Global Feed Processing Equipment Market Trend, Size, Share, Statics 2023 | Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies
As per the Feed Processing Equipment market report by The Business Research Company, The growing demand for feed across the globe to meet the needs of the rising livestock population is expected to drive the feed processing equipment market. The rise in livestock population led to an increase in the requirement for feed which in turn is likely to fuel the demand for feed processing equipment.
The global feed processing equipment market size will grow from $54.93 billion in 2022 to $58.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global feed processing equipment market size is expected to grow to $70.57 billion in 2027 at a CAGR of 4.9%.
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Major competitors in the Feed Processing Equipment market include Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies, Longchang Machinery, HET Feed Machinery, B.K. Allied Industries, SKIOLD, and ZhengChang.
The Feed Processing Equipment market is segmented -
• By Function: Pelleting, Mixing, Grinding, Extrusion
• By Feed Type: Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Other Animal Feed.
• By Application: Poultry, Pig, Ruminant, Aqua, Other Applications. The Asia-Pacific was the largest region in the feed processing equipment market in 2022.
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Feed processing equipment is a machine that produces animal feed by processing the raw material. They are used to produce animal feed.
The main functions of feed processing equipment are pelleting, mixing, grinding, and extrusion. Extrusion refers to the process of forming something by forcing or pushing it out, mainly through a small opening. The feed types are ruminant feed, poultry feed, swine feed, aquaculture feed, and other feed types. The various applications involved are poultry, pig, ruminant, aqua, and other applications.
The Table Of Content For The Feed Processing Equipment Market Include:
1. Executive Summary
2. Feed Processing Equipment Market Characteristics
3. Feed Processing Equipment Market Trends And Strategies
4. Feed Processing Equipment Market - Macro Economic Scenario
5. Feed Processing Equipment Market Size And Growth
26. Africa Feed Processing Equipment Market
27. Feed Processing Equipment Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Feed Processing Equipment Market
29. Feed Processing Equipment Market Future Outlook and Potential Analysis
The "Global Feed Processing Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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