Feed Pellet Machine Market By Capacity (Small, Medium, Large), By Type (Semi-Automatic, Automatic), By End User (Poultry, Piggery, Shed, Aquaculture, Pets): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global feed pellet machine market was valued at $120.2 million in 2021, and is projected to reach $191.87 million by 2031, registering a CAGR of 4.7% from 2022 to 2031. A feed pellet machine, commonly referred to as a pellet mill, is a kind of mill or machine press used to make pellets out of powdered material. Instead of chopping up big materials into smaller pieces like grinding mills do, pellet mills combine small materials into a larger, homogenous mass.
In addition, the need for feed among farm animals is anticipated to rise along with demand for and consumption of products derived from livestock, such as meat, dairy and dairy-based products, and eggs. According to data from the Food and Agriculture Organization, by 2025, world meat output will increase by 16%. Due to its strong demand, cheap production costs and lower product pricing in both developed and developing nations, poultry meat is the main driver for increased worldwide meat production.
Growth in demand for organic food for animal feed over processed food is reducing the demand for feed pellet machine. Such cases will reduce the demand for processed foods, reduce the demand for feed pellet machines, and reshape growth of the feed pellet market.
Potential technological advances in feed pellet machine and increase in urbanization propels demand for the market. A quality machine is required to combine and store ingredients for better results. Moreover, automation in feed pellet machine is expected to create many opportunities for the feed pellet machine market growth.
The global feed pellet machine market is segmented on the basis of capacity, type, application, and region. By capacity, the market is divided into small, medium, large. By type, it is divided into automatic and semi-automatic. By application, it is divided into poultry, piggery, shed, aquaculture, and pet. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the feed pellet machine market analysis from 2021 to 2031 to identify the prevailing feed pellet machine market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the feed pellet machine market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global feed pellet machine market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Capacity
Small
Medium
Large
By Type
Semi-Automatic
Automatic
By End User
Poultry
Piggery
Shed
Aquaculture
Pets
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Namdheri Industrial Works
ZHENGZHOU FUSMAR MACHINERY CO., LTD
Bharat engineering
ABC Machinery
Xinxiang Longxing Machinery Equipment Co., Ltd
Shandong Double Crane Machinery
Amisy pellet
S. G. Global Solutions
Nav Indus Food Machines
Metal Tech Engineers
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