Global Feed Pellet Machine Market Size (2023 – 2030)

The global Feed Pellet Machine Market size was valued at USD 131.2 billion in 2022 and  is estimated to grow to USD 192.66 billion by 2030. This market is witnessing a healthy CAGR of 4.92% from 2023 - 2030. An increase in the cost of fossil fuels and an increase in the animal industry majorly drive the growth of the industry.

Industry Overview:

A feed palletizing laptop is biomass molding equipment. These machines are usually preferred to make animal feed pellets. The uncooked substances used are bean pulp, corn, grass, rice husk, straw, wheat stalk, alfalfa, etc., which are inserted into the feeder and pressed via the roller in the matrix. The materials are heated to a high temperature (about 60~80 degrees Celsius) owing to excessive pressure and friction in the matrix. With improved stress and temperature, the materials are then ground and forced into molds which then form pellets. The pellets have excessive electricity after cooling.

A flat die pellet computer is broadly speaking used to method substances with the large adhesive force for each feed and gas pellet in small and medium scale production. These machines have numerous blessings such as greater mobility, low noise, and lower strength consumption, however, have exceptionally decreased productivity over ring die pellet machines. Ring die pellet machines have a massive capacity output for pellet production with greater density pellets. In more than one hundred thirty countries, animal feed is made. Various animal species are grown in these countries for a range of uses, such as milk, poultry, protein, etc.

COVID-19 impact on Feed Pellet Machine Market

COVID-19 affected the world economic machine in 3 ways: by the skill of without delay affecting manufacturing and name for, by creating shipping chain and disruption in the market, and with the resource of its financial effect on corporations and monetary markets. Since the COVID-19 virus outbreak in December 2019, the ailment has unfolded in almost a hundred nations around the globe with the World Health Organization declaring it a public health emergency. The global effects of the coronavirus sickness 2019 (COVID-19) are already beginning to be felt, and will substantially affect the Feed Pellet Machines market in 2020.

COVID-19 can affect the international economic system in three important ways: through directly affecting production and demand, using developing provide chain and market disruption, and via its financial impact on companies and financial markets. The outbreak of COVID-19 has brought outcomes in many aspects, like flight cancellations; journey bans, and quarantines; eating places closed; all indoor events restricted; over forty international locations state of emergency declared; massive slowing of the supply chain; stock market volatility; falling enterprise confidence, developing panic amongst the population, and uncertainty about future.

MARKET DRIVERS:

The growing Animal feed industry is driving the growth of the market

Animal feed is produced in more than one hundred thirty countries. Different animal species are being reared across these nations for a range of purposes such as milk, meat, protein, etc. Feed is regarded to be the main thing of animal rearing as it provides a massive price to the production. Increasing consumption of animal meat has expanded the demand to raise livestock throughout all regions. The animal feed pellet industry has accelerated in response to the growing global population, growing urbanization, and increasing purchasing power. Feed pellet mills are predominantly positioned in Asia and North America. About 60% of feed manufacturing is thru pellet manufacturing and it is extra universal in Europe. The feed manufacturing will demand the greater feed pellet manufacturing machinery thereby attributing the demand for the feed pellet computing device market over the forecast timeline.

The increasing cost of fossil fuels is also driving the growth of the market

Growing environmental problems related to fossil fuels and their increasing costs have created a demand for inexperienced gas over traditional fuel. Moreover, demand for excessive fine feed containing an adequate quantity of nutrients for animals has grown exponentially as shoppers prefer feed pellets for their animals over herbal sources.

MARKET RESTRAINTS:

The lack of quality of the animals is restraining the growth of the market

The animal industry is a very fluctuating market, there are high chances that the animal used in the feed pellet is not of good quality which restricts the growth of the market. Also, there is a high lack of knowledge about the products which are used in the market which is also restraining the growth of the market.

Feed Pellet Machine Market Report Coverage:

This research report on the global Feed Pellet Machine Market has been segmented and sub-segmented based on type, application, and region.

