In 2023, the size of the global meat cutting machine market is anticipated to be US$687.5 Million. Additionally, due to increased use of these machines across the food service sector, it is anticipated that overall sales will increase at a CAGR of 8.8% between 2023 and 2033, reaching a valuation of US$ 749 Million by that year.
Similar to how premiumization of meats, safety regulations for high-tech equipment, and rising consumer demand for processed meat are anticipated to drive the meat cutting machine market in the coming years.
Various types of machines such as meat shredder, meat grinder, meat saw, meat slicers, meat mincer, meat dicer, and meat tenderizer are being increasingly used across end-use industries to reduce labor costs and improve overall productivity.
These machines allow users to cut and transform meat into various forms so that it can be used by consumers to satisfy their nutritional requirements. Rapid consumption of processed food products and increasing adoption of automation across food manufacturing industries will therefore continue to boost the sales of meat cutting machines during the forecast period.
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Key Takeaways from the Meat Cutting Machine Market Study:
• By equipment, the meat slicers segment accounts for a major chunk of the global meat cutting machine market.
Based on automation, the fully automatic segment is likely to grow at a higher CAGR during the next ten years.
• The North America meat cutting machine market is expected to expand at 7% CAGR between 2023 and 2033.
• China’s Meat cutting machines market is projected to grow at a CAGR of around 4% over the next ten years.
• Demand for meat cutting machines in Germany is projected to grow at a CAGR of around 7% between 2023 and 2033.
Who is Winning?
JBS USA Holdings Inc., Tyson Foods Inc., Cargill Meat Solution Corp., SYSCO Corp., Smithfield Foods Inc. are some of the top players operating in the global meet cutting machine market. These players are focused towards upgrading their portfolios by introducing new and advanced meat cutting machines with user friendly features.
Get Valuable Insights into Meat Cutting Machine Market
FMI, in its new offering, provides an unbiased analysis of the Meat Cutting Machine market presenting historical demand data (2018-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Meat Cutting Machines based on Equipment (Meat Shredder, Meat Grinder, Meat Saw, Meat Slicers, Meat Mincer, Meat Dicer, and Meat Tenderizer), Automation Grade (Manual, Semi-Automatic, Fully-Automatic) by End User (Meat processing Industries, Restaurants, Slaughter Houses, Household, Caterers) across five major regions.
Meat Cutting Machine Market by Category
By Equipment:
• Meat Shredder
• Meat Grinder
• Meat Saw
• Meat Slicers
• Meat Mincer
• Meat Dicer
• Meat Tenderizer
By Automation:
• Manual
• Semi-Automatic
• Fully-Automatic
By End User:
• Meat processing Industries
• Restaurants
• Slaughter Houses
• Household
• Caterers
By Region:
• North America
• Latin America
• Europe
• Asia Pacific