DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Meat and Poultry Processing Equipment Market 2017-2021" report to their offering.
The global meat and poultry processing equipment market to grow at a CAGR of 6.24% during the period 2017-2021.
Global Meat And Poultry Processing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report discusses the market drivers, trends, and challenges faced by the market and their impact on the future market scenarios.
One trend in market is rise in private-label processed meat products. Private-label processed meat and poultry products are gaining popularity among consumers as they are affordable and ready-to-cook, which also resemble entrée. Private-label products are available at premium claims with unique flavoring. Private-label meat products are being stocked in retail stores and are available at lower prices compared with branded products, which are also appealing to consumers. Over the years, there has been a constant increase in the demand for private-labeled meat products, especially in developed economies such as the US and Europe.
According to the report, one driver in market is rise in demand for pork in China. The world's largest consumer and producer of pork is China. The country has become the leading importer of pork and is expected to account for more than a quarter of the global pork trade market in 2017. Europe is the largest exporter of pork to China and accounts for more than 72% of the Chinese pork import market. Low prices, abundant exportable supplies, and favorable exchange rate have led European countries to expand their shipment of pork to China. Even though the US accounts for only 18% of the China's pork import market, it is expected to remain as an important market for US shipment due to growing demand for pork. The shipment of pork from the US accounted for only 5.9% in January 2015, which increased to 13.2% in August 2015 due to a rapid decline in the production of domestic pork.
- Tetra Laval International
Other prominent vendors
- Bettcher Industries
- GEA Group
- BAADER Food Processing Machinery
- Prime Equipment Group
- CG Manufacturing and Distribution
- Brower Equipment
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wlxkvz/global_meat_and