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Feeding Systems Market By System Type (Conveyor Belt System, Self-Propelled System, Rail Guided System,), By Offering (Software, Hardware, Service), By Application (Swine Farm, Dairy Farm, Poultry Farm, Equine Farm) And By Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecasts (2022 to 2027).

Published: January, 2022
ID: 3698
Pages: 175
Formats: report pdf report excel report power bi report ppt

Feeding Systems Market Size & Growth (2022 - 2027):

Feeding Systems' market size was around USD 1500.18 million in 2021It is expected to grow at a CAGR of 8.4% to reach USD 1780.05 million by 2026. Feeding systems are designed to efficiently manage nutritional requirements of animal husbandry and other business-related to it. The main reason for the installation of these systems is to automate the entire process of feeding the animals along with cost reduction.

Drivers and Restraints:

Drivers:

Augmenting the size of dairy farms worldwide, the rising focus of companies on technological advancements in feeding management coupled with new product launches, and considerable cost savings related to the adoption of feeding systems are the key factors anticipated to drive the growth of the market during the aforementioned forecast period.

Restraints:

The primary restraint for the growth of the market is the paucity of trained professionals to handle numerous types of feeding systems and the high upfront cost involved in the installation of automated feeding systems. Currently, there is an inadequate supply of trained professionals in the livestock industry.

FEEDING SYSTEMS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

8.4% 

Segments Covered

By Offering, By Application, By Type, By Region

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

Trioliet B.V. (Netherlands), DeLaval Holding AB (Sweden), Lely Holding S.A.R.L (Netherlands), Cormall AS (Denmark), and GEA Group AG (Germany), among others and providers of software and services for feeding systems, which include Agrologic Ltd (Israel), Cormall AS (Denmark), Rovibec Agrisolutions Inc. (Canada), and DairyMaster (Ireland), among others.

Market Segmentation:

Feeding Systems Market – By Offering:

  • hardware

  • software
  • service

Various factors, like the enhanced performance of these hardware and software systems, standardization of hardware and software systems, and reduced time and cost related to the feeding management are incentivizing the livestock owners to adopt various types of feeding systems. The hardware offering category is projected to command the feeding systems market during the aforementioned forecast period.

Feeding Systems Market – By Application:

  • dairy farm
  • poultry farm
  • swine farm
  • equine farm

The swine farm application category of the feeding systems market is estimated to grow at the highest CAGR during the aforementioned forecast period. The high growth of this application category is due to the growing adoption of automated feeding systems like liquid feeding systems and dry feeding systems on swine farms for feeding livestock.

Feeding Systems Market – By Type:

  • rail-guided system
  • conveyor belt system
  • and self-propelled system

Manual feeding of livestock is a very costly and time-consuming process because of the large-scale labor involved in it. Hardware and software feeding solutions enable automatic identification of livestock and data capturing, resulting in accurate and quick tracking of livestock and their feeding.

Feeding Systems Market – By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The North American region is anticipated to command the feeding systems market during the aforementioned forecast period. The Asia Pacific feeding systems market is estimated to grow at the highest CAGR during the aforementioned forecast period. The growth of the Asia Pacific feeding systems market is fuelled by several factors, viz. technological advancements in feeding management and rising adoption of feeding systems based on new technologies in the Asia Pacific region.

Major Key Players:

Major players in this market include Trioliet B.V. (Netherlands), DeLaval Holding AB (Sweden), Lely Holding S.A.R.L (Netherlands),  Cormall AS (Denmark), and GEA Group AG (Germany), among others and providers of software and services for feeding systems, which include Agrologic Ltd (Israel), Cormall AS (Denmark), Rovibec Agrisolutions Inc. (Canada), and DairyMaster (Ireland), among others.

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