Product Code: ETC066403 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Meat Processing Equipment market currently, in 2023, has witnessed an HHI of 1820, Which has increased slightly as compared to the HHI of 1440 in 2017. The market is moving towards moderately 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.
The meat processing equipment market in India is expected to grow at a CAGR of 6.4% during the forecast period 2020-2025. This growth is attributed to factors such as rising demand for processed meats, growing health concerns among consumers, and increasing disposable incomes of middle class households in India. Additionally, technological advancements have enabled manufacturers to introduce innovative products with enhanced efficiency and safety features which are driving the growth of the Indian meat processing equipment market.
Rising Demand for Processed Meats ? With an increase in consumer preference for convenience foods over traditional cooking methods, there has been a significant rise in demand for processed meats across India over the past few years. This has led to increased investments from both domestic and international companies into setting up modern abattoirs along with efficient meat processing facilities which require cutting-edge machinery like grinders, vacuum tumblers etc., thus leading to sustained growth of this market. Growing Health Concerns Among Consumers - The consumption of fresh/processed meats has significantly gained traction due to its taste as well nutritional value that helps meet dietary requirements and boost immunity levels amongst consumers, especially during these times when hygiene needs utmost priority ensuring safe practices while consuming food items . This factor will drive adoption of high quality meat processing equipment across various sectors including retail outlets & restaurants; cold storages & transportation units; hotels & resorts; slaughterhouses etc., thus leading towards higher revenues generated by this industry over time.
High Initial Investment? Meat processing requires sophisticated machines and technologies that involve a high initial investment thereby posing challenges on small players who are looking forward expand their footprint within this industry space. Companies need to ensure steady sourcing of raw materials (meats) so as maintain consistency throughout production cycle ,which can be difficult at times owing limited availability or fluctuating prices further complicating matters . Moreover , constant maintenance & timely servicing is essential guarantee long shelf life span regardless increase operational costs incurred by manufacturers.
Increased Focus On Automation? Advances made within automation sector have enabled industries implement efficient production processes reduce manpower cost while increasing throughput rate simultaneously . Innovative systems like robotic palletizing allow packing large volumes goods quickly saving time effort hence encouraging more businesses invest automated solutions improve profitability also gain competitive edge existing players within marketplace.
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 India Meat Processing Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Meat Processing Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 India Meat Processing Equipment Market - Industry Life Cycle |
3.4 India Meat Processing Equipment Market - Porter's Five Forces |
3.5 India Meat Processing Equipment Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 India Meat Processing Equipment Market Revenues & Volume Share, By Meat Type, 2020 & 2027F |
4 India Meat Processing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Meat Processing Equipment Market Trends |
6 India Meat Processing Equipment Market, By Types |
6.1 India Meat Processing Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Meat Processing Equipment Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 India Meat Processing Equipment Market Revenues & Volume, By Slicing Equipment, 2018 - 2027F |
6.1.4 India Meat Processing Equipment Market Revenues & Volume, By Blending Equipment, 2018 - 2027F |
6.1.5 India Meat Processing Equipment Market Revenues & Volume, By Dicing Equipment, 2018 - 2027F |
6.1.6 India Meat Processing Equipment Market Revenues & Volume, By Grinding Equipment, 2018 - 2027F |
6.1.7 India Meat Processing Equipment Market Revenues & Volume, By Massaging & Marinating Equipment, 2018 - 2027F |
6.1.8 India Meat Processing Equipment Market Revenues & Volume, By Smoking Equipment, 2018 - 2027F |
6.1.9 India Meat Processing Equipment Market Revenues & Volume, By Other, 2018 - 2027F |
6.1.10 India Meat Processing Equipment Market Revenues & Volume, By Other, 2018 - 2027F |
6.2 India Meat Processing Equipment Market, By Meat Type |
6.2.1 Overview and Analysis |
6.2.2 India Meat Processing Equipment Market Revenues & Volume, By Beef, 2018 - 2027F |
6.2.3 India Meat Processing Equipment Market Revenues & Volume, By Mutton, 2018 - 2027F |
6.2.4 India Meat Processing Equipment Market Revenues & Volume, By Pork, 2018 - 2027F |
6.2.5 India Meat Processing Equipment Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Meat Processing Equipment Market Import-Export Trade Statistics |
7.1 India Meat Processing Equipment Market Export to Major Countries |
7.2 India Meat Processing Equipment Market Imports from Major Countries |
8 India Meat Processing Equipment Market Key Performance Indicators |
9 India Meat Processing Equipment Market - Opportunity Assessment |
9.1 India Meat Processing Equipment Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 India Meat Processing Equipment Market Opportunity Assessment, By Meat Type, 2020 & 2027F |
10 India Meat Processing Equipment Market - Competitive Landscape |
10.1 India Meat Processing Equipment Market Revenue Share, By Companies, 2020 |
10.2 India Meat Processing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |