DUBLIN--(BUSINESS WIRE)--The "Global Feed Software Market - Segmented by Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The growth of the feed software market is closely tied to the extent of integration that happens between all the components of livestock management with recent technology.
We already notice the vast number of products in the market such as feed formulation software, recipe management tools, grain and other raw-material trackers, information sharing tools and logistic support software. The importance of such tools is tremendous, but is limited by certain key questions such as: what happens if a livestock disease occurs or what fraction of feed does an animal takes in (feed intake potential).
Questions such as these cannot be answered by formulation tools alone as they require more complex understanding of the animal. Simulation models are well suited to answer such mission-critical questions.
The opportunity lies in the fact that these models can give an accurate or highly probable picture of the end-result of an animal herd. Through the use of animal simulation models, a farmer could predict feed intake potential, how much energy is spent in various bodily functions, what fraction of food taken will result in livestock weight gain and how livestock would respond to certain feed ingredients and microbes or pathogens. Unpreparedness in such issues is bound to cause monetary loss otherwise.
Increased R&D spending on such models is critical in developing such tools at affordable prices. Apart from the direct amount a farmer has to put in to buy such software, the year-on-year software upgrades can also add a continuous monetary benefit. As seen in other industries these upgrades would be necessary to properly accommodate the rapidly growing knowledge about animals and feed additives.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Overview and Technology Trends
5. Market Dynamics
6. Global Feed Software Market Segmentation, by Geography
7. Competitive Landscape
8. Company Profiles
- Adpen Laboratories Inc.
- R J Hill Laboratories Ltd
- Eurofins Scientific
- Genon Laboratories Ltd.
- Bruker Biosciences Corporation.
- Intertek Group Plc
- RL Food Testing Laboratories
- Genetic ID NA Inc.
- SGS SA
- SDK Laboratories
For more information about this report visit https://www.researchandmarkets.com/research/nqqk8m/global_feed?w=4