JBT Corporation is an American Food Processing Machinery Company. It is a global technology solutions provider. JBT designs manufacture, installs and service products and systems for the food and beverage and air transportation industries. The company operates through two segments, JBT FoodTech, and JBT AgroTech. JBT introduced innovative meat processing equipment solutions for beef, poultry, pork, and seafood.
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Market Data Forecast published a report named Meat Processing Equipment market. It is worth USD 10.6 billion in 2016 and estimated to be growing at a CAGR of 7.21%, to reach USD 15.01 billion by 2021.
Report segmented as:
Cured and raw fermented
Based on the product type, freshly processed meat segment is the top investment pockets in the meat processing equipment market. Under the type, dicing is accounted for the largest share in the market.
The Global Meat Processing Equipment market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East, and Africa and Europe. North America has the leading market for meat processing equipment in the world. The Asia Pacific holds the second position in the global market and is the fastest growing region in the world.
Key Market Players:
GEA Group AG (Germany)
JBT Corporation (U.S.)
Key Technology Inc. (U.S.)
Heat and Control, Inc. (U.S.)
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The scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.
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