Marel, Illionois Tool Works and GEA Group Aktiengesellschaft are Dominating the Global Meat, Poultry and Seafood Processing Equipment Market in 2020

Global Meat, Poultry and Seafood Processing Equipment Market is expected to grow with the CAGR of 5.8% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global meat, poultry & seafood processing equipment market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in meat, poultry & seafood processing equipment market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,

  • In September 2020, Key Technology entered into a partnership with Heat and Control Pty Ltd. in order to supporting customers in Australia, New Zealand and India. This development help the company to enhanced their business and generate adequate revenue.

Marel is dominating player in meat, poultry & seafood processing equipment market. The other key players existing in the market includes Equipamientos Cárnicos, S.L., BIRO Manufacturing Company, BRAHER INTERNACIONAL, S.A., RZPO, Riopel Industries Inc., Minerva Omega Group s.r.l., GEA Group Aktiengesellschaft, RISCO S.p.A, Millard Manufacturing Corporation, Apache Stainless Equipment, Gee Gee Foods & Packaging Co. Pvt. Ltd., PSS SVIDNÍK, a.s., Ross Industries, Inc., Metalbud, BAADER, CTB, INC., JBT, Marel, Nowicki USA, Key Technology, Illinois Tool Works Inc., The Middleby Corporation, Bettcher Industries, Inc. and BIZERBA among others.

Meat, Poultry and Seafood Processing Equipment MarketMarel

Marel, headquartered in Gardabaer, Iceland was founded in 1977.The company is engaged in outgrowing development Meat, Poultry & Seafood Processing Equipment industry on a worldwide scale. The company provides Poultry, Fish, Meat, Others equipment for the food processing industry. The company has presence across the globe in North America, Europe, South America, Asia-Pacific, Middle East and Africa.

For instance,

  • In June 2020, Marel launched new of ACM-NT poultry cut-up automation which is used in the poultry processing. This helps in the cutting of leg, wing and breast and it is the custom-designed system which can make high grade chicken parts. This development has enhanced the credibility of the company in the market.

Illinois Tool Works Inc.

Illinois Tool Works Inc. headquartered in Illinois, U.S. and was founded in year 1912. The company engaged in manufacturing and commercializing of wide range of Meat, Poultry & Seafood Processing Equipment across the world. The company offers wide range of business categories such as Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, Specialty Products and Food Equipment is market focused category.

The company has wide global presence across the world as North America generates revenue from subsidiaries such as Sentinel Asia Yuhan Hoesa (South Korea), Shanghai ITW Plastic & Metal Co. Ltd (China), Simco Japan, Inc (Japan), Société de Prospection et d’Inventions Techniques – SPIT (France), Speedline Holdings I, Inc. (Delaware) and Speedline Holdings I, LLC (Delaware) among others.

For instance,

  • In April 2020, Illinois Tool Works Inc. received ENERGY STAR nation’s highest honor award for energy efficiency award for ITW Food Equipment Group. Such type of award enhanced the credibility of the company in the market.

GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft is headquartered in Düsseldorf, Germany, was founded in 1881. The company engaged in commercializing of BA Equipment, BA Solutions and BA Equipment is the market focused business segment. The company offers product categories which are Beverage, Chemical, Dairy, Dairy Farming, Environment, Food, Home & Personal Care, Marine, Oil & Gas and Energy, Pharma & Healthcare, Refrigeration & Heating and Food is market focused category.

The company has wide global presence across North America, South America, Europe, Middle East and Africa, Asia-Pacific and generates revenue from subsidiaries such as GEA Process Engineering S.A. (Argentina), GEA Australia Pty. Ltd. (Australia), GEA Nu-Con Pty. Ltd. (Australia), GEA Process Engineering N.V. (Belgium) and GEA Process Engineering Chile S.A. (Chile) among others.

For instance,

  • In October 2020, GEA Group Aktiengesellschaft launched the new GEA ScreenFilter which is ideal for lighter brines which helps to enhance the flavour and extend the shelf life of food products such as bacon, ham, and poultry. This helped company to build its strong portfolio in the meat and poultry food products technology.