Press release
Dairy Herd Management Global Market Report 2025: Projections, Important Drivers and Key Market Trends
Steady growth is anticipated in the dairy herd management market, predicting a rise from $4.48 billion in 2024 to $4.86 billion in 2025, with an expected CAGR of 8.3%. Key contributing factors include increasing dairy farm productivity, impressive technological advancements and various emerging opportunities in developing economies.What Is The Projected Market Size Of The Global Dairy Herd Management Global Market Report 2025 And Its Growth Rate?
• The dairy herd management market size has grown significantly in recent years. It is expected to grow from $4.48 billion in 2024 to $4.86 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%.
• Reasons behind this growth include the increasing herd size of dairy farms, rising demand for dairy products, and booming consumption of milk and dairy products.
• The market size is projected to reach $6.73 billion by 2029, growing at a CAGR of 8.5%. This surge can be attributed to growth opportunities in emerging economies, increased investments in dairy farm development, a focus on animal welfare, and the globalization of the dairy industry.
What Is Driving The Growth In The Dairy Herd Management Global Market Report 2025?
The surge in dairy farm productivity plays a significant role in driving the dairy herd management market. High dairy farm productivity means efficient and increased milk production. Adopting dairy herd management systems optimizes herd health, reproductive efficiency, feed management, enhancing the overall productivity. In 2022-2023, the Australian dairy industry reported a record-high in farm cash revenue ($361,000 per farm), reflecting a 10% increase from the previous year. This data indicates the increasing productivity of dairy farms and, consequently, market growth.
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Who Are the Key Players Driving Dairy Herd Management Global Market Report 2025 Growth?
• Merck and Co. Inc.
• DeLaval Inc.
• GEA Group Aktiengesellschaft
• Pearson International LLC
• Dun & Bradstreet Inc.
• Nedap NV
• Fullwood Packo
• Trioliet
• Dairy Master Inc.
• BouMatic LLC
• Alta Genetics Inc.
• SCR Dairy Inc.
• Waikato Milking Systems
• Afimilk Agricultural Cooperative Ltd
• Milkline
• Valley Agriculture Inc.
• Herdwatch
• Mesoblast Ltd
• Farmtec
• SUM-IT
• FarmWizard
• FBS Systems Inc.
• Infovet S.R.L.
• Lely Holdings (S.A.R.L.)
What Are The Key Trends In The Dairy Herd Management Global Market Report 2025?
Key trends in the forecast period include:
• A shortage of trained dairy professionals
• Technological advancements
• Increased use of automation and robotics
• Growth in remote sensing technologies
• The rise of predictive analytics
What Are The Segments Of The Global Dairy Herd Management Global Market Report 2025?
1) By Product Type: Hardware, Standalone Software, Other Products
2) By Application: Milk Harvesting, Feeding, Breeding, Cow Comfort And Heat Stress Management, Calf Management, Health Management, Other Applications
3) By End-User: Small-Scale Dairy Farms, Large-Scale Dairy Farms, Co-operative Dairy Farms
Which Region Leads The Dairy Herd Management Global Market Report 2025?
In 2024, North America was the largest region in the dairy herd management market. Expected to be the fastest-growing region, Asia-Pacific, along with Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, have all been covered in the dairy herd management market report.
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What Is Covered In The Dairy Herd Management Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Dairy Herd Management Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Dairy Herd Management Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Dairy Herd Management Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dairy Herd Management Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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