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The global feed mixer market size is expected to rise from USD 720.8 million in 2022 to USD 927.5 million by 2029. Technological advancements in the feeding machine sector have prompted advancements across advanced and emerging economies. Leading manufacturers are emphasizing silage technology and unloading technology to help Dairy farmers streamline production. According to the latest research report by Fortune Business Insights™ titled, “Feed Mixer Market Size, Share & COVID-19 Impact Analysis, By Product Type (Vertical and Horizontal), By Portability (Self-Propelled, Pull, and Stationary), By Capacity (<10 M3, 10 M3-20 M3, and >20 M3), By Application (Farms and Feed Factory), and Regional Forecast, 2022-2029,” the market stood at USD 698.8 million in 2021. It is anticipated to observe 3.7% CAGR during the forecast period.
COVID-19 Pandemic Triggers Demand for Nutritious Feedstuffs
The prevalence of the COVID-19 outbreak had a mixed impact on the global outlook with emerging economies witnessing a dip in demand for animal feed. A temporary shutdown or postponement of manufacturing operations did not bode well for major companies gearing to bolster their portfolios. Meanwhile, robust government policies and a gradual rise in investments could prompt innovations globally. Notably, the European Feed Manufacturers Federation (FEFAC) and the Dutch Feed Industry have upped efforts to streamline the supply of nutritious feed products.
Trioliet Installs Stationary Feed Mixer in Oman to Expand Footprint
With leading companies gearing to expand their portfolios amidst the pandemic, the feed mixer market share is poised to witness an appreciable gain. Prominently, Trioliet B.V. has upped efforts in its feeding machine portfolio, such as self-loading, diet feeders to streamline operation. For instance, in June 2021, Trioliet installed a stationary feed mixer to feed 6,600 cows in Oman. In December 2019, Vermeer Corporation acquired Schuler Manufacturing to boost the penetration of feeding and processing equipment. Major players are likely to adopt bullish strategies to tap markets across yet-to-be-penetrated areas.
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Buoyant Demand for High-quality Feed to Expedite Industry Growth
Stakeholders expect end-users to exhibit stellar demand for high-quality feed, encouraging companies to invest in advanced feeding mixers. Bullish demand for fluffy and palatable rations and investments in modern intensive food production methods will propel the feed mixer market growth during the forecast period. It Prominent manufacturers have upped investments in total mixed ration (TMR) mixers to help mix various feedstuffs. With the rising demand to augment the output capacity of feeding mixers, manufacturers are expected to boost their portfolios. However, small-scale farmers could grapple with the high maintenance costs.
Industry Players Focus on Innovations to Bolster Product Offering
Major players are well poised to invest in technological advancements, mergers & acquisitions, product launches, and innovations. Furthermore, prominent companies could expand their geographical footprint through investment in R&D activities.
Key Industry Development
List of the Companies Profiled in the Report
Further Report Findings
Table of Segmentation
2018 – 2029
2022 – 2029
2018 – 2020
Value (USD million)
By Product Type, Portability, Capacity, Application, and Region
By Product Type