Market Research Report Store Meat Processing Equipment Market projected to grow
"Meat Processing Equipment Market projected to grow at a CAGR of 7.03%, to reach USD
14.59 billion by 2022– Market Research Report Store" published in May 2017. It is a professional
and in-depth study.
Summary
Market Research Report Store announces a new report"Meat Processing Equipment Market"
added to its database.The meat processing equipment market, estimated at USD 9.63 billion in 2016, is
projected to grow at a CAGR of 7.03%, to reach USD 14.59 billion by 2022. The market is primarily
driven by factors such as increased demand for processed meat products and rising safety regulations
generating the need for sophisticated equipment. The high growth potential in the Asia-Pacific and Rest
of the World region and untapped regions provide new growth opportunities for the market players.
One of the major restrain in the growth of the meat processing equipment market is increasing cost of
raw materials and logistics.
Detailed TOC Of Report @
https://www.marketresearchreportstore.com/shop/meat-processing-equipment-market-by-type-c
utting-blending-tenderizing-filling-dicing-grinding-smoking-meat-type-beef-pork-mutton-and-pr
oduct-type-fresh-processed-raw-cooked-precooked-2
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“Smoking equipment segment is projected to grow at fastest CAGR”
On the basis of type, the meat processing equipment market was led by the smoking equipment
segment, followed by filling equipment and tenderizing equipment, respectively. There is an increasing
trend towards usage of smoking equipment, this is due to its feature to improve the flavor as well as
longevity of the meat product such as smoking meats, smoking sausages, and smoked meat.
“Processed beef segment projected to be the fastest growing market, during the forecast period“
The processed beef segment is projected to be the fastest growing segment, during the forecast period.
Due to the rising awareness towards healthiness of eating beef and nutritional benefits of beef
consumption, companies are focusing on developing and marketing ready-to-eat beef products that
meet consumer nutrition, taste, and food safety needs and thus drives the market for meat processing
equipment industry.
“Asia Pacific & Rest of the World: High growth projected in the meat processing equipment
market”
Asia-Pacific and Rest of the World is projected to be the fastest-growing market for the period
considered for this study, due to the high adoption rate of meat processing equipment in food