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Press Release
Feed Mixer Market is expected to grow CAGR of 3.8% by 2030
Fortune Business Insights recently released “The Feed Mixer Market Report 2024,” offering in-depth market analysis and critical insights to help clients gain a competitive edge. This comprehensive study delivers key findings for strategic advantage.
Feed Mixer Market Share, Size & COVID-19 Impact Analysis, By Product Type (Vertical and Horizontal), By Portability (Self-propelled, Pull, and Stationary), By Capacity (<10^3 m, 10-20^3 and>20^3 M), and Application (Farms and Feed Factory), Regional Forecast, 2023-203010^3>
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The market’s competitive landscape for feed mixer market is evaluated by analyzing key industry players, their production capacities and utilization rates, feed mixer marketM’s production chain, manufacturer pricing, and the revenue each manufacturer generates globally in the feed mixer marketM sector.
Major companies of feed mixer market:
- Alltech (Kennan) (U.S.)
- Bucher Industries AG (Kuhn Group) (Switzerland)
- BVL Maschinenfabrik GmbH & Co. KG (Germany)
- Faresin Industries S.p.A. (Italy)
- Groupe Anderson (Canada)
- Grupo Tatoma (Spain)
- Hi-Tech Industries Inc (Canada)
- Kruger GmbH & Co. KG (Peeters Group) (Germany)
- Lachish Industries Ltd (Israel)
- Lucas G (France)
- Siloking Mayer Maschinenbau GmbH (Germany)
- Seko Industries S.r.l. (Italy)
- Sgariboldi S.r.l. (Italy)
- Supreme International Limited (Canada)
- Tetra Laval International S.A. (Switzerland)
- Trioliet B.V. (Netherlands)
- Vermeer Corporation (U.S.)
Market atributes:
Report Componant | Aspects |
Forecast Period | 2022-2030 |
Projected Market Value for 2022: | USD 0.72 billion |
Forecasted Market Value for 2030: | USD 0.96 billion |
Compound Annual Growth Rate (CAGR): | 3.8 |
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Key Drivers and restraints:
- Driver: Increasing Livestock ProductionThe growing demand for livestock products drives the need for efficient feed mixing solutions to ensure balanced and high-quality feed for various animal species.
- Driver: Advancements in Feed Mixer TechnologyTechnological innovations in feed mixers, such as improved mixing efficiency, automation, and precision, enhance productivity and the quality of animal feed, contributing to market growth.
- Driver: Rising Focus on Animal NutritionThe increasing emphasis on optimal animal nutrition for better health and productivity drives the demand for advanced feed mixers that ensure uniform and accurate feed formulations.
- Restraint: High Initial InvestmentThe substantial capital required for purchasing and installing advanced feed mixers can be a barrier for smaller farms or businesses with limited budgets.
- Restraint: Maintenance and Operational CostsOngoing maintenance and operational expenses associated with feed mixers can impact overall profitability, requiring regular upkeep and specialized knowledge to ensure optimal performance.
Regional atributes:
- North America (By Product Type, By Portability, By Capacity, By Application, By Country)
- U.S. (By Portability)
- Canada (By Portability)
- Europe (By Product Type, By Portability, By Capacity, By Application, By Country)
- Germany (By Portability)
- U.K. (By Portability)
- France (By Portability)
- Spain (By Portability)
- Italy (By Portability)
- Netherlands (By Portability)
- Rest of Europe
- Asia Pacific (By Product Type, By Portability, By Capacity, By Application, By Country)
- China (By Portability)
- India (By Portability)
- Japan (By Portability)
- Southeast Asia (By Portability)
- Rest of Asia Pacific
- Middle East & Africa (By Product Type, By Portability, By Capacity, By Application, By Country)
- South Africa (By Portability)
- GCC (By Portability)
- Rest of Middle East & Africa
- Latin America (By Product Type, By Portability, By Capacity, By Application, By Country)
- Brazil (By End User)
- Mexico (By End User)
- Rest of Latin America
Industry developments:
- December 2022: Vermeer Corporation announced to begin its new operation in Des Moines, Lowa. That will enable using existing facilities to develop in-house critical parts from February 2023.
- September 2022: Strautmann presented its new generation self-propelled fodder mixing series Primus. The company has re-design the whole machine with enhanced capacity and specially developed SFC (Strautmann feed control) Machine control.
- July 2022: Kuhn Group unveiled its new feeding solution that is fully automated. The autonomous self-propelled mixer is an automated distribution solution rationed to provide quality mixed feed to dairy and fattening solution.
- April 2022: KEENAN Systems, a subsidiary of Kruger group, improvised their mixing paddles in the Microfiber+ series to facelift that gives users more friendly features and extra fiber retention from mix.
- September 2020: Trioliet B.V. supplied two stationary feed mixers to Marmum Dairy Farm (Located near Dubai, UAE). The Marmum Dairy Farm has nearly 4,200 Holstein cows that produce approximately 52,5 million liters of milk/year.
Table of Content :
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Industry Developments – Merger, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
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