Slaughtering Equipment Market 2018-2023 | Top Company Profile, Revenue Growth & Future Scope

CITY – Northbrook, Country – USA, 2020-Mar-12 — /EPR Network/ —

The global slaughtering equipment market Size is estimated at USD 6.62 Billion in 2018 and is projected to reach USD 8.28 Billion by 2023, at a CAGR of 4.56% during the forecast period. The market is driven by factors such as the growth of fast food and restaurant chains; increase in demand for processed food; lenient trade policies & increase in meat exports; and technological advancements in the slaughtering equipment industry.

Browse 73 market data Tables and 34 Figures spread through 146 Pages and in-depth TOC on “Slaughtering Equipment Market – Global Forecast to 2023”

The mechanization and automation of processes have become a necessity in order to maintain standard cut-up size and identical fillet size, which are a pre-requisite in the fast food and restaurant businesses.

Slaughtering Equipment Market Growth

Moreover, slaughtering equipment manufacturers and meat processing companies are collaborating for enhanced technological advancements, thereby driving the growth of the slaughtering equipment market.

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The killing segment, by type, estimated to account for the largest market share in 2018.

The killing segment is estimated to dominate the global slaughtering equipment market in 2018. The killing method is followed by the stunning segment. A killing machine is a pre-requisite in every automated poultry, swine, bovine, and fish processing plant, which drives the growth of this segment.

The semi-automated segment, by automation, is estimated to be the larger segment in 2018.

The semi-automated segment, by automation, is estimated to account for the larger share in 2018. Medium- and small-scale manufacturers use semi-automatic slaughtering lines, which consist of equipment such as semi-automatic deboning equipment, killing equipment, and evisceration equipment. It is widely used in slaughterhouses as it has a lower initial investment and requires low maintenance costs, which drive the demand for semi-automated slaughtering equipment among the meat producers

Slaughtering Equipment Market By Region

Research Methodology:

This research study involved the extensive use of secondary sources (which included directories and databases) such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the slaughtering equipment market. The primary sources that have been involved include industry experts from the core and related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies, and organizations related to all the segments of this industry’s value chain.

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Scope of the Report:

On the basis of Type, the slaughtering equipment market has been segmented into the following:

  • Stunning
  • Killing
  • Cut-up
  • Deboning & skinning
  • Evisceration
  • Others (Equipment for cooling & freezing, filleting, and weighing)

On the basis of Automation, the slaughtering equipment market has been segmented into the following:

  • Fully automated line
  • Semi-automated line

On the basis of Process Type, the slaughtering equipment market has been segmented into the following:

  • Line slaughter
  • Batch slaughter
  • Small-sized slaughter

On the basis of Livestock, the slaughter equipment market has been segmented into the following:

  • Poultry
  • Swine
  • Bovine
  • Seafood
  • Others (Ovine and caprine)

On the basis of Region, the slaughtering equipment market has been segmented into the following:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (the Middle East and Africa)

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