NEW YORK, Jan. 31, 2023 /PRNewswire/ — The livestock feeding systems market size is forecasted to increase by USD 2,583.84 million from 2022 to 2027, at a CAGR of 7.12%, according to the recent market study by Technavio. The growth of the market will be driven by the rising population of cattle in farms, the shift toward fresh meat products, and the presence of regulations.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including 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
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Key benefits for industry players & stakeholders –
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The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
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It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
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The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer landscape – Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
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One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
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Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
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Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by application (poultry, ruminants, swine, and others) and technology (manual, automated, robotic, and others).
Segmentation by application (Inclusion/Exclusion)
The poultry segment was valued at USD 1,802.08 million in 2017 and continue to grow by 2021. The rising demand for poultry feeding systems has encouraged major vendors to focus on strategies such as mergers and acquisitions in order to enhance their product portfolio. For instance, in September 2021, AGCO Corp. acquired Faromatics, a precision livestock farming company. Moreover, 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.
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What are the key data covered in this livestock feeding systems market report?
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CAGR of the market during the forecast period
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Detailed information on factors that will drive the growth of the livestock feeding systems market between 2023 and 2027
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Precise estimation of the livestock feeding systems market size and its contribution to the market in focus on the parent market
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Accurate predictions about upcoming trends and changes in consumer behavior
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Growth of the livestock feeding systems market industry across Europe, North America, APAC, South America, and Middle East and Africa
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A thorough analysis of the market’s competitive landscape and detailed information about vendors
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Comprehensive analysis of factors that will challenge the growth of livestock feeding systems market vendors
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Livestock feeding systems market scope |
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Report Coverage |
Details |
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Page number |
163 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.12% |
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Market growth 2023-2027 |
USD 2,583.84 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
6.18 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 34% |
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Key countries |
US, Australia, Germany, The Netherlands, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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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 |
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Market dynamics |
Parent market analysis, 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 forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents:
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 Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio