The global Horse Grain Feeders Market size is projected to be valued at USD 3.49 billion in 2023 and is expected to hit around USD 5.79 billion by 2033. Sales of horse grain feeders are expected to rise at a CAGR of 5.2% during the forecast period.
The horse grain feeders market is a niche market that caters to the needs of horse owners and breeders. These feeders come in various designs and styles, such as ground feeders, hay feeders, and automatic feeders. They are used to dispense grains and other feed to horses in a controlled manner, helping to reduce waste and keep the feeding area clean. Therefore, the adoption of these feeders among horse owners and breeders is rising as a result of their prolonged usage.
The industry is propelled by the growing demand for equine-related goods and services as well as the increasing acceptance of riding horses as a leisure activity. Another important aspect fueling the market is the increasing proliferation of horse racing and breeding industries. With the increasing popularity of horse breeding and riding as a hobby and sport, the demand for horse feeders is expected to rise.
One of the primary trends in the market is the growing popularity of automatic grain feeders. Horse owners and breeders prefer using these feeders since they are designed to dispense feed at specific intervals. This makes it easy for them to manage the feeding schedule of the horses. The adoption of these feeders is anticipated to increase as they become widely available and affordable too. Another trend that is driving market growth is the increasing focus on animal welfare. Horse owners are becoming more aware of the importance of providing their animals with proper nutrition and care, and this is driving demand for high-quality feeders that can help them meet these needs.
The market is highly competitive, with several manufacturers vying for market share. Certain manufacturers are introducing feeders with adjustable openings to accommodate different types of feed. Many manufacturers are also developing feeders with built-in cameras to allow owners to monitor their horses remotely. Therefore, the market is expected to see steady growth during the forecast period, boosted by advances in technology and the introduction of new products.
| Attributes | Details |
|---|---|
| Horse Grain Feeders Market Value (2023) | USD 3.49 billion |
| Horse Grain Feeders Market Expected Value (2033) | USD 5.79 billion |
| Horse Grain Feeders Market Projected CAGR (2023 to 2033) | 5.2% |
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When compared to the 4.7% CAGR recorded between 2016 and 2022, the horse grain feeders market is predicted to expand at a 5.2% CAGR between 2023 and 2033.
| 2016 | USD 2.52 billion |
|---|---|
| 2021 | USD 3.16 billion |
| 2022 | USD 3.31 billion |
| 2023 | USD 3.49 billion |
| 2033 | USD 5.79 billion |
The horse grain feeder market has grown steadily over the past few years, impelled by the increasing demand for horse-related products and services. In the early days, horse grain feeders were primarily made of wood and metal and were relatively simple in design. Over the years, the market has seen a steady rise in the adoption of automatic feeders.
| Short Term (2023 to 2026) | As the market has evolved, manufacturers have started to introduce more advanced designs and features. These feeders are likely to become increasingly popular among horse owners and breeders as they offer greater convenience and control over the entire feeding process. |
|---|---|
| Medium Term (2026 to 2029) | The use of automated feeders is increasing as they become more widely available and affordable. This has been driven by the growing focus on animal welfare and the need to provide horses with proper nutrition and care. This is expected to open up new opportunities for the market players. |
| Long Term (2029 to 2033) | Advancements in technology are also expected to force market expansion during this period. As technology continues to evolve, manufacturers are likely to introduce new designs like programmed feeders with IoT technology, which will be more convenient and efficient for horse owners and breeders. |
These factors are anticipated to support a 1.6X increase in the horse grain feeders market between 2023 and 2033. The market is projected to be worth USD 5.79 billion by the end of 2033, according to FMI analysts
As a consequence of numerous significant factors that have been noticed, the global market is projected to grow considerably during the forecast period. FMI researchers examined possible threats, alluring possibilities, and limiting elements that can affect the sales of horse grain feeders in addition to the market's growth determinants.
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Principal Consultant
| Country | United States of America |
|---|---|
| Market Share (2022) | 30.4% |
| Market Value (2022) | USD 1,010.2 million |
| Country | Germany |
|---|---|
| Market Share (2022) | 17.9% |
| Market Value (2022) | USD 593.1 million |
| Country | United Kingdom |
|---|---|
| Market Share (2022) | 9.6% |
| Market Value (2022) | USD 318.2 million |
| Country | China |
|---|---|
| Market Share (2022) | 8.6% |
| Market Value (2022) | USD 284.33 million |
| Country | Japan |
|---|---|
| Market Share (2022) | 5.3% |
| Market Value (2022) | USD 176.3 million |
| Country | India |
|---|---|
| Market Share (2022) | 3.3% |
| Market Value (2022) | USD 108.3 million |
The market in the USA is a significant segment of the equine industry. Feeding grain to horses is a common practice among horse owners, as it provides a balanced diet and essential nutrients for their health and performance. In recent years, there has been a growing trend toward automatic feeders in the country. These are designed to dispense feed at specific intervals or in response to a horse’s proximity. Moreover, the country has an increasing demand for feeders that are easy to clean as well as durable.
The USA horse grain feeders market is also influenced by factors such as the state of the economy, the number of horse owners, and the popularity of horse riding. According to the American Horse Council, the horse industry is estimated to be USD 122 billion in economic activity. Manufacturers in the USA are developing feeders that are made from sustainable materials, such as stainless steel or galvanized metal, to ensure longevity and safety. The primary reason behind this development is the horse owners’ fondness for sustainable ingredients over synthetic ones.
The United Kingdom's equine industry is a significant economic sector. The industry provides a wide range of services, including horse racing, breeding, showing, and leisure activities such as riding, carriage driving, and trekking. There are several horse grain feeders available in the United Kingdom market, including traditional troughs, bunk feeders, and automatic feeders. Certain key players in the market include Equestrian, Shires, and Horseware. In recent years, there has been a growing trend toward the adoption of automatic grain feeders in the country.
