Automatic Feeding System Market
Posted by geeta narwade on October 5th, 2019
Automatic Feeding System Market was valued US$ 5.1Bn in 2017 and is estimated to reach US$ 9.8Bn by 2026 at a CAGR of 8.51%.
Automatic feeding systems gain in importance due to rising demands on performance-related feeding of cows and animal welfare. But so far, under practical conditions, AFS is used with static settings for feeding times and frequencies without taking into account animal demands.
Global Automatic Feeding System Market
Increasing the number of customers for meat and dairy products across the globe has led to an improved interest between the farmers to use automatic feeding equipment for livestock to reduce labor and increase the productivity of the animals owing to precise and proper feed delivery on time. The major restraining factor for the automatic feeding system market is the lack of standardization of automatic feeding systems.
Distributors segment is expected to grow at the highest CAGR during the forecast period. Distributors feeding line provide feed to different animals on time. For distribution, two different types of equipment are used rail-guided feed wagon & self-propelled feeder. Automatic feeders aid to distribute feed to livestock accurately which improves the growth and development of the animals.
Equine feeders segment is dominating the global automatic feeding equipment system market. Farmers in developed countries invest in individual feeders for equine equipment. Equine feeders are of different types, some of which contain hay feeders, feed bins, bucket, and automatic equine waterers, which are used on a daily basis to provide feed and water.
Region-wise, The North American region is anticipated to grow at the highest CAGR during the forecast period. The growth in the North America region can be attributed to the various innovations in different equipment lines and feeding equipment to meet the rising demand from farm owners and farmers. The usage of feeding equipment in North America is increasing due to factors such as continual advancements in technologies and increasing herd size of livestock farms.
Global automatic feeding system market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.
Key players operating in global automatic feeding system market, Agco Corporation, GEA
Delaval Holding AB, Big Dutchman, Kuhn, Lely Holding Sarl, Trioliet B.V., VDL Agrotech, Pellon Group Oy, Rovibec Agrisolutions, Coromall as, Roxell.
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Scope of Global Automatic Feeding System Market
Global Automatic Feeding System Market, by feeding line
Global Automatic Feeding System Market, by Individual feeding equipment
Global Automatic Feeding System Market, by Livestock
Global Automatic Feeding System Market, by Region
Key Players operating in Global Automatic Feeding System Market
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About the Authorgeeta narwade
Joined: September 2nd, 2019
Articles Posted: 100
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