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 Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Dairy Herd Management Market, along with revenue estimates & forecasts and market share analysis.
The increasing prevalence of autoimmune diseases and increasing healthcare expenditure worldwide are the major factors driving the growth of this Dairy Herd Management Market
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Dairy Herd Management Market segmentation:
- Based on Product
- Based on Application
- Based on End Users
- Based on Regions
The Major Players Opearting in the Dairy Herd Management Market:
Key players in the Dairy Herd Management Market include Delaval (Sweden), GEA (Germany), Afimilk (Israel), BouMatic (US), Fullwood (UK), Dairy Master (Ireland), Lely (Netherlands), SCR (Israel), Sum-It Computer Systems (UK), and VAS (US), among others.
DeLaval (Sweden) was the leading player in the global Dairy Herd Management Market. The company has a strong presence in North America, Latin America, East Asia, Oceania, Europe, and the Middle East & Africa.
The company has been focusing on agreements and product launches and enhancements to maintain this position in the market. During the period 2014-2017, the company introduced a number of products to the market, such as, Calf feeder CF1000S, Cell Counter ICC, and Automated Body Condition Scoring (BCS) system in the market, which has enabled it to gain a large market share.
Geographical Detailed Analysis for Dairy Herd Management Market:
Europe is the largest regional segment in the Dairy Herd Management Market followed by North America, Asia, and the Rest of the World (Row).
Growth in the Europe market is primarily driven by the increasing number of dairy cows, growing demand for high-quality milk and milk products, presence of a large number of dairy producing units, and the large volume of milk production in that region.
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