Meat Processing Equipment Market Forecast $11,495.3 Million - 2018 - PowerPoint PPT Presentation

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Meat Processing Equipment Market Forecast $11,495.3 Million - 2018


Processed Meat & Meat Processing Equipment Market Report Categorizes the Global 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 – PowerPoint PPT presentation

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Title: Meat Processing Equipment Market Forecast $11,495.3 Million - 2018

MarketsandMarkets Presents
 Meat Processing Equipment Market Forecast
11,495.3 Million 2018
The report Processed Meat and 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 defines and
segments the processed meat and meat processing
equipment market with analysis of current demand
and consumption forecast in terms of revenue. It
also identifies the driving and restraining
factors for the mentioned market with analysis of
trends, opportunities, burning issues, winning
imperatives, and challenges. Browse gtgt
106 data tables
28 figures 281 pages and
in-depth TOC on Processed Meat Meat Processing
Equipment Market http//www.marketsandmarkets.c
-1253.html Early buyers will receive 10
customization of reports.
Processed meat is an industry that is driven by
the demand for meat. Due to rapid increase in
globalization, processing of various types of
meat for feeding the global population has paced
up recently. People around the world have also
started increasing protein intake in their diet.
Hence, this factor is also driving the processed
meat industry. With the busy schedule of the
two-income family members, ready-to-eat meat
products are being largely preferred. All such
meat products contain the essential ingredients
and save cooking time of the consumers. Some of
the important factors that lead to the growth of
the processed meat markets are the growing
population, rise in the income level of the
middle class consumers in developing countries of
Asia-Pacific and Latin America, and increase in
the need for convenience foods. The economic
crisis faced by few countries of the world,
obesity crisis, and the health risk associated
with the consumption of processed meat are the
factors that act as constraints for this industry.
The meat processing equipment market is driven
by the associated advantages such as increased
consumption of processed meat and better quality
of meat products. However, the lack of awareness
about the processing equipment and availability
of trained manpower in the developing countries
are the main obstacles in the growth of the meat
processing equipment market. Growth is
particularly high in the Asia-Pacific countries
such as China, India, Japan, and New Zealand
because of the growing awareness about the
processed meat and this will in turn increase the
demand for the meat processing equipment, thereby
influencing this industry.
The global market for processed meat was
estimated to be worth around 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 global market for meat
processing equipment was 7,656.5 million in 2012
and by 2018 it is projected to be 11,495.3
million, growing with a CAGR of 7.2 from 2013 to
2018. Leading manufacturers are focusing on
expansion of their respective businesses across
regions and setting up new manufacturing plants
to ramp up production capacities and broaden
overall product line. Major industry participants
are involved in new product launches and
acquisitions to penetrate the untapped markets of
Asia and Latin America.
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