What is Slaughtering Equipment Market?
Slaughtering equipment are the equipment which are used for killing or butchering of cattle, sheep, seafood, and others especially for food. The slaughtering involves three stages such as preslaughter handling, stunning, and slaughtering. Different equipment is used at different stages. Moreover, there are automatic and semiautomatic equipment among which the demand for automating equipment is increasing which is fuelling the market growth.
The market study is being classified by Type (Stunning, Killing, Cut-up, Deboning & skinning, Evisceration and Others) and major geographies with country level break-up.
Brower Equipment (United States), Jarvis Equipment (India), Industries Riopel (Canada), ASENA (Azerbaijan), Dhopeshwar Engineering Private Limited (India), Meatek Food Machineries (India), BANSS (Germany), Limos (Slovenia), Best & Donovan (United States) and Blasau (Spain) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Slaughtering Equipment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Slaughtering Equipment market by Type, Application and Region.
On the basis of geography, the market of Slaughtering Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand for Processed Meat
- Increasing Meat Exports is Fuelling the Market
Market Trend
- Technological Advancements in Slaughtering Equipment Industry
Restraints
- High Capital Investments Required for Equipment
Opportunities
- Growing Restaurants and Fast-Food Chains
- Increasing Opportunities in Developing Markets
Challenges
- Lack of Awareness Among the Consumers
Market Leaders and some development strategies
On July 2018, Marel has agreed to acquire MAJA which is a German food processing equipment manufacturer. This acquisition will meet the objective to be a full-line supplier of advanced food processing solutions and standard equipment, and further strengthen Marel’s global market presence.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others