Key players in the dairy herd management market include BouMatic (U.S.), Dairy Master (Ireland), Infovet (India), Lely Holdings S.A.R.L (Netherlands), SCR Dairy, Inc. (Israel), Sum-It Computer Systems, Ltd. (U.K.), and Valley Agriculture Software (U.S.).
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Global dairy herd management market projected to grow at a CAGR of 7.8%, and reach a value of USD 2.90 Billion by 2021. Increasing herd size of dairy farms & growing production & consumption of milk and dairy products across various regions are major factors driving growth of market.
In, dairy herd management market report has been segmented into hardware and systems and standalone software.
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The hardware & systems segment is estimated to account for largest share of the dairy herd management market in 2016; this large share is attributed to rising demand for herd management systems as well as dairy products, increasing preference for automated hardware and systems, technological advancements, and increasing number of dairy cattle globally.
- Dairy herd management hardware and system manufacturers and vendors
- Associations related to dairy herd management, medium-scale, and large-scale dairy farms
- Research and consulting firms
- Dairy herd management software manufacturers and vendors
The growth of dairy herd management market is primarily driven by increasing herd sizes in dairy farms and rising consumption of milk and dairy products across globe. Geographically, Europe is estimated to command largest share of global dairy herd management market in 2016, followed by North America.
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The global dairy herd management market is dominated by Europe, followed by North America. The Asia-Pacific region is expected to grow at the highest CAGR in the next five years.
Factors such as growing demand for milk and milk products primarily due to the rising population, disposable incomes, and rapid growth in urbanization across Asia-Pacific region are propelling the growth of the market in the Asia-Pacific region.
1 Dairy Herd Management: Market Overview
2 Regional Analysis: Dairy Herd Management Market, By Product, 2016 vs. 2021 (USD Million)
3 Dairy Herd Management Market Growth Rate, By Product and Region (2016–2021)
4 Dairy Herd Management Market, By Application
In dairy heard management market, the increasing number of dairy cows, high efficiency ratio along with positive growth rate of milk production, significant contribution of dairy industry, and large pool of dairy exports in Europe are driving market growth in region.
Click now for more Details, Queries and More Information on this study “Dairy Herd Management Market by Product (Hardware (Milk, Fertility, Feeding, & Cattle Management Systems), Software (On-Premise & Web-Based)), Application (Milk Harvesting, Reproduction, Heat Stress, & Calf Management), and Region - Global Forecast to 2021” report @ www.rnrmarketresearch.com/contacts…ount?rname=196836 .
On basis of application, dairy herd management market is segmented into milk harvesting, reproduction management, animal comfort, calf management, feeding management, heat stress management, & other applications (genetic management, cattle sorting, weighing, data analysis, decision support, & financial management). Milk harvesting segment is expected to account for largest share of dairy herd management market in 2016.
A number of factors such as increasing preference for automated milk harvesting systems, high focus of farmers towards increasing milk yield, and growing demand for dairy products are driving the market growth in this application segment. By region, the dairy herd management market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
As of 2016, Europe is estimated to account for the largest share of the global market, followed by North America.
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