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Feed Processing Market By Type (Cleaning & Sorting, Grinding, Mixing, Conditioning & Expanding, Dosing & Batching, Pelleting, Extrusion), Mode of Operation (Manual, Semi-Automatic and Automatic), Livestock (Poultry, Pigs and Others), Form (Granules, Puree and Others), and Region, Forecast Data, Market Share, Detailed Overview, and In-Depth Analysis, and Forecast, 2022 to 2027.

Published: January, 2022
ID: 11078
Pages: 175
Formats: report pdf report excel report power bi report ppt

Feed Processing Market Size & Growth (2022 - 2027):

The Feed Processing Market was at USD 20.86 billion in 2021 and is anticipated to reach over USD 26.62 billion, rising at a CAGR of 4.4% throughout the foreseen period (2022 - 2027).

Animal feed is important and the most important factor in animal production. Food processing involves breaking down the physical nature of food to result in optimal use by animals, as well as improving the mix and stability of your food. Finely processed food particles digest better than coarse or whole food ingredients. This procedure helps improve the digestibility and bioavailability of food. Food processing not only improves the quality of food, it also minimizes losses during feeding. Common food processing goals include better feed conversion or efficiency, higher feed consumption and faster average daily gain, better carcass quality or yield, reduced feed waste, and many others. The feed preparation methods used for pigs and poultry are relatively simple and few compared to the variety of methods available for feeding ruminants.

Impact of COVID-19 on Feed Processing Market

Coronavirus is disrupting certain activities in agriculture and supply chains. There are disruptions in supply chains due to transportation issues and other issues. The prices of wheat, vegetables and other crops have fallen, but consumers tend to pay more. Media reports show that closing hotels, restaurants, candy stores and tea rooms during the shutdown is already reducing milk sales. The economic impact will likely be much more severe for India for two reasons. First, before COVID-19, the economy was already slowing down, exacerbating existing problems of unemployment, low income, rural distress, malnutrition, and widespread inequality. Second, the large informal sector in India is particularly vulnerable.

Recent Developments

  • For example, in December 2017, GEA Group AG (Germany) acquired the Pavan Group in Italy. This acquisition has allowed GEA to expand its technological portfolio by adopting extrusion and grinding technologies for processed products for human and animal nutrition. With its head office in Galliera Veneta, near Padua, the group employs around 680 people at various production sites in Italy and China.
  • In May 2020, The international technology group ANDRITZ presents its new innovative product line ADuro of recycling mills for primary and secondary crushing, fine granulation as well as for fractionation of composite materials. ADuro shredders offer maximum durability and are ideal for processing almost all raw materials in the recycling industry. They can be easily installed in existing installations, thus minimizing downtime during installation.
  • In July 2019, Bratney Companies and F.H. Schule Mühlenbau announced a strategic partnership agreement. The partnership will include joint distribution, sales and promotional efforts for new and existing milling plants in the United States. This agreement is an opportunity for the two companies to combine their experience, resources and experiences to realize their common philosophy of customer satisfaction.

Feed Processing Market Drivers and Restraints:

The boom in aquaculture has attracted a lot of attention among aquaculture feed manufacturers around the world. For the aquaculture sector to maintain its current growth rate, the supply of nutrients and food inputs may need to grow at a similar rate, while the production of aquatic ingredients remains static and other sectors are downsizing and competing for them food resources. However, the constant growth of aquaculture and the demand for more feed, especially for tilapia and catfish, has sparked the interest of most smallholders in processing their own feed, rather than buying complete fish feed. This, in turn, encourages small farmers to install feed processing machines.

Rising compound feed costs and growing awareness among farmers of the benefits associated with feed processing equipment is driving demand for feed processing machinery in the world. The global demand for feed processing is increasing dramatically due to the growing awareness of food nutrition and health, technological advancements in the equipment industry, personalized services and the increasing demand for food in the world. The poor infrastructure of the crushing and granulating equipment is hampering the growth of the global feed processing market. The other important restraining factor for the growth of the feed processing market is the consolidation of the market.

FEED PROCESSING MARKET  REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

4.4%

Segments Covered

By Type, Mode Of Operation, Livestock, Form, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Longchang Machinery, Andritz AG, Henan, B.K. Allied Industries, HET Feed Machinery, Dinnissen BV, Bühler Holding AG, Bratney Companies, Clextral, Pavan, and Jiangsu Muyang Group Co and Others.

 

Feed Processing Market Segmentation:

Feed Processing Market – By Type:

  • cleaning & sorting

  • grinding
  • mixing
  • conditioning & expanding
  • dosing & batching
  • pelleting
  • extrusion

Feed Processing Market – By Form:

  • granules
  • puree
  • others

Pellets accounted for a significant portion in 2019. The demand for feed pellets for animals is mainly due to the advantages of feed pellets, such as better feed consumption and increased weight of the animals. Due to the increasing demand for nutritious feed, the production of pellets is increasing dramatically, which also stimulates business investment in the feed pellet processing industry. In addition, reducing waste during the consumption process, providing a total mix of nutrients in each pellet, improving storage capacity, lowering transport costs and improving food handling are some of the benefits that have driven the adoption of pallets for animals.

Feed Processing Market – By Livestock:

  • poultry
  • pigs
  • others

The poultry segment accounted for the largest market share in 2019. Poultry meat is one of the highest among others, such as pork, beef and fish. Therefore, a great opportunity lies in the segment of feed for birds. Manufacturers invest heavily in developing innovative feed equipment technologies for the production of various forms of high-quality poultry feed.

Feed Processing Market – By Mode of Operation:

  • manual
  • semi-automatic
  • automatic

Manual recorded the highest portion in 2019. Manual granulating machines are designed and manufactured from locally available materials, which makes the granulating machine quite affordable. Manual operation mode does not require any technical expertise.

Feed Processing Market - By Regions:

  • United States
  • Canada
  • Mexico
  • Rest of North America

Asia-Pacific is expected to have the largest market share of the feed processing market during the forecast period, followed by Europe. China maintains its position as a world leader in animal feed production, with an advance of about 10 million metric tons compared to the United States. Due to the major feed producing countries and a large number of feed manufacturers in the region, Asia-Pacific has maintained a leading position in the global market for feed processing machinery.

China remains the main feed producer and user of feed processing machinery due to economic growth and rapid development. The main driver of the market is the increasing attention of domestic feed processing machinery companies, technological advancements and government subsidies for mechanization due to population growth. The prosperity of this region is the result of its tightly integrated markets. The market is showing strong growth in terms of turnover. Due to its highly diverse industrial market, the United States dominates the economy of the North American region.

Leading Company

Andritz AG. had the largest share of the Feed Processing Market in terms of sales revenue in 2021.

Key Players

Major players in the Feed Processing Market include Longchang Machinery, Andritz AG, Henan, B.K. Allied Industries, HET Feed Machinery, Dinnissen BV, Bühler Holding AG, Bratney Companies, Clextral, Pavan, and Jiangsu Muyang Group Co.

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