The dairy herd management market focuses on the productivity and health of dairy animals. It uses smart farming techniques to save costs and helps the managers to keep count of animals, record their conception rates, births, calf age and mainly detect health-related issues in the cattle. Rising production and consumption of milk and dairy products has led to the adoption of Dairy Herd Management across the forecast period. Also, increasing farm sizes and the number of cattle with advancing government initiatives are expected to fuel the market.
Global Dairy Herd Management Market is valued at approximately USD 2.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2019-2026 and is estimated to reach USD 4.6 billion by 2026.
The regional analysis of the global Dairy Herd Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing contribution of the dairy industry, the number of dairy cows, and the large pool of dairy exports in developed countries due to the increased consumption of dairy products. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing demand for milk and milk products due to the rising population and higher disposable income levels and rapid urbanization would create lucrative growth prospects for the Dairy Herd Management market across the Asia-Pacific region.
Major market players included in this report are Delaval (Sweden), GEA (Germany), Afimilk (Israel), Boumatic (US), Fullwood (UK), Dairymaster (Ireland), Lely (Netherlands), SCR (Israel), Sum-IT Computer Systems (UK), and VAS (US)
The detailed segments and sub-segment of the market are explained below:
By Product: Automated dairy management systems, Milk management systems, Reproductive health management systems, Feeding/Nutrition management systems, Cattle management systems, Herd Health management systems, Standalone software, On-premise software, Web-based/Cloud-based software
By Application: Milk harvesting, Feeding, Breeding, Cow comfort and heat stress management, Calf management, Health management, Other Applications (genetic management, cattle sorting, weighing, and data analysis)
By End User: Small-scale Dairy Farms, Large-scale Dairy Farms, Cooperative Dairy Farms
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