The feed processing market is projected to grow at a CAGR of 4.81% to reach US$22,199.968 million by 2024, from US$16,7449.277 million in 2018. Rising awareness about feed nutrition and animal health is significantly driving the growth of feed processing market. In addition, growing adoption of protein-rich diet across different regions is encouraging farmers to feed processed feed to their livestock, thus positively impacting the growth of feed processing market during the forecast period.
The rising use of automated systems by animal feed manufacturers throughout the production line is also contributing to the growth of feed processing market in the coming years. Additionally, technological developments in machinery are expected to widen up the growth opportunities for the feed processing market. However, the high investment cost is expected to hamper the growth of the market.
The feed processing market has been segmented on the basis of equipment type, livestock, form of feed and geography. Geographically, Asia-Pacific holds a significant market share owing to rising economic growth and urbanization coupled with the shift from unorganized livestock farming to the organized sector in countries like India, China, and Indonesia.
Growing demand for feed across the globe.
Rising awareness regarding feed nutrition and health.
High investment costs
In June 2018, SKIOLD A/S acquired Landmeco A/S, the largest manufacturer of poultry equipment with own development, production and sales.
In December 2017, GEA Group acquired Pavan Group a leading supplier of extrusion and milling technology, with an aim to expand its technological portfolio.
The major players profiled in the Feed Processing market include Buhler AG, GEA Group, ANDRITZ, Clextral, Het Feed Machinery, CPM, and Bratney Companies among others.
The feed processing market has been analyzed through the following segments:
By Equipment type
Cleaner and sorting
By Form of feed
Middle East and Africa
Frequently Asked Questions (FAQs)
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. Porter’s Five Forces Analysis
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. FEED PROCESSING MARKET BY EQUIPMENT TYPE
5.1. CLEANER AND SORTING
6. FEED PROCESSING MARKET BY LIVESTOCK
7. FEED PROCESSING MARKET BY FORM OF FEED
8. FEED PROCESSING MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3.3. UNITED KINGDOM
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.5. ASIA PACIFIC
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. RECENT Investments AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. BUHLER AG
10.2. GEA GROUP
10.5. HET FEED MACHINERY
10.7. BRATNEY COMPANIES
10.8. HENAN LONGCHANG MACHINERY MANUFACTURING CO. LTD.
10.9. COMPOUND FEED ENGINEERING LTD.
10.10. SKIOLD A/S
LIST OF FIGURES
LIST OF TABLES
Het Feed Machinery
Henan Longchang Machinery Manufacturing Co. Ltd.
Compound Feed Engineering Ltd.
All our studies come with 2 months of analyst support.
We are in compliance with the global privacy laws.