Pellet Machine Market: Growth from $120.2 Million in 2021 to $191.9 Million by 2031

Global Feed Pellet Machine Market: Growth and Trends (2021-2031)

The global feed pellet machine market, valued at $120.2 million in 2021, is projected to reach $191.9 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031. Feed pellet machines, also known as biomass molding devices, are used to produce animal feed pellets from raw materials such as oil cake, corn flour, bean pulp, maize, grass, rice husks, straw, wheat stalks, and alfalfa. These materials are fed into the machine, where rollers and a matrix compress them under high pressure and temperatures (60-80°C), forming strong, durable pellets after cooling. These pellets are widely used for feeding poultry, pigs, aquaculture species, and pets, offering a convenient and high-quality food source.

Download PDF Sample@ https://www.alliedmarketresearch.com/request-sample/A16215

Market Dynamics

The feed pellet machine market is driven by several key factors. The growing animal feed industry, fueled by increasing global demand for high-quality, convenient pet and livestock food, is a primary driver. Rising urbanization has led to higher pet adoption rates, with pet owners seeking processed and packaged foods for their animals. Increasing disposable incomes, particularly in developed regions, have boosted demand for premium pet food, which requires advanced pelletizing machinery. Additionally, the multifunctionality of pet food, such as formulations tailored for health and nutrition, further supports market growth. For example, in February 2020, Nestlé S.A. launched 'Unleashed,' a global innovation program providing $51,922.4 in funding to pet care startups in Europe, North America, and the Middle East, encouraging advancements in pet food production.

Changing consumer lifestyles, particularly in developed nations, and the trend of pet humanization-where pets are treated as family members-are creating new opportunities. Over 40% of pet owners now purchase premium pet food, driving demand for high-quality feed pellet machines to ensure consistent production. The pharmaceutical and food sectors are also expanding, with new product developments in pet food further boosting the need for advanced machinery. Automation in feed pellet machines is expected to create significant growth opportunities by improving efficiency and reducing labor costs.

However, the market faces challenges. The rising preference for organic, unprocessed animal feed over pelletized products is reducing demand for feed pellet machines in some segments. This shift toward natural diets, particularly among health-conscious pet owners, restrains market growth. Additionally, the COVID-19 pandemic significantly impacted the market in 2020, as lockdowns disrupted construction, manufacturing, and supply chains. The feed pellet machine market saw a decline in both production and demand due to halted activities in related industries like agriculture and transportation. However, as industries resumed operations post-2020, supported by vaccine rollouts, the market began recovering. By late 2021, feed pellet machine manufacturers were returning to full-scale operations, and the market is expected to stabilize further.

Global inflation, driven by events like the Ukraine-Russia conflict, has also posed challenges by increasing production and transportation costs. Despite these hurdles, technological advancements, such as automated feed pellet machines, and growing urbanization continue to drive demand. The increasing humanization of pets and the need for premium, nutrient-rich feed are expected to sustain market growth over the forecast period.

Enquire Before Buying@ https://www.alliedmarketresearch.com/purchase-enquiry/A16215

Segmental Overview

The feed pellet machine market is segmented by capacity, type, end user, and region.

By Capacity: The market is divided into small, medium, and large capacity machines. In 2021, large-capacity machines dominated in terms of revenue, as they cater to high-volume production needs in commercial feed manufacturing. However, small-capacity machines are expected to grow at the highest CAGR during the forecast period, driven by demand from small-scale farmers and pet food producers seeking cost-effective solutions.
By Type: The market includes automatic and semi-automatic machines. In 2021, semi-automatic machines led the market due to their affordability and widespread use in small to medium-sized operations. However, automatic machines are projected to grow at the highest CAGR, as automation enhances efficiency and reduces labor costs, appealing to large-scale producers.
By End User: The market is segmented into poultry, piggery, shed, aquaculture, and pets. The shed segment, which includes feed for livestock housed in barns or sheds, held the largest market share in 2021 due to high demand in agricultural regions. The aquaculture segment is expected to register the highest CAGR, driven by the growing global demand for fish and seafood, which requires specialized pelletized feed.
By Region: Europe accounted for the highest revenue in 2021, driven by strong demand for premium pet food and advanced livestock feed in countries like Germany, France, and the UK. However, Asia-Pacific is anticipated to register the highest CAGR during the forecast period, fueled by rapid urbanization, population growth, and increasing pet ownership in countries like China, India, and South Korea. North America and LAMEA (Latin America, Middle East, and Africa) also contribute significantly, with growth driven by rising disposable incomes and agricultural advancements.
Competitive Landscape

Key players in the feed pellet machine market include ABC Machinery, Amisy Pellet Machinery, Bharath Engineerings, Metal Tech Engineers, Nav Indus Food Machines Pvt. Ltd., Namdhari Industrial Works, S.G. Global Solutions, Shandong Double Crane Machinery, Xinxiang Longxing Machinery Equipment Co., Ltd., and Zhengzhou Fusmar Machinery Co., Ltd. These companies focus on product launches and technological advancements to remain competitive. For instance, manufacturers are developing automated machines to meet the growing demand for efficient, high-capacity production.

Full Report With TOC@ https://www.alliedmarketresearch.com/feed-pallet-machine-market-A16215

Key Benefits for Stakeholders

Comprehensive analysis of market segments, trends, and forecasts from 2021 to 2031.
Insights into key drivers, restraints, and opportunities shaping the market.
Porter's Five Forces analysis to assess buyer and supplier dynamics.
Detailed segmentation to identify high-growth opportunities.
Regional revenue mapping to highlight key markets.
Competitive benchmarking of major players and their strategies.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

This release was published on openPR.