Feed Processing Machinery Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Feed Processing Machinery Market Analysis
The Global Feed Processing Machinery Market is projected to register a CAGR of 4.5% during the forecast period.
- Industrialization of livestock production and demand for high-quality feed, especially from aquaculture has paved the way for machinery manufacturers to explore the market. To meet the demand of livestock farmers the highly automated and advanced machinery has also augmented the growth of the market.
- Demand in the growth of compound feed and feed additives has created an opportunity for machinery manufacturers to supply a number of equipment and advanced machinery to meet the demands. Increasing feed-based industries in Asia-Pacific are also driving the market to spur during the forecast period.
- Availability of various customized services, technological advancement in the field of machinery, growing awareness about the importance of feed and feed additives among livestock farmers and increasing commercial livestock farms are some of the major factors to drive the global feed processing machienary market during the forecast period.
Feed Processing Machinery Market Trends
This section covers the major market trends shaping the Feed Processing Machinery Market according to our research experts:
Increasing Demand for High Quality Feed from Livestock Industry
A rise in animal-based food product consumption all over the world is anticipated to boost the demand for feed. Changes in customer dietary habits toward the quality of dairy products and meat are expected to contribute to the growth of the feed industry which drives the feed processing machinery market. Nevertheless, with the rise in meat consumption across the world, the feed industry is estimated to witness a huge demand for better-quality meat.
The consumption of meat has been rising steadily across the world. The increasing population, urbanization, demographics, incomes, prices, and environmental and health concerns are key factors that influence the level and type of meat consumption. This is enhancing the demand for the feed market.
The rise of aquaculture has attracted a great deal of attention among aquafeed manufacturers, globally. For the aquaculture sector to maintain its current growth rate, the supply of nutrient and feed inputs may have to grow at a similar rate, while the production of aquatic ingredients remains static and other sectors are competing for the same feed resources. However, the steady growth of aquaculture and the demand for more feed, especially for tilapia and catfish, sparked the interest among most of the small scale producers to process their own feeds, rather than purchasing a complete fish feed. This, in turn, is encouraging small scale farmers to install feed processing machinery. The rise in compound feed costs and the rising awareness among farmers regarding the benefits associated with feed processing equipment are boosting the demand for feed processing machinery.
Asia Pacific Dominates the Global Market
The Asia Pacific is leading the market with the presence of the highest number of feed manufacturers and machinery suppliers. China remains top feed producer and user of feed processing machinery due to an increase in economic growth and rapid urbanization. The major driver for the market is increasing the concentration of domestic feed processing machinery companies, innovation in technology, government subsidies for mechanization as a result of the growing population.
China's commercial feed processing machinery industry plays a critical role in supporting the growth of the country's livestock sector and creating export opportunities for other countries. The Chinese feed industry experienced a minor blip in the year 2019 on account of the widespread influence of African Swine Fever (ASF). However, the feed production is expected to be back on track over the forecast period.
In the Asia-Pacific, the total feed production had increased by 30.3% from 2017 to 2022. The total feed production in the region accounted for 502.7 million metric ton in 2022. The increasing demand for feed drives the market.
Feed Processing Machinery Industry Overview
The feed processing machinery market is consolidated in nature with major players accounting for major market share. The major players in the market are Buhler AG, Clextral, Dinnissen BV, Andritz AG, and Bratney Companies, among others. Most of the major companies in the market are concentrating on developing new machinery, partnerships, and mergers, to achieve a competitive edge over other market players.
Feed Processing Machinery Market Leaders
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Buhler AG
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Clextral
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Dinnissen BV
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Andritz AG
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Bratney Companies
*Disclaimer: Major Players sorted in no particular order
Feed Processing Machinery Market News
- November 2022: Buhler launched the Granulex 5 series- the next generation hammer mill platform. It is a groundbreaking modular system that offers significant energy savings and flexibility while maintaining the highest product quality and safety standards.
- August 2022: Bühler India expanded its facility by opening a new color sorter manufacturing facility in Bengaluru, India. This new facility offers world-class products to customers in the region with the added benefit of them being manufactured in India.
- November 2021: Dinnissen partnered with Ottevanger. The collaboration allowed Dinnissen to focus more on high-end processing solutions for dairy. For Ottevanger, the alliance offered the opportunity to strengthen its position in the international feed market.
Feed Processing Machinery Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Function
5.1.1 Pelleting
5.1.1.1 Pellet Mills
5.1.1.2 Pellet dies
5.1.1.3 Conditioners
5.1.1.4 Others (Coolers and Dryers)
5.1.2 Mixing
5.1.2.1 Mixers
5.1.2.2 Dosing and Batching
5.1.2.3 Others (Dust-filters)
5.1.3 Grinding
5.1.3.1 Hammer mill
5.1.3.2 Fine Pulverizer
5.1.3.3 Others (Roller Mills and Screening Devices)
5.1.4 Extrusion
5.1.4.1 Extruders
5.1.4.2 Fat Sprayers
5.1.4.3 Others (Pre-conditioners)
5.2 Feed Type
5.2.1 Ruminant Feed
5.2.2 Poultry Feed
5.2.3 Swine Feed
5.2.4 Aquaculture Feed
5.2.5 Other Animal Feed
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa
6. Competitive Landscape
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Andritz AG
6.3.2 Buhler AG
6.3.3 Clextral
6.3.4 Bratney Companies
6.3.5 Dinnissen BV
6.3.6 HET Feed Machinery
6.3.7 Muyang Group
6.3.8 B.K. Allied Industries
6.3.9 Henan Longchang Machinery Manufacturing Co., Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Feed Processing Machinery Industry Segmentation
Feed processing equipment is a machine that produces animal feed by processing the raw material. They are used to produce animal feed. The Global Feed Processing Machinery Market is Segmented By Function (Pelleting, Mixing, Grinding, and Extrusion), Feed Type (Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, and Other Animal Feed), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers the market size and forecasts in terms of value in USD million for all the above segments.
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Feed Processing Machinery Market Research FAQs
What is the current Feed Processing Machinery Market size?
The Feed Processing Machinery Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Feed Processing Machinery Market?
Buhler AG, Clextral, Dinnissen BV, Andritz AG and Bratney Companies are the major companies operating in the Feed Processing Machinery Market.
Which is the fastest growing region in Feed Processing Machinery Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Feed Processing Machinery Market?
In 2024, the Asia Pacific accounts for the largest market share in Feed Processing Machinery Market.
What years does this Feed Processing Machinery Market cover?
The report covers the Feed Processing Machinery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Feed Processing Machinery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Feed Processing Equipment Industry Report
Statistics for the 2024 Feed Processing Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Feed Processing Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
