Enjoy complimentary customisation on priority with our Enterprise License!
The Global Livestock Feeding Systems Market size is estimated to increase by USD 2.6 billion, at a CAGR of 6.78% between 2023 and 2028. The livestock industry is experiencing significant growth due to several key factors. Firstly, the global population continues to rise, leading to an increased demand for food sources, including cattle for meat production. Secondly, there is a shifting consumer preference towards fresh and high-quality meat products, providing opportunities for farmers to specialize and meet these demands. Lastly, regulations in the livestock industry are becoming more stringent, ensuring the production of safe and ethically raised animals. As a result, the livestock sector presents a lucrative business opportunity for farmers, with potential for both local and international markets. However, it is essential to stay informed of industry trends and regulations to maintain a competitive edge.
To learn more about this report, Download the FREE Report Sample
The poultry segment is estimated to witness significant growth during the forecast period. According to the Organization for Economic Co-operation and Development (OECD), the global consumption of poultry meat is expected to reach around 150 million tons by 2029. The growth of the global population will increase the demand for poultry meat during the forecast period, which may lead to an increase in the number of poultry LSUs. The rising demand for poultry feeding systems has encouraged major companies to focus on strategies such as mergers and acquisitions in order to enhance their product portfolio.
Get a Customised Report as per your requirements for FREE!
The poultry segment was valued at USD 1.88 billion in 2018. For instance, in September 2021, AGCO Corp. acquired Faromatics, a precision livestock farming company. Faromatics is the developer of ChickenBoy, a suspended robotic system that monitors the wellness of broiler chickens and helps farmers in enhancing animal welfare and farm productivity. ChickenBoy uses artificial intelligence (AI) and other sensors for maintaining parameters such as thermal sensation, light, sound, and air quality in livestock units. These factors will boost the demand for the livestock feeding system across the globe during the forecast period.
Under technology analysis, manual livestock feeding systems are deliberately driving market growth. Manual livestock feeding systems are equipped with mixer wagons, which enable farmers to mix nutrients with the feed and ensure the equal distribution of feed to the livestock. The use of manual livestock feeding systems is also cost-effective. The companies have launched manual livestock feeding systems that are equipped with advanced features. For instance, in November 2020, Trioliet BV launched its new self-propelled diet feeder, named the Triotrac M. The manual livestock feed mixer incorporates multiple processes, such as loading, mixing, transporting, and dispensing. It enables farmers to remix and reposition the feed onto the feed table, reduces wastage, and ensures the proper distribution of the feed and nutrients. These factors will boost the demand for the livestock feeding system across the globe during the forecast period.
Europe is estimated to contribute 33% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
Livestock feeding systems have evolved significantly with the integration of advanced technologies such as GPS systems and satellite devices for remote monitoring. These systems provide real-time updates on various parameters including milk production, dairy products, air temperatures, ventilation, CO2 levels, and humidity levels. Livestock monitoring services enable farmers to identify power failures and equipment failures promptly, ensuring optimal production efficiency and feed conversion. Facial recognition technology and communication interfaces facilitate easy identification and management of livestock in the Ruminant segment, including cattle, sheep, goats, and buffaloes. The Meat products sector, including Beef consumption, also benefits from these systems in the Poultry meat sector, Swine management, Equine management, and even in Acoustic feeding technology used in Shrimp farming. Novel feeding solutions and Feeding systems technology continue to emerge, catering to the diverse needs of retail stores and various livestock categories. Key applications include Chicken meat production in Dairy, Swine, and Ruminant species.
The market research report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Global Market Customer Landscape
Livestock feeding systems play a crucial role in ensuring the health and productivity of Cows, Cattle, and other farm animals. Traditional feeding methods, such as labor-intensive activities using feeding tables, have given way to automated feeding systems. These advanced systems use feed mixes made of various feed components to optimize nutrition and farm profitability. Automated feeding systems offer benefits like efficient feed management, improved animal health, and reduced labor costs. Modern feeding systems technology includes heat detection and health monitoring using cameras and artificial intelligence. Dairy farms, in particular, have embraced these technologies to manage Dairy cattle effectively. However, the market for livestock feeding systems is not limited to Dairy farms alone. Poultry, Swine, Equine, and even Shrimp farming industries are adopting these systems. Novel feeding solutions, such as acoustic feeding technology, are also gaining popularity. The future of livestock feeding systems lies in continuous innovation and integration with other farm management systems, including Dairy management and Poultry management, to create a harmonious and profitable farming environment.
