Feed Mill Machine and Equipment: Introduction
- Feed mill machine and equipment are required to make poultry or animal feed pellets and they help in raw material receiving, batching, grinding, pelleting, mixing, sifting, cooling, packaging, and storing.
Key Drivers of the Global Feed Mill Machine and Equipment Market
- Rising trend of aquaculture is expected to boost the market in the coming years. Growing need for high quality feed from aquaculture and livestock industry is expected to have a positive impact on product demand.
- Rising number of livestock farms in developing countries such as India, Mexico, Brazil, and China is anticipated to create new avenues in the feed mill machine and equipment market.
Rising Awareness among Farmers about Benefits of Feed Processing Equipment Creates New Market Opportunities
- Increasing awareness about the benefits of processing machinery and equipment among farmers is likely to create a new avenue of market growth. Furthermore, rising investment by farmers to increase their overall sales volume is expected to indirectly impact the growth of the feed processing machine and equipment market.
Volatility in Raw Material Cost to Hamper the Global Feed Mill Machine and Equipment Market
- Volatility in raw material cost in machine manufacturing is expected to be a market restraint. It has been observed that average cost of raw material of feed machines such as steel and aluminum is volatile at the global level which may hamper the market growth.
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Asia Pacific the Dominant Market for Feed Mill Machines and Equipment
- Asia Pacific was the largest feed mill machine and equipment market in 2018. Majority of small and large scale players have strong presence in this region to cater to this market. Innovative technologies coupled with favorable government policies to boost agriculture is driving the market growth. China is the largest producer of feed mill machines and equipment in this region. Increasing developments in the livestock sector in the country coupled with high export opportunity of this product is driving market growth.
- North America is the second largest market followed by Europe in the feed mill machine and equipment market. High investment in product development in North America is fueling market growth. Key feed processing companies of this region are involved in the processing and production of different livestock products.
Key Players Operating in the Global Market
The global feed mill machine and equipment market is slightly fragmented in nature. Majority of manufacturers are working on the development of single screw extruders as a result of its extensive usage in aquatic feed. Furthermore, key market participants are signing strategic partnerships and taking strategic merger and acquisition decisions to increase their global market reach. For instance, in 2017, MÜNCH-Edelstahl GmbH and Schutte-Buffalo signed a partnership to increase their product offering at the global level. Moreover, feed mill machine and equipment companies are investing in infrastructure improvement to compete in the market. A few of the key players operating in the global feed mill machine and equipment market are listed below:
- Buhler AG
- Henan Longchang Machinery
- Dinnissen BV
- HET Feed Machinery
- Henan Longchang Machinery Manufacturing Co., Ltd
- Muyang Group
- B.K. Allied Industries
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Global Feed Mill Machine and Equipment Market: Research Scope
Global Feed Mill Machine and Equipment Market, by Product
- Pellet presses
Global Feed Mill Machine and Equipment Market, by Type
- Mixed feeds
Global Feed Mill Machine and Equipment Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report on the global feed mill machine and equipment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.