The meat processing equipment market is projected to grow at a CAGR of 7.03% from 2016 to 2022, to reach USD 14.59 Billion by 2022. The base year considered for the study is 2015 and the forecast years include 2016 to 2022. The basic objective of the report is to define, segment, and project the global market size for meat processing equipment on the basis of type, meat type, product type, and region. It also helps to understand the structure of the meat processing equipment market by identifying its various subsegments. Other objectives are analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, and analyzing the macro and micro indicators of this market to provide factor analysis and to project the size of the meat processing equipment market and its submarkets, in terms of value.
This report includes estimations of market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global meat processing equipment market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research, some of the sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market share in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdown have been determined using secondary sources and were verified through primary sources. The figure below shows the breakdown of profiles of industry experts who participated in the primary discussions.
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Key participants in the supply chain of the meat processing equipment market are meat processing equipment manufacturers, raw material manufacturers for meat processing equipment and distributors & retailers. The key players that are profiled in the report include GEA Group AG (Germany), JBT Corporation (U.S.), Key Technology Inc. (U.S.), Heat and Control, Inc. (U.S.), and Marel (Iceland), Illinois Tool Works Inc. (U.S.), and The Manitowoc Company, Inc. (U.S.).
This report is targeted at the existing players in the industry, which include the following:
- Manufacturers, importers & exporters, traders, distributors, and suppliers of meat processing equipment
- Meat producers
- Livestock research organizations
- Government authorities
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