In 2005, the animal feed industry in Asia, South America, and Eastern Europe showed good project activity. This trend was mainly driven by vertically integrated meat producers that are building up additional capacities and aiming to improve existing factories. New investment plans in Western Europe and North America remained at a modest level.

The aquatic feed segment also developed positively during 2005, with project activity mainly focused on Asia, the Mediterranean region, and Central and South America.

Capacity expansions within the renewable energy market segment in Europe, as well as in North America, continued on a very active level in the wood pelleting industry. Increased wood pellet plant activities were also observed in the emerging markets of Russia and South America. Also, the waste pellets industry in Central Europe showed reasonable activity.