Automated Feeding Systems Market Research Report - Global Forecast till 2024
Automated Feeding Systems Market report predicts impressive growth by 2024 just published
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Copyright Š 2017 Market Research Future.
Automated Feeding Systems Market Research Report - Global Forecast till 2024
1 Summary Global Automated Feeding Systems Market Research Report: Information by Livestock (Ruminants, Swine, Poultry and others), Type (Rail-Guided Feeding Systems, Conveyor Feeding Systems and Self-Propelled Feeding Systems), Integration (Fully Integrated and Non-Integrated) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2024
Key Players: Agco Corporation (US) Sum-It Computer Systems (UK) GEA (Germany) Delaval (Sweden) Boumatic LLC (US) Fullwood Packo (UK) Afimilk (Israel)
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Copyright Š 2017 Market Research Future.
Automated Feeding Systems Market Research Report - Global Forecast till 2024
2 Market Overview Global Automated Feeding Systems Market is estimated to reach USD 5.6 billion in 2019 and is expected to register a CAGR of 7.5% during the forecast period of 2019 to 2024. Automated feeding systems have gained popularity in the last few years due to the increasing preference of livestock farm owners to automate the processes to reduce operating costs and losses occurring during the manual feeding. Large farm sizes, along with the need to increase productivity, and optimization of the operational costs are the major factors impacting the growing preference for automatic feeding system by the farmers. The market players are continuously investing in the product innovation, creating new opportunities in the market. However, the high set up costs associated with the automatic feeding systems may discourage the small and medium livestock farmers, restraining the growth of the market.
Regional Analysis: The market in Europe is expected to dominate the global market for automated feeding systems during the forecast period. The reduction in expenditure incurred in manual feeding due to the adoption of automated feeding systems for livestock is a major driving factor for the market growth in the region. The market in Asia-Pacific is projected to register the highest CAGR during the forecast period. China, Japan, and Australia are expected to record a strong growth during the forecast period.
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Copyright Š 2017 Market Research Future.
Automated Feeding Systems Market Research Report - Global Forecast till 2024
3 Pages Segments The global automated feeding systems market has been segmented based on livestock, type, integration, and region.
By livestock, the global market has been classified as ruminants, swine, poultry, and others.
Based on type, the global market has been classified as rail-guided feeding systems, conveyor feeding systems, and self-propelled feeding systems.
By integration, the global market has been bifurcated into fully integrated and non-integrated.
Intended Audience Automated feeding systems manufacturers Feed manufacturers Livestock farmers Dealers and distributors Raw material suppliers and distributors Traders, exporters, and importers
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Copyright Š 2017 Market Research Future.
Automated Feeding Systems Market Research Report - Global Forecast till 2024
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Copyright Š 2017 Market Research Future.
