Dairy Herd Management Market: Rising Investments and Funding Toward the Developm
Posted by Kriti on May 6th, 2021
Major Market Growth Drivers:
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The Dairy Herd Management Industry, by product, is segmented into automated systems and standalone software. Automated systems dominated the market in 2017. This is largely due to the increasing mechanization in dairy farming (caused by a dearth of labor), growing preference for automated systems, and the rising demand for dairy products. The automated systems market is segmented further into milk management, feeding/nutrition management, reproductive health management, cattle management, and herd health management systems.
The large-scale dairy farms segment is expected to grow at the highest rate in the end-user market
Based on the end-user, the dairy herd management market is segmented into small-scale, large-scale, and cooperative dairy farms. The large-scale dairy farms segment is projected to show the highest growth between 2017 and 2022. Their greater production capacities serve to reduce overall product prices; this has steadily made large-scale operations more feasible overall and allowed for the number of large-scale farms to grow in recent years.
The regional segments of the Dairy Herd Management Industry are North America, Europe, the Asia Pacific, and the Rest of the World (RoW). Europe—characterized by a growing demand for high-quality dairy products, a strong dairy industry, and high production volumes—held the largest share of the dairy herd management market in 2017.
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About the AuthorKriti
Joined: July 3rd, 2019
Articles Posted: 390
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