Global Feed Pellet Machine Market Size (2024 – 2030)

The global Feed Pellet Machine Market recorded a valuation of USD 137.66 billion in 2023, with estimations pointing to a rise to USD 192.66 billion by 2030. This market demonstrates a robust Compound Annual Growth Rate (CAGR) of 4.92% from 2024 to 2030, primarily propelled by factors such as the escalating costs of fossil fuels and the expanding animal industry.

Overview of the Industry:

A feed pelletizing apparatus represents biomass molding equipment primarily employed in the production of animal feed pellets. Raw materials utilized include bean pulp, corn, grass, rice husk, straw, wheat stalk, alfalfa, among others, which are fed into the machinery's feeder and subsequently pressed by the roller within the matrix. Under high pressure and friction, these materials undergo heating to temperatures around 60 to 80 degrees Celsius. Following increased pressure and temperature, the materials are further processed, being ground and coerced into molds, ultimately forming pellets that boast substantial energy content upon cooling.

Flat die pellet machines are commonly utilized for processing materials with significant adhesive properties, serving both feed and fuel pellet needs within small and medium-scale productions. These machines offer various advantages such as enhanced mobility, reduced noise levels, and lower energy consumption. However, they typically exhibit lower productivity rates compared to ring die pellet machines. Ring die pellet machines, on the other hand, boast higher output capacities for pellet production, yielding denser pellets. Across more than one hundred thirty countries, animal feed production thrives, catering to various animal species reared for purposes ranging from milk production to poultry and protein sources.

Impact of COVID-19 on the Feed Pellet Machine Market

The global economic landscape bore the impact of COVID-19 through three significant avenues: direct implications on production and demand, disruptions within supply chains and market dynamics, and the subsequent financial ramifications on businesses and financial markets. Since its emergence in December 2019, the COVID-19 outbreak has proliferated across nearly one hundred nations worldwide, prompting the World Health Organization to declare it a public health emergency. The global repercussions of the COVID-19 pandemic are beginning to unfold, poised to significantly influence the Feed Pellet Machines market in 2020.

COVID-19 has the potential to affect the global economy through three primary channels: direct impacts on production and demand, the emergence of supply chain disruptions, and its economic repercussions on businesses and financial markets. The outbreak of COVID-19 has resulted in a multitude of effects, including flight cancellations, travel restrictions, quarantines, closures of restaurants and indoor venues, declarations of states of emergency across over forty countries, substantial disruptions in the supply chain, heightened stock market volatility, declining business confidence, increased public panic, and widespread uncertainty about the future.

MARKET DRIVERS:

The Ascending Animal Feed Industry Driving Market Growth

Animal feed production spans across more than one hundred thirty countries, catering to diverse animal species reared worldwide for purposes such as milk, meat, and protein production. Recognized as a pivotal component of animal husbandry, feed plays a critical role in bolstering production yields. The surge in animal meat consumption has amplified the demand for livestock rearing across all regions. In response to the burgeoning global population, escalating urbanization, and rising purchasing power, the animal feed pellet industry has witnessed a surge. Predominantly concentrated in Asia and North America, feed pellet mills contribute significantly to feed manufacturing, with approximately 60% of production achieved through pellet manufacturing—particularly prevalent in Europe. The escalating demand for feed pellet manufacturing machinery is poised to fuel the Feed Pellet Machine market throughout the forecast period.

The Escalating Costs of Fossil Fuels as Market Drivers

Mounting environmental concerns surrounding fossil fuels, coupled with their rising costs, have sparked a surge in demand for eco-friendly fuel alternatives over traditional options. Furthermore, there has been an exponential increase in consumer preference for high-quality feed, rich in essential nutrients for animals, opting for feed pellets over conventional sources.

MARKET RESTRAINTS:

Limitations Stemming from Animal Quality

The animal industry operates within a highly volatile market, often facing challenges related to the quality of animals utilized in feed pellet production. This inherent variability poses constraints on market growth. Additionally, a lack of comprehensive knowledge regarding the products employed within the market further hampers its expansion potential.