The global market experiences significant momentum propelled by the increasing population of cattle on farms. This trend arises from the growing demand for meat and dairy products, urging livestock producers to expand their herds. For instance, according to the USDA, the US boasted 9.4 million dairy cows as of January 2020, with dairy farms witnessing a 40% increase in size over the past decade. This surge in cattle numbers drives a proportional demand for cattle feed. To enhance farm profitability amidst labor shortages, farmers seek automated feeding systems capable of efficient feed management. Consequently, the rise in cattle populations is a pivotal catalyst for automated feeding system market growth, underlining the crucial role of technological advancements in livestock management within the agriculture sector.
The primary trend driving growth in the global market is the launch of new products featuring improved capabilities. To ensure optimal use of feed, farmers are increasingly turning to livestock feeding systems. This rising demand is leading companies to introduce new products with advanced features. One example of this trend is Lely's recent introduction of its new feed grabber system for the Vector automatic feeding system, which was launched in November 2020. This system is designed to improve the loading of the mixing and feeding robot and reduce wastage during distribution. In addition, it enhances the functionality and lifespan of the feed grabber bucket, resulting in reduced maintenance costs. Such innovations are expected to have a significant impact on the automated feeding systems market during the forecast period.
The need for significant initial investments is a major challenge to global market growth. companies that offer livestock feeding systems have constantly been developing and upgrading their products to provide farmers with technologies that improve the health of livestock. Such technologies monitor the feed constantly, and their use reduces the OPEX of farmers. Small and medium-sized livestock farmers often do not have the financial capabilities to acquire such technologies. Large livestock farms have several animals. Hence, they require multiple livestock feeding systems, which are expensive. The integration of such systems is also an additional expense for farmers. Hence, the need for significant initial investments is a barrier to the adoption of livestock feeding systems, especially by small and medium-sized farmers. Therefore, the need for significant initial investments is a challenge for the growth of the automated feeding systems market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
You may also interested in below market reports:
Livestock feeding systems have become an essential part of modern agriculture, particularly in dairy farms where efficient and effective feeding is crucial for the health and productivity of Cows and other livestock such as Cattle, Poultry, Pig, Equine, and Aquaculture. Traditional feeding methods, which are labor-intensive activities, have given way to automated feeding systems, which include feeding tables, pushers, and robots. These systems use feed mixes and components, such as Soybean meal, to ensure optimal nutrition for the animals. Feed management is a critical aspect of livestock farming, and technology plays a significant role in this area. Agriculture technology has led to the development of livestock breeding equipment and technology, including feeding systems, that improve farm profitability and animal health.
Automation, control devices, and distribution wagons are some of the advancements that have streamlined the feeding process. Heat detection and health monitoring systems, which use cameras and artificial intelligence, are also integrated into modern feeding systems to ensure the well-being of the animals. Labor shortage is a significant challenge in the livestock industry, and automated feeding systems help address this issue by reducing the need for manual labor. The use of Optifeeding systems, which optimize feeding based on individual animal requirements, is another trend in the livestock feeding systems market. Farmers are increasingly adopting these advanced feeding systems to improve productivity, reduce costs, and enhance animal welfare.
Market Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.78% |
Market growth 2024-2028 |
USD 2.6 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.23 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
APAC at 33% |
Key countries |
US, Germany, The Netherlands, Australia, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AGCO Corp., Big Dutchman AG Holding, Cargill Inc., CTB Inc., Dairymaster, Daviesway Pty Ltd., DeLaval International AB, Fullwood Ltd., GEA Group AG, Hetwin Automation Systems Gmbh, JH Agro AS, Lely International NV, Madison One Holdings LLC, Maskinfabrikken Cormall AS, Pellon Group Oy, Rovibec Agrisolutions, Scale Aquaculture AS, Trevaskis Engineering Pty Ltd., Trioliet BV, and VDL Agrotech BV |
Market dynamics |
Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.