Global Mixer Wagons Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A mixing wagon is a specialist agricultural machine used for accurately weighing, mixing and distributing total mixed ration (TMR) for ruminant farm animals, in particular cattle and most commonly, dairy cattle.
Market Overview:
The latest research study on the global Mixer Wagons market finds that the global Mixer Wagons market reached a value of USD 825.34 million in 2022. It’s expected that the market will achieve USD 1016.91 million by 2028, exhibiting a CAGR of 3.54% during the forecast period.
Market Drivers Analysis
The scale of the animal husbandry market continues to expand
At present, with the continuous development of the economy, the continuous increase of population size and the improvement of people's disposable income, people's demand for high-nutrition meat, milk and other foods continues to expand, which promotes the continuous increase of the animal husbandry market. For example, according to information released by Statista, by 2022, the global cattle herd will be about 1 billion head, up from about 996 million head in 2021. The growing market for dairy products such as milk, cheese, yogurt, and ice cream is driving the growing cattle farming market size. Mixer Wagons is a kind of mechanical equipment commonly used in animal husbandry such as cattle and animal husbandry, which helps to achieve nutritional matching of feed and scientific feeding. At the same time, it is also helpful to realize the automation and modernization of animal husbandry and reduce the labor cost of animal husbandry. Therefore, as the size of the animal husbandry market continues to expand, the market demand for Mixer Wagons continues to increase. The increasing size of the livestock farming market is the driving force driving the Mixer Wagons industry.
Market Restraints and Challenges
Raw material supply and price fluctuations
The raw materials required for the company's production are mainly steel, motors, weight sensors, gears, bearings, etc. Among them, steel, motors, and weight sensors are one of the main raw materials produced by the company. Mixer Wagons production requires a lot of raw materials. The risk of major raw material supply and price fluctuations will have a significant adverse impact on the company's continued profitability. The industry characteristics of Mixer Wagons production enterprises make them rely on major suppliers for raw material procurement. If there are adverse changes in the cooperation relationship between the company and these major suppliers, or adverse changes in the operating and financial conditions of the major suppliers, it may cause the company to be unable to purchase normal quantities in a timely and sufficient manner. At the same time, fluctuations in the prices of raw materials will also have an impact on the company's production costs. If the price of raw materials rises, it will cause the production cost of Mixer Wagons to rise and reduce the profit margin of the product. The company's production and operation plan will be adjusted. All in all, the price fluctuation of raw materials is one of the risks faced by industry companies.
Region Overview:
In 2021, the share of the Mixer Wagons market in Europe stood at 37.56%.
Company Overview:
SILOKING
SILOKING produces innovative feed mixing technology and sells it in more than 50 countries around the world. SILOKING innovations are based on in-depth research, the expertise of experienced developers and an intensive testing phase on the farm. The product range includes trailed, self-propelled and electric feed mixer vehicles for cattle farms, stationary mixing and matching systems for feed centers and biogas plants, as well as silage removal and distribution equipment.
Trioliet B.V.
Trioliet B.V. develops, manufactures, and sells equipment and systems for feeding cattle at livestock farms. The company offers distribution trailers, self-loading feed mixers, self-propelled feed mixers, automatic feeding systems, recharge tools, stationary mixers, weighing devices, and accessories; and silage cutters, blocks, and distributors. It serves customers through a network of dealers in Europe, North America, South America, Asia, the Middle East, Africa, and Australia. The company was founded in 1950 and is based in Oldenzaal, the Netherlands.
SILOKING is one of the major players operating in the Mixer Wagons market, holding a share of 9.38% in 2022.
Segmentation Overview:
Capacity: Below 10 m3
Distinguish according to the size of the product capacity. Refers to the product capacity is less than or equal to 10 m3.
Capacity: 10-25 m3
This type refers to the product capacity between 10 m3 and 25 m3,
Capacity: above25 m3
This type refers to the product capacity greater than or equal to 25 m3.
By type, Capacity: Below 10 m3 segment accounted for the largest share of market in 2021.
Application Overview:
Cattle
According to the different distinctions of animals. This application refers to the application of the product in the field of feeding cattle feed. Especially cows.
Sheep
According to the different distinctions of animals. This application refers to the application of the product in the field of feeding Sheep feed.
The market's largest segment by application is the segment Cattle, with a market share of 92.64% in 2021.
Key Companies in the global Mixer Wagons market covered in Chapter 3:
SILOKING
Seko Industries
Supreme International
STORTI SpA
Grupo Tatoma
Lucas G
Zago Srl
Trioliet
B.Strautmann & Söhne
RMH Lachish Industries
Faresin Industries
Delaval
Kongskilde Agriculture
Jaylor
NDEco
KUHN
Hirl-Technik
Roto-Mix
SGARIBOLDI
Alltech (KEENAN)
In Chapter 4 and Chapter 14.2, on the basis of types, the Mixer Wagons market from 2018 to 2029 is primarily split into:
Capacity: Below 10 m3
Capacity: 10-25 m3
Capacity: above25 m3
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mixer Wagons market from 2018 to 2029 covers:
Cattle
Sheep
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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