With Market Size Valued at $26.1 Billion by 2026, it`s a Healthy Outlook for the Global Feed Processing Machinery Market

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Feed Processing Machinery - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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• Access to our digital archives and MarketGlass Research Platform
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Edition: 9; Released: January 2022
Executive Pool: 424
Companies: 44 - Players covered include ANDRITZ Feed and Biofuel A/S; B.K. Allied Industries; Bratney Companies; CFC Tech Services, Inc.; Dinnissen BV; Elko Nagel Mecan-Systeme GmbH; Famsun; Henan Longchang Machinery Manufacturing Co., Ltd; HET Feed Machinery; Menci & C. S.P.A; Schenck Process Holding GmbH; Shanghai Zhengchang International Mechanical Engineering Co., Ltd.; Statec Binder GmbH; Tapco Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Pelleting, Mixing, Grinding, Extrusion)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Feed Processing Machinery Market to Reach $26.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Feed Processing Machinery estimated at US$21.9 Billion, is projected to reach a revised size of US$26.1 Billion by 2026, growing at a CAGR of 2.9% over the analysis period. Pelleting, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$11.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mixing segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.1 Billion in 2021, While China is Forecast to Reach $5.2 Billion by 2026
The Feed Processing Machinery market in the U.S. is estimated at US$6.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2026 trailing a CAGR of 5.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Grinding Segment to Reach US$5 Billion by the year 2026
In the global Grinding segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.3 Billion will reach a projected size of US$3.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.