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
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)
Feed Mixer, Portability Outlook (Revenue - USD Million, 2019 - 2032)
Feed Mixer, Application Outlook (Revenue - USD Million, 2019 - 2032)
Feed Mixer, Regional Outlook (Revenue - USD Million, 2019 - 2032)
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. |
For Specific Research Requirements |