Feed processing refers to the process of producing animal feed from raw agricultural products. Fodder produced by manufacturing is formulated to meet specific animal nutrition requirements for different species of animals at different life stages. It usually means altering the physical (and sometimes chemical) nature of feed commodities to optimise utilisation by animals and to enhance mixing and stability of the diet. The major components of any diet, roughage and grain, are the feeds most likely to be processed. However, in some cases, the minor components of the diet (additives) are processed into pellets to help mixing and to maintain the stability of the diet.
The market is driven by factors such as an increase in the demand for feed around the world and in the rising awareness of feed nutrition and health. However, market consolidation is the major restricting factor for the feed processing industry as leading feed processing manufacturers are adopting inorganic growth strategies, which is the major reason for market consolidation.
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Unlike many other markets the Feed processing market in ROW (Rest of the World) is fastest-growing during the forecast period.
The RoW region accounted for a relatively small share of the global feed processing market. The major countries with growth potential in this market include the Middle East and Africa. The countries studied in the RoW region are developing economies; the growing per capita income of these countries, along with the rapid urbanization contribute to the growing pet adoption in this region, which would subsequently drive the demand for feed processing technologies.
The global feed processing market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW).
Scope of the Report
On the basis of Type, the feed processing market has been segmented as follows:
• Cleaning & sorting
• Conditioning & expanding
• Dosing & batching
• Cooling & drying
• Testing & analysis
• Others (bagging & warehousing, and bulk storage equipment)
On the basis of Form of feed, the feed processing market has been segmented as follows:
• Others (cubes, cakes, and liquid)
On the basis of Mode of Operation, the feed processing market has been segmented as follows:
On the basis of Livestock, the feed processing market has been segmented as follows:
• Others (aquatic animals, pets, and equine)
On the basis of Region, the feed processing market has been segmented as follows:
• North America
• Asia Pacific
• South America
• RoW (Middle East and Africa)
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