Animal Feed Equipment Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Animal Feed Equipment Market: By Type (Cleaning & Sorting, Grinding, Mixing, Ventilation, Heating , Drinking Systems, Dosing & Batching, Extrusion, Cooling & Drying, Others), By Form of Feed (Pellets, Mash, Crumbles, Others), By Basis of Operation (Automatic, Manual), By Basis of Livestock (Poultry, Ruminant, Swine, Others) and Geography

 

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Report

Description

Animal Feed Equipment Market Size is valued at USD x billion in 2021 and is expected to grow at a significant CAGR of x% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by Type, Form Of Feed, Power, Operation, and Livestock. By type, the market has been segmented into Cleaning & Sorting, Grinding, Mixing, Ventilation, Heating, Drinking Systems, Dosing & Batching, Extrusion, Cooling & Drying, and Others. The cleaning & sorting segment is likely to be the largest and fastest-growing segment in terms of type. By form of feed, animal feed equipment market is segmented into Pellets, Mash, Crumbles, and Others.  Among these, the pellets segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on operation, the market is segmented as Automatic, Manual. The manual segment accounts for the largest share in 2021. Electric is the second-largest share during the forecast period 2021-2028. Based on the Livestock, the market has been segregated into Poultry, Ruminant, Swine, and Others. The Poultry segment is expected to dominate other segments in the animal feed equipment market. The ruminant segment is expected to witness the highest CAGR during the forecast period according to precision business insights.

Key Development:

In January 2020, Vermeer acquired Schuler Manufacturing to extend its feed production capacity

Animal Feed Equipment Market

MARKET SUMMARY
-
x%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Animal Feed Equipment Market

  • The animal feed equipment market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The animal feed equipment market report gives historical, current, and future market sizes (US$ Mn) based on by type, by form of feed, by basis of livestock, by basis of operation and geography.
Key Players
  • Andritz (Austria)
  • Buhler (Switzerland)
  • Pavan (Italy)
  • Clextral (France)
  • Muyang (China)
Animal Feed Equipment Market Drivers

The increasing global food demand along with the growing global population is one of the major factors driving the growth of the global animal feed market in the forecast period. Moreover, rise in adoption of animal feed products by the market players, technological advancements in the feed production process, and increase in demand for quality livestock products are anticipated to boost the market revenue in the future.


Asia-Pacific Got Significant Share

Animal Feed Equipment Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. The region reportedly has the largest livestock in the world. China and India particularly contribute to large livestock as compared to other countries.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The animal feed equipment market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The animal feed equipment market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The animal feed equipment market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The animal feed equipment market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The animal feed equipment market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Animal Feed Equipment Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The animal feed equipment market is projected to expand at a CAGR of x% during the forecast period.

The major players in the global animal feed equipment market are Andritz (Austria), Buhler (Switzerland), Pavan (Italy), Clextral (France), Muyang (China), Bratney (US), Dinnissen (Netherlands), VDL Agrotech bv (Netherland), Henan Longchang Machinery (China), BK Allied (India), Het Feed Machinery (China)

