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Poultry Brooders, Feeders, And Waterers Market Growth Accelerates: Strategic Forecast Predicts $46.52 Billion by 2029
Poultry Brooders, Feeders, And Waterers
What Will the Poultry Brooders, Feeders, And Waterers Industry Market Size Be by 2025?
In recent times, the poultry brooders, feeders, and waterers market has seen significant growth. From $35.2 billion in 2024, it is projected to increase to $37.3 billion in 2025, representing a compound annual growth rate (CAGR) of 6.0%. The surge in growth during the historical period is due to the expansion of the poultry industry, increased emphasis on animal wellness, and improved efficiency and productivity.
What's the Long-Term Growth Forecast for the Poultry Brooders, Feeders, And Waterers Market Size Through 2029?
Expectations are high for the poultry brooders, feeders, and waterers market, which is projected to experience robust growth in the forthcoming years. The market is set to reach a value of $46.52 billion in 2029, expanding at a compound annual growth rate (CAGR) of 5.7%. Factors such as population growth and urbanization, food safety and hygiene, sustainability and environmental concerns, and disease outbreaks and biosecurity contribute to this growth during the forecast period. Noticeable trends for this period include automation and Internet of Things (IoT) integration, customization and flexibility, hybrid systems, data-driven decision-making, as well as market consolidation.
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What Are the Key Growth Drivers Fueling the Poultry Brooders, Feeders, And Waterers Market Expansion?
The poultry brooders, feeders, and waterers market is anticipated to grow due to the rising consumption of poultry products. This significant increase in poultry consumption can be attributed to four major factors including, substantial growth, boost in income, comparative cheaper prices of chicken to other meats, and dietary inclinations. To exemplify, a report from Gov.UK, a government agency based in the UK, unveiled that in May 2024, the total poultry meat production in the UK amplified by 5.9% compared to the production in May 2023 amounting to 162.9 thousand tons. Therefore, escalating poultry product consumption signifies an increasing demand for high-quality poultry meat, thus enhancing the market expansion of poultry brooders, feeders, and waterers market.
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What Are the Key Trends Driving Poultry Brooders, Feeders, And Waterers Market Growth?
The poultry brooders, feeders, and waterers market is observing a growing trend of utilizing IoT-based devices harmonized with equipment. These IoT systems assist farmers in making superior decisions concerning feed alterations and disease management. In addition, it enables them to monitor essential performance factors that augment production. As an illustration, in August 2023, an IoT-based IoT smart solution was introduced by Denvik Technology Pvt Ltd., a technology firm headquartered in India. Poultry farms are adopting these IoT smart solutions to boost operational efficiency, reduce expenses, and better animal well-being. By using IoT-based smart solutions, poultry producers can oversee and regulate their operations more effectively, thus ensuring optimal growth and mitigating disease risks.
How Is the Poultry Brooders, Feeders, And Waterers Market Segmented?
The poultry brooders, feeders, and waterersmarket covered in this report is segmented -
1) By Product Type: Brooders, Feeders, Waterers
2) By Operation: Automatic, Manual, Semi-Automatic
3) By Poultry: Chicken, Turkey, Duck, Other Poultry
Subsegments:
1) By Brooders: Electric Brooders, Gas Brooders, Infrared Brooders
2) By Feeders: Manual Feeders, Automatic Feeders, Hanging Feeders
3) By Waterers: Manual Waterers, Automatic Waterers, Waterers, Cup Waterers
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Which Companies Are Leading the Charge in Poultry Brooders, Feeders, And Waterers Market Innovation?
Major companies operating in the poultry brooders, feeders, and waterers market include Big Dutchman International GmbH, Officine Facco & C. Spa, Tecno Poultry Equipment Spa, Valco Companies Inc., Vencomatic Group BV, Jamesway Incubator Company Inc., LUBING Maschinenfabrik Ludwig Bening GmbH & Co. KG, ME International Installation GmbH, Chore-Time Brock International, GSI Group LLC, Farmer Automatic of America Inc., Roxell BVBA, Cumberland Poultry LLC, TEXHA PA LLC, Ziggity Systems Inc., Plasson Industries Ltd., Collinson Plc, Hyundai Rotem Company, Munters Group AB, Fancom BV, Secco International Inc., Impex Barneveld BV, HATO BV, Evergreen Micronutrients Private Limited, Farmer Automatic Industries GmbH, Jansen Poultry Equipment, VDL Agrotech BV, Vencomatic North America Inc.
Which Regions Are Leading the Global Poultry Brooders, Feeders, And Waterers Market in Revenue?
Asia-Pacific was the largest region in the poultry brooders, feeders, and waterers market in 2024. North America was the second largest region in the poultry brooders, feeders, and waterers market. The regions covered in the poultry brooders, feeders, and waterers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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