Automated Feeding Systems Market Size, Share Analysis, Growth And Forecast 2024-2033
Global automated feeding systems market size is expected to reach $6.67 Bn by 2028 at a rate of 7.7%, segmented as by type, rail-guided feeding systems, conveyor feeding systems, self-propelled feeding systems, other types
Share this Post to earn Money ( Upto ₹100 per 1000 Views )
![Automated Feeding Systems Market Size, Share Analysis, Growth And Forecast 2024-2033](https://blog.rackons.in/uploads/images/202408/image_750x_66c42e8337e27.jpg)
Overview and Scope
Automated feeding systems refer to technologies designed to streamline and optimize the process of providing food to animals in agricultural or livestock farming settings. These systems use various mechanisms and technologies to automate the feeding process, reducing labor requirements, improving efficiency, and enhancing overall productivity.
Sizing and Forecast
The automated feeding systems market size has grown strongly in recent years. It will grow from $4.53 billion in 2023 to $4.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to demand for efficient animal husbandry practices, demand for cost-effective solutions, urbanization and shrinking arable land, growing demand for organic products, growing meat consumption.
The automated feeding systems market size is expected to see strong growth in the next few years. It will grow to $6.67 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing demand for labor-saving, rising adoption of precision agriculture, increasing demand for process efficiency, increasing emphasis on operational efficiency, rising demand for sustainable agriculture. Major trends in the forecast period include technological advancements, optimization of resource usage, introduce nanotechnology in feed additives, integration of RFID and sensor technologies, development of collaborative robots (cobots) for feed handling.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/automated-feeding-systems-global-market-report
Segmentation & Regional Insights
The automated feeding systems market covered in this report is segmented –
1) By Type: Rail-Guided Feeding Systems, Conveyor Feeding Systems, Self-Propelled Feeding Systems, Other Types
2) By Offering: Software, Hardware, Services
3) By Function: Controlling, Mixing, Filling And Screening, Other Functions
4) By Technology: Robotics And Telemetry, Guidance And Remote Sensing Technology, Radio Frequency Identification (RFID) Technology, Other Technologies
5) By Livestock: Poultry, Swine, Ruminants, Equine, Other Livestock
North America was the largest region in the automated feeding Systems market in 2023.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated feeding systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14044&type=smp
Major Driver Impacting Market Growth
The increasing livestock production is expected to propel the growth of the automated feeding systems market going forward. Livestock production refers to the breeding, raising, and management of animals for various purposes, including food, fiber, and other products. The production of a variety of livestock products, including processed meats, value-added products, and by-products, contributes to increased overall livestock production. Automated feeding systems are extensively used in livestock production to improve efficiency, precision, consistency, and data-driven decision-making, ultimately contributing to better animal welfare, sustainability, and profitability on the farm. For instance, in March 2023, according to data published by the United States Department of Agriculture, a US-based government agency, the total number of sheep and lambs in Canada was 854,400 in 2023, a 3% increase from 827,200 the previous year. The breeding sheep inventory is at 628,700 head, up 1% from the previous year. Therefore, increasing livestock production is driving the growth of the automated feeding systems market.
Key Industry Players
Major companies operating in the automated feeding systems market are Cargill Inc., Agco Corporation, GEA Group AG, Maximus Systems Ltd., DeLaval Inc., Big Dutchman International GmbH, Nedap N.V., Lely Holding S.à r.l., Roxell BVBA, Trioliet B.V., BouMatic LLC, Agromatic AG, Fullwood Packo Ltd., Fancom B.V., AgriTech Ltd., Afimilk Ltd., Dairymaster Ltd., Impex Barneveld B.V., Pellon Group Oy, Faromor Ltd., VDL Agrotech, Rotec Engineering B.V., Optimat Ltd., Dairy Tech Inc
The automated feeding systems market report table of contents includes:
1. Executive Summary
2. Automated Feeding Systems Market Characteristics
3. Automated Feeding Systems Market Trends And Strategies
4. Automated Feeding Systems Market - Macro Economic Scenario
5. Global Automated Feeding Systems Market Size and Growth
………….
33. Global Automated Feeding Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automated Feeding Systems Market
35. Automated Feeding Systems Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automated Feeding Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automated Feeding Systems Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automated Feeding Systems Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………
Table 76: Cargill Inc. Financial Performance
Table 77: Agco Corporation Financial Performance
Table 78: GEA Group AG Financial Performance
Table 79: Maximus Systems Ltd. Financial Performance
Table 80: DeLaval Inc. Financial Performance
Explore the trending research reports from TBRC:
https://goodprnews.com/residential-heat-pump-market-report/
https://topprnews.com/cashew-nut-processing-equipment-market-share/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model