Pellet Mills Market
Pellet Mills Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Pellet Mills Market Size and Growth
The Pellet Mills market is demonstrating robust growth, driven by increasing demand for sustainable biofuel and animal feed production. Valued at approximately $1.2 billion in 2023, the market is expected to expand at a CAGR of 5.4% through 2030, influenced by technological advancements and rising environmental concerns.
Companies Covered
(Covid 19 Impact Covered)
◍ CPM
◍ Fragola
◍ Buskirk Engineering
◍ Bliss Industries
◍ ANDRITZ Group
◍ General Dies
◍ Bühler
◍ La Meccanica
The pellet mills market features key players like CPM, Fragola, and ANDRITZ Group, which enhance production efficiency and product quality. These companies innovate technology, expand capacity, and cater to diverse industries, driving market growth. Sales figures include:
- ANDRITZ Group: $3 billion
- Bühler: ~$2.5 billion
- Bliss Industries: ~$180 million
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Market Segmentation
By Application
Animal Feed
Wood and Paper
Organic fertilizer
Other
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By Product
Large-scale
Small-scale
Market Growth
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$ X Billion USD
