Automated Feeding Systems Market Surge Expected, Forecasted to Reach $6.67 Billion by 2033 with Efficiency and Sustainability as Key Drivers

The new report published by The Business Research Company, titled "Automated Feeding Systems Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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

Contents of the report:
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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