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. A 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 Forecasts, 2020-2027,” states that the market value was USD 661.1 million in 2019 and is likely to exhibit a CAGR of 3.4% to reach USD 856.9 million by the end of 2027.
Most of the businesses worldwide are facing significant challenges on account of the lockdown extended for an unknown period, further attributed to the current COVID-19 pandemic. This viral epidemic has not only cost the loss of many lives but has also hampered significant businesses. Some of them can manage meager revenues by adopting the “contactless” options. However, we hope to overcome this problem by abiding by the emergency rules imposed by various governments to cope with this situation.
Fortune Business Insights is offering special reports on various markets impacted by the corona virus pandemic. These reports discuss the impact of COVID-19 on the specific market, current operability and functionality, and prospects which will help investors make strategic decisions accordingly.
The Report Answers the Following Queries:
- What is the nature of the market?
- Who are the significant players of the market, and what are their growth strategies?
- How will unloading technology spur growth in the market?
- What are the current trends prevalent in this market?
Some of the Key Players of this Market include:
- Trioliet B.V. (The Netherlands)
- SILOKING Mayer Maschinenbau GmbH (Germany)
- Supreme International Limited (Canada)
- Seko Industries Srl (Italy)
- DeLaval (Tetra Laval International S.A.) (Sweden)
- NDEco (Hi-Tec Group company) (Canada)
- Groupe Anderson (Canada)
- Schuler Manufacturing (Sandhills Global, Inc.) (U.S.)
- KUHN NORTH AMERICA, INC. (U.S.)
- Lachish Industries Ltd. (Israel)
- Grupo Tatoma (Spain)
- Faresin Industries Spa (Italy)
- Other players
Segment:
Self-propelled Segment Emerged Dominant Attributed to Faster Mixing Time
Based on segmentation by portability, the self-propelled segment gained the largest feed mixer market share on account of the better nutritional and economic benefits it offers as compared to its counterparts. Additionally, it is time-efficient and mixes feed faster than the pull or stationary equipment. However, the stationary segment earned 31.3% share in 2019 and is likely to gain significant growth in the forecast period.
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:
- Introduction
- Executive Summary
- Market Dynamics
- Key Feed Mixer Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Feed Mixer Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
- Conclusion
Major Industry Developments of the Market include:
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.
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