Poultry Keeping Machinery Market 2024 Growth, Insights And Forecast Upto 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Poultry Keeping Machinery Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The poultry keeping machinery market size has grown strongly in recent years. It will grow from $4.53 billion in 2023 to $4.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rise in popularity of poultry items, increased demand for high-quality poultry products, emphasis on food safety, government initiatives supporting the growth of the poultry farming, population growth.

The poultry keeping machinery market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing emphasis on sustainability, increasing demand for contemporary mechanized poultry farming, shortening of delivery times due to the increase in demand for processed food in large numbers, consumer demand for organic and free-range poultry, disease prevention and biosecurity. Major trends in the forecast period include precision poultry farming, modular and scalable systems, iot and automation, energy efficiency, remote monitoring and data analytics.

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Key Market Players:

Van der Leegte Groep B.V., Vencomatic Group, Ziggity Systems Inc., AP Poultry Equipments, Texha Production Associate LLC, HAMEX-GROUP, Valco Companies, Jansen Poultry Equipment, Big Dutchman International, Hartmann Lebensmitteltechnik Anlagenbau, SKOV A/S, Chore-Time Brock, Farmer Automatic, Tecno Poultry Equipment, Facco Poultry Equipment, Munters, Roxell, Grain Systems Inc., Cumberland Poultry, Plasson Industries, Fancom BV, Agrologic LTD, Impex Barneveld BV, Lubing Systems LP, Nabel Co. Ltd., Pas Reform Hatchery Technologies, Silos Cordoba, Huabo Agricultural Equipment Co. Ltd. are prominent players in the industry.

Market Drivers:

The increase in consumption of poultry meat is expected to drive the poultry-keeping machinery market going forward. Poultry meat is defined as the safe-to-eat portion of any domestic avian species, including chickens, turkeys, and ducks, that provides high-quality animal protein and nutrient-rich food. The consumption of poultry meat is increasing due to the preference of people toward animal protein, nutrient-rich foods, and safe meat. Growing poultry for meat consumption requires a variety of equipment for the healthy and secure production of poultry. For instance, according to the US Department of Agriculture or Economic Research Service (USDA-ERS), a US-based government agency, in 2021, poultry production and sales were $ 46.1 billion, an increase of 31% from $ 35.1 billion in 2020. Therefore, the increase in consumption of poultry meat is driving the demand for the poultry-keeping machinery market.

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Market Segments Include:
1) By Type: Feeding Device, Climate Control System, Hatchery Breeding And Management, Broiler Harvesting And Slaughtering, Residue And Waste Management, Other Types
2) By Application: Feeding Chicken, Feeding Duck, Feeding Geese, Other Applications
3) By End-User: Farm, Poultry Factory

The report answers the following questions:

What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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