Latin America Meat Processing Equipment Market Size & Outlook
Latin America meat processing equipment market, 2018-2030 (US$M)
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Latin America meat processing equipment market highlights
- The Latin America meat processing equipment market generated a revenue of USD 1,339.1 million in 2024.
- The market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, slicing was the largest revenue generating equipment in 2024.
- Dicing is the most lucrative equipment segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 1,339.1 million |
| Market revenue in 2030 | USD 1,816.5 million |
| Growth rate | 5.2% (CAGR from 2024 to 2030) |
| Largest segment | Slicing |
| Fastest growing segment | Dicing |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.9% of the global meat processing equipment market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,555.5 million by 2030.
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Meat Processing Equipment Market Scope
Meat Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America meat processing equipment market outlook
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 25.05% in 2024. Horizon Databook has segmented the Latin America 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.
The market for commercial meat processing equipment market is expected to grow on account of high production volumes realized by meat manufacturers and processors such as JBS Brasil. The company accounts for a high volume of processed meat which leads to a high demand for the meat processing equipment.
In addition, the meat processed in the region is generally exported to the entire region and the market in North America and parts of Europe. As a result, the manufacturers resort to the use of advanced machines in order to comply with the regulations listed in the aforementioned regions.
The demand for processed meat products in the region has exhibited an extensive demand resulting in the growth of the commercial meat processing equipment market. However, the production levels are expected to drop over the forecast period on account of temporary bans of the import of processed beef manufactured by JBS Brasil.
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Our clientele includes a mix of meat processing equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America meat processing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America meat processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America meat processing equipment market size, by country, 2018-2030 (US$M)
Latin America Meat Processing Equipment Market Outlook Share, 2024 & 2030 (US$M)
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