Feed Pellet Machine Market - By Type:

• Semi-Automatic:
• Fully-Automatic:

Within this segment, the Semi-Automatic category has emerged as the market leader, experiencing substantial demand compared to Fully-Automatic machines. The preference for Semi-Automatic Machines is largely due to their wide-ranging applications. A flat die pellet machine is commonly employed to process materials with significant adhesive force for each feed and gas pellet, particularly in small and medium-scale production setups. These machines offer various advantages, such as enhanced mobility, minimal noise levels, and reduced energy consumption. However, they generally exhibit lower productivity when compared to ring die pellet machines. Manually operated feed pelleting machines are designed and manufactured to utilize locally available materials, making them a cost-effective choice. Their manual mode of operation eliminates the need for specialized technical skills. Key components of these machines include a hopper, extrusion barrel, screw auger, bearing housing, crankarm, compression plate, flat die, pulley, sprout (gravity chute), knife cutter, and the supporting frame. The performance of these manually operated units is evaluated based on parameters such as pelleting efficiency, mechanical damage percentage, feed loss ratio, and throughput capacity.

Feed Pellet Machine Market - By Application:

• Chicken:
• Goose:
• Duck:
• Others:

Analyzing the market based on applications, the Chicken segment has dominated with an impressive 80% share. Given the widespread use of chicken in feed pellets, products in this market segment are predominantly focused on chicken-based consumption. Following closely, the Goose segment has also shown significant market dominance. It is anticipated that the Chicken segment will continue to maintain its stronghold in the market in the foreseeable future.

Feed Pellet Machine Market - By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East
• Africa

An examination of regional trends categorizes the Global Feed Processing Market into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is forecasted to retain the largest market share in the Feed Processing market, closely followed by Europe. Notably, the Asia-Pacific region is home to several of the top-10 feed-producing countries, including China, India, and Japan. China maintains its position as the global leader in feed production, boasting a lead of approximately 10 million metric tons over the United States.

The Asia Pacific region maintains a prominent role in the global feed processing equipment market, attributed to the presence of key feed production nations and a substantial number of feed producers. China remains a pivotal player as the top feed producer and consumer of feed processing machinery, owing to its expanding economy and rapid growth. The market's primary drivers include the increasing interest of domestic feed processing equipment manufacturers, technological advancements, and government subsidies for mechanization, driven by population growth. North America, comprising the United States, Mexico, and Canada, is a prosperous region characterized by tightly integrated markets. The region demonstrates robust revenue growth, particularly due to its highly diversified industrial market, with the United States dominating the North American economy.

Feed Pellet Machine Market Share by Company:

1. CPM Holdings INC
2. ANDRITZ
3. Muyang
4. Pellet Mill
5. Fusmar Machinery
6. GEMCO
7. Bharat Engineering
8. Fragola Spa
9. AMispy Pellet S.G. Global Solutions
10. Agricon

Muyang Co. Ltd., established in 1969, stands out as an integrated solution provider offering equipment, plants, and services in the realm of feed manufacturing. Specializing in poultry feed pellets, their feed pellet machines range from 1.5 tons to 27 tons per hour, catering to medium and large-scale pellet manufacturers with substantial budgets. The company earned prominence in 1931 and is primarily engaged in the production of pellet mills. With an extensive history in pellet mills, it holds a competitive edge in producing feed pellets for various sectors such as pet food, corn wet milling, wood, and ethanol industries.

The market continues to witness the entry of numerous countries striving to gain a competitive advantage, suggesting significant potential for future growth.

Recent Developments in the Global Feed Pellet Machine Market:

• Acquisition: In April 2020, Thermo Fisher Scientific acquired the NF VALIDATION certificate for its SureTectE.Coli 0157:H7 PCR assay, facilitating the detection of microorganisms across a wide range of feed and meal samples.
• Collaboration: In 2020, Schutte-Buffalo and MÜNCH-Edelstahl GmbH announced a partnership aimed at expanding their product offerings. Globally, the majority of aquafeed and animal feed milling systems, used by leading companies, are manufactured by Buhler Inc. The company adopts various strategies, including maintenance contracts, customized service packages, training opportunities, and maintenance services.