DUBLIN--(BUSINESS WIRE)--The "Dairy Herd Management Market by Product (Automated Systems, Software), Application (Feeding, Breeding), End user (Large Farms) - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global dairy herd management market is projected to reach USD 3.55 Billion by 2022 from USD 2.57 Billion in 2017, at a CAGR of 6.7%.
Factors such as the increasing herd size of dairy farms, growing production and consumption of milk and dairy products globally, rising public-private funding and investments in dairy farming, and technological advancements are driving the growth of the dairy herd management market. However, ongoing campaigns to save dairy animals from unethical herd management practices are restraining market growth to a certain extent.
On the basis of product type, the automated dairy herd management systems market is expected to grow at the highest CAGR during the forecast period. Growing preference for automated herd management systems, increasing mechanization in dairy farming due to the dearth of labor, technological advancements by key players, increasing number of dairy cattle, and rising demand for dairy products are expected to support the growth of this market during the forecast period.
By application, the market is segmented into milk harvesting, feeding, breeding, animal comfort & heat stress management, calf management, health management, and other applications (such as genetic management, cattle sorting, and weighing). The breeding segment is expected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the rising availability of innovative reproductive technologies such as artificial insemination (AI) for proper management of cattle in the gestation period.
- Pearson International
- Sum-It Computer Systems
- Waikato Milking Systems
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Dairy Herd Management Market, By Product
7 Dairy Herd Management Market, By Application
8 Dairy Herd Management Market, By End User
9 Dairy Herd Management Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7v4xcc/dairy_herd