Enjoy complimentary customisation on priority with our Enterprise License!
The slaughtering equipment market size is forecast to increase by USD 2.49 billion at a CAGR of 5.27% between 2023 and 2028.
The slaughtering equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Semi-automated slaughtering equipment enhances the efficiency and humane conditions in modern slaughterhouses. This type of equipment combines the precision and control of human operators with the power and consistency of automation. It is particularly useful in handling and moving animal carcasses, as well as performing tasks such as deboning, skinning, and evisceration. By automating repetitive or strenuous tasks, this equipment reduces the need for human labor, ensures consistent results, and improves overall process flow. Moreover, semi-automated lines provide better working conditions for employees, minimizing their exposure to hazardous tasks and improving animal welfare. These benefits make semi-automated slaughtering equipment a valuable investment for the meat processing industry.
Get a glance at the Slaughtering Equipment Industry report of share of various segments Request Free Sample
The semi-automated segment was valued at USD 5.36 billion in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
The market experienced growth in 2023, with North America leading the way due to escalating meat consumption. The region's market expansion is driven by factors such as technological advancements and a heightened focus on animal welfare. With a growing population comes an increased demand for food products, particularly meat. For instance, over 8 billion chickens are slaughtered annually In the US, making it the most consumed meat type. This trend is expected to continue, leading to significant growth In the North American market during the forecast period. The market's growth is also influenced by the need for food safety and slaughter hygiene to ensure the production of high-quality meat products.
Our slaughtering equipment market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising awareness of the high nutritional value of meat and poultry products is the key driver of the market.
The launch of new products is the upcoming market trend.
Increasing adoption of the vegan diet is a key challenge affecting the industry growth.
The slaughtering equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the slaughtering equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, slaughtering equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry. The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a broad spectrum of machinery and technology utilized In the processing of livestock, poultry, swine, bovine, seafood, and other animals for human consumption and industrial applications. This market is characterized by continuous innovation and growth, driven by increasing demand for processed meat products, faster delivery, and cleaner, more hygienic solutions. Raw material suppliers and traders play a crucial role In the supply chain, providing essential resources for feed processing equipment manufacturers. Intermediary suppliers, in turn, ensure the smooth flow of goods between these entities and the final consumers, including feed manufacturers, food processing industries, fast food chains, restaurant chains, and exporting meat companies.
Moreover, the slaughtering process begins with stunning, a humane method used to render animals insensible before killing. This is followed by cutting up, deboning and skinning, evisceration, and various automation techniques such as fully automated lines, semi-automated lines, and batch slaughter systems. These processes ensure the efficient and hygienic conversion of raw livestock into processed meat products. Automation has significantly transformed the slaughtering industry, with fully automated lines offering increased productivity and reduced labor requirements. Semi-automated lines balances between cost-effectiveness and efficiency, while line slaughter, batch slaughter, and small-sized slaughter systems cater to specific market segments and production volumes.
Furthermore, livestock, poultry, swine, bovine, seafood, and other animals are the primary sources of raw materials for the market. The market caters to a diverse range of industries, including mutton, goat, beef, fish, pork, and processed meat products for household consumption and industrial applications. Food safety and slaughter hygiene are paramount concerns In the market. Meat consumption continues to grow, driven by increasing global population and changing dietary trends. Processed meat, packaged meat, and other meat products are in high demand, necessitating advanced machinery and technology to maintain the nutritional value and protein-rich content of the final products. Installation costs, sanitary meat products, and fillet size are essential factors influencing the adoption of various slaughtering equipment types.
Slaughtering Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.27% |
Market Growth 2024-2028 |
USD 2.49 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.91 |
Key countries |
US, China, Brazil, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this slaughtering equipment market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.