The Feed Processing Market size is expected to grow at an annual average of 5% during 2021-2027. The feed processing market was valued in 2017 and is projected to grow at a substantial CAGR from 2021 to 2027. The market size of feed processing includes both the valuation of existing feed processing and incremental revenue year-on-year. The worldwide demand for feed processing is increasing significantly because of the rising awareness regarding feed nutrition and health, technological advancements within the equipment industry, customized services, and a rise within the demand for feed round the world.
Based on type, the testing & analysis segment is projected to grow at the very best CAGR from 2018 to 2023. The necessity to know the composition of feed was driven by the demand for balanced feed and improved additives from the stakeholders within the feed industry. Several advanced rapid analytical methods and technologies are developed to conduct a good range of tests and analyses of animal feed, which include pathogen testing, fat & oil analysis, mycotoxin analysis, nutritional labeling, and pesticide testing. The pellets segment, by different form of feed, accounted for the biggest share of the worldwide feed processing market in 2017. Pelleting is sub segmented into pellet mills, pellet crumblers. Pellet feed is formed from the mash, which is heated and compressed into a pellet, whereas crumbles are mostly made up of whole pellets, which are cracked or rolled into a smaller size.
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The following segmentation are covered in this report:
By Type-
- Cleaning & sorting
- Grinding
- Mixing
- Conditioning & expanding
- Dosing & batching
- Pelleting
- Extrusion
- Cooling & drying
- Testing & analysis
- Others (bagging & warehousing, and bulk storage equipment)
By Form of Feed-
- Pellets
- Mash
- Crumbles
- Others (cubes, cakes, and liquid)
By mode of operation-
- Automatic
- Semi-automatic
- Manual
By Livestock-
- Poultry
- Ruminant
- Swine
- Others (aquatic animals, pets, and equine)
Company Profile
- Andritz AG
- Buhler AG
- Clextral
- Bratney Companies
- Dinnissen BV
- HET Feed Machinery
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)