Feed Pellet Machine Market - By Type:

• Semi-Automatic

• Fully -Automatic

The semi-Automatic segment dominated the market in the segment. Fully automatic machines are not used that much in the market. Semi-automatic Machines are therefore in large demand.  Feed pellet machines A flat die pellet computer is broadly speaking used to method substances with the large adhesive force for each feed and gas pellet in small and medium scale production. These machines have numerous blessings such as greater mobility, low noise, and lower strength consumption, however, have exceptionally decreased productivity over ring die pellet machines. The manually operated feed pelleting machines are designed and fabricated for the usage of domestically reachable substances and this makes the pelleting computing device to be quite affordable. The guide mode of operation does not require any particular technical expertise. The most important aspects of the computing device consist of a hopper, extrusion barrel, screw auger, bearing housing, crankarm, compression plate, flat die, pulley, sprout (gravity chute) knife cutter, and the helping frame. The performance of the manually operated desktop is determined from the parameters such as pelleting efficiency, share mechanical damage, proportion feed loss, and throughput capacity.

Feed Pellet Machine Market - By Application:

• Chicken

• Goose

• Duck

• Others

Based on the application, the chicken market dominated the market with a high amount of 80 %. Chicken is the most animal in the feed pellet so there are high chances of the products which are to be consumed by anyone in the market may be from chicken part. After that Goose, section dominated the market and there are high chances that the chicken segment will continue to dominate the market in the upcoming times.

Feed Pellet Machine Market - By Region:

• North America

• Europe

• Asia-Pacific

• Latin America

• The Middle East

• Africa

Based on regional analysis, the Global Feed Processing Market is categorized into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is predicted to preserve the largest market share of the Feed Processing market over the forecast duration accompanied by using Europe. The Asia-Pacific vicinity is domestic to numerous of the top-10 feed-producing countries, which include China, India, and Japan. China keeps its hold as the world leader in feed production, with a lead of about 10 million metric lots over the United States.

Owing to the feed production main international locations and a massive wide variety of feed producers in the region, Asia Pacific maintained a main function in the global feed processing equipment market. China remains the pinnacle feed producer and consumer of feed processing machinery owing to a make bigger financial increase and rapid development. The important driver for the market is developing the interest of domestic feed processing equipment companies, technological advancements, and government subsidies for mechanization as a result of the growing population. North America involves three international locations – the USA, Mexico, and Canada. The prosperity of this area is a consequence of its tightly integrated markets. The market suggests a sturdy increase in terms of its revenue. Due to its exceptionally varied industrial market, the United States is dominating the North American region’s economy.

Feed Pellet Machine Market Share by company:

• CPM holdings INC
• ANDRITZ
• Muyang
• Pellet Mill
• Fusmar Machinery
• GEMCO
• Bharat Engineering
• Fragola Spa
• AMispy Pellet S.G. Global Solutions
• Agricon

Muyang Co. Ltd. was founded in 1969 and is an integrated solution provider of equipment, plant, and services in the field of feed manufacturing. The company specializes in poultry feed pellets and its feed pellet machines range from 1.5 tons to 27 tons per hour. This feed capacity production is good for medium and large-scale pellet manufacturers who have a considerable budget above small feed manufacturers.

The gained prominence in 1931 and is involved in the manufacturing of pellet mills. In terms of producing feed pellets, the company has a competitive advantage over rivals thanks to its extensive history with pellet mills. It offers feed pellets for pet food, corn wet milling, wood, and ethanol industries.

There are still many countries that are stepping forward in the market to gain a competitive edge in the market. There are high chances that the market will boom in the upcoming time.

 NOTABLE HAPPENINGS IN THE GLOBAL FEED PELLET MACHINE MARKET IN THE RECENT PAST:

• Acquisition - In April 2020, Thermo Fisher Scientific acquired the NF VALIDATION certificate for its SureTectE.Coli 0157:H7 PCR assay, which can stumble on microorganisms in a large variety of feed and meal samples.

• Collaboration - In 2020, Schutte-Buffalo and MÜNCH-Edelstahl GmbH introduced the partnership, which aided the enlargement of their product offerings. Globally, most of the people of the aquafeed and animal feed milling structures used by the leading agencies are produced using Buhler Inc. The agency adopts strategies, which include maintenance contracts, customized carrier packs, schooling possibilities, and maintenance.