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Feeding Systems Market Growth Opportunities, Trends, Share, and Forecast to 2027

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MarketsandMarkets™

Feeding systems help identify the amount, nutrients, and quality of feed for individual animals using hardware, software, or services such as supply chain management services; climate information services; and others, which include financial management and inventory management services. It helps in ensuring that feed rations are adequately balanced with the appropriate feedstuffs of adequate quality. For example, if a ruminant is lactating, it will be provided a more calcium-rich diet compared to a non-lactating ruminant. The global feeding systems market is estimated to be valued at USD 2.7 billion in 2022. It is projected to reach USD 3.9 billion by 2027, recording a CAGR of 7.7% during the forecast period. Currently, Europe and North America dominate the global feeding systems market. Asian countries such as China and India are expected to become major contributors to the growth of the global feeding systems market shortly. In developing economies like India poultry sector is organized and has a lot of potential for the feeding systems. It is currently one of India’s fastest expanding agricultural sectors. India is currently the world's fifth-largest producer of eggs and the world's eighteenth-largest producer of broilers, according to the Agricultural & Processed Food Products Export Development Authority (APEDA) of India. 



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Primitive techniques have proved to be unsuitable for large, commercial farm operations, leading to the rising demand for feeding systems. Commercialization, the increasing size of dairy farms, and the growing demand for milk & dairy products are key drivers for the growth of the feeding systems market. Moreover, a sustained increase in the demand for high-quality meat, and poultry products is also expected to fuel the adoption of feeding systems globally. Feeding systems allow for the increase in the frequency of feed distribution with significant advantages in terms of health, convenience, safety, energy savings, and no noise. Furthermore, an automated feeding system, which is part of a feeding system, reduces labor related to the preparation of feed, distribution, and propelling the ration closer to the feeding rack.


Players in the feeding systems market are focusing on technological advancements and product developments to strengthen their presence. Continuous advancements in feeding systems technologies, in terms of automation, real-time analysis, ease of use, and improved functionality, are generating increased interest among dairy farmers in these products. For instance, in November 2018, Afimilk launched AfiFarm 5.3, a new market-leading product line of dairy management software, and Afi2Go Pro, a mobile app designed to provide the management teams with flexibility for the optimization of herds and their productivity.


The importance of feeding systems is increasing in the region due to the increasing demand for performance-boosting feed for cattle and animal welfare. There has been an increasing shift from conventional to automated systems in the region over the last 30 years due to technological advancements and the high affordability of animal rearers in the region. North American farm owners are focusing on catering to the growing demand from consumers for dairy and meat products. This has led various companies in the global market to develop innovative feeding systems such as individual feeders and group feeders.


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In North America, the demand for feeding systems has picked up rapid pace, particularly in the US. Seeing this demand, Lely (Netherlands) introduced Lely Park, its new commercial hub and complex, launched in June 2022. With this development, Lely will be able to greatly boost its production capacity to fulfill the rising needs of North American farmers.


The key players in this market include DeLaval (Sweden), GEA Group Aktiengesellschaft (Germany), Lely (Netherlands), Trioliet B.V. (Netherlands), VDL Agrotech (Netherlands), ScaleAQ (Norway), BouMatic (US), Pellon Group Oy (Finland), Rovibec Agrisolutions (Canada), CTB, Inc. (US), Afimilk Ltd. (Israel), Dairymaster (US), Maskinfabrikken Cormall A/S (Denmark), HETWIN Automation Systems GmbH (Austria), and JH AGRO A/S (Denmark).


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