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Key Influencer in the Dairy Herd Management Market 2025: Impact Of Increasing Dairy Farm Productivity On The Dairy Herd Management Market Driver
What combination of drivers is leading to accelerated growth in the dairy herd management market?The upward trajectory of the dairy herd management market is being fuelled by an increase in dairy farm productivity. This productivity alludes to the effectiveness and yield of milk production accomplished within a dairy farm. With dairy herd management systems, users are given the necessary tools and data to improve herd health, reproductive proficiency, feed management, and total farm efficiency. The Bureau of Agricultural and Resource Economics and Sciences (ABARES), a federal investigation wing of the Australian Government Department of Agriculture, Water, and Environment, reported that in the 2022-2023 term, the Australian dairy industry set a record in farm cash income. Each farm had an average yield of $361,000, marking a 10% escalation from the former year. Consequently, the rise in dairy farm productivity is stimulating the expansion of the dairy herd management market.
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What is the projected compound annual growth rate (CAGR) of the dairy herd management market from 2025 to 2034, and what factors influence it?
In recent times, the market size of dairy herd management has witnessed significant growth. It is estimated to increase from $4.48 billion in 2024 to $4.86 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.3%. The expansion during the past period owes its success to factors such as the swelling size of dairy farm herds, escalating demand for dairy goods, mounting milk and dairy product production and consumption, growing craving for dairy items, and a focus on environmental sustainability.
Anticipations for the dairy herd management market indicate significant expansion in the imminent years, with projections setting it at $6.73 billion by 2029, boasting a compound annual growth rate (CAGR) of 8.5%. Various factors will contribute to this rise during the forecast period, such as increased prospects in developing economies, expanding capitals and financial backing aimed at dairy farm progression, emphasis on animal well-being, and the worldwide expansion of the dairy sector. Notable trends within this period comprise the scarcity of trained dairy experts, technological innovation, mechanization and robotics, remote monitoring technologies, and data forecasting.
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How are the latest trends influencing the growth of the dairy herd management market?
Leading companies in the dairy herd management market are introducing pioneering products like farm management software systems to automate dairy farming operations. Farmers can leverage this software to streamline and manage their activities efficiently. For instance, in 2024, Afimilk Agricultural Cooperative Ltd., a US-based firm specialising in the development, production, and marketing of cutting-edge computerised systems for contemporary dairy farms and herd management, introduced AfiFarm 5.5, their latest herd management software. This software is comprehensive, user-friendly, flexible to suit a farm's specific needs and easily accessible. It comes with a new set of features and enhancements and proves integral to the automation and management of dairy farms. The software's capabilities extend to cow monitoring, fertility alert management, parlor automation, and data exchange management. The design of the software prioritises user-friendliness and power.
What are the major segments of the dairy herd management market and their role in driving growth?
The dairy herd management market covered in this report is segmented -
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
Subsegments:
1) By Hardware: Milking Systems, Sensors And Monitoring Devices, Automatic Feed Systems, RFID Tags And Readers
2) By Standalone Software: Herd Management Software, Milk Production Tracking Software, Health And Breeding Management Software
3) By Other Products: Data Management Solutions, Mobile Applications For Herd Monitoring, Veterinary Health Solutions
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Which regions are key players in the growth of the dairy herd management market?
North America was the largest region in the dairy herd management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dairy herd management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the dairy herd management market?
Major companies operating in the dairy herd management market are 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.)
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What Is Covered In The Dairy Herd Management Global Market Report?
• Market Size Forecast: Examine the dairy herd management market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the dairy herd management market for a structured understanding.
• Key Players Overview: Analyze major players in the dairy herd management market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dairy herd management market.
• Segment Contributions: Evaluate how different segments drive overall growth in the dairy herd management market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dairy herd management market.
• Industry Challenges: Identify potential risks and obstacles affecting the dairy herd management market.
• Competitive Landscape: Review strategic developments in the dairy herd management market, including expansions, agreements, and new product launches.
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