Meat Processing Equipment Industry to Cross $ 12B by 2027 – Shifting Consumer Preferences from Red Meat to Alternative Meat Sources are Restraining Growth

DUBLIN — The “Meat Processing Equipment – Global Market Outlook (2018-2027)” report has been added to’s offering.

The Global Meat Processing Equipment market accounted for $6.46 billion in 2018 and is expected to reach $12.08 billion by 2027 growing at a CAGR of 7.2% during the forecast period.

Growing consumer demand for processed meat products and increasing focus on food safety requirements are the major factors driving market growth. However, the high costs of automated equipment and shifting consumer preferences from red meat to alternative meat sources are restraining market growth.

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