Portland, OR -- (SBWire) -- 05/23/2019 --The Asia-Pacific meat processing equipment market was valued at $3012 million in 2018, and is estimated to reach at $5936 million by 2026, registering a CAGR of 8.8% from 2019 to 2026.
Meat processing is a series of pre-defined steps employed in the extension of shelf-life of meat. The procedure mainly focuses on reduction of enzyme activity in meat prevention of spoilage by microorganisms and others. The machines/equipment used across the value chain of value chain are termed as meat processing equipment. These equipment are different based on the steps in which they are employed. Meat processing involves steps such as cutting, dicing, tenderizing, mixing, and others, and similarly different equipment such as grinders, mixers, cutting equipment, tenderizers, and others are used. These equipment are used for cutting the meat into desirable size, changing the texture of the meat, smoking the meat, and others. Meat processing is applied for the production of various products such as fresh processed meat, precooked meat, raw cooked meat, cured meat dry meat, raw fermented meat, and others. Based on the type of meat there are different products such as processed pork, processed beef, processed mutton, and others available in the Asia-Pacific meat processing equipment market.
In 2018, the cutting equipment segment accounted for major share in the Asia-Pacific meat processing equipment market. Cutting is often the first operation to be employed in meat processing to separate essential meat & fat portions of the carcass from the non-essential ones. Cutting is often carried out under vacuum conditions to reduce disintegration of the protein content, which allows greater volume of filling in sausages and patties. The cutting equipment segment is expected to maintain its dominance and grow at highest CAGR in the Asia-Pacific meat processing equipment market during the forecast period, as it is the most common processing equipment used in the food industry.
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Asia-pacific Meat Processing Equipment Key Market Segments
By Equipment
- Cutting
- Blending
- Filling
- Tenderizing
- Dicing
- Grinding
- Smoking
- Massaging
- Others
By Application
- Fresh Processed Meat
- Precooked Meat
- Raw Cooked Meat
- Cured Meat
- Dry Meat
- Raw Fermented Sausages
- Others
By Meat Type
- Processed Pork
- Processed Beef
- Processed Mutton
- Others
By Country
- China
- Vietnam
- Japan
- Philippines
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Rest of Asia-Pacific
The report provides an extensive competitive analysis and profiles of the key market players such as Marel hf., GEA Group Aktiengesellschaft, Illinois Tool Works Inc. (Hobart), Equipamientos Crnicos, S.L. (Mainca), The Middleby Corporation, JBT Corporation, Siemens AG., Welbilt, Inc., Key Technology, INC., and Heat and Control, Inc.
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Asia-Pacific Meat Processing Equipment Market Expected to Reach $5936 Million by 2026: CAGR 8.8%
Rise in meat consumption is anticipated to significantly drive the growth of the Asia-Pacific meat processing equipment market. Furthermore, surge in demand for processed food and rise in income level in different countries are the key factors that augments the market growth.