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At what pace is the feed processing equipment market growing, and what is its estimated value?
The feed processing equipment market size has grown strongly in recent years. It will grow from $54.5 billion in 2024 to $57.23 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increasing demand for animal products, environmental regulations, globalization of the feed industry, emerging markets.
The feed processing equipment market size is expected to see steady growth in the next few years. It will grow to $68 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to population growth and urbanization, health and nutrition awareness, environmental sustainability, government regulations. Major trends in the forecast period include technological advancements, precision feeding, flexibility and adaptability, collaboration and partnerships, increasing demand for alternative proteins, customization and data analytics.
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What are the top drivers to the rising demand in the feed processing equipment market?
The growing demand for feed across the globe to meet the needs of the rising livestock population is expected to drive the feed processing equipment market. The rise in livestock population led to an increase in the requirement for feed which in turn is likely to fuel the demand for feed processing equipment. For instance, in May 2023, according to the United States Department of Agriculture, a US-based government agency, the forecast for U.S. feed grain production in 2023–24 is projected at 402 million metric tons, up from 358 million metric tons in 2022–23.
How is the feed processing equipment market segmented?
The feed processing equipment market covered in this report is segmented –
1) By Function: Pelleting, Mixing, Grinding, Extrusion
2) By Feed Type: Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Other Animal Feed
3) By Application: Poultry, Pig, Ruminant, Aqua, Other Applications
Subsegments:
1) By Pelleting: Pellet Mills, Pellet Cooling And Drying Equipment, Pellet Crumblers
2) By Mixing: Horizontal Mixers, Vertical Mixers, Paddle Mixers, Ribbon Mixers
3) By Grinding: Hammer Mills, Roller Mills, Fine Grinders
4) By Extrusion: Single-Screw Extruders, Twin-Screw Extruders, Extruder Cutters
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Who are the top competitors in the feed processing equipment market?
Major companies operating in the feed processing equipment market include Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies, Longchang Machinery, HET Feed Machinery, B.K. Allied Industries, SKIOLD, ZhengChang, Menci, Muyang, Elko Nagel Mecan-Systeme, Tapco, GEA Group AG, Marel hf., Krones AG, Bucher Industries AG, SPX Flow Inc., Wenger Manufacturing Inc., Amandus Kahl GmbH & Co. KG, CPM Holdings Inc., Famsun Co. Ltd., Zhengchang Group, Dinnissen BV, Bratney Companies, Ottevanger Milling Engineers, Van Aarsen International BV, Triott Group BV, Wynveen International BV, Buschhoff GmbH & Co. KG, Stolz SA, B&P Littleford LLC, Hosokawa Micron Group
What significant trends should we anticipate in the feed processing equipment market over the forecast period?
Plant manufacturers are launching revolutionary technology intending to improve the operation, increase efficiency, and set up other equipment to offer an advantage over other machines. For instance, in March 2023, Betagro PCL, a Thailand-based animal food manufacturing company, launched Betagro Feed Mill. It incorporates IoT technology and automation to optimize feed production. With a production capacity of over 600,000 tons annually, it increases Betagro’s total feed production capacity by 18%, serving the swine, laying hen, and broiler markets. The mill boasts advanced technology, logistics systems for efficient delivery, and a commitment to ESG principles, including clean energy use.
Which regional trends are influencing the feed processing equipment market, and which area dominates the industry?
Asia-Pacific was the largest region in the feed processing equipment market in 2023. North America was the second largest region in the feed processing equipment market. The regions covered in the feed processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Feed Processing Equipment Market Report 2025 Offer?
The feed processing equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Feed processing equipment is machinery designed to transform raw materials into animal feed. These machines efficiently produce high-quality feed for livestock. Their main purpose is to convert raw ingredients into finished feed products for animal consumption.
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