Pune, India, Oct. 19, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global feed processing equipment market size, appraised USD 4,084 million in 2020, is projected to expand at a CAGR of 4.5% during 2021-2027 and subsequently reach a valuation of USD 5,600.2 million by the end of the stipulated timeframe.
Proceeding further, the research literature hosts in-depth studies on the industry segments, including product type terrain, application spectrum, and geographical bifurcation. It extends through a detailed account of the evolving competitive landscape by investigating the major players in terms of their financials, product portfolio, and strategic undertakings.
Increasing industrialization of livestock farming, growing popularity of aquaculture, developing cognizance among farmers regarding the benefits of feed processing machinery, and rising trend of automation are the major factors supporting the market growth.
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Product type landscape:
The product terrain of the industry is fragmented into mixing machine, grinding machine, pelleting & extrusion, and others. Among these, pelleting & extrusion segment currently accounts for about 40% of the industry share and will likely maintain a strong growth curve in the forthcoming years.
Application spectrum overview:
Global feed processing equipment industry, based on the application scope, is fragmented into pig, poultry, aqua, ruminant, and others. Of these, poultry segment witnesses the largest demand for feed processing machinery, accounting for 40% of the industry share.
Geographical landscape outlook:
Asia Pacific and Europe are the prime growth hubs, collectively representing over 65% of the market share. In particular, Asia Pacific boasts of having the highest number of feed manufacturers and machinery suppliers, with China at the forefront. Rapid economic growth and urbanization, government subsidies for mechanization, and technological innovations are favoring the industry development in the country.
Competitive landscape summary:
Major players impacting worldwide feed processing equipment industry dynamics are Zhengzhou Fusmar Machinery Co., Ltd., Jiangsu Zhengchang Group Co., Ltd., Yemtar, Yemmak, Wenger Feeds, WAMGroup S.p.A., Excellence Poultry and Livestock Specialist Inc. (Viteral), Van Aarsen Intl., Triumph Engineering Group Inc., Triott Group, and Technex LLC among others.
The market is highly competitive due to presence of numerous regional and local players. Major companies are aligning their focus towards new product development, partnerships and mergers, and offering customized service packs, training opportunities, maintenance contracts, and repairs services to improve their positioning in the marketplace.
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Global Feed Processing Equipment Market, by Type (Revenue, USD Million, 2016-2027)
- Mixing Machine
- Grinding Machine
- Pelleting & Extrusion
- Others
Global Feed Processing Equipment Market, by Application (Revenue, USD Million, 2016-2027)
- Pig
- Poultry
- Aqua
- Ruminant
- Others
Global Feed Processing Equipment Market, by Geography (Revenue, USD Million, 2016-2027)
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Italy
- Russia
Asia Pacific
- India
- Australia
- China
- South Korea
- Thailand
- Malaysia
- Indonesia
- Vietnam
- Philippines
Latin America
- Argentina
- Brazil
- Mexico
Middle East & Africa
- Saudi Arabia
- Turkey
- UAE
Global Feed Processing Equipment Market Company Profiles (Revenue, USD Million, 2016-2027)
- Zhengzhou Fusmar Machinery Co., Ltd.
- Jiangsu Zhengchang Group Co., Ltd.
- Yemtar
- Yemmak
- Wenger Feeds
- WAMGroup S.p.A.
- Excellence Poultry and Livestock Specialist Inc. (Viteral)
- Van Aarsen Intl.
- Triumph Engineering Group Inc.
- Triott Group
- Technex LLC
- Sudenga Industries Inc.
- Stolz
- Statec Binder GmbH
- Shanghai Zhengchang International Mechanical Engineering Co., Ltd.
- Royal Food Processing & Packaging Machines
- Petkus Group
- Mabar Feed
- LoChamp International Co., Ltd.
- La Meccanica
- KSE Ltd.
- Jiangsu Degao Machinery Co., Ltd.
- Henan Richi Machinery Co., Ltd.
- Idah
- Famsun (Muyang)
- CPM
- Clextral
- Cimbria S.r.l.
- Bühler Group
- Andritz Group
- Bliss Industries, LLC
- Amandus Kahl Gmbh & Co.
- Anderson International Corp.
- ABC Machinery
Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Feed Processing Equipment Market Size by Type: 2016 VS 2021 VS 2027
1.2.2 Grinding Machine
1.2.3 Mixing Machine
1.2.4 Pelleting & Extrusion
1.2.5 Other Equipment
1.3 Market by Application
1.3.1 Global Feed Processing Equipment Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Poultry
1.3.3 Pig
1.3.4 Ruminant
1.3.5 Aqua
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trend
2.1 Global Feed Processing Equipment Market Perspective (2016-2027)
2.2 Global Feed Processing Equipment Growth Trends by Regions
2.2.1 Feed Processing Equipment Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Feed Processing Equipment Historic Market Size by Regions (2016-2021)
2.2.3 Feed Processing Equipment Forecasted Market Size by Regions (2022-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Feed Processing Equipment Industry Trends
2.3.2 Feed Processing Equipment Market Drivers
2.3.3 Feed Processing Equipment Market Challenges
2.3.4 Feed Processing Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Feed Processing Equipment Players by Market Size
3.1.1 Players Covered: Ranking by Feed Processing Equipment Revenue
3.1.2 Global Top Feed Processing Equipment Players by Revenue (2016-2021)
3.1.3 Global Feed Processing Equipment Revenue Market Share by Players (2016-2021)
3.1.4 Global Feed Processing Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Feed Processing Equipment Market Concentration Ratio
3.2.1 Global Feed Processing Equipment Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 5 and Top 10 Players by Feed Processing Equipment Revenue in 2020
3.3 Feed Processing Equipment Key Players Head office and Area Served
3.4 Key Players Feed Processing Equipment Product Solution and Service
3.5 Date of Enter into Feed Processing Equipment Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Global Feed Processing Equipment Breakdown Data by Type (2016-2027)
4.1 Global Feed Processing Equipment Historic Market Size by Type (2016-2021)
4.2 Global Feed Processing Equipment Forecasted Market Size by Type (2022-2027)
5 Global Feed Processing Equipment Breakdown Data by Application (2016-2027)
5.1 Global Feed Processing Equipment Historic Market Size by Application (2016-2021)
5.2 Feed Processing Equipment Forecasted Market Size by Application (2022-2027)
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Processed Fruits & Vegetables Market Size, Industry Analysis Report, Regional Outlook, Covid-19 Impact Analysis, Growth Potential, Price Trend, Competitive Market, 2021 - 2027
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