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Feb 23, 2024

Slaughtering Equipment Market size to grow by USD 2,229.33 million from 2022 to 2027

NEW YORK, July 31, 2023 /PRNewswire/ -- The slaughtering equipment market is estimated to grow at a CAGR of 4.97% between 2022 and 2027, and the size of the market is forecast to increase by USD

NEW YORK, July 31, 2023 /PRNewswire/ -- The slaughtering equipment market is estimated to grow at a CAGR of 4.97% between 2022 and 2027, and the size of the market is forecast to increase by USD 2,229.33 million, according to Technavio. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Slaughtering equipment market – Vendor AnalysisVendor Landscape - The slaughtering equipment market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer slaughtering equipment in the market are Asena, Baader Global SE, BAYLE SA, Best and Donovan, Brower Equipment, CTB Inc., DEST ITALIA S.r.l., Dhopeshwar Engineering Pvt. Ltd., Industries Riopel Inc., Jarvis Products Corp., JD ENGINEERING, John Bean Technologies Corp., Jose Bernad S.L., JWE BANSS GmbH, LACAL, LIMOS d.o.o, Marel Group, Meatek Food Machineries India Pvt. Ltd., Qingdao Raniche Machinery Technology Co. Ltd., UNI TEC, and others.

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Vendor Offerings -

Asena - The company offers slaughtering equipment such as boiling equipment, slaughter cone, and peeling equipment.

Best and Donovan - The company offers Slaughtering equipment such as robotic automatic carcass splitter, hand hels skinner, and hog splitter saw.

Baader Global SE - The company offers Slaughtering equipment such as Compact Plant 396, controlled atmosphere stunning, and head pulling.

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Slaughtering Equipment Market - Segmentation Assessment

Segment OverviewTechnavio has segmented the market based on the product (semi-automated slaughtering equipment and fully automated slaughtering equipment), and application (swine, bovine, poultry, seafood, and others)

The semi-automated slaughtering equipment segment will contribute a major share of the market. Semi-automatic slaughtering equipment combines machinery with human assistance during the slaughter process. By utilizing automation, these machines aid slaughterhouse workers in carrying out repetitive or strenuous tasks, while still allowing for operator control and flexibility. The use of such equipment enhances the overall efficiency, standardizes the slaughter process, and can decrease the need for many operators. Hence, the introduction of new expanded vegan product lines is expected to restrict market growth during the forecast period.

Geography OverviewBy geography, the slaughtering equipment market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global slaughtering equipment market.

North America is estimated to contribute 32% to the growth by 2027. The expansion of the regional market is driven by various factors, including technological advancements and a rising focus on well-being. The growing population in the region has led to a higher demand for food products, particularly meat. Additionally, the presence of cutting-edge slaughtering equipment and advanced technology further contributes to the market's growth. Hence, the development of automation and robotics in slaughter equipment is expected to drive market growth in the region during the forecast period.

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Slaughtering Equipment Market – Market Dynamics

Key Drivers

Rising awareness of the high nutritional value of meat and poultry products is a key factor driving market growth. Increased consumption among people has led to increasing awareness of the health benefits that are related to meat and poultry products. These products serve as excellent sources of essential nutrients like protein, vitamins, minerals, and fatty acids. Additionally, the presence of other minerals and nutrients in these products supports brain growth, development, and reproductive health, making them valuable components of a balanced diet. Hence, these factors are expected to drive market growth during the forecast period. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

Increasing focus on automated slaughtering equipment is a major trend in the market. Manufacturers of slaughter equipment are using advanced handling technologies to boost productivity and enhance effectiveness. Automation is being embraced as a means to enhance hygiene and safety in meat and poultry processing. Moreover, as end-users aim to minimize labor in slaughterhouses and meat processing plants, there is a rising demand for automated slaughtering equipment. Hence, increasing adoption of automated slaughter equipment is expected to drive market growth during the forecast period.

Significant Challenges

Increasing adoption of a vegan diet is a significant challenge restricting market growth. Modern consumers are becoming more and more careful with their food choices. Choosing a vegan diet means giving up all animal products, including leather and silk. This decision is based on ethical considerations for animals and the environment and a desire to improve personal health. The vegan lifestyle has evolved beyond dietary preferences into a status symbol and philosophical approach for many individuals. Hence, the introduction of new expanded vegan product lines is expected to restrict market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Slaughtering Equipment Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the slaughtering equipment market between 2023 and 2027

Precise estimation of the size of the slaughtering equipment market and its contribution to the market with a focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the slaughtering equipment market across North America, APAC, Europe, South America, and the Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of slaughtering equipment market vendors

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Slaughtering Equipment Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.97%

Market growth 2023-2027

USD 2,229.33 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.75

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Germany, France, and Brazil

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Asena, Baader Global SE, BAYLE SA, Best and Donovan, Brower Equipment, CTB Inc., DEST ITALIA S.r.l., Dhopeshwar Engineering Pvt. Ltd., Industries Riopel Inc., Jarvis Products Corp., JD ENGINEERING, John Bean Technologies Corp., Jose Bernad S.L., JWE BANSS GmbH, LACAL, LIMOS d.o.o, Marel Group, Meatek Food Machineries India Pvt. Ltd., Qingdao Raniche Machinery Technology Co. Ltd., and UNI TEC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market Overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global slaughtering equipment market 2017 - 2021

4.2 Product Segment Analysis 2017 - 2021

4.3 Application Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments

6.2 Comparison by Product

6.3 Semi-automated slaughtering equipment - Market size and forecast 2022-2027

6.4 Fully automated slaughtering equipment - Market size and forecast 2022-2027

6.5 Market opportunity by Product

7 Market Segmentation by Application

7.1 Market segments

7.2 Comparison by Application

7.3 Swine - Market size and forecast 2022-2027

7.4 Bovine - Market size and forecast 2022-2027

7.5 Poultry - Market size and forecast 2022-2027

7.6 Seafood - Market size and forecast 2022-2027

7.7 Others - Market size and forecast 2022-2027

7.8 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Brazil - Market size and forecast 2022-2027

9.11 Germany - Market size and forecast 2022-2027

9.12 France - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Asena

12.4 Baader Global SE

12.5 BAYLE SA

12.6 Best and Donovan

12.7 Brower Equipment

12.8 CTB Inc.

12.9 Dhopeshwar Engineering Pvt. Ltd.

12.10 Industries Riopel Inc.

12.11 Jarvis Products Corp.

12.12 JD ENGINEERING

12.13 John Bean Technologies Corp.

12.14 JWE BANSS GmbH

12.15 LIMOS d.o.o

12.16 Marel Group

12.17 Qingdao Raniche Machinery Technology Co. Ltd.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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