Id: CBI_1711 | Pages: 280 | Format : PDF | Published : | Author : Pawan Chasta | Category : IT And Telecommunications
Feeding Systems Market size is estimated to reach over USD 12,955.46 Million by 2031 from a value of USD 7,288.92 Million in 2023 and is projected to grow by USD 7,815.91 Million in 2024, growing at a CAGR of 7.5% from 2024 to 2031.
A feeding system is used to provide a nutritionally adequate amount of food to animals. The feeding system consists of various feeding equipment, such as a hopper, a feeder stand, an escapement, a vibratory feeder, and sensors. An automated production process is essential in a feeding system as parts and orients need to be placed accurately for assembly and handling. Additionally, the system supplies different parts at the necessary cadence and frequency. A food feeding system is an integration between a crop production system and livestock, where grown crops or harvested crops are fed to livestock to maintain health, reproduction, and growth.
Automation in the feeding system significantly improves consistency and efficiency by automating the separation of bulk parts and positioning them in the required orientation for seamless integration into the system. Further, the systems are designed to optimize assembly processes by maintaining flow and consistency. Additionally, the operations are fast and simultaneously ensure to meet the growing demands. An automated feeding system supports fresh feed delivery, precise ration loading, and frequency in distribution.
Thus, the rising innovations associated with automated feeding systems for efficiency and consistency are driving the feeding systems market size.
Hygiene issues are rising due to a lack of cleanliness in pipes and mixers of feeding systems, which leads to the presence of spoiled feed. The contaminated food in the feeding system often develops toxic molds, yeasts, and mycotoxins that harm animals and disrupt production. In liquid pig feed, poor hygiene results in the fermentation of feed, causing undesirable effects on livestock.
Additionally, improper handling of raw materials and feed increases the risk of pathogen contamination, leading to health challenges for animals and economic losses. Hence, the prevalence of hygiene issues is hindering the feeding systems market expansion.
Aquaculture feeding system improves efficiency in land-based fish farming. Large tanks are typically equipped with feed dispensers, including pendulum feeders, which let fish feed by themselves, and automatic feeders which feed fish automatically by broadcasting electrical signals. Feeding methods such as hand feeding, demand feeder, automatic feeder, and others ensure precision and reliability. Additionally, enhanced consistency and streamlined fish farming operations are achieved by implementing various different automatic feeding methods.
According to the analysis, the rising advancements in waterborne feeding systems are driving the feeding systems market opportunities.
Based on the technology, the market is segmented into manual feeding system and automatic feeding system.
Trends in the technology:
Automatic feeding systems accounted for the largest revenue in the overall feeding systems market share in 2023 and it is anticipated to register the fastest CAGR during the forecast period.
Based on the livestock, the market is segmented into aquaculture, poultry, swine, Bovidae, and others
Trends in the Livestock:
Bovidae accounted for the largest revenue share of the total market share in 2023.
Poultry is anticipated to register the fastest CAGR during the forecast period.
Based on the type, the market is segmented into self-propelled, conveyer feeder, and rail-guided.
Trends in the type:
The self-propelled segment accounted for the largest revenue share of 55.23% of the total feeding systems market share in 2023 and it is anticipated to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 1,824.48 Million in 2023. Moreover, it is projected to grow by USD 1,957.88 Million in 2024 and reach over USD 3,272.55 Million by 2031. Out of this, China accounted for the maximum revenue share of 32.5%. As per the feeding systems market analysis, the rising adoption of feeding systems, particularly in countries like China, India, and Japan for modernizing farming is growing. The rapid development and growing investments in increasing farming output are accelerating the feeding systems market expansion.
North America is estimated to reach over USD 3,922.91 Million by 2031 from a value of USD 2,208.42 Million in 2023 and is projected to grow by USD 2,367.97 Million in 2024. In North America, the rising demand for high-quality meat and dairy products is driving the advancements in animal feeding systems to increase the quality of the livestock industry in the region. There is an increasing adoption of self-propelled autonomous feeding mechanisms, which is further contributing to the feeding systems market demand.
The regional analysis depicts that the growing investment for innovations in feeding system technologies is driving the feeding systems market demand in Europe. Further, as per the feeding systems market analysis, the primary factor driving the market in the Middle East and African region is the sustainable production of high-quality products and livestock while maintaining and ensuring efficiency in the agriculture sector. The rising investment in feeding technologies is accelerating the demand for new-age autonomous feeding systems, in turn driving the feeding systems market size in the Latin America region.
The global feeding systems market is highly competitive with major players providing services to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the global feeding systems market. Key players in the feeding systems industry include -
Product launches:
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 12,955.46 Million |
CAGR (2024-2031) | 7.5% |
By Technology |
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By Livestock |
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By Type |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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The feeding systems market was valued at USD 7,288.92 Million in 2023 and is projected to grow to USD 12,955.46 Million by 2031.
Asia-Pacific is the region experiencing the most rapid growth in the feeding systems market.
The feeding systems system report includes specific segmentation details for technology, livestock, type, and region.
The key participants in the feeding systems market are Trioliet B.V. (Netherlands), HETWIN Automation Systems (Austria), BouMatic LLC (US), Rovibec Agrisolutions (Canada), Dairymaster (Ireland), Fishfarmfeeder (Spain), DeLaval (Sweden), RNA Automation (Germany), Pellon Group Oy (Finland), and Lely (Netherlands).