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Poultry Keeping Machinery Market Growth Accelerated by Rising Demand for Commercial Poultry farms

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Niranjan Mardakar
Poultry Keeping Machinery Market Growth Accelerated by Rising Demand for Commercial Poultry farms

Poultry keeping machinery helps farmers efficiently breed, feed and house poultry including eggs and broiler chickens. Equipment like egg laying cages, feeders, drinkers and housing systems help optimize production output, resource use and poultry welfare. 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 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising demand for eggs and chicken meat especially from the commercial poultry sector has been a key driver for the poultry keeping machinery market. Larger commercial poultry farms are adopting more sophisticated cage systems, feeders, drinkers and ventilation equipment to house thousands of birds. This allows for greater production economies of scale. Moreover, automated machinery requires lesser labor and can precisely control the poultry growing environment leading to more predictable outputs. The latest machineries also focus on bird welfare aspects like providing more space. As consumers increasingly demand ethically produced poultry products, machinery designed for higher welfare standards is finding more traction in the market.

Segment Analysis

The Global Poultry Keeping Machinery Market Size is dominated by the feed & water systems segment. This segment accounted for over 35% of the overall market share in 2023 owing to the high demand for automated feeding and watering systems in large-scale poultry farms. These systems help ensure hygienic and timely supply of nutrients and water to poultry birds thereby minimizing human intervention and improving efficiency.

Key Takeaways

The global poultry keeping machinery market is expected to witness high growth over the forecast period of 2023 to 2030. Rapid industrialization of poultry farming practices coupled with the growing demand for protein-rich meat is anticipated to drive the adoption of automated equipment in this industry.

Regional analysis: The Asia Pacific region currently dominates the global poultry keeping machinery market with a share of over 35% in 2023. Countries such as China, India, and Indonesia have witnessed significant growth in poultry production in recent years owing to the large consumer base and rising income levels in these nations. The proliferation of large commercial poultry farms adoption of automated equipment is elevating the demand for poultry keeping machinery in the region.

Key players operating in the poultry keeping machinery market are H.B. Fuller, Henkel AG & Co. KgaA, The Dow Chemical Company, 3M, Flint Group, Arkema Group, Ashland Inc., COIM Group, Morchem, DIC Corporation. These companies offer a wide range of poultry equipment such as feeders, waterers, egg collectors, nests, and ventilation systems.

Get More Insights On This Topic: https://www.newsstatix.com/poultry-keeping-machinery-market-size-share-analysis-2023-2030/

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