According to the new market research “Dairy Herd Management Market by Product (Automated Systems (Milking Parlours, Meters, Sensors, Reproductive & Health, Cattle Management), Software (On-premise, Cloud-based)), Application (Feeding, Breeding), End user (Large Farms) – Global Forecast to 2022″, analyzes and studies the major market drivers, restraints/challenges, and opportunities. The global dairy herd management market is expected to reach USD 3.55 Billion by 2022 from USD 2.42 Billion in 2016 at a CAGR of 6.7% during the forecast period.
The global Dairy Herd Management market is segmented based on product, software, application, end user and regions
Based on product, the Dairy Herd Management market is segmented into automated systems and standalone software. Automated systems dominated the market in 2017. This is largely due to the increasing mechanization in dairy farming (caused by a dearth of labor), growing preference for automated systems, and the rising demand for dairy products. The automated systems market is segmented further into milk management, feeding/nutrition management, reproductive health management, cattle management, and herd health management systems.
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Based on application, the market is segmented into milk harvesting, feeding, breeding, animal comfort & heat stress management, calf management, health management, and other applications (such as genetic management, cattle sorting, weighing, and data analysis). In 2017, the milk harvesting segment is estimated to command the largest share of the dairy herd management market. The focus of farmers towards increasing milk yield while ensuring the heath of the cattle is supporting the growth of the milk harvesting segment.
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Based on the end-user, the dairy herd management market is segmented into small-scale, large-scale, and cooperative dairy farms. The large-scale dairy farms segment is projected to show the highest growth between 2017 and 2022. Their greater production capacities serve to reduce overall product prices; this has steadily made large-scale operations more feasible overall and allowed for the number of large-scale farms to grow in recent years.
The key players in the Dairy Herd Management market are Delaval (Sweden), GEA Group (Germany), Afimilk (Israel), BouMatic (US), Fullwood (UK), Dairy Master (Ireland), Lely Holdings (Netherlands), SCR Dairy (Israel), Sum-It Computer Systems (UK), and VAS (US)
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