Feed Mixer Market Share, Size, Trends, Industry Analysis Report, By Product Type (Vertical, Horizontal); By Portability (Self-Propelled, Pull, Stationary); By Application (Farms, Feed Factory); By Region; Segment Forecast, 2024 – 2032
The global feed mixer market size is expected to reach USD 1,004.32 million by 2032, according to a new study by Polaris Market Research. The report “Feed Mixer Market Share, Size, Trends, Industry Analysis Report, By Product Type (Vertical, Horizontal); By Portability (Self-Propelled, Pull, Stationary); By Application (Farms, Feed Factory); By Region; Segment Forecast, 2024 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The drastic increase in animal population worldwide has created substantial demand for efficient feed mixing machines to provide animals with proper nutrients for their growth and enhance productivity, coupled with the rising demand for nutritional food products, including meat and eggs all over the world, are among the leading factors influencing the demand for feed mixers globally.
Moreover, with the constant expansion of the global feed mill industry, both small and large businesses are looking for innovative ways to develop and manufacture their products with greater efficiency. Thereby, several companies are introducing new feed mixers with capabilities to speed up the velocity in the grinding chamber, help to increase efficiency, and also improve the accuracy during the feed mixing processes, which, in turn, opens up new growth avenues for the market in the near future.
For instance, in March 2023, DeLaval introduced a new range of feed distribution robots as part of their total feeding solution. It is also capable of providing various animals with a different feed mix around 12 times a day.
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In recent years, there has been increasing traction towards the adoption and integration of integrated farming systems in farms and feed factories that allow farmers and factory owners to have full control over their production chain and farm management. Besides this, the continuous increase in the farmer's interest in feed mixers, which includes several advanced technologies that enhance the nutritional content of feed and also help to enhance animal health, has also been positively propelling the market.
Feed Mixer Market Report Highlights
Vertical segment accounted for noteworthy market share in 2023 on account of its advantageous characteristics, including cost-effectiveness and better blend
The self-propelled segment held the majority market share, which is mainly attributable to its ability to offer nutritional benefits and feed a large number of animals simultaneously
The farms segment will grow at the fastest pace, which is majorly driven by the rising livestock population and growing consumption of meat products worldwide
North America dominated the global market with a notable share, owing to increased demand for animal nutrition food products and awareness about animal welfare
Asia Pacific is expected to grow at a significant rate on account of being a vast consumer-based economy and having a huge cattle population
The key market players include Hi-Tech Industries, Supreme International Limited, Tetra Laval International, Vermeer Corporation, Bucher Industries, and Grupo Tatoma
Polaris Market Research has segmented the feed mixer market report based on product type, portability, application, and region:
Feed Mixer, Product Type Outlook (Revenue - USD Million, 2019 - 2032)
Vertical
Horizontal
Feed Mixer, Portability Outlook (Revenue - USD Million, 2019 - 2032)
Self-Propelled
Pull
Stationary
Feed Mixer, Application Outlook (Revenue - USD Million, 2019 - 2032)
Farms
Feed Factory
Feed Mixer, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
Latin America
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa