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Poultry Feed And Food Automation Is Fastest Growing Segment Fueling The Growth Of Poultry Keeping Machinery Market

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Leena Shedmake
Poultry Feed And Food Automation Is Fastest Growing Segment Fueling The Growth Of Poultry Keeping Machinery Market

The global Poultry Keeping Machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 3.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:


Poultry keeping machinery includes equipment used for feeding, watering, egg collection, lighting, sorting and transportation in poultry farms. Automatic and mechanized equipment helps to increase productivity and efficiency of poultry farms.


Market key trends:


One of the major trends in the global poultry keeping machinery market is the growing automation in poultry feed and food distribution systems. Automated poultry feed distribution helps to precisely control the amount and timing of feed given to poultry. It also eliminates manual labor requirements. Precise automation of feed and food distribution helps to improve health and growth rates of poultry. This is driving the demand for automated poultry feeding systems in the market.


Segment Analysis


The global poultry keeping machinery market is segmented by product type, automation grade, and region. By product type, the feeders segment held the largest market share in 2023 and is expected to remain dominant over the forecast period. Feeders accounted for around 35% of the overall market in 2023 owing to the necessity of feeding chickens and other poultry at regular intervals. By automation grade, the semi-automatic segment held the largest share in 2023 and is projected to exhibit significant growth over the forecast period. Semi-automatic machines allow for minimum supervision and reduce labor costs, thus driving their adoption.


Key Takeaways


The Global Poultry Keeping Machinery Market Demand is expected to witness high growth, exhibiting a CAGR of 3.4% over the forecast period from 2023 to 2030, due to increasing demand for poultry meat and eggs globally. The market size for 2023 is estimated at US$ 5563.33 Mn.


Regional analysis - Asia Pacific dominated the market in 2023 and is projected to maintain dominance through 2030. China, India, and other developing countries in the region account for over 60% of poultry meat and egg production globally due to growing population and increasing demand for protein-rich food.


Key players - Key players operating in the poultry keeping machinery market are Jansen Poultry Equipment, Petersime NV, Vencomatic Group, Big Dutchman International GmbH, Valco Companies, Inc., TEXHA PA LLC, Hartmann Lebensmitteltechnik Anlagenbau GmbH, and HAMEX-GROUP. These players are focusing on technological advancements to automate poultry farming processes and reduce production costs.


Explore more information on this topic, Please visit-    

https://www.marketwebjournal.com/poultry-keeping-machinery-market-share-size-and-growth-share-trends-analysis-demand-forecast/ 

 

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