New York, NY, May 08, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Dairy Herd Management Market By Application (Health Management, Calf Management, Cow Comfort and Heat Stress Management, Breeding, Feeding, and Milk Harvesting), By Product (Standalone Software and Automated Dairy Management Systems), and By End-User (Cooperative Dairy Farms, Large-Scale Dairy Farms, and Small-Scale Dairy Farms): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global dairy herd management market was approximately USD 2.62 billion in 2018 and is expected to generate around USD 3.99 billion by 2025, at CAGR of around 6.8% between 2019 and 2025.
Dairy herd management is used to detect the health of dairy animals and their productivity. The increasing demand for milk and other dairy products is expected to drive the global dairy herd management market over the estimated time period. Moreover, the growing number of government initiatives for dairy herd management in both the developed and developing countries is likely to further drive the global dairy herd management market in the future. Technological advancements have shifted toward conventional methods, which include manual and traditional methods for dairy herd management. The inclination toward dairy herd management is increasing due to its efficiency and reduced costs. Furthermore, increasing population all across the globe is further estimated to drive the dairy herd management market over the estimated period. However, stringent policies implemented by governments and ruling authorities across various countries and enforcement of strict trade policies may hinder the growth of the global dairy herd management market.
Browse through 54 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Dairy Herd Management Market: Industry Size, Share, Applications, Trends, Growth, Analysis and Forecast, 2018–2025”.
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The global dairy herd management market is fragmented based on application, product, and end-user. By application, the market includes health management, calf management, cow comfort, and heat stress management, breeding, feeding, and milk harvesting. Based on product, the dairy herd management market includes standalone software (web-based/cloud-based software and on-premises software) and automated dairy management systems (herd disease management systems, cattle management systems, feeding/nutrition management systems, reproductive health management systems, and milk management systems). Standalone software is expected to show notable CAGR in the future, owing to various technological advancements. Based on end-user, the dairy herd management market includes cooperative dairy farms, large-scale dairy farms, and small-scale dairy farms. Small-scale dairy farms are estimated to hold a prominent market share and show significant CAGR over the estimated timeframe, due to the rising demand for dairy products.
By region, the global dairy herd management market is fragmented into the Middle East and Africa, Latin America, North America, Europe, and the Asia Pacific. Europe is anticipated to dominate the dairy herd management market globally over the projected timeline. Technological advancements coupled with the unprecedented scientific breakthroughs are likely to drive the European market.
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North America is anticipated to be a prominent region in the dairy herd management market globally over the estimated time period. Prominent investments made by major market participants to develop new technologies coupled with various government initiatives are estimated to fuel the growth of the North American dairy herd management market over the forecast timeframe.
Asia Pacific is expected to show the fastest CAGR in the upcoming years. A large population base in the Asia Pacific region, especially in India, China, and Japan, is a significant growth factor for the growth of the dairy herd management market in this region. The increasing awareness and adoption of technologically advanced techniques for herd management are economical and more efficient than conventional methods is also driving this regional market.
Browse the full “Dairy Herd Management Market By Application (Health Management, Calf Management, Cow Comfort and Heat Stress Management, Breeding, Feeding, and Milk Harvesting), By Product (Standalone Software and Automated Dairy Management Systems), and By End-User (Cooperative Dairy Farms, Large-Scale Dairy Farms, and Small-Scale Dairy Farms): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/dairy-herd-management-market
The Middle Eastern and African market is expected to hold a prominent share in the global dairy herd management market, owing to the growing penetration of the dairy industry and increasing purchasing spending power of the regional population.
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Some major players of the global dairy herd management market are Afimilk, Valley Agricultural Software, Sum-It Computer Systems, FarmWizard, DeLaval, Allflex Group, Infovet, Alta Genetics, Lely S.a.r.l., GEA Group, and Dairymaster.
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This report segments the global dairy herd management market into:
Global Dairy Herd Management Market: By Application
- Health Management
- Calf Management
- Cow Comfort and Heat Stress Management
- Breeding
- Feeding
- Milk Harvesting
Global Dairy Herd Management Market: By Product
- Standalone software
- Web-Based/Cloud-Based Software
- On-Premises Software
- Automated Dairy Management Systems
- Herd Disease Management Systems
- Cattle Management Systems
- Feeding/Nutrition Management Systems
- Reproductive Health Management Systems
- Milk Management Systems
Global Dairy Herd Management Market: By End-User
- Cooperative Dairy Farms
- Large-Scale Dairy Farms
- Small-Scale Dairy Farms
Global Dairy Herd Management Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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