Globalization has led to quick changes in the food preferences of people around the world. People have started opting for more of protein intake into their diet, consequently leading to increased processed meat consumption. The manufacturers of processed meat are majorly focusing on the quality of the products. The meat processing equipment market is showing rapid changes due to two main forces: change in the food demand and improvement in the technologies.

Browse 106 market data tables and 28 figures spread through 281 pages and in-depth TOC on “Processed Meat & Meat Processing Equipment Market by Types (Beef, Pork, Mutton, Others), by Product Types (Fresh Processed, Raw Cooked, Pre-Cooked, Raw-Fermented, Cured, Dried, Others), by Equipment Types & by Geography - Global Trends & Forecasts to 2018”.

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These positive attributes of processed meat and meat processing equipment are viewed as excellent business opportunity in the steadily growing meat market. This has attracted many multinational meat processors and manufacturers of the meat processing equipment to make a foray into the production and marketing of their products.
Many important players operating in meat processing equipment market are focusing on the Asia-Pacific region for business expansion as there is an increasing awareness among the meat consumers in this region about the mechanization of the meat processing activity, which has triggered the demand for such equipment.

The global meat processing equipment market was $361,568.7 million in 2012 and is projected to reach $799,051.2 million by 2018, growing at the CAGR of 14.3% from 2013 to 2018. The market recorded revenue of $7,656.5 million in 2012. It growing with a CAGR of 7.2% from 2013 to 2018, and by 2018 its market is projected to be $11,495.3 million. On a global scale, North American region is the dominating consumer of both, the types of equipment.

Key participants in the processed meat market include BRF S.A. (Brazil), Tyson Foods Inc. (U.S.), Cherkizovo Group (Russia), Marfrig Group (Brazil), and Nippon Meat Packers Inc. (Japan). The market is witnessing rapid development in the areas of new product launch and collaborations. Leading companies are focusing on the expansion of their respective business across high-growth regions and setting up new manufacturing plants for increasing production capacities along with broadening of their product line.

Key participants in the market include GEA Food Solutions (Germany), John Bean Technologies Corporation (U.S.), Marel HF (Iceland), Key Technology Inc. (U.S.), and Illinois Tool Works (U.S.). The market is experiencing fast growth as the market of processed meat is also growing rapidly. These companies are mainly focusing on the research and development of their machineries, so that equipment with latest technologies can be made available to the meat processors, thus enabling them to cater better quality of meat products to their customers.

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