Market revenue in 2024 | USD 650.4 million |
Market revenue in 2030 | USD 891.7 million |
Growth rate | 5.4% (CAGR from 2024 to 2030) |
Largest segment | Slicing |
Fastest growing segment | Dicing |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Slicing, Blending, Dicing, Grinding, Massaging & Marinating, Smoking, Tenderizing |
Key market players worldwide | The Apache Software Foundation, Minerva SA ADR, Tomra Systems ASA, John Bean Technologies Corp, Nemco Food Equipment, The Middleby Corp, Marel hf |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to meat processing equipment market will help companies and investors design strategic landscapes.
Slicing was the largest segment with a revenue share of 24.86% in 2024. Horizon Databook has segmented the Brazil meat processing equipment market based on slicing, blending, dicing, grinding, massaging & marinating, smoking, tenderizing covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil emerged as one of the major players in the commercial meat processing equipment market, primarily on account of the presence of a number of meat processing companies. In addition, the economy is extensively involved in the cattle rearing and slaughtering which leads to an abundance of raw materials for the manufacturers of processed meat.
As a result, the economies realizes a high demand for the commercial meat processing equipment market. The market is however, expected to register a stunted growth on account of the unearthing of the meat scandal in Brazil.
This resulted in a sharp decline in the exports of the cut and processed beef by major economies across the globe. This is expected to result in a limiting of the demand for Brazilian beef, which is further expected to stun the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil meat processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil meat processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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