Feed processing means altering the physical (and sometimes chemical) nature of feed commodities to optimize utilization by animals and to enhance mixing and stability of the diet. The feed processing machinery includes the grinding equipment (hammer mill, fine pulverizer, and roller mill), mixing equipment (mixers, dosing and batching machinery, dust-filters), pelleting equipment (pellet mills, pellet dies, conditioners, coolers, and dryers), and extrusion equipment (extruders, fat sprayers, and pre-conditioners).
MARKET DYNAMICS
Increasing demand for high quality feed from aquaculture industry is driving the growth of the feed processing machinery market. However, the highly competitive costs may restrain the growth of the feed processing machinery market. Furthermore, the growth in need for feed processing equipment from developing economies is anticipated to create a market opportunity for the feed processing machinery market during the forecast period.
MARKET SCOPE
The "Global feed processing machinery market Analysis To 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The feed processing machinery market report aims to provide an overview of the feed processing machinery market with detailed market segmentation by function, feed type, and geography. The global feed processing machinery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed processing machinery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed processing machinery market is segmented on the basis of function and feed type. Based on function, the feed processing machinery market is segmented into: pelleting, mixing, grinding, and extrusion. On the basis of feed type, the feed processing machinery market is segmented into: ruminant feed, poultry feed, swine feed, aquaculture feed, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global feed processing machinery market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The feed processing machinery market by each region is later sub-segmented by respective countries and segments. The feed processing machinery market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed processing machinery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the feed processing machinery market in these regions.
IMPACT OF COVID-19 ON FEED PROCESSING MACHINERY MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has a negative impact on the feed processing machinery market in 2020. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human's movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. However, in 2021, with the uplifting of lockdown and vaccination processes, the manufacturing and construction companies have started working again. So, the demand for feed processing machinery market has started rising.
MARKET PLAYERS
The reports cover key developments in the feed processing machinery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from feed processing machinery market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the feed processing machinery market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed processing machinery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Andritz AG
- B.K. Allied Industries
- Bratney Companies
- Buhler AG
- Clextral
- Dinnissen BV
- HET Feed Machinery
- Het Feed Machinery
- Muyang Group
- Pavan Group