Press release
Evolving Market Trends In The Dairy Herd Management Industry: Innovative Farm Management Software Transforming Dairy Operations
Dairy Herd Management
What Is the Expected Dairy Herd Management Market Size During the Forecast Period?
The market for dairy herd management has seen robust growth in recent years. It is projected to expand from $4.48 billion in 2024 to $4.86 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.3%. This historic growth can be ascribed to factors such as the enlargement of dairy farm herds, escalated demand for dairy goods, and increased production and consumption of milk and dairy items. In addition, the rising demand for eco-friendly practices also drive the market growth.
Expectations indicate robust growth for the dairy herd management market in the coming years, with a forecasted increase to $6.73 billion in 2029, sustained by a compound annual growth rate (CAGR) of 8.5%. This development within the specified period is due to factors such as the expanding opportunities in burgeoning economies, investment increases and funding channeled toward the evolution of dairy farms, a sharper focus on animal welfare, and the global spread of the dairy industry. Key trends to observe within this forecast period are a scarcity of skilled dairy professionals, progress in technology, the rise of automation and robotics, the application of remote sensing technologies, and the use of predictive analytics.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14079
What Are the High-Growth Segments in the Dairy Herd Management Market?
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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14079&type=smp
What Key Drivers Are Expected to Influence Future Dairy Herd Management Market Growth?
The dairy herd management market is anticipated to grow due to an increase in dairy farm productivity. This refers to the effectiveness and milk production yield achieved by a dairy farm. Dairy herd management systems provide users with the necessary tools and knowledge to enhance herd's health, reproductive efficiency, manage feed effectively, and boost overall farm productivity. Case in point, data from the Bureau of Agricultural and Resource Economics and Sciences (ABARES), a research arm of the Australian Government Department of Agriculture, Water, and Environment, revealed that the dairy industry in Australia marked a record high in farm cash income in 2022-2023. Double-checking this, each farm made a profit of average $361,000, marking a 10% climb from the prior year. As a result, the dairy herd management market is being catalyzed by increased dairy farm productivity.
Which Companies Hold the Largest Share Across Different Dairy Herd Management Market Segments?
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.)
What Trends Are Driving Growth in The Dairy Herd Management Market?
Leading firms in the dairy herd management market are creating unique products like farm management software systems to fully automate dairy farms. This software proves to be an essential resource for farmers looking to streamline and control their activities. In the year 2024, Afimilk Agricultural Cooperative Ltd., a US-based company that focuses on the production, development, and promotion of sophisticated computerized systems for contemporary dairy farms and herd management, introduced AfiFarm 5.5, a supremely advanced herd management software. This software is comprehensive, user-friendly, customizable to cater to a farm's specific needs, and easily accessible. It comes equipped with a new array of features and enhancements, making it vital for the automation and regulation of dairy farms. AfiFarm 5.5 offers functionalities such as monitoring of cows, fertility alert management, parlour automation, and data exchange management. The software is renowned for its user-friendly interface and robust features.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/dairy-herd-management-global-market-report
What Are the Emerging Geographies for The Dairy Herd Management Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Dairy Herd Management Market?
2. What is the CAGR expected in the Dairy Herd Management Market?
3. What Are the Key Innovations Transforming the Dairy Herd Management Industry?
4. Which Region Is Leading the Dairy Herd Management Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Evolving Market Trends In The Dairy Herd Management Industry: Innovative Farm Management Software Transforming Dairy Operations here
News-ID: 4022676 • Views: …
More Releases from The Business Research Company
Global Double-Sided Masking Tapes Market Expansion at 7.8% CAGR, Valued at $18.4 …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Double-Sided Masking Tapes Market Size Forecast for 2025?
The market size of double-sided masking tapes has been experiencing consistent growth in recent years. The market will increase from a figure of $13.01 billion in 2024 to about $13.64 billion in 2025, demonstrating a compound annual growth rate…
Construction Adhesives Market on Path to Hit $18.32 Billion by 2029 at 9% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Construction Adhesives Market Outlook: What Size And CAGR Are Anticipated By 2025?
There has been a robust growth in the size of the construction adhesives market in the recent past. The market that was at $12.06 billion in 2024 is projected to rise to $12.95 billion in 2025, with a…
Future of Chromatography Resins Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Chromatography Resins Market by 2025?
In recent years, the market size of chromatography resins has experienced significant growth. Starting from a value of $2.95 billion in 2024, it is predicted to increase to $3.15 billion in 2025 with a compound annual growth…
Blow-Molded Plastics Industry Set to Achieve $128.73 Billion Milestone by 2029 | …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Blow-Molded Plastics Market Size 2025?
The market size of blow-molded plastics has seen constant enlargement in the previous few years. It is expected to rise from $97.17 billion in 2024 to $99.31 billion in 2025, at a compound annual growth rate (CAGR) of…
More Releases for Dairy
Camel Dairy Market : Market Will Hit Big Revenues In Future| Camilk Dairy, The G …
The latest survey on Camel Dairy Market is conducted to provide hidden gems performance analysis of Camel Dairy to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in…
Organic Milk Market Forecast to 2027 – Andechser Dairy, Arla Food, Aurora Orga …
The Insight Partners published a new report, titled, “Organic Milk Market”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.
The COVID-19 outbreak is currently going the…
Organic Milk Market By Key Players: Arla Food, Horizon Organic, Organic Valley, …
Organic Milk Industry Overview
Organic Milk is a type of drinking milk that made from organic raw milk with organic certification (Such as EU-Eco-regulation, USA NOP, etc.). The Organic Milk market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Organic Milk market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have…
Global Dairy Stabilizers Market to Experience Significant Growth during the Fore …
The global dairy stabilizers market is likely to foresee a tremendous rise in its demand due to the rise in consumption of dairy products. Increasing urbanization has made the trend for consumption of fast foods and processed foods which are known to have chemicals and other harmful ingredients. These products have made a harmful impact on one’s health. One of visible result of consumption of these types of foods are…
Dairy and Non-dairy Milk Market: Health Benefits of Non-Dairy Milk to Increase A …
Milk is characterized by two incredibly different markets such as dairy milk market and non-dairy milk market. Dairy market is large in size however have declining growth rate whereas, non-dairy is small but is quickly gaining traction across the globe owing to health benefits associated with it. Products with strong functional and ethical claims witnesses areas of opportunity for both milk markets and overall premiumzation of milk is likely to…
Global Organic Dairy Food and Drinks Market 2018 - DCI Cheese Company, Alto Dair …
"Accord Market, recently published a detailed market research study focused on the “Organic Dairy Food and Drinks Market” across the global, regional and country level. The report provides 360° analysis of “Organic Dairy Food and Drinks Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future…
