Feed Mixer Market Size Set $ 1,004.32 Million By 2032, CAGR: 3.5%

Feed Mixer Market Size Worth $ 1,004.32 Million By 2032 | CAGR: 3.5%


The global feed mixer market size is expected to reach USD 1,004.32 million by 2032, according to a new study by Polaris Market Research. The report “Feed Mixer Market Share, Size, Trends, Industry Analysis Report, By Product Type (Vertical, Horizontal); By Portability (Self-Propelled, Pull, Stationary); By Application (Farms, Feed Factory); By Region; Segment Forecast, 2024 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The drastic increase in animal population worldwide has created substantial demand for efficient feed mixing machines to provide animals with proper nutrients for their growth and enhance productivity, coupled with the rising demand for nutritional food products, including meat and eggs all over the world, are among the leading factors influencing the demand for feed mixers globally.

Moreover, with the constant expansion of the global feed mill industry, both small and large businesses are looking for innovative ways to develop and manufacture their products with greater efficiency. Thereby, several companies are introducing new feed mixers with capabilities to speed up the velocity in the grinding chamber, help to increase efficiency, and also improve the accuracy during the feed mixing processes, which, in turn, opens up new growth avenues for the market in the near future.

For instance, in March 2023, DeLaval introduced a new range of feed distribution robots as part of their total feeding solution. It is also capable of providing various animals with a different feed mix around 12 times a day.  

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In recent years, there has been increasing traction towards the adoption and integration of integrated farming systems in farms and feed factories that allow farmers and factory owners to have full control over their production chain and farm management. Besides this, the continuous increase in the farmer's interest in feed mixers, which includes several advanced technologies that enhance the nutritional content of feed and also help to enhance animal health, has also been positively propelling the market.  

Feed Mixer Market Report Highlights

  • Vertical segment accounted for noteworthy market share in 2023 on account of its advantageous characteristics, including cost-effectiveness and better blend
  • The self-propelled segment held the majority market share, which is mainly attributable to its ability to offer nutritional benefits and feed a large number of animals simultaneously
  • The farms segment will grow at the fastest pace, which is majorly driven by the rising livestock population and growing consumption of meat products worldwide
  • North America dominated the global market with a notable share, owing to increased demand for animal nutrition food products and awareness about animal welfare
  • Asia Pacific is expected to grow at a significant rate on account of being a vast consumer-based economy and having a huge cattle population
  • The key market players include Hi-Tech Industries, Supreme International Limited, Tetra Laval International, Vermeer Corporation, Bucher Industries, and Grupo Tatoma

Polaris Market Research has segmented the feed mixer market report based on product type, portability, application, and region:

Feed Mixer, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Vertical
  • Horizontal

Feed Mixer, Portability Outlook (Revenue - USD Million, 2019 - 2032)

  • Self-Propelled
  • Pull
  • Stationary

Feed Mixer, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Farms
  • Feed Factory

Feed Mixer, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Feed Mixer Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 759.76 million

Revenue forecast in 2032

USD 1,004.32 million

CAGR

3.5% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Product Type, By Portability. By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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