Market Definition: Global Slaughtering Equipment Market
There is an increased demand for processed meat, which has increased the meat exports activities around the globe in past few years. There is a line of automated operation which allows slaughter houses to provide high quality of the meat at a higher speed. There are semi-automatic slaughtering lines which consist of some automatic machines as well as manual labor-oriented processes during slaughtering. Semi-automated lines have lower initial investments and require low maintenance costs which are its main advantages over automated slaughtering equipment.
Market Analysis: Global Slaughtering Equipment Market
Global Slaughtering Equipment Market is expected to reach USD 15.92 billion by 2025, from USD 9.98 billion in 2017 growing at a CAGR of 6.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Competitive Landscape: Global Slaughtering Equipment Market
The global slaughtering equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of slaughtering equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Slaughtering Equipment Market
The key players operating in the global slaughtering equipment market are –
Baader Group
Bayle SA
Prime Equipment Group
Marel
The other players in the market are CTB, Brower Equipment, Jarvis Equipment, Industries Riopel, Asena, Dhopeshwar Engineering Private Limited, Meatek Food Machineries, Banss, Limos, Best & Donovan, Blasau and many more.
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