Global Feed Pellet Machine Market Analysis By Type (flat die feed pellet machine, ring die feed pellet machine), By Capacity (small-scale, medium-scale, large-scale), By End-use industry (Poultry, Livestock, Aquaculture, Others), By Sales channel (online, offline), By Automation level (Manual, Semi-automatic, Fully automatic) & Forecast
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- 244
- CATEGORY
- Machinery & Heavy Industry
The global feed pellet machine market was valued at around USD 125.4 million in 2022 and expected to grow at a CAGR of 4.9% during the forecast period.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 125.4 million |
Market Forecast in 2033 | USD 220.16 million |
CAGR % 2023-2033 | 4.9% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heat map, company Capacity Technology Product capacity, growth factors and more |
Key Companies | CPM Holdings Inc., Buhler AG, Andritz AG, Zhengzhou Amisy Trading Co., Ltd., Muyang Co., Ltd., FAMSUN Co., Ltd., Henan Richi Machinery Co., Ltd., Shandong Double Crane Machinery Manufacture Co., Ltd., Henan Strongwin Machinery Equipment Co., Ltd., Wuhan Dingxin Mechanical & Electric Equipment Co., Ltd., |
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the global feed pellet machine market. On one hand, the pandemic has disrupted supply chains, leading to delays in the production and delivery of feed pellet machines. Many manufacturers have faced challenges in sourcing raw materials, which has impacted their production capacity. Additionally, restrictions on international travel have made it difficult for companies to conduct business and engage with customers and suppliers.
On the other hand, the pandemic has led to a surge in demand for animal feed, particularly in regions where there have been disruptions in the supply chain. This has created new opportunities for feed pellet machine manufacturers, as farmers and feed producers look to invest in new equipment to increase their production capacity and meet the growing demand for animal feed. The trend towards automation and technology in the agriculture and livestock industries has also accelerated due to the pandemic, with more companies looking to invest in equipment that can help them improve efficiency, reduce labor costs, and minimize the risk of disease transmission.
Overall, the COVID-19 pandemic has had a mixed impact on the global feed pellet machine market. While the short-term effects have been challenging, the long-term outlook for the market remains positive, with continued growth expected in the coming years.
Market Dynamics:
Drivers:
- Increasing demand for animal feed: The growing demand for meat and dairy products, particularly in developing countries, is driving the demand for animal feed. This is creating new opportunities for feed pellet machine manufacturers, as farmers and feed producers look to increase their production capacity to meet the growing demand.
- Technological advancements: Advances in feed pellet machine technology are driving the adoption of these machines in the agriculture and livestock industries. Newer machines are more efficient, require less labor, and can produce higher-quality pellets, which is leading to increased demand for these machines.
- Environmental concerns: As concerns over the environmental impact of livestock production grow, there is increasing pressure to adopt more sustainable practices. Feed pellet machines can help reduce waste and improve the efficiency of feed production, making them an attractive option for farmers and feed producers.
- Government support: Many governments around the world are supporting the agriculture and livestock industries through subsidies, grants, and other forms of support. This is helping to drive demand for feed pellet machines as farmers and feed producers look to invest in new equipment to increase their production capacity and efficiency.
- Rising labor costs: As labor costs continue to rise in many parts of the world, there is increasing pressure to adopt more automated and efficient production methods. Feed pellet machines can help reduce labor costs and improve efficiency, making them an attractive option for farmers and feed producers.
Restraints:
- High capital investment: Feed pellet machines can be expensive to purchase, particularly for small-scale farmers and feed producers. This can be a significant barrier to entry for some, limiting the growth of the market in certain regions.
- Maintenance and repair costs: Feed pellet machines require regular maintenance and repair, which can be costly. This can be particularly challenging for small-scale farmers and feed producers who may not have the resources to invest in ongoing maintenance and repairs.
- Dependence on raw materials: The feed pellet machine market is dependent on the availability and price of raw materials such as corn, wheat, and soybean. Any disruptions to the supply chain or increases in raw material costs can impact the profitability of feed pellet production.
Regional Analysis:
North America: The North American market is expected to hold a significant share of the global feed pellet machine market due to the high adoption rate of these machines in the animal feed industry. The region is home to several large livestock farms, which are driving the demand for feed pellets and feed pellet machines.
Europe: The European market is expected to experience steady growth due to the increasing demand for high-quality animal feed. The region has strict regulations regarding animal feed production, which is driving the adoption of feed pellet machines.
Asia Pacific: The Asia Pacific market is expected to experience significant growth due to the increasing demand for meat and dairy products in the region. The adoption of modern animal husbandry practices is driving the demand for feed pellets and feed pellet machines in the region.
Latin America: The Latin American market is expected to experience steady growth due to the increasing demand for animal feed in the region. The region is home to several large livestock farms, which are driving the demand for feed pellet machines.
Middle East and Africa: The Middle East and Africa market is expected to experience moderate growth due to the increasing adoption of modern animal husbandry practices in the region. The adoption of feed pellet machines is expected to increase in the coming years as the region's livestock industry continues to modernize.
Competitive Landscape:
The global feed pellet machine market is highly competitive, with the presence of several established players.
- CPM Holdings Inc.
- Buhler AG
- Andritz AG
- Zhengzhou Amisy Trading Co., Ltd.
- Muyang Co., Ltd.
- FAMSUN Co., Ltd.
- Henan Richi Machinery Co., Ltd.
- Shandong Double Crane Machinery Manufacture Co., Ltd.
- Henan Strongwin Machinery Equipment Co., Ltd.
- Wuhan Dingxin Mechanical & Electric Equipment Co., Ltd.
These companies are focusing on product innovation, expanding their production capacities, and strategic partnerships and collaborations to gain a competitive edge in the market. The players are also investing in research and development activities to introduce new and advanced products to cater to the increasing demand for feed pellet machines globally.
The market is also witnessing the entry of several new players, which is intensifying the competition further. The competitive landscape is expected to remain intense in the coming years due to the increasing demand for animal feed pellets and the rising trend of animal feed automation in the livestock industry.
Why to buy this Report?
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders.
• Business Model
• Production Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
• Company Share Analysis from 2018-2022
• Company Analysis by Revenue and Sales
• Company Production Capacity, Gross Margin
• Company Share Analysis by Application/End Use
• Company Share Analysis by Product/Specification
Market Segmentation:
By Type:
• flat die feed pellet machine
• ring die feed pellet machine.
By Capacity
• small-scale
• medium-scale
• large-scale.
By End-use industry:
• Poultry
• Livestock
• Aquaculture
• Others.
By Sales channel:
• online
• offline.
By Automation level:
• Manual
• Semi-automatic
• Fully automatic.
Regional Scope
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
South America
• Brazil
• Argentina
• Rest of South America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Conclusion
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