Global Commercial Meat Processing Equipment Market 2017-2021
About Commercial Meat Processing Equipment
Meat processing equipment is used for converting the raw ingredients of meat to a ready-to-cook form that makes it easier for the user to cook. Meat processing equipment covered in the report are meat cutters, meat blenders, meat tenderizer, meat grinders and mincers, meat smoking equipment, meat massagers and others. The end-users included in the report are the commercial end-users of meat processing equipment such as supermarkets, hotels and restaurants, butcher shops, slaughter houses and catering companies. The end-users excluded in the report are the users of industrial meat processing equipment.
Technavio’s analysts forecast the global commercial meat processing equipment market to grow at a CAGR of 7.43% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial meat processing equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from commercial meat processing equipment used for processing beef, mutton and pork.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Meat Processing Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial meat processing equipment market: Hobart, Vollrath, BIRO Manufacturing Company, Sirman, and Weston.
Other Prominent Vendors in the market are: Torrey, Sammic, Globe Food Equipment, Minerva Omega Group, Bizerba, Butcher Boy Machines, Paul KOLBE, KitchenWare Station, Gourmia, Braher International Company, and Brice Australia.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is influx of new products with advanced technology. The global players in the meat processing equipment industry are trying to improve the features of machines for the ease in operations. The meat processing equipment industry is experiencing the adoption of automotive solutions. The company called Pivo offers electric meat processing grinders with reverse function. The reverse functioning option helps to avoid jamming, locking of knobs, and food pushing.”
According to the report, one driver in market is increasing number of supermarkets that offer meat products. As the consumers extend preference toward the processed meat, supermarkets are one of the key end-users of meat processing equipment. Supermarkets offer a variety of processed meat items. The meat products available in the supermarkets are processed such that it is easy to cook them. The high nutritional content of processed meat makes the food a preferred choice among many end-users and the increased demand for such products encourage many retails stores such as supermarkets to increase their offerings in the segment. This results in a simultaneous increase in the demand for commercial meat processing equipment in the supermarket's segment.
Further, the report states that one challenges in market is volatile raw material prices. The meat processing equipment is mainly composed of stainless steel. As equipment are used for cutting, chopping, grinding, mincing, and tenderizing, the action involves the use of knives and blades for meat processing. The stainless-steel covering in the equipment will help the users for the convenient use. The material is corrosion resistant. The stainless steel is durable and compatible with the temperature variation. The lower maintenance cost is also an advantage both to the manufacturers and the users of meat processing equipment. Hence the manufacturers of commercial meat processing equipment are highly dependent on stainless steel for their covering and other manufacturing purposes. The fluctuations in the steel price may affect the cost of production of the meat processing equipment.
Hobart, Vollrath, BIRO Manufacturing Company, Sirman, Weston, Torrey, Sammic, Globe Food Equipment, Minerva Omega Group, Bizerba, Butcher Boy Machines, Paul KOLBE, KitchenWare Station, Gourmia, Braher International Company, and Brice Australia.