Asia Pacific is the fastest-growing region for animal feed equipment market


Report

Table Of Content

1. Executive Summary
2. Global Animal Feed Equipment Market Introduction
2.1. Global Animal Feed Equipment Market – Taxonomy
2.2. Global Animal Feed Equipment Market –Definitions
2.2.1. By Type
2.2.2. By Form of Feed
2.2.3. By Basis of Operation
2.2.4. By Basis of Livestock
2.2.5. By Region
3. Global Animal Feed Equipment Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Animal Feed Equipment Market Dynamic Factors – Impact Analysis
3.6. Global Animal Feed Equipment Market – Competition Landscape
4. Global Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Animal Feed Equipment Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Cleaning & Sorting
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Grinding
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Mixing
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Ventilation
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Heating
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Drinking Systems
5.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Dosing & Batching
5.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
5.8. Extrusion
5.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.3. Market Opportunity Analysis
5.9. Cooling & Drying
5.9.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.9.3. Market Opportunity Analysis
5.10. Others
5.10.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.10.3. Market Opportunity Analysis
6. Global Animal Feed Equipment Market, By Form of Feed, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Pellets
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Mash
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Crumbles
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Animal Feed Equipment Market, By Basis of Operation, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Automatic
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Manual
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Animal Feed Equipment Market, By Basis of Livestock, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Poultry
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Ruminant
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Swine
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Others
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Animal Feed Equipment Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Animal Feed Equipment Market – Opportunity Analysis Index, By Type, By Form of Feed, By Aerospace, By Basis of Livestock, and Region, 2022-2028
10. North America Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Cleaning & Sorting
10.1.2. Grinding
10.1.3. Mixing
10.1.4. Ventilation
10.1.5. Heating
10.1.6. Drinking Systems
10.1.7. Dosing & Batching
10.1.8. Extrusion
10.1.9. Cooling & Drying
10.1.10. Others
10.2. Form of Feed Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Pellets
10.2.2. Mash
10.2.3. Crumbles
10.2.4. Others
10.3. Mode of Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Automatic
10.3.2. Manual
10.4. Basis of Livestock Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Poultry
10.4.2. Ruminant
10.4.3. Swine
10.4.4. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Animal Feed Equipment Market – Opportunity Analysis Index, By Type, By Form of Feed, By Basis of Operation, By Basis of Livestock, and Country, 2022-2028
10.7. North America Animal Feed Equipment Market Dynamics – Trends
11. Europe Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Cleaning & Sorting
11.1.2. Grinding
11.1.3. Mixing
11.1.4. Ventilation
11.1.5. Heating
11.1.6. Drinking Systems
11.1.7. Dosing & Batching
11.1.8. Extrusion
11.1.9. Cooling & Drying
11.1.10. Others
11.2. Form of Feed Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Pellets
11.2.2. Mash
11.2.3. Crumbles
11.2.4. Others
11.3. Mode of Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Automatic
11.3.2. Manual
11.4. Basis of Livestock Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Poultry
11.4.2. Ruminant
11.4.3. Swine
11.4.4. Others
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Animal Feed Equipment Market – Opportunity Analysis Index, By Type, Form of Feed, Basis of Operation, Basis of Livestock, and Country, 2022-2028
11.7. Europe Animal Feed Equipment Market Dynamics – Trends
12. Asia-Pacific Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Cleaning & Sorting
12.1.2. Grinding
12.1.3. Mixing
12.1.4. Ventilation
12.1.5. Heating
12.1.6. Drinking Systems
12.1.7. Dosing & Batching
12.1.8. Extrusion
12.1.9. Cooling & Drying
12.1.10. Others
12.2. Form of Feed Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Pellets
12.2.2. Mash
12.2.3. Crumbles
12.2.4. Others
12.3. Mode of Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Automatic
12.3.2. Manual
12.4. Basis of Livestock Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Poultry
12.4.2. Ruminant
12.4.3. Swine
12.4.4. Others
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Animal Feed Equipment Market – Opportunity Analysis Index, By Type, Form of Feed, Basis of Operation, Basis of Livestock, and Country, 2022-2028
12.7. Asia-Pacific Animal Feed Equipment Market Dynamics – Trends
13. Latin America Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Cleaning & Sorting
13.1.2. Grinding
13.1.3. Mixing
13.1.4. Ventilation
13.1.5. Heating
13.1.6. Drinking Systems
13.1.7. Dosing & Batching
13.1.8. Extrusion
13.1.9. Cooling & Drying
13.1.10. Others
13.2. Form of Feed Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Pellets
13.2.2. Mash
13.2.3. Crumbles
13.2.4. Others
13.3. Mode of Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Automatic
13.3.2. Manual
13.4. Basis of Livestock Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Poultry
13.4.2. Ruminant
13.4.3. Swine
13.4.4. Others
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Animal Feed Equipment Market – Opportunity Analysis Index, By Type, Form of Feed, Basis of Operation, Basis of Livestock, and Country, 2022-2028
13.7. Latin America Animal Feed Equipment Market Dynamics – Trends
14. Middle East and Africa Animal Feed Equipment Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Cleaning & Sorting
14.1.2. Grinding
14.1.3. Mixing
14.1.4. Ventilation
14.1.5. Heating
14.1.6. Drinking Systems
14.1.7. Dosing & Batching
14.1.8. Extrusion
14.1.9. Cooling & Drying
14.1.10. Others
14.2. Form of Feed Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Pellets
14.2.2. Mash
14.2.3. Crumbles
14.2.4. Others
14.3. Mode of Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Automatic
14.3.2. Manual
14.4. Basis of Livestock Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Poultry
14.4.2. Ruminant
14.4.3. Swine
14.4.4. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Animal Feed Equipment Market – Opportunity Analysis Index, By Type, Form of Feed, Basis of Operation, Basis of Livestock, and Country, 2022-2028
14.7. MEA Animal Feed Equipment Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Andritz (Austria)
15.2.2. Buhler (Switzerland)
15.2.3. Pavan (Italy)
15.2.4. Clextral (France)
15.2.5. Muyang (China)
15.2.6. Bratney (US)
15.2.7. Dinnissen (Netherlands)
15.2.8. VDL Agrotech bv (Netherland)
15.2.9.  Henan Longchang Machinery (China)
15.2.10. BK Allied (India)
15.2.11. Het Feed Machinery (China)
16. Research Methodology
17.Key Assumptions and Acronyms

Report

Company Profile

  • Andritz (Austria)
  • Buhler (Switzerland)
  • Pavan (Italy)
  • Clextral (France)
  • Muyang (China)
  • Bratney (US)
  • Dinnissen (Netherlands)
  • VDL Agrotech bv (Netherland)
  • Henan Longchang Machinery (China)
  • BK Allied (India)
  • Het Feed Machinery (China)

Description

Animal Feed Equipment Market Size is valued at USD x billion in 2021 and is expected to grow at a significant CAGR of x% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by Type, Form Of Feed, Power, Operation, and Livestock. By type, the market has been segmented into Cleaning & Sorting, Grinding, Mixing, Ventilation, Heating, Drinking Systems, Dosing & Batching, Extrusion, Cooling & Drying, and Others. The cleaning & sorting segment is likely to be the largest and fastest-growing segment in terms of type. By form of feed, animal feed equipment market is segmented into Pellets, Mash, Crumbles, and Others.  Among these, the pellets segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on operation, the market is segmented as Automatic, Manual. The manual segment accounts for the largest share in 2021. Electric is the second-largest share during the forecast period 2021-2028. Based on the Livestock, the market has been segregated into Poultry, Ruminant, Swine, and Others. The Poultry segment is expected to dominate other segments in the animal feed equipment market. The ruminant segment is expected to witness the highest CAGR during the forecast period according to precision business insights.

Key Development:

In January 2020, Vermeer acquired Schuler Manufacturing to extend its feed production capacity

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