GLOBAL - The global poultry meat market was worth $179.5512 billion in 2012 and is expected to reach $250.9495 billion by 2018.
The market is expected to grow at a compound annual growth rate of 5.9 per cent from 2013 to 2018.
According to a new market research report, "Processed Poultry Meat & Poultry Meat Processing Equipment Market By Types (Chicken, Turkey, Ducks), By Product Type (Fresh Processed, Raw Cooked, Pre-Cooked, Raw-Fermented, Cured, Dried), By Equipment Types & By Geography - Global Trends & Forecasts to 2018", North America is seen as an important region for the sales of processed poultry meat and poultry meat processing equipment.
The report from MarketsandMarkets shows that this region has a large demand for processed poultry meat and poultry products, where the use of poultry processing equipment becomes evident.
The poultry processing equipment market is experiencing a continuous shift from the traditional systems of processing to automated processing systems.
The largest market segment for Processed Poultry Meat is Processed Chicken Meat.
The estimated poultry meat consumption is 106 million tons in 2013, of that, 94 million tons is chicken meat.
Chicken consumption is growing faster than that of the other meats. It takes much less feed to produce a kilo of chicken than an equal quantity of pork or beef.
Chicken meat had a share of 84.2 per cent of the total production of poultry meat. Roasted and fried chicken is becoming a favourite meat.
The fresh-processed poultry meat products are the products that are made by mixing various quantities of animal fat with the muscle poultry meat and the poultry body parts, which are further processed and packed.
These are fried or cooked just before their consumption, to make these products more savoury.
Products included in this category are sausages (which are made by filling fresh-processed poultry meat into some bread casings), patties, kebab, and others. Fresh processed poultry meat is mostly processed in North America region.
TheMeatSite News Desk
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