Global Feed Processing Market, By Type (Cleaning and Sorting, Grinding, Mixing, Conditioning and Expanding, Testing and Analysis, Dosing and Batching, Pelleting, Extrusion, Cooling and Drying, Others), Livestock (Poultry, Ruminants, Swine, Others), Mode of Operation (Automatic, Semi-Automatic, Manual), Form of Feed (Pellets, Mash, Crumbles, Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Feed Processing Market
Data Bridge Market Research analyses that the feed processing market will project a compound annual growth rate (CAGR) of 5.10% during the forecast period of 2022-2029. Growing rate of population especially in the developing economies such as China and India, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural and farming practices, high growth in emerging countries coupled with high adoption of innovative technologies, surging demand for treated animal feed stuff due to large population consuming carnivorous diet and increasing industry competitiveness are the major factors attributable to the growth of feed processing market.
Feed processing refers to the process that facilitates breaking down of physical nature of the feed commodities to procure its optimum utilization. Food processing improves the quality of the final product obtained by minimizing the loss in the production or manufacturing process.
Growing awareness about the benefits of feed processing, increase in the prevalence of diseases and disorders in animals, rising demand for poultry meat owing to its high protein content, and increasing livestock population around the world will emerge as the major factors fostering the growth of the market. Also, surging concerns regarding food safety, surging levels of investment for the development of advanced technology in the equipment industry, growing rate of industrialization, and rising expenditure for research and development proficiencies in regards to new product launches are other important factors fostering the growth of the market. Increase in the demand and prevalence of customised services will further create lucrative and remunerative growth opportunities for the market.
However, concerns regarding the availability of raw materials due to the COVID-19 pandemic is a major factor that will pose a major challenge to the growth of the market. Also, fluctuating costs of the raw materials, dearth of awareness, rising need of high capital investment along with market consolidation and lack required infrastructure facilities in the underdeveloped economies will further slowdown the market growth rate. Also, supply chain disruptions and stringent regulations imposed on the approvals of feed products would hamper the market growth rate.
This feed processing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on feed processing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Feed Processing Market Scope and Market Size
The global feed processing market is segmented on the basis of type, livestock, form of feed, and mode of operation. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the feed processing market is segmented into cleaning and sorting, grinding, mixing, conditioning and expanding, testing and analysis, dosing and batching, pelleting, extrusion, cooling and drying, and others. Others have been further segmented into bagging and warehousing, and bulk storage equipment.
- Based on livestock, the feed processing market is segmented into poultry, ruminants, swine, and others. Others have been further segmented into aquatic animals, pets, and equine.
- Based on the form of feed, the feed processing market is segmented into pellets, mash, crumbles, and others. Others have been further segmented into cubes, cakes, and liquid.
- The feed processing market is also segmented on the basis of mode of operation. The mode of operation is segmented into automatic, semi-automatic, and manual.
Feed Processing Market Country Level Analysis
The global feed processing market is analyses and market size, volume information is provided by country by type, livestock, form of feed, and mode of operation as referenced above.
The countries covered in the feed processing market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific region dominates the feed processing market and will continue to flourish its dominance during the forecast period owing to the large number of feed manufacturers in the region. Europe will score the highest growth rate owing to the rising research and development proficiencies and strong distribution network in the region.
The country section of the feed processing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Processing Market Share Analysis
The global feed processing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to feed processing market.
Some of the major players operating in the feed processing market are ANDRITZ, Bühler AG, GEA Group Aktiengesellschaft, Clextral, Jiangsu Muyang Group Co., Ltd., BRATNEY COMPANIES, Dinnissen BV, Henan Longchang Machinery Manufacturing Co., Ltd, B.K. Alled Industries, HET Feed Machinery, Zhengchang, Tapco, Inc., MENCI & C. S.P.A., Chr. Hansen Holding A/S, Lallemand Inc., BASF SE, ADM, Danisco, Novozymes A/S, Dow, DuPont, DSM, and Novus International among others.
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