FEEDING SYSTEMS MARKET Growth Size Analysis Report 2019

Posted by Arzan Bhesania on July 16th, 2019

MARKET OVERVIEW:

Feeding Systems Market size was at USD 79.05 million in 2019. Which is expected to grow at an increasing CAGR of 6% to reach USD 105.84 million by 2024. It captures 8% of the global market.

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DRIVERS AND RESTRAINTS:

Key factors driving the market are:

• Augmenting size of dairy farms worldwide
• The Rising focus about companies that are turning their technological advancements in the feeding management
• Considerable cost reductions related to the adoption of feeding systems

However, key challenges and hurdles faced by the market are:

• Shortage of trained professionals to handle numerous types of feeding systems
• High upfront costs involved in the installation of automated feeding systems
• Inappropriate supply of trained professionals in the livestock industry

REPORT SEGMENTED AS:

Based on market offerings:

• Software
• Hardware
• Others

Based on type:

• Rail-guided system
• Conveyor belt system
• Self-propelled system

Based on the application:

• Dairy farm
• Poultry farm
• Swine farm
• Equine farm

GEOGRAPHICAL SEGMENTATION:

Geographically, the market is segmented into the Middle East and Africa. UAE and Nigeria are projected to lead this regional market during the forecast period.

KEY MARKET PLAYERS:

• Trioliet B.V. (Netherlands)
• DeLaval Holding AB (Sweden)
• Lely Holding S.A.R.L (Netherlands)
• Cormall AS (Denmark)
• GEA Group AG (Germany)
• Agrologic Ltd (Israel)
• Cormall AS (Denmark)
• Rovibec Agrisolutions Inc. (Canada)
• DairyMaster (Ireland)

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THE SCOPE OF THE REPORT:

The report offers an extensive research overview of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential debated and identified.

The key players in this market sector are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities about the market players who are delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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