openPR Logo
Press release

Global Animal Feeding Equipment Market Size to Grow at a CAGR of 5.60% in the Forecast Period of 2023-2028

03-15-2023 01:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Animal Feeding Equipment Market Size to Grow at a CAGR

The 'Global Animal Feeding Equipment Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028' by Expert Market Research gives an extensive outlook of the global animal feeding equipment market, assessing the market on the basis of its segments like technology, feeder type, animal type, end user, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.

Animal Feeding Equipment Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 5.60%

New product launches, ongoing technological advancements in the management of animal feeding, an increase in the number of dairy farms worldwide, and significant cost savings connected with the management of livestock feeding, can be attributed to the rapid growth of animal feeding equipment market.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/animal-feeding-equipment-market/requestsample

Furthermore, it is anticipated that the use of varied feeding equipment for animals will be supported by the expansion in the size of dairy farms around the world, standardisation of feeding systems for improved performance, and the reduction in time and expense involved in feeding management. The rising consumer consumption of dairy and meat products is another major factor anticipated to fuel the expansion of the animal feeding equipment market.

The livestock sector is anticipated to grow significantly as a result of the growing demand for high-quality animal protein. Farmers are being encouraged to automate livestock feeding equipment by the rising demand for dairy and meat products around the world. This is done to increase animal productivity, promote sanitary enforcement, and lower labour costs. This is hence anticipated to fuel the animal feeding equipment market during the upcoming years. Meanwhile the demand for animal feeding equipment for companion animals in home settings is also on the rise as more people invest in specialised feeding equipment for their pets.

Animal Feeding Equipment Industry Definition and Major Segments

Animal feeding equipment refers to specialised devices that are used for feeding livestock and companion animals with ease, based on the species. These types of equipment are helpful in recreating natural feeding styles, encouraging animals to eat more and supporting their health. Various configurations are available for feeding individual and multiple animals at a single time.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/animal-feeding-equipment-market

Based on technology, the market is segmented into:

• Manual Animal Feeding Equipment
• Automatic Animal Feeding Equipment

The market on the basis of feeder type is divided into:

• Linear Feeder
• Automatic Feeder
• Circular Feeder

On the basis of animal type, the market is bifurcated into:

• Livestock
• Companion

Based on end user, the market is divided into:

• Home Settings
• Livestock Farms
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Animal Feeding Equipment Market Trends

One of the key market trends propelling the growth of the global animal feeding equipment market in the forecast period is the rising global food demand coupled with the expanding global population. Equipment used for feeding animals is essential for guaranteeing adequate feeding and for supplying nutrients, minerals, and vitamins to the animals. The use of animal feeding equipment for more profitable and sustainable livestock agriculture is rapidly increasing as proper nutrition helps animals grow, breed, and have a robust immune system to resist illnesses.

The growing use of electric and sustainable animal feeding equipment, which offers zero emissions and little noise, is being driven by the increase in environmental concerns. Additionally, the utilisation of renewable energy sources, such solar electricity, to run such equipment is growing, thus aiding the animal feeding equipment market. Animal feeding equipment reduces food waste while ensuring that each animal can eat in safety, comfort, and peace. It saves time and money on labour expenses related to feeding animals.

During the forecast period, the automatic animal feeding equipment segment is expected to lead the market in terms of revenue. The increase is linked to the livestock farmers' growing desire to increase the quality and productivity of their operations. These feeders are also increasing in popularity for companion animals in home settings as the pets can be fed automatically even if the owners are not home.

Key Market Players

The major players in the global animal feeding equipment market report are

• GEA Group Aktiengesellschaft
• Anderson International Corp
• Lely International N.V.
• Pellon Group Oy
• VDL Agrotech bv
• Agrologic Ltd
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

South Korea Cold Pressed Juice Market: https://www.marketwatch.com/press-release/south-korea-cold-pressed-juice-market-size-to-grow-at-a-cagr-of-31-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline

South Korea Cosmetics Packaging Market: https://www.marketwatch.com/press-release/south-korea-cosmetics-packaging-market-size-to-grow-at-a-cagr-of-11-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline

Refinery Catalyst Market: https://www.marketwatch.com/press-release/global-refinery-catalyst-market-trends-share-price-size-growth-analysis-key-players-outlook-report-forecast-2023-2028-2023-03-06?mod=search_headline

Rehabilitation Robots Market: https://www.marketwatch.com/press-release/global-rehabilitation-robots-market-size-to-grow-at-a-cagr-of-2140-in-the-forecast-period-of-2023-2028-2023-03-06?mod=search_headline

