Global Poultry Processing Equipment Market is expected to grow at a CAGR of 5.5% from 2017 to 2025
Portland, OR -- (SBWIRE) -- 08/02/2017 -- According to a latest report published by Progressive Markets, titled, "Global Poultry Processing Equipment Market- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025", the industry is anticipated to register a CAGR of 5.5% during the period, 2017–2025. It is suitable for manufacturers and new entrants as it provides detailed account of market size by all regions of the market.
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The research gives a brief introduction of the global poultry processing equipment market in terms of its scope. It offers summary which includes significant findings, competitive landscape, market attractiveness, trend analysis, and recent developments. It incorporates research methodology, such as Porter's Five Forces Analysis (PFFA) to understand the rivalry in the industry. This also includes bargaining power of the supplier & buyer and threat from substitutes & new entrepreneurs. It divides the industry into poultry type, product type, equipment type, and geography.
Based on poultry types, the study categorizes the global poultry processing equipment market into turkey, chicken, and duck. According to it, product types of the industry include fresh-processed, pre-cooked, raw-cooked, raw fermented sausages, dried, cured, and sun-drying poultry meat. It classifies the devices of the market into killing & defeathering equipment, cut-ups equipment, evisceration equipment, deboning & skinning equipment, cooling & freezing, marinating & tumbling equipment, and grading & weighing machine. Geographically, it segments the industry into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific.
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The research analyzes share of the global poultry processing equipment market by poultry types, product types, equipment types, and geographies during the period, 2014–2025. It assesses market size of each product type, poultry type, and device type by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively. In addition, it evaluates market size of all nations of the industry during the aforementioned period.
The study discusses big market players of the global poultry processing equipment market, such as Baader Food Processing Machinery, Inc., Key Technology, Inc., Prime Equipment Group, Inc., Marel HF, Brower Equipment, Tetra Laval International, John Bean Technologies Corporation, Bettcher Industries, CTB, Inc, and Bayle S.A. It offers brief introduction of every manufacturer. Further, it analyzes business and finance segment of each company. It also evaluates recent advancements made by every firm. The report explores factors that accelerate growth of the industry which include regulations by government for safety of processed food. It discusses alternate aspects that propel demand of the industry, such as development in technology and advancements in the processing equipment.
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The experts describe features that cause slow progress of the global poultry processing equipment market, such as high investment costs and rise in raw material prices. Moreover, the report provides certain key takeaways of the global poultry processing equipment industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. It provides comprehensive evaluation of aspects that have potential to restrict or drive the industry.
The study on the global poultry processing equipment market offers manufacturers and producers to quickly identify opportunities present in the industry. It enables them to grab the future projects. It also encourages new entrepreneurs to participate in the market by providing the detailed information. The report aids to identify possible future investment pockets, thereby, promotes collaborations among vendors. It anticipates challenges and restraints of the industry which help producers and key stakeholders to take corrective steps during the forecast period.