Feeding Systems Market Projected to Show Strong Growth by 2026

Posted by Andre on August 29th, 2019

Feeding systems is equipment which serves the food at required demand and in adequate manner. The machine delivers the necessary amount of food at least time and also helps in the cost saving. The applications are in Dairy Farm Management, Poultry Farm Management, Swine Farm Management, Equine Farm Management, etc. The new technical advancement will create maximum opportunity for feeding system market.

Global feeding systems market is estimated to reach USD 2069.70 million by 2026, registering a substantial CAGR of 8.5% in the forecast period of 2019-2026. Increasing demand from farm industry specifically by dairy farms is key factor to growth, along with technological advancement and automated feeding systems.

Market Drivers:                                                                                                        

•          Increased size of dairy farms
•          Technological advancements and new product launches
•          Cost savings automated feeding systems

Market Restraints:

•          High maintenance cost
•          High investment cost

Market Competitors:

Few of the major competitors currently working in feeding systems market are DeLaval Inc., GEA Group Aktiengesellschaft, Lely, Trioliet B.V., VDL Agrotech bv, Steinsvik Group AS, Bauer Technics A.S., Agro Logic, LTD, Pellon Group OY, Rovibec Agrisolutions, Cormall A / S, Afimilk Ltd., The GSI Group, LLC, AKVA group, Roxell, Dairymaster, Fullwood Packo, Daviesway Pty Ltd., Livi Chicken Breeding Equipment Machinery, Buhler AG, among others.

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Segmentation: Global Feeding Systems Market

•          Global Feeding Systems Market By System Type (Rail-Guided Feeding Systems, Conveyor Belt Feeding Systems, Pan Feeding Systems, Chain Feeding Systems, Self-Propelled Feeding Systems)
•          Offering (Hardware, Software, Service), Application (Dairy Farm Management, Poultry Farm Management, Swine Farm Management, Equine Farm Management),
•          Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis: Global Feeding Systems Market

Global feeding systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of feeding systems market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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