The increased number of dairy projects and herd population is the crucial aspect of the rise in the market of Dairy Herd Management as well as the latest technological advancements in Dairy Herd Management and processing will foster market growth.
JERSEY CITY, N.J., Nov. 3, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Dairy Herd Management Market" By Application (Milk Harvesting, Breeding, Feeding, Cow Comfort and Heat Stress Management, Calf Management, Health Management, and Other Applications), By Product (Standalone and Automated. Standalone), By End User (Large-Scale Dairy Farms, Cooperative Dairy Farms, and Small-Scale Dairy Farms), and By Geography.
As per the deep research carried out by Verified Market Research, the global Dairy Herd Management Market size was valued at USD 2.54 billion in 2019 and is projected to reach USD 3.98 billion by 2027, growing at a CAGR of 6.21% from 2020 to 2027.
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Browse in-depth TOC on "Dairy Herd Management Market"
202 - Pages
126 – Tables
37 – Figures
Global Dairy Herd Management Market Overview
The increased number dairy projects and herd population is the crucial aspect of the rise in the market of Dairy Herd Management as well as the latest technological advancements in Dairy Herd Management and processing will foster market growth. Due to increased number of dairy projects, herd management gains importance among dairy owners. It is important to increase productivity for the survival of dairy farms. During tough time when price of milk falls, farmers have to focus on reducing production cost with increasing productivity. These focus is identified by the market players and are taking advantage by offering Dairy Herd Management techniques in order to add value to in herd management owing to the use of different applications related to livestock and cattle management. In agriculture based economies application of automated technologies are widely adopted in the dairy industry and it plays a vital role in the growth of market upcoming years. In addition, rising government support for the dairy farms and its efficiency increment projects will boosts the rise of market. Thus aforementioned factors are expected to drive Dairy Herd Management market over the forecasted period.
There are certain restraints and challenges faced which will hinder the market growth. Ethical issues for animal safety is one of the major restraining factor of the market. Also, management of her is costlier process, as it is a labour based and required high operational cost. These factors might affect the growth of market up to a certain extent during the forecasted period.
Key Players
The major players in the market are Delaval, GEA, Afimilk, Boumatic, Fullwood, SCR, Dairymaster, Lely, VAS, Sum-IT Computer Systems, Pearson International., Farmwizard, Farmtec, Waikato Milking Systems, Trioliet.
Verified Market Research has segmented the Global Dairy Herd Management Market On the basis of Application, Product, End User, and Geography.
- Dairy Herd Management Market, By Applications
- Milk Harvesting
- Breeding
- Feeding
- Cow Comfort and Heat Stress Management
- Calf Management
- Health Management
- Other Applications
- Dairy Herd Management Market, By Product
- Standalone
- On-Premise Software
- Web-Based/Cloud-Based Software
- Automated
- Milk Management Systems
- Feeding/Nutrition Management Systems
- Reproductive Health Management Systems
- Cattle Management Systems
- Herd Health Management Systems
- Dairy Herd Management Market, By End User
- Large-Scale Dairy Farms
- Cooperative Dairy Farms
- Small-Scale Dairy Farms
- Dairy Herd Management Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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