The global feed mixer market size is expected to showcase notable growth in the coming years on account of the rising number of animal livestock and dairy farming. This increases the need for nutritious feed for the animals, therefore augmenting this market. The global feed mixer market size stood at USD 661.1 million in 2019 and is expected to reach USD 856.9 million by 2027, exhibiting a CAGR of 3.4% during the forecast period.
The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Feed Mixer Market trends. The report is available for sale on the company website.
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However, COVID-19 pandemic has moderately affected the market. It has challenged the transportation of mixers and feeding goods across the globe. The worldwide consumption of feedstuffs has significantly declined. Countries including Vietnam, the Philippines, Malaysia, etc. have estimated nearly 5% downfall in demand for animal feed, thereby affecting this global market. The downfall in demand has indirectly affected the manufacturing of these machines, as the manufacturing plants have been locked down, owing to the impact of COVID-19 pandemic. The supply of container (wagons) to attach with this mixer has also been affected in countries including India and China where the partial lockdown in manufacturing and supply industries was imposed in the first quarter of the year 2020. Moreover, several economies in Southeast Asia are observing stringent lockdown protocols that leave supply chain, distribution and production of these machines in severe shatter. Hence, major manufacturers are left with reduced workforce that directly hampered the market. However, to avoid the unavailability of nutritious livestock, several countries have opened the international borders to freely transport feed mixers and feed products across countries.
“Players Focusing on Introducing Modern TMR Mixers for Earning Dominance in Market”
Most of the players of the global market for feed mixers are engaging in the adoption of TMR mixer technology to gain a significant position in the market competition. The other players are participating in offering quality feed and the use of specialized livestock feeding machines for better revenue generation so they can maintain their position and give fierce competition to the other players.
Major Industry Developments of the Market include:
October 2018 – KUHN North America, INC. ungraded the profile trailed mixer wagons product range with telescoping and tilting distribution conveyor belt.
September 2018 – A new edition of mixer feeders called the Solomix 3 was introduced by the company Trioliet B.V. The Solomix 3 is an upgraded version of the Trioliet 3-auger mixer feeders and was launched to serve cattle farms all over the European region.
Some of the Key Players of this Market include:
- Trioliet B.V.
- SILOKING Mayer Maschinenbau GmbH
- Supreme International Limited
- Seko Industries Srl
- DeLaval (Tetra Laval International S.A.)
- NDEco (Hi-Tec Group company)
- Groupe Anderson
- Schuler Manufacturing (Sandhills Global, Inc.)
- KUHN NORTH AMERICA, INC.
- Lachish Industries Ltd.
- Grupo Tatoma
- Faresin Industries Spa and many others.
Regional Analysis for Feed Mixer Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Feed Mixer Market:
- Executive Summary
- Market Dynamics
- Key Feed Mixer Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2027
- North America Market Analysis, Insights and Forecast, 2015-2027
- Europe Market Analysis, Insights and Forecast, 2015-2027
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2027
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2027
- Latin America Market Analysis, Insights and Forecast, 2015-2027
- Competitive Landscape
- Global Feed Mixer Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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