Industrial, Manufacturing & Heavy Industry Market News

Europe dairy herd management market to grow at CAGR of 7.97% forecast 2016-2021 according to new research report

Industrial Market Research

Europe Dairy Herd Management Market By Product (Hardware (Milk, Fertility, Feeding, & Cattle Management Systems), Software (On-Premise & Web-Based))

Europe Dairy Herd Management Market Size is anticipated to grow at 7.97% CAGR from 2016 to 2021 and it is estimated that the Europe market was valued at USD 0.64 billion in 2016 and is expected to reach USD 0.93 billion by 2021.Dairy herd management is a process that regulates the productivity and health of dairy animals. Growth in herd size and demand for milk and other dairy products in different regions are the major factors that drive the market growth.

Moreover, dairy herd management is a cost saving process as it implements techniques of smart farming. Furthermore, an increase in the government initiatives toward dairy herd management in the developing countries is among the key driving factors for the global dairy herd management market.

Be that as it may, factors such as campaigns against unethical practices with animals and lack of professionals trained in dairy management hinder the market growth.

View Full Report: www.marketdataforecast.com/market-…ment-market-4585/ Make an Inquiry about this news

Dairy herd management market is expected to witness strong growth in the coming years due to an increase in the dairy products demand among consumers. Increased labor cost coupled with cost benefits associated with automated dairy cattle management techniques is expected to augment the market growth over the forecast period.

A shift from traditional and manual heard management systems to dairy herd management systems due its cost benefit is further expected to drive the market. Increasing annual milk production across the globe is further expected to boost the market demand over the forecast period.

Technological advancement in software used in dairy herd management systems is one of the key factors driving the market over the past few years. An increase in the population is further anticipated to boost milk products demand, which in turn is will lead to the expansion of herd management market over the forecast period.

Nevertheless, low dairy herd management adoption rates in developing countries are expected to hinder the market growth over the next seven years. In addition, trade barriers coupled with stringent government regulations are expected to hamper the market growth.

Report: www.marketdataforecast.com/market-…ment-market-4585/ Make an Inquiry about this news

Market Segmentation                                                                                              

Product                                                                        

Introduction                                                           

Hardware                                                

Milk Management Systems                                         

Fertility Management Systems                                   

Feeding Management Systems                                  

Cattle Management Systems                                      

Accessories                                         

Standalone Software                                                          

On-Premise Software                                     

Web-Based/Cloud-Based Software                                          

Y-o-Y Growth Analysis, By Product                                                              

Market Attractiveness Analysis, By Product                                                            

Market Share Analysis, By Product                                                              

Application                                                                 

Introduction                                                           

Milk Harvesting Management                                                       

Reproduction Management                                                            

Feeding Management                                                       

Heat Stress Management

Animal Comfort Management                                                        

Calf Management                                                                

Other Apllications                                                

Y-o-Y Growth Analysis, By Application                                                         

Market Attractiveness Analysis, By Application                                                      

Market Share Analysis, By Application                                              

Europe Dairy Herd Management Market Segmentation by Product and Application. On the basis of Product, it is segmented into Hardware and Software.

Hardware segment is further segmented into Milk, Fertility, Feeding, and Cattle Management Systems. Software segment is further segmented into On-Premise and Web-Based.

Hardware systems accounted held the largest share in this market segment due to an increase in the demand for milk management systems. Standalone software systems are projected to register the highest growth rate due to technological advancements in automated milking systems which will further help in reducing the overall cost of dairy production.

On the basis of Application, it is segmented into Milk Harvesting, Reproduction, Heat