Horse owners are becoming conscious of the ingredients in the products they purchase for horses and are opting for feeders made with natural components. Many manufacturers are now offering feeders from recycled materials or using more sustainable manufacturing processes. Moreover, the United Kingdom horse grain feeders market is also influenced by the current regulations and guidelines regarding equine feed. Therefore, the market in the United Kingdom is likely to reach USD 547.6 million by 2033, exhibiting a CAGR of 5.6%
The market in Germany is a niche but growing industry, driven by the increasing popularity of horse riding and equestrian sports. Germany is home to a large equestrian community, with over 2 million horses and ponies kept for recreational and competitive use. This has led to a demand for high-quality horse feeders that can safely and efficiently dispense grain.
The market is growing since the country has rising disposable income and increasing awareness of horse health and nutrition. The key players in the German horse grain feeders market include Busse, Waldhausen, and JFC. These companies offer a wide range of horse grain feeders including traditional feed bins, automatic feeders, and slow feeders. They also offer various horse feed options such as hay, straw, and different types of grain.
One of the key drivers of the growth in the market in China is the increasing popularity of equestrian sports, such as horse racing and show jumping. The government of China has also been promoting equestrian sports as a way to improve the country’s overall sports performance and boost tourism. This has led to the construction of new equestrian facilities and an increase in the horse population in China, which in turn has boosted the demand for horse grain feeders.
China's horse grain feeders market is also being influenced by the growing e-commerce sector in the country. Online sales of horse grain feeders have been growing in recent years, as more consumers in China are turning to the internet to purchase goods and services. This trend is expected to continue during the forecast period, as the number of internet users in China continues to grow and more consumers become comfortable with buying products online. Therefore, the market is expected to surpass USD 427.7 million by 2033, registering a CAGR of 4.2%.
The market in Japan is relatively small compared to other equine products and services. However, there is still a dedicated group of horse owners and trainers who prioritize the health and well-being of their equine partners and are willing to invest in quality feeders. Japan is home to various horse breeds, including the Japanese Thoroughbred, which is known for its speed and endurance. These horses are often used in horse racing, an industry that generates significant revenue in Japan.
Despite the relatively small market size, several companies in Japan specialize in the production and distribution of horse grain feeders. Certain popular players operating in Japan's horse grain feeders market include ASAHI and Tsurumi Manufacturers. These companies often work closely with equine professionals and organizations to ensure that their products meet the needs of the horse-owning community.
The market in India is a small but developing market. Horse ownership in India is relatively low compared to other countries, but there is a growing interest in equestrian sports and activities, which is driving the demand for horse feeders. In the country, the prominent horse grain feeders are imported from other countries, particularly from Europe and the USA. These imported feeders are typically more expensive than locally made feeders but are seen as being of higher quality and more durable.
Even though the Indian horse grain feeders market is relatively small, several companies manufacture and sell horse grain feeders in India. These companies offer a wide range of horse feeders, including basic feeders, automatic feeders, and feeders with special features such as weather-proofing and anti-waste design. Hence, the market in India is estimated to reach a valuation of USD 195.9 million, exhibiting a CAGR of 6.1%.
When it comes to horse grain feeders, there are several options available to horse owners. Wall-mounted grain feeders and poly corner grain feeders are generally popular in the market. Horse owners prefer using wall-mounted grain feeders since they are typically more space-efficient. These feeders can be mounted on a wall or stall door, freeing up space. This is particularly useful for owners who have limited space in their barns or stables. Compared to poly corner feeders, these are usually more durable as they are made of metal. This is particularly important for horse owners who have larger or more active horses.
For a wide range of reasons, large farms utilize horse grain feeders more often than small farms. They are an efficient and cost-effective way to ensure that all of the horses are getting the proper nutrition they need. Large farms have specific feeding requirements, such as grain rationing, or a higher number of horses with specific health conditions. Large farms commonly adopt automatic grain feeders which help to reduce the amount of time and labor required to feed the horses. Additionally, horse grain feeders are also an important safety feature for large farms as they can prevent horses from overeating or fighting for feed.
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Manufacturers in the horse grain feeders market are focusing on research and development to innovate and improve their products. Strategies that manufacturers are implementing include:
Key Market Developments:
In October 2022, to assure advancement in the equine industry and to take advantage of the synergies developed between the businesses, Röwer & Rüb enters into a strategic partnership with the Global Equestrian Group.
In February 2022, Behlen Mfg. Co. entered into a partnership with Freeland Industries, Inc. and Freeland Trucking, Inc. to purchase industrial tank and feeder assets to diversify their product portfolio.
In July 2021, Priefert Manufacturing has joined the North American Steel Alliance as a member-owner organization, becoming the organization's newest acquisition of metals.
The market accounted for a value of USD 3.49 billion in 2023.
The market is estimated to record a CAGR of 5.2% during the forecast period.
The market size is predicted to be valued at USD 5.79 billion by 2033.
North America dominates the global market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Wall-Mounted Horse Grain Feeder 5.2. Poly Corner Grain Feeder 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Farm Type 6.1. Small Farm 6.2. Large Farm 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 7.1. Direct Sales 7.2. Agro Stores 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. Middle East and Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Behlen Country 16.2. Tarter 16.3. Priefert 16.4. Stallion 16.5. Rower & Rub 16.6. SIEPLO 16.7. IOTTI ZOOTECNIA SRL 16.8. Polidas 16.9. BISEN INDUSTRY 16.10. DP Agri Ltd. 17. Assumptions & Acronyms Used 18. Research Methodology
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Horse Grain Feeders Market
