Unveiling the Future of Meat Processing Equipment: Projected Market Value of $22.6 Billion by 2031
According to this latest publication from Meticulous Research®, the meat processing equipment market is projected to reach $22.6 billion by 2031, at a CAGR of 6% from 2024 to 2031. The growth of the meat processing equipment market is mainly driven by the increasing demand for animal-based food, the growing need to increase productivity and reduce production costs, and government support to promote the food processing industry. However, the high cost of equipment is expected to restrain the growth of this market.
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