Product Code: ETC066408 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Meat Processing Equipment market currently, in 2023, has witnessed an HHI of 1240, Which has decreased slightly as compared to the HHI of 2090 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Philippines meat processing equipment market is expected to grow at a CAGR of 7.1% during the forecast period (2020-2025). The factors driving the growth of this market are growing demand for processed and convenience foods, increasing population and disposable income levels, changing consumer eating habits towards ready-to-eat meals, rising demand for high quality frozen food products in retail chains. Moreover, government initiatives such as providing grants to small scale businesses have encouraged the development of local players which has further boosted the Philippines meat processing equipment industry
However, increasing costs associated with raw materials used in production processes and stringent regulations on safety standards may hinder growth of this sector. Moreover, COVID 19 pandemic has drastically affected economic activities leading to disruption in global supply chain resulting into reduced investments from key players operating in this sector
The major players operating in Philippines Meat Processing Equipment Market are Marel Inc., Poultry Automation International Limited (PAIL), JBT Corporation , Kiremko Food Processing Equipment BV , Meyer Industries Inc., Middleby Corporation , Linco Food Systems A/S , GEA Group Aktiengesellschaft , Marlen International Inc., Fomaco Enterprises Ltd., Scanvaegt Systems A/S etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Meat Processing Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Meat Processing Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 Philippines Meat Processing Equipment Market - Industry Life Cycle |
3.4 Philippines Meat Processing Equipment Market - Porter's Five Forces |
3.5 Philippines Meat Processing Equipment Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 Philippines Meat Processing Equipment Market Revenues & Volume Share, By Meat Type, 2020 & 2027F |
4 Philippines Meat Processing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Meat Processing Equipment Market Trends |
6 Philippines Meat Processing Equipment Market, By Types |
6.1 Philippines Meat Processing Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Meat Processing Equipment Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 Philippines Meat Processing Equipment Market Revenues & Volume, By Slicing Equipment, 2018 - 2027F |
6.1.4 Philippines Meat Processing Equipment Market Revenues & Volume, By Blending Equipment, 2018 - 2027F |
6.1.5 Philippines Meat Processing Equipment Market Revenues & Volume, By Dicing Equipment, 2018 - 2027F |
6.1.6 Philippines Meat Processing Equipment Market Revenues & Volume, By Grinding Equipment, 2018 - 2027F |
6.1.7 Philippines Meat Processing Equipment Market Revenues & Volume, By Massaging & Marinating Equipment, 2018 - 2027F |
6.1.8 Philippines Meat Processing Equipment Market Revenues & Volume, By Smoking Equipment, 2018 - 2027F |
6.1.9 Philippines Meat Processing Equipment Market Revenues & Volume, By Other, 2018 - 2027F |
6.1.10 Philippines Meat Processing Equipment Market Revenues & Volume, By Other, 2018 - 2027F |
6.2 Philippines Meat Processing Equipment Market, By Meat Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Meat Processing Equipment Market Revenues & Volume, By Beef, 2018 - 2027F |
6.2.3 Philippines Meat Processing Equipment Market Revenues & Volume, By Mutton, 2018 - 2027F |
6.2.4 Philippines Meat Processing Equipment Market Revenues & Volume, By Pork, 2018 - 2027F |
6.2.5 Philippines Meat Processing Equipment Market Revenues & Volume, By Others, 2018 - 2027F |
7 Philippines Meat Processing Equipment Market Import-Export Trade Statistics |
7.1 Philippines Meat Processing Equipment Market Export to Major Countries |
7.2 Philippines Meat Processing Equipment Market Imports from Major Countries |
8 Philippines Meat Processing Equipment Market Key Performance Indicators |
9 Philippines Meat Processing Equipment Market - Opportunity Assessment |
9.1 Philippines Meat Processing Equipment Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 Philippines Meat Processing Equipment Market Opportunity Assessment, By Meat Type, 2020 & 2027F |
10 Philippines Meat Processing Equipment Market - Competitive Landscape |
10.1 Philippines Meat Processing Equipment Market Revenue Share, By Companies, 2020 |
10.2 Philippines Meat Processing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |