Poultry Farming Equipment Market Predicted to Accelerate the Growth by 2021 - 2031

Fluctuating import and export costs pertaining to poultry farming equipment have compelled manufacturers to intensify local equipment production amid the COVID-19 outbreak. DIY (Do It Yourself) incubators and brooders are likely to affect product sales for equipment manufacturers. Hence, manufacturers in the China poultry farming equipment market should capitalize on this opportunity to provide affordable incubators and brooders to customers via eCommerce to meet the convenience of users. Manufacturers should increase focus on developing automated pan feeding systems that are easy to clean and assemble. Automatic layer chicken cages are gaining prominence for automating feeding, drinking, and cleaning applications. Such systems are guaranteeing energy conservation.

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Poultry Farming Equipment Market: Overview

• According to Transparency Market Research's latest research report on the global poultry farming equipment market for the historical period of 2017-2019 and the forecast period of 2021-2031, the increase in poultry consumption and demand for modern poultry farming equipment have led to high demand for poultry farming equipment worldwide
• Poultry farming equipments are machines and tools used to breed, raise, and keep poultry birds and eggs. The equipment helps in reducing manual labor and increases the efficiency and quality of poultry production. It also helps in proper monitoring of the farms and alerts in case of any suspicious activities. Poultry farming equipment includes incubators, hatchers, egg handling and collecting equipment, feeding and watering systems, waste removal systems, and housing and caging systems.
• In terms of revenue, the global poultry farming equipment market is expected to exceed a value of US$ 6.33 Bn by 2031, expanding at a CAGR of 6.1% during the forecast period

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Development of Multi-functional Poultry Farming Equipment - Key Trend of Market

• Increase in global consumption of poultry products is indirectly driving the demand for poultry farming equipment. The rise in the demand for poultry products is not only from households, but also from food chains and restaurants, as most consumers prefer having poultry meat while eating out. Multiple types of equipment are required for the healthy and safe production of birds and eggs to meet this rising demand.
• Demand for modern automatic poultry farming is positively impacting the poultry farming equipment market. Farms are adopting better machinery to ensure quality of poultry production. Quality has become crucial for poultry units due to high demand.
• Rise in the number of small and medium sized businesses in developing countries to support and promote local businesses is anticipated to propel the demand for poultry farming equipment
• Demand for cage-free systems is increasing due to rising awareness about animal welfare and cruelty-free poultry meat. Birds raised in a cage-free system are healthier as compared to caged birds. The issue of floor eggs is also less in cage-free systems. This new trend is changing the dynamics of the poultry farming equipment market.
• Farms are demanding eco-friendly and sustainable products due to environmental concerns and strict policies about carbon footprint reduction. This not only reduces carbon emission but also helps in lowering different expenses of farms. Manufacturers are investing toward product innovation to develop and provide such equipment due to the demand for eco-friendly and sustainable poultry farming equipment.
• Market players are adopting both organic and inorganic growth strategies. Manufacturers are strengthening their position either by acquiring new companies or by expanding and improving their product range of poultry farming equipment.

Increasing Demand for Poultry Farming Equipment from Asia Pacific

• Asia Pacific is expected to witness the highest growth in the poultry farming equipment market during the forecast period. Expansion of the poultry farming equipment market in emerging economies such as India and China due to increase in the number of small and mid-sized businesses, which, in turn, is boosting the poultry farming equipment market.
• Large farms in the region are expanding their operations and production capacity, which is also fueling the growth of the poultry farming equipment market
• Despite the COVID-19 crisis, Vietnam opened the largest poultry farm in Southeast Asia in December 2020. It consists of a feed mill, hatchery plant, farms, and a slaughtering & processing plant, and is expected to produce and process up to 50 million chickens per year in the first phase (2019 - 2023) and 100 million chickens per year in the second phase, by 2023.

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Poultry Farming Equipment Market: Competition Landscape

• Detailed profiles of providers of poultry farming equipment have been given in the report to evaluate their financials, key product offerings, recent developments, and strategies
• Key players operating in the global poultry farming equipment market are
o OFFICINE FACCO & C. Spa
o Big Dutchman International GmbH
o Valco Companies, Inc.
o Vencomatic Group
o Tecno Poultry Equipment
o Petersime NV
o Jamesway Incubator Company
o Jansen Poultry Equipment
o LUBING
o ME International Installation GMBH

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