Global Outlook on the $3.55 Billion Dairy Herd Management Market to 2022 - ResearchAndMarkets.com

DUBLIN--()--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 ResearchAndMarkets.com's 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%. This report broadly segments the dairy herd management market into product, application, end user, and region.

On the basis of product, the market is categorized into automated dairy herd management systems and standalone software. In 2017, the automated dairy herd management systems segment is expected to account for the largest share of the market. The large share of this segment can be attributed to the growing preference for automated herd management systems, increasing mechanization of dairy farming due to a dearth of labor, increasing number of dairy cattle globally, and the rising demand for dairy products.

Based on 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, weighing, and data analysis). In 2017, the milk harvesting segment is estimated to command the largest share of the dairy herd management market. The focus of farmers towards increasing milk yield while ensuring the heath of the cattle is supporting the growth of the milk harvesting segment.

By end-user, the market is segmented into small-scale dairy farms, large-scale dairy farms, and cooperative dairy farms. In 2017, small-scale dairy farms are expected to account for the largest share of the dairy herd management market. The growing demand for dairy products and increasing support from various public-private organizations for small-scale dairy farmers in developing countries are the major factors driving the demand for dairy herd management products in this end-user segment.

Market Dynamics

Drivers

  • Increasing Herd Size of Dairy Farms
  • Increasing Production and Consumption of Milk & Dairy Products
  • Technological Advancements
  • Substantial Cost Savings Associated With Dairy Herd Management
  • Rising Investments and Funding Towards the Development of Dairy Farms

Restraints

  • Ongoing Campaigns to Save Dairy Animals From Unethical Practices

Opportunities

  • Emerging Markets
  • Rapid Urbanization

Challenges

  • Trade Barriers
  • Environmental Issues Resulting From Dairy Farming
  • Dearth of Trained Dairy Professionals

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Global Market, By Product

7 Global Market, By Application

8 Global Market, By End-User

9 Global Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Afimilk
  • Boumatic
  • Dairymaster
  • Delaval
  • Farmtec
  • Farmwizard
  • Fullwood
  • GEA
  • Lely
  • Pearson International
  • SCR
  • Sum-IT Computer Systems
  • Trioliet
  • VAS
  • Waikato Milking Systems

For more information about this report visit https://www.researchandmarkets.com/research/hgc5zz/global_outlook_on?w=4

Contacts

ResearchAndMarkets.com
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Related Topics: Livestock

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Livestock