Plucker Machine Market: Current Landscape, Growth Opportunities & Forecast 2023 to 2033
The plucker machine market is expected to grow at a CAGR of 4.5% from 2023 to 2033, from a value of US$ 1,593 million in 2023 to US$ 2,474 million.
The plucker machine market is a small but growing niche. The majority of its work is in agriculture, which also includes small-scale chicken farming and the gathering of fruits and vegetables.
The plucker machine is becoming more and more well-liked as a replacement for traditional harvesting techniques because of its ability to reduce labour costs and increase efficiency. In addition to their use in agriculture, pluckers are employed in the production of animal leather and fur. When compared to the 4% CAGR recorded between 2016 and 2022, the sheep handling equipment business is predicted to expand at a 4.5% CAGR between 2023 and 2033. The average growth of the market is expected to be approx 62.2% between 2022 and 2033.
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Automated Plucking Machine Influencing the Market Share
The market for plucker machine is anticipated to rise as processed poultry products become more popular. The demand for plucking machines is anticipated to rise due to the rising demand for convenience foods and the rising consumption of processed poultry. The development of automated plucker machines and the growing emphasis on food safety and cleanliness are the key growth factors of the plucker machine. While automated plucker machines are more compassionate and effective than hand plucking machines, the growing concern for animal welfare is predicted to increase demand. The sales of plucker machine are anticipated to be constrained by the high cost. The market growth is expected to be constrained by a lack of technological know-how and skilled workforce.
Fast Food Chains Extended Operations Raises the Demand for Plucker Machine
Plucker machines are being used by fast food restaurants quickly to meet client demand effectively and quickly. Popular fast food restaurants like KFC, Domino’s, McDonald’s Corporation, and Taco Bell are expanding into new countries. Over the projection period, this is likely to increase the adoption of plucker machine.
The top manufacturers of plucker machines concentrate on developing state-of-the-art processing equipment. Due to this newly created machinery, several products made of bird meat now have extended shelf lives.
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Recent Developments
New loan facilities of $63,200,000 were closed by Ardisam, Inc. and Huntington Business Credit in June 2022. The funds from the facility were used to refinance existing debt and continue financing working capital expansion. The purchase of superior equipment group, Inc. by John Bean Technologies Corporation, was disclosed in June 2019. The acquisition of premier brings us one step closer to realizing our goal of dominating the chicken market and providing premium products and services.
Key Segments
By Capacity:
Less than 5 Birds 5 to 15 15 to 30 More than 30
By Material:
Stainless Steel Mild Steel
By Motor Power:
0.5 Hp 1 Hp 2 Hp More than 2 Hp
By Region:
North America Latin America Europe East Asia South Asia Pacific Middle East and Africa