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Dublin, June 23, 2021 /PRNewswire/– “Meat processing equipment market size, market share, application analysis, regional outlook, growth trends, major players, competitive strategies and forecasts, from 2021 to 2029” Report has been added to ResearchAndMarkets.com provide.
The global meat processing equipment market is growing strongly, and is expected to grow at a compound annual growth rate of 6.9% from 2021 to 2029. 11.163 billion USD In 2020.
Increased use of automation equipment in various industries around the world will stimulate market growth
In terms of value, it is expected that by 2021, crushing equipment will dominate the meat processing equipment market. In addition, the large-scale practice of crushing equipment that crushes finely crushed tender meat into small pieces will expand the market growth. In addition, the increasing use of grinders to process various products such as sausages, minced meat, hamburgers and other products is expected to promote the development of the meat processing equipment market on a global scale. In addition, the increasing awareness of production quality, product consistency, food safety and worker safety is the main driving force driving the use of automated equipment in the global meat industry.
The rising trend of technological progress and the safety and regulations of global high-level machines will drive the equipment market segment
The adoption of modern biotechnology and new technologies in the meat processing chain have increased the global demand for meat processing equipment. In addition, the new guidelines issued by the US government for food companies may increase the recall of meat products that must contain plastics, metals, and other foreign substances. For example, according to the new guidelines of the US Department of Agriculture, companies that produce beef and pork processed meat will soon have more control over the classification of live pigs and will expand the market, which may drive global demand for meat processing equipment. .
The growing consumer demand for processed meat, coupled with the presence of global market participants, has led the way.
It is expected that the steady economic growth of developing countries will promote the increase in meat demand, thereby expanding the global meat processing equipment market. According to the annual forecast of the United States Department of Agriculture Imports, the United States is expected to become the largest beef importer, and global imports will increase by about 18%. In addition, the consistency of its mad cow disease policy with OIE may increase beef trade between the United States and the European Union (EU). Due to the increasing investment in meat processing facilities, the increasing demand for processed meat, and the emergence of a large number of meat processors, such as Cargill Meat Solutions, JBS United States, And Tyson Foods North America, Will stimulate demand…
The full story on Benzinga.com
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