Automated Feeding Systems Market: Insights into Market Size, Demand, and Future Growth Opportunities

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Automated Feeding Systems Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $6.67 billion In 2028 At A CAGR Of 7.7% :

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.

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Automated Feeding Systems Market Major Segments
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

Key Driver - Automated Feeding Systems Market Driven by Increasing Livestock Production

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.

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Prominent Trend - Revolutionizing Sow Feeding With Innovative Automation Technology

Major companies operating in the automated feeding systems market are concentrating on new innovative products, such automatic dispenser, to provide a premium, automatic feeding solution that makes feeding easier and more precise. This automatic dispenser is designed for individual feeding of sows, allowing every sow to be fed at the same time, reducing waiting times and stress. For instance, in September 2023, ROXELL, s.r.o., a Czech Republic-based automated feeding equipment manufacturer, launched a new Dos7 dispenser for sows, which is an automatic dispenser for individual feeding of sows. It is equipped with features to make farmers' lives easier and feeding times calmer. The dispenser is designed for modern pig farming, offering high-precision feeding, easy cleaning for maintaining hygiene, and the capability to handle all types of feed, including treat foods and enrichment materials. It can be set to follow a high-precision feeding regime of choice with one or more feeding times per day. Additionally, these features make the dispenser a valuable asset for modern pig farming, offering benefits such as precise feeding, hygiene, and overall improved animal well-being.

Automated Feeding Systems Market 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

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Largest And Fastest Growing Region In The Market
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.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automated Feeding Systems Market Report Structure
3. Automated Feeding Systems Market Trends And Strategies
4. Automated Feeding Systems Market - Macro Economic Scenario
5. Automated Feeding Systems Market Size And Growth
…..
27. Automated Feeding Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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