Feeding Systems Market worth $3.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, July 19, 2022 /PRNewswire/ -- According to the report "Feeding Systems Market by Type (Rail-Guided, Conveyor Belt, Self-Propelled), Livestock (Ruminants, Poultry, Swine), Offering (Hardware, Software, Services), Technology (Manual, Automatic), Function and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Feeding Systems Market is projected to reach USD 3.9 billion, by 2027, at a CAGR of 7.7% from 2022 to 2027. The growing size of dairy farms, increasing focus of major companies on technological advancements as well as product launches and developments, and substantial cost savings associated with automated feeding systems are the major driving factors for the market. The market also faces some challenges like high capital requirements at the initial stage of installation, which may discourage small and medium-sized farms from automating the feeding process.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102235948

Self-propelled feeding systems will have the highest CAGR during the forecast period in terms of value

The self-propelled feeding systems are advanced and flexible solutions for the automatic feeding of livestock animals. The growing popularity of self-propelled feeding systems in Asia Pacific, mainly in countries such as Japan, China, Australia, and India, is expected to propel the growth of these systems during the forecast period.

Poultry to witness a greater demand for feeding systems in the coming years

The poultry industry witnesses the largest and the fastest growth in terms of animal production. According to an article by the Food and Agricultural Organization (FAO) 2021, globally, poultry meat is expected to represent 41% of all the protein from meat sources in 2030, which is expected to drive the global consumption of poultry products. Poultry meat production is one of the primary drivers of the feeding systems market. Manufacturers are increasingly directing their investments toward the development of innovative feeding system technologies for the production of various forms of high-quality poultry feed. The various types of systems that are now being used for poultry farms include automatic pan feeders, chain feeders, and round & hanging tube feeders.

Browse in-depth TOC on "Feeding Systems Market"

237 – Tables  
53 – Figures  
228 – Pages

The automated segment is expected to dominate the feeding systems market during the forecast period

Over the last couple of years, the advent of automated feeding systems and the ever-growing awareness about livestock health and safety have resulted in the emergence of automation in feeding management for different livestock farms, such as dairy farms, poultry farms, swine farms, and equine farms. With the increasing demand for quality livestock products, it has become important to monitor and measure the steps involved in livestock feeding. Few players like Trioliet B.V (Netherlands), DeLaval Holding AB (Sweden), and GEA Group (Germany) have introduced various automated feeding system products in the global market. For instance, Triolet B.V offers a range of automated feeding robots under its range called 'Triomatic.'

Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=102235948

North America is projected to be the second largest market in the feeding systems industry.

The importance of feeding systems is increasing in the region due to the increasing demand for performance-boosting feed for cattle and animal welfare. There has been an increasing shift from conventional to automated systems in the region over the last 30 years due to technological advancements and the high affordability of animal rearers in the region. North American farm owners are focusing on catering to the growing demand from consumers for dairy and meat products. This has led various companies in the global market to develop innovative feeding systems such as individual feeders and group feeders.

In North America, the demand for feeding systems has picked up at a rapid pace, particularly in the US. Seeing this demand, Lely (Netherlands) introduced Lely Park, its new commercial hub and complex, launched in June 2022. With this development, Lely will be able to greatly boost its production capacity to fulfill the rising needs of North American farmers.

Key players:

The key players in this market include DeLaval (Sweden), GEA Group Aktiengesellschaft (Germany), Lely (Netherlands), Trioliet B.V. (Netherlands), VDL Agrotech (Netherlands), ScaleAQ (Norway), BouMatic (US), Pellon Group Oy (Finland), Rovibec Agrisolutions (Canada), CTB, Inc. (US), Afimilk Ltd. (Israel), Dairymaster (US), Maskinfabrikken Cormall A/S (Denmark), HETWIN Automation Systems GmbH (Austria), and JH AGRO A/S (Denmark).

Related Reports:

Livestock Monitoring Market by Livestock Type (Cattle, Poultry, Swine, Equine), Application (Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Health Monitoring Management), Offering and Geography (2022-2030)

https://www.marketsandmarkets.com/Market-Reports/livestock-monitoring-market-72634532.html

Precision Livestock Farming Market with COVID-19 Impact Analysis by System Type, Application (Milk Harvesting, Feeding, Health), Offering (Hardware, Software, Services), Farm Type (Dairy, Swine, Poultry), Farm Size, and Geography - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/precision-livestock-farming-market-29706557.html

Browse Adjacent Reports: Feed and Animal Nutrition Market Research Reports & Consulting

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/feeding-system-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/feeding-system.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg