Feed processing equipment is the general name of machinery and equipment that processes various feed raw materials into different kinds and specifications of feed.
During the six years from 20 15 to 20 19, the global market scale of feed processing equipment increased from $3.52 billion to $41900 million. It is estimated that it will reach $5.42 billion by 2025, with a compound annual growth rate of 4.48% during 20 19-2025.
In 20 19, the market share in Asia-Pacific region was the highest (40. 1 1%), followed by Europe and North America, accounting for 27.4 1% and 22. 17% respectively.
At present, the market of feed processing equipment industry is not concentrated. These manufacturers compete in this industry, from large multinational companies to small private companies. In this market, the world's leading enterprises are Shepherd Group, Andritz, Buller, Shanghai Zhengchang International Machinery Co., Ltd. and Anderson. These five companies occupied 24.56% market share in 20 19.
There are four kinds of feed processing equipment: pulverizer, blender, granulator, extruder and other equipment. In 20 19, the income market share of granulators and extruders was the largest, reaching 37. 15%. Feed processing equipment is mainly used for poultry, pigs, ruminants and aquatic products.
It can be predicted that from 2020 to 2025, the global feed processing equipment revenue will maintain a compound annual growth rate of 4.42%, and the growth rate in the Asia-Pacific region will be even higher. Suppliers realize the importance of this field and try to penetrate this market by strengthening their sales network.
The above contents are taken from the market analysis report of feed processing equipment of Hengzhou Zhi Bo Information Consulting.