreover, due to rapid technological advancement, a growing partnership between slaughtering equipment manufacturers and meat processing firms is expected to support the worldwide slaughtering equipment market growth.
Furthermore, the need for semi-automated slaughtering equipment is expected to rise since it helps numerous local slaughterhouses by allowing for speedy service and more precision.
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Slaughtering Equipment Market – Competitive Landscape
Prominent players operating in the global slaughtering equipment market are BAYLE SA (France), Marel (Iceland), BADDER Group (Denmark), CTB (US), Brower Equipment (US), Dhopeshwar Engineering Private Limited (India), BANSS (Germany), Best & Donovan (US), Jarvis Equipment (India), Prime Equipment Group (US), Meatek Food Machineries (India), Industries Riopel (Canada), ASENA (Azerbaijan), Limos (Slovenia), and Blasau (Spain).
To address the increasing demand for meat, prominent businesses are concentrating on cooperating with other market players to build an efficient distribution network and extend their presence and production capacity. Moreover, major players are implementing completely automated slaughtering lines equipped with cutting-edge technology to suit global customer demand. This is one of the most significant trends in the global slaughtering equipment market.
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Slaughtering Equipment Market – Trends and Opportunities
Demand for meat products has been expanding globally, particularly in the domestic consumption and foodservice sectors. With the rising consumption of beef, mutton, pork, and fish, food service providers are emphasizing the importance of offering excellent meat items to their customers. This can be accomplished by implementing strict controls on end-user businesses such as slaughterhouses and poultry and meat processing plants. This is causing slaughterhouse operators to implement automated solutions in slaughtering equipment in order to avoid direct contact while maintaining meat safety and hygiene. As a result, the increased emphasis on food safety and slaughter hygiene is expected to boost the global slaughtering equipment market during the projected period.
Moreover, growing awareness of the necessity of protein consumption is increasing the demand for high protein foods such as duck, seafood, chicken, etc. For example, the consumption of high protein chicken due to its widespread availability increases the demand for slaughtering equipment. These machines can enable quick and more exact meat cutting in order to meet the rising demand for meat and meat-based products. This is another important aspect that is anticipated to boost the global slaughtering equipment market. Furthermore, rising global demand for organic meat is likely to boost demand for slaughtering equipment, thereby propelling the global slaughtering equipment market.
In addition, the growing trend of buying freshly cut meat, meat-based spreads, processed meat, and so on from e-commerce websites and apps is increasing the demand for slaughtering equipment to supply top quality, accurately cut meat. This trend is projected to acquire traction and appeal, particularly during crises such as the COVID-19 pandemic, in which local shops were shuttered but internet services were active. This is projected to strengthen the global slaughtering equipment market growth.
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Slaughtering Equipment Market – Regional Landscape
The slaughtering equipment market in North America is expected to grow due to the region’s burgeoning fast-food chains, a growing number of restaurants, increasing demand for processed meats, and consumption of high-protein foods in the region’s cold-weather countries.
The slaughtering equipment market in Asia Pacific is likely to experience considerable growth during the forecast period. High meat consumption, increasing awareness about quality and hygienic meat products, a rising population, and growing meat consumption in metropolitan areas are expected to propel the regional market during the forecast period.
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