Press release
Feeding Systems Global Market Report 2024 - By Demand, Share, Report, Growth, Outlook By 2033
Feeding Systems Market
The feeding systems market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to focus on sustainable practices, demand for nutritional optimization, smart and connected farming solutions, consumer demand for quality products, data analytics and predictive insights. Major trends in the forecast period include integration with mobile platforms, modular and scalable solutions, efficiency in feed conversion, health monitoring integration , eco-friendly solutions.
Market Overview -
The feeding systems refers to automated machines used for feeding animals. It provides food to many animals quickly, ensuring that each animal receives its allotted portion of the feed. It contributes to greater consistency and efficiency by encouraging more animals to eat from the feeders at the same time, increasing productivity, and reducing operational time.
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Rising Dairy Product Demand Propels Growth In Feeding Systems Market
The rising demand for dairy products is expected to propel the feeding systems market. Dairy products are foods derived primarily from or containing milk from mammals such as cattle, goats, sheep, and others. This rising demand for dairy products increased the need for feeding systems to increase the productivity of diary sector. For instance, according to Organisation for Economic Co-operation and Development (OECD) and the Food and Agricultural Organization (FAO) of the United Nations, a collaborative effort, World milk production is expected to increase by 1.6 % annually between 2020 and 2029 and reach 997 million tons in 2029. Therefore, the rise in demand for dairy products will drive the feeding systems market.
Competitive Landscape -
Major companies operating in the feeding systems market report are Lely Holding SARL, VDL Agrotech B.V., DeLaval Holding AB, Pellon Group Oy, GEA Group AG, Cormall A/S, fimilk Ltd., Rovibec Agrisolutions Inc., Dairymaster, Steinsvik Group AS, Bauer Technics AS, Bou Matic LLC, The GSI Group Inc., AKVA Group, Daviesway Pty. Ltd., RO-MAN Manufacturing Inc., Penta TMR Inc., AgroLogic Ltd., Ottevanger Milling Engineers, CST Industries Inc., Feed Energy Company, Van Aarsen International, Zagro Asia Limited, DSM Nutritional Products AG, Fanway Fish Feed Machinery, Sioux Steel Company, Jaylor Fabricating Inc., Hanskamp AgroTech, JF McKenna Ltd., SKIOLD GROUP, Lely Holding S.a.r.l.
Delaval's Autonomous Feeding Robot, Optimat, Redefines Efficiency And Precision In Feeding Systems
Technological advancements are a key trend in the feeding systems market. Major companies operating in the feeding systems market are focused on developing new technologies such as real-time monitoring, diet deficiencies monitoring, and others to boost profitability and strengthen their market position. For instance, in April 2023, DeLaval, a Sweden-based company that specializes in dairy farming and milking equipment, launched a new autonomous feeding robot DeLaval Optimat. The Optimat solution encompasses a range of functions, including weighing, cutting, mixing, and delivering feed to the table, streamlining and automating the entire feeding process on dairy farms. This advancement is poised to reduce costs and labor associated with feeding, offering dairy farmers a more efficient and technologically integrated solution for their operations.
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Key Segments -
The feeding systems market covered in this report is segmented -
1) By Type: Rail-Guided, Conveyor Belt, Self-Propelled
2) By Technology: Manual, Automated
3) By Function: Controlling, Mixing, Filling and Screening, Other Functions
4) By End Users: Swine Farm, Equine Farm, Dairy Farm, Poultry Farm
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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