North America

North America poultry processing equipment market to reach $1.32 bn

Equipment

The North American poultry processing equipment market is forecasted to grow from 1.07 billion dollars in 2016 to 1.32 billion dollars by 2021, with a CAGR of 4.30% during 2016 and 2021, according to Market Data Forecast's latest report.

Posted on Oct 02 ,18:17

North America poultry processing equipment market to reach $1.32 bn

 

There is a growing demand for new equipment that makes possible the prevention of meat spoilage.

According to the analysts at Market Data Forecast, farmers and suppliers of poultry supply the livestock to processing companies for processing various types of processed meat, and processing equipment companies provide equipment facilities to them either directly or via the distribution channel.

The rising consumer preference for high-protein foods and technological developments in food processing equipment drives the growth of this market.

Furthemore, various developments in meat processing techniques also boosted market growth, as shown by the report. Still, there are many restrains caused by factors associated with meat intake such as obesity risk and health concerns.

"North America market for Poultry Processing Equipment is segmented based on animal type and Equipment Type. By animal type, the market is further sub-segmented into Chicken, Turkey, Ducks. By Equipment Type, the market is further sub-segmented into Killing & De-Feathering, Evisceration, Cut-ups, Deboning & Skinning, Marinating & Tumbling. Killing & de-feathering dominated the poultry processing equipment market among other equipment as it is a pre-requisite in every automated poultry processing plant. On the basis of poultry type, the poultry processing equipment market is led by chicken, followed by duck. Chicken consumption is growing faster than other meat," the Market Data Forecast's statement read.

The report identifies as key players in this market the following companies: Marel HF , Key Technology, Inc., John Bean Technologies Corporation, CTB, Inc., Baader Food Processing Machinery, Inc., Brower Equipment, Bayle S.A., CG Manufacturing and Distribution Limited, and Prime Equipment Group, Inc.

All the major companies in the markets from USA and Canada are investing significant resources into R&D in order to develop new varieties of processed products and into processing equipment.

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