Poultry Processing Equipment Market

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Date Submitted: 05/02/2016 03:35 AM

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Bharat Book Bureau provides the report, on “Poultry Processing Equipment Market by Global Forecast to 2020”. This report help to get a comprehensive overview of the global poultry processing equipment market, & to gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them. https://www.bharatbook.com/food-market-research-reports-427190/poultry-processing-equipment-type-region-global-forecast.html

02nd May, 2016- Mumbai, India: Bharatbook.com announces a report on “Poultry Processing Equipment Market by Global Forecast to 2020”. The Report help to gain insights of the major countries/regions in which the poultry processing equipment market is flourishing

Poultry processing equipment market is projected to grow at a CAGR of 4.7%

The poultry processing equipment market is projected to reach USD 3.83 billion by 2020, at a CAGR of 4.7% from 2015 to 2020. The market is further driven by factors such as increased consumption of processed food, the government support for the use of equipment in developing countries, the demand for food safety, safety of workers, environment and sustainability, the presence of small and medium enterprises in developing countries, rising raw material costs, and international trade rules.

Killing & de-feathering equipment accounted for the largest market share in 2014

Killing & de-feathering dominated the poultry processing equipment market among other equipment. This market is projected to grow at the highest CAGR from 2015 to 2020. Due to the high cost of equipment and rise in automation, this market captured the largest market share in 2014, in terms of value.

Chicken led the market with the largest share in 2014

Based on poultry type, the poultry processing equipment market is led by chicken, followed by duck. Chicken consumption is growing faster than other meat as it takes less consumption of feed to produce a kilo of chicken than the equal quantity of...