Market revenue in 2024 | USD 1,164.8 million |
Market revenue in 2030 | USD 1,681.3 million |
Growth rate | 6.3% (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 24.58% in 2024. Horizon Databook has segmented the China 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.
China is one of the largest meat producer in the world, accounting for one third of the total meat production. China’s economic development has contributed a large share to the growth of meat processing industry.
Due to rapid urbanization and large flow of rural-urban migration, the middle class is growing, which is driving the demand for value-added foods such as processed meat products. Preference for meat products in daily diet in the region is also one of the key drivers of the market.
However, the new dietary guidelines by Chinese government to reduce the meat consumption by 50%, in order to deal with the problem of increasing obesity and diabetes, and to reduce the green house gas emission is expected to have a major impact on the market.
Horizon Databook provides a detailed overview of country-level data and insights on the China meat processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into China meat processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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