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Milking Automation Market Will Reach USD 1,796 Million by 2030

03-23-2023 01:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Milking Automation Market Will Reach USD 1,796 Million by 2030

The milking automation market was USD 1,030 million in 2022, and it is predicted to reach USD 1,796 million by 2030, rising at a rate of 7.20% during the forecast period as per a report by a market research institution, P&S Intelligence.

This is mainly credited to the reduction of labor expenses with the use of automated animal husbandry technology.

Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/milking-automation-market/report-sample

Additionally, farm acquisition with the rising demand for purity and high-quality dairy products, government support for automation farming, and the increasing average herd size is driving the industry.

The milking automation market was dominated by the dairy and cattle category in 2022, and it will continue its dominance in the years to come.

Brazil, India, the U.S., Pakistan, and China are the major milk producers in the world, due to their massive cattle population. The largest cow milk producers are in the U.S. and India.

The highest revenue was generated by the hardware category, and it will continue like this in the future. Hardware is the main part of an automated milking system. Parlors and dairy farms all over the globe are adopting pipeline milking systems and automated milking equipment.

As a result of the rapid economic development and rising demand for milk in Malaysia, Japan, China, India, and Singapore, APAC will propel at the highest rate of 8.1%.

In the APAC, the largest share is held by China, Australia, and India combined, due to their massive population growth. Additionally, customers are more aware of the quality of dairy products. The automated milking rotaries help in ensuring better product quality by allowing easier and effective cleaning.

Dairy farmers in developing countries are accelerating the adoption of milking automation systems by acquiring smaller businesses and combining them with larger ones because it is every now and then impossible for small farms to retain the staff or implement the technology.

Additionally, the implementation of advanced systems and the number of milking points have been driven by the increasing herd size in India, the U.S., New Zealand, and Australia. By adopting automated milking systems and other advanced technology, the problems of staff retainment can be eliminated.

To meet the demand for milk, small and medium-scale farms are working together by adopting automated milking.

Browse full report at: https://www.psmarketresearch.com/market-analysis/milking-automation-market

Moreover, due to the rising focus of governments around the world on dairy farming, growing herd size, and the increasing income of farmers in under-developed regions, the demand for advanced milking solutions will increase significantly.

Due to the increasing herd size, strong government support for automated animal husbandry, rising demand for milk, the milking automation industry will grow significantly in the near future.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blogs: https://worldwideanalysistrends.blogspot.com/
Follow Us: https://www.linkedin.com/company/pnsintelligence/

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