Protein processing technologies are becoming more sophisticated, proficient and attractive to meat and poultry plant operators.
Between 2017 and 2025, meat processing equipment revenues will rise from $11 billion to $18.8 billion, a 6.9 percent compound annual growth rate (CAGR), forecasts Allied Market Research, a Portland, Ore.-based market research and advisory firm.
“The industry exhibits an increase in adoption of fully automated technologies and in-built sensor systems,” Allied reports, noting innovations are enhancing machine efficiencies, increasing processing speeds and leading to more adoptions of automated processing systems.