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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.
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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.
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