What is Global Poultry Opening Machine Market?
The Global Poultry Opening Machine Market is a specialized sector within the broader poultry industry, focusing on the manufacturing and distribution of machines designed to open poultry during processing. These machines are essential in the poultry industry, as they help to streamline the process of preparing poultry for consumption, making it more efficient and cost-effective. The market is global in nature, meaning it encompasses the production and sale of these machines in countries all around the world. In 2023, the market was valued at a substantial US$ 430 million, indicating a strong demand for these machines. The market is projected to grow even further, reaching an estimated value of US$ 607.5 million by 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 5.0% during the forecast period of 2024 to 2030.
Manual Poultry Opening Machine, Semi-Automatic Poultry Opening Machine, Automatic Poultry Opening Machine in the Global Poultry Opening Machine Market:
The Global Poultry Opening Machine Market is segmented into three main types of machines: Manual Poultry Opening Machines, Semi-Automatic Poultry Opening Machines, and Automatic Poultry Opening Machines. Manual machines require human intervention to operate, making them less efficient but more affordable. Semi-automatic machines offer a balance between efficiency and cost, requiring some human intervention but also incorporating automated features. Automatic machines are the most efficient, operating with minimal human intervention, but they are also the most expensive. Each type of machine has its own advantages and disadvantages, and the choice between them depends on the specific needs and budget of the poultry processing plant.
Broiler, Duck, Others in the Global Poultry Opening Machine Market:
The Global Poultry Opening Machine Market serves a variety of areas within the poultry industry, including broiler, duck, and others. Broiler refers to chickens that are raised for meat production, and these make up a significant portion of the market. Duck, while less common than chicken, is still a significant part of the poultry industry and thus the market for poultry opening machines. Other areas of the market include other types of poultry, such as turkey and quail. Each of these areas has its own specific needs and requirements when it comes to poultry opening machines, and the market caters to these through the production of a variety of different machines.
Global Poultry Opening Machine Market Outlook:
Looking at the market outlook for the Global Poultry Opening Machine Market, it's clear that this is a growing and dynamic sector. In 2023, the market was already valued at a significant US$ 430 million. By 2030, it's projected to reach an impressive US$ 607.5 million, growing at a compound annual growth rate (CAGR) of 5.0% during the forecast period of 2024 to 2030. Europe is a major player in this market, accounting for more than 25% of the market share, while China also holds a significant portion with about 10% of the market share. The global leader in this market is Marel, a company that holds approximately 53% of the global revenue share.
Report Metric | Details |
Report Name | Poultry Opening Machine Market |
Accounted market size in 2023 | US$ 430 million |
Forecasted market size in 2030 | US$ 607.5 million |
CAGR | 5.0% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | Marel, Meyn, Mayekawa, BAADER LINCO, Foodmate, John Bean Technologies Corporation, Cantrell, SDBaoxing, Bayle S.A, Poultry Processing Equipment, Spssk, Cattaruzzi, Jianhua |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |