Poultry Processing Equipment Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Poultry Processing Equipment Market is segmented By Product (Poultry Slaughtering Equipment, De-Feathering Equipment, De-Boning Equipment, Tumbling Eq....
Poultry Processing Equipment Market Size
Market Size in USD
CAGR6.8%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 6.8% |
| Market Concentration | High |
| Major Players | Marel hf, John Bean Technologies Corporation, GEA Group AG, Meyn Food Processing Technology B.V., Baader Group |
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Poultry Processing Equipment Market Analysis
The Global Poultry Processing Equipment Market is estimated to be valued at USD 4.6 Bn in 2024 and is expected to reach USD 7.8 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. Increasing demand for poultry meat and meat products globally is driving the need for more processing equipment in poultry production facilities. Automation and robotics are gaining more focus in poultry processing to improve production efficiency and meet the rising demand for poultry meat and meat products worldwide. The market is witnessing growing adoption of automated and robotic equipment for processing. Automated equipment helps reduce labor costs and improves food safety. Robotic technologies help address challenges around labor shortage and allow 24/7 operations. Technological advancements focused on automation, Food safety, and processing efficiency are key market trends spurring the demand for poultry processing equipment.