Beverage Cans Market: https://www.marketwatch.com/press-release/global-beverage-cans-market-size-to-grow-at-a-cagr-of-530-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline

Global Protective Coatings Market: https://www.expertmarketresearch.com/reports/protective-coatings-market

Global Recycled Glass Market: https://www.expertmarketresearch.com/reports/recycled-glass-market

Global Spices and Seasonings Market: https://www.expertmarketresearch.com/reports/spices-and-seasonings-market

Global Lithium-ion Batteries Recycling Market: https://www.expertmarketresearch.com/reports/lithium-ion-batteries-recycling-market

Oman Manufacturing Market: https://www.expertmarketresearch.com/reports/oman-manufacturing-market

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Animal Feeding Equipment Market Size to Grow at a CAGR of 5.60% in the Forecast Period of 2023-2028 here

News-ID: 2976575 • Views:

More Releases from Expert Market Research

Global Asset Performance Management Market Size, Share, Growth, Industry Segments, Report and Forecast 2024-2032
Global Asset Performance Management Market Size, Share, Growth, Industry Segment …
According to a new report by Expert Market Research titled, "Asset Performance Management Market Size, Share, Analysis, Report and Forecast 2024-2032″, In the ever-evolving landscape of industries, Asset Performance Management (APM) stands out as a crucial component for organizations striving to optimize operational efficiency, reduce downtime, and enhance overall productivity. As we venture into the forecast period of 2024-2032, it's imperative to delve deeper into the market dynamics, trends, and key
Carbon Footprint Management Market Share, Size, Trends, Growth, Outlook, Analysis, Report and Forecast Period of 2024-2032
Carbon Footprint Management Market Share, Size, Trends, Growth, Outlook, Analysi …
Carbon Footprint Management Market Outlook According to a new report by Expert Market Research titled, "Carbon Footprint Management Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global carbon footprint management market is projected to grow at a CAGR of 6.3% between 2024 and 2032. Aided by the escalating global concerns regarding climate change and the subsequent focus on sustainable business practices, the market is expected to grow significantly by 2032. Get
Exploring Growth Opportunities and Market Dynamics in the India POS Device Market
Exploring Growth Opportunities and Market Dynamics in the India POS Device Marke …
The India POS (Point of Sale) device market is experiencing rapid growth due to increasing digitalization, government initiatives promoting cashless transactions, and a surge in retail and e-commerce sectors. With the rising adoption of smartphones and internet penetration, mobile POS systems are becoming popular. The market is characterized by the presence of both international and domestic players offering innovative solutions to cater to the diverse needs of businesses. Factors such
Ceramic Matrix Composites Market Share, Size, Trends, Analysis, Growth, Outlook, Report and Forecast Period of 2024-2032
Ceramic Matrix Composites Market Share, Size, Trends, Analysis, Growth, Outlook, …
Ceramic Matrix Composites Market Outlook According to a new report by Expert Market Research titled, "Ceramic Matrix Composites Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global ceramic matrix composites market is projected to grow at a CAGR of 13% between 2024 and 2032. Aided by the escalating demand in aerospace, automotive, and energy sectors, the market is expected to grow significantly by 2032. Get a Free Sample Report with Table

All 5 Releases


More Releases for Animal

Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market Developing Regions to Overpower Developed Ones With Regard to Demand The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report
Animal Hormones Market Brief Analysis By Top Key Players - Bayer Animal Health, …
MarketStudyReport.com adds a new 2018-2023 Global Animal Hormones Consumption Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of Animal Hormones Market by product type, application, key manufacturers and key regions. Over the next five years, Animal Hormones market will
Global Animal Healthcare Market 2018 Key Players: Merck, Bayer Animal Health, Bo …
Animal Healthcare Market: WiseGuyReports.com adds “Animal Healthcare Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025” reports to its database. Executive Summary This report studies the global Animal Healthcare market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Animal Healthcare market by companies, region, type and end-use industry. This report focuses on the global top players, covered Merck Bayer Animal Health Boehringer Ingelheim Animal Hipra Phirbo Animal
Companion Animal Healthcare Market 2023 Leading Players | Bayer Animal Health (G …
The Global Companion Animal Healthcare Market is expected to reach USD 20 billion by 2023 at a CAGR of 9.6% during forecast period 2017 to 2023. Companion animals are pets which are kept for protection of a person, company, property or residence. These animals help to avoid theft and render safe environment. Dog and cats are the most popular pets. Companion animals play an important role in the lives of many,