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Global Feed Mixers Market to Grow at a CAGR of 3.7% During 2021-2026, Aided by the Increasing Demand for Animal Meat

According to a new report by EMR titled, ‘Global Feed Mixers Market Report and Forecast 2021-2026’, the market is expected to witness a moderate growth in the forecast period, expanding at a CAGR of 3.7% between 2021 and 2026.

The market is being driven by the growing demand for good-quality feed for animal nutrition. There has been an increased focus to improve output capacity of feed machines. Moreover, the demand for feed machines in factories and farms is rapidly increasing, owing to the palatable and fluffy ration demand. Furthermore, the quality of feed has witnessed a major improvement because of the modern methods of intensive food production. Additionally, the manufacturers are turning their attention towards increasing their production capacity of total mixed ration (TMR) mixers. These mixers possess the ability to mix different varieties of feedstuffs. Therefore, factors like these are expected to drive the feed mixers industry growth. Moreover, due to the increasing demand for animal food, the companies like The Archer-Daniels-Midland Co (NYSE: ADM) and others are focusing on enhancing their food processing capabilities with a special focus on animal nutrition, which, in turn, is expected to enhance the market growth.

The increasing investments by the key industry players to improve their operational efficiency and enhance their existing range are expected to aid the market growth. For instance, in October 2018, The KUHN Group developed its Profile range of trailed mixer wagons with tilting distribution conveyor belt as well as telescoping. In another case, in September 2018, Trioliet BV announced to launch ‘Solomix 3’, which is a new version of mixer feeders to be put to use on large European livestock farms. Hence, important developments like these are expected to propel the growth of the market in the forecast period.

Market Analysis by Type, Portability, Capacity, Application, and Region:

  • The market on the basis of type can be bifurcated into vertical and horizontal. 
  • Based on portability, the industry can be divided into self-propelled, pull, and stationary. 
  • By capacity, the market is segmented into less than 10 m3, 10 m3 to 20 m3, 20 m3 to 30 m3, and above 30 m3.
  • The industry is divided based on application into farm, feed factory, and others.
  • The regional markets for feed mixers include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

Key Findings of the Report:

  • The rising demand for high-quality feed for animal nutrition is a key factor driving the market.
  • The growing demand for horizontal mixers is expected to propel the market growth.
  • The increasing demand for animal meat is expected to positively impact the industry.
  • North America is expected to provide immense growth opportunities to the industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for feed mixers  for the periods (2016-2020) and (2021-2026). 
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, portability, capacity, applications, and regions of feed mixers. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global feed mixers market are The KUHN Group, Supreme International Limited, Tatoma Group, Trioliet BV, NDEco, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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