Dublin, Dec. 18, 2017 (GLOBE NEWSWIRE) -- The "Automatic Feeding Market by Feeding Line (Controllers, Mixers, Distributors, Conveyors), Individual Feeding Equipment (Equine Feeders, Cow Feeders, Waterers), Livestock (Poultry, Swine, Fish, Ruminants, Equine), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global automatic feeding market is estimated at USD 4.37 Billion in 2017 and is projected to reach USD 6.30 Billion by 2022, growing at a CAGR of 7.5% during the forecast period.
The primary factors that drive the automatic feeding market are increasing consumption of meat and dairy products and benefits of automation for farmers in the livestock industry.
The increase in the number of consumers for meat and dairy products across the globe has led to an increased interest among the farmers to use automatic feeding equipment for livestock to reduce labor and increase the productivity of the animals due to precise and proper feed delivery on time. The major restraining factor for the market is the lack of standardization of automatic feeding systems.
The automatic feeding market is segmented on the basis of feeding line, individual feeding equipment, livestock, feed, and region. On the basis of feeding line, the distributors segment dominated the global automatic feeding market, followed by the conveyors segment, in 2016. Two different types of equipment are used for distribution of feed among livestock rail-guided feed wagon and self-propelled feeder. Automatic feeding equipment help to provide feed at precise and regular intervals to animals.
High set up cost is one of the major restraining factors for the market. Feeding systems require high initial investments, efficient management tools, and skilled and knowledgeable farmers for uninterrupted and effective use. Most small & medium size farms do not have the capital required to invest in such automatic feeding equipment, thus restraining the growth of this market.
AGCO Corporation (US) is likely to emerge as a leading market player in the automatic feeding market in the coming years, owing to its line of various automatic feeding equipment. The major players in automatic feeding market are AGCO Corporation (US), GEA (Germany), Delaval Holding (Sweden), Big Dutchman (US), and Kuhn (France).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automatic Feeding Market, By Feeding Line
7 Automatic Feeding Market, By Individual Feeding Equipment
8 Automatic Feeding Market, By Livestock
9 Automatic Feeding Market, By Feed
10 Automatic Feeding Market, By Region
11 Competitive Landscape
12 Company Profiles
- Agco Corporation
- Big Dutchman
- Coromall as
- Delaval Holding AB
- GEA
- Kuhn
- Lely Holding Sarl
- Pellon Group Oy
- Rovibec Agrisolutions
- Roxell
- Trioliet B.V.
- VDL Agrotech
For more information about this report visit https://www.researchandmarkets.com/research/g85d79/global_automatic?w=12