The global automatic feeding system market is expected at USD 5.1 billion in 2021 and is anticipated to be over USD 9.79 billion by 2027 growing at a CAGR of 8.51% during the forecast period.
Automatic feeding systems are designed to feed pets. The operation is usually carried out using advanced machines and Automatic robots to feed cattle with milk and other food. But until now, in practical conditions, AFS has been used with static settings for feeding times and frequencies without considering the animals' demands.
The market for Automatic feeding systems is driven by a changing preference to reduce operating costs, time, and waste associated with manual feeding by adopting Automatic processes. Also, the ever-increasing size of dairy farms, the increasing demand for livestock surveillance services, and the increasing consumption of dairy and meat products are some of the factors that are expected to drive the growth of the target market. Additionally, increased awareness of substantial cost savings through the adoption of energy systems is expected to positively impact.
A recent trend observed in the target market is that major manufacturers are introducing new products and technological advancements in power management, which are expected to drive demand for Automatic power systems. Market players are constantly investing in product innovation, creating new market opportunities. However, the high installation costs associated with automatic feeding systems can put off small and medium-sized farmers, hampering the market growth and considering that the lack of standardization of electrical equipment and the high cost of installation can hinder the target's growth market.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2027 |
Base Year |
2021 |
Forecast Period |
2022- 2027 |
CAGR |
8.51% |
Segments Covered |
Ruminants, Swine, Poultry based on the livestock |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Roxell, Agco Corporation, Coromall as, Rovibec Agrisolutions, Pellon Group Oy, VDL Agrotech, Trioliet B.V., Lely Holding Sarl, Kuhn, Big Dutchman, and GEA Delaval Holding AB. |
Market Segmentation
The ruminant segment is expected to dominate the global market for Automatic feeding systems in 2021. Hardware and software solutions enable automatic feeding, resulting in accurate and fast feeding management of the animals feeding. The labor cost associated with power management is drastically reduced due to increased automation and fewer labor requirements. Due to these advantages, the market for Automatic ruminant feeding systems is expected to grow significantly during the forecast period.
The automatic feeding system market is divided into Controlling, Mixing, Filling, and Screening by function. The filling and screening segment is estimated to account for most of the Automatic feeding systems market in 2018. The filling and screening segment is estimated to have the largest share of the Automatic feeding systems market in 2018.
Regional Analysis:
The Market for Automatic Feeding Systems has been categorized based on geography into
Europe is holding the dominant shares of the Automatic feeding systems market due to parameters such as the increasing attention of companies to technological advancements in feed management, the effective management of livestock nutritional needs, the increasing adoption of software in Automatic feeding systems in livestock production. North America is expected to grow during the forecast period due to various innovations in different lines of equipment and feeding equipment to meet the growing demand from farm owners and farmers. In addition, the demand for meat is increasing in this region, which in turn contributes to the market for Automatic feeding systems.
Key Players:
The coronavirus is an unprecedented public health emergency that has affected nearly every industry, hence the long-term effects expected to affect industry growth during the forecast period. Our research amplifies our framework for determining the underlying concerns of COVID-19 and possible future pathways. The report provides insights into the coronavirus, considering changes in consumer behavior and demand, purchasing patterns, supply chain deviations, the dynamics of current market forces, and significant government interventions.
Recent Developments:
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