The feeding systems market is estimated at USD 3.22 billion in 2024 and is projected to reach USD 4.72 billion by 2029, at a CAGR of 8.0% from 2024 to 2029. Strong growth in the feeding systems market is based on the growing demand for automated and efficient livestock management solutions. The adoption of automated feeding systems is significantly growing with the advent of advanced technology, as it increases productivity and has a low labor cost while delivering very accurate nutrients to animals. Most investment has taken place in poultry, dairy, and swine farming, where large-scale production benefits the most from streamlined processes. North America and the Asia Pacific are the two big markets that are contributing to the growth of the market, the key players in these regions focusing on innovations and adaptation to meet the growing demands of sustainable and scalable farming practices.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102235948
The Mixing Function has the significant share within the function sector of the feeding systems market.
The feed mixer function accounts for a significant share of the global feeding systems market as it represents an essential function of ensuring uniform blending for feed components being fed into livestock. Feed mixers are also considered a critical tool in managing the creation of a balanced feed mixture as it enables correct nutrient compositions, which will positively contribute to the health and productivity of animals. Feed mixers have come to be of paramount importance in contemporary livestock operations because they prevent feed waste and improve the efficiency of the feed. As such, an increase in the adoption of automatic feeding technologies and the need for the formulation of high-precision feeds to maximize farm outputs is a major driver for the increasing usage of feed mixers in small, medium, and large farm operations across the world.
The poultry segment is growing at a significant CAGR in the feeding systems market during the forecasted period 2024-2029.
The poultry segment is the growing at a significant CAGR in the feeding systems market, especially due to the growing demand for global poultry meat. A 2021 OECD study estimates that there will be an increase in meat protein consumption by 14% by 2030, mainly from poultry products that will account for about 40% of protein consumption. Hence, with such growing scales of poultry farming operations, efficient and automated feeding systems come into the picture. Advanced feeding systems prove to be of paramount importance for optimizing poultry nutrition with uniform feeding, which would further lead to minimum feed wastage, hence improving flocks’ health and productivity. Thus, automated feeding systems have increased the efficiency of operation and align with interest in biosecurity and hygiene practices in poultry farming with regard to increased market demand for safer and better poultry meat quality.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=102235948
Based on region, North America has a significant share in the feeding systems market.
North America includes countries such as the US, Mexico, and Canada. A variety of factors drive growth in feeding systems within this region. Improved feeding technology, as well as reduced operational expenses from the adoption of automated feeding systems, boosted the demand in this region. Additionally, labor shortages within the agricultural industry are forcing farmers towards automation. Furthermore, the demand for livestock-based products in the North American region is generating a significant call for efficient farm practices to maximize the livestock output. Hence, livestock growers are switching towards advanced feeding systems to enhance livestock growth and maximize feed conversion ratio.
The report profiles key players such as DeLaval (Sweden), GEA Group Aktiengesellschaft (Germany), Lely (Netherlands), Trioliet B.V. (Netherlands), VDL Agrotech (Netherlands), ScaleAQ (Norway), AGCO Corporation (US), BouMatic (US), Pellon Group Oy (Finland), Rovibec Agrisolutions (Canada), CTB, Inc. (US), AKVA Group (Norway), Dairymaster (US), Maskinfabrikken Cormall A/S (Denmark), Schauer Agrotronic GmbH (Austria).
Feeding Systems Industry Developments:
In July 2024, Trioliet launched three new models in its Solomix 2 feed mixer range: the 2200, 2600, and 2800, with capacities of 22 m³, 26 m³, and 28 m³, respectively. These feed mixers are designed for farms with limited space, featuring a compact design, low machine height, and high maneuverability. The Solomix 2 range now offers eight different volumes from 20 m³ to 36 m³.
In September 2022, GEA introduced the DairyFeed F4500, an autonomous feeding robot designed to support dairy farms in reducing their carbon footprint and operational costs. The robot independently manages the feeding process for herds of up to 300 cows, providing the right feed mix for different animal groups to enhance animal welfare, productivity, and reduce methane emissions. Powered by electricity, the robot integrates with renewable energy sources and does not require major farm modifications.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=102235948
About MarketsandMarkets™
MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media ContactCompany Name: MarketsandMarkets™ Research Private Ltd.Contact Person: Mr. Rohan SalgarkarEmail: Send EmailPhone: 18886006441Address:1615 South Congress Ave. Suite 103City: Delray BeachState: FL 33445Country: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/feeding-system-market-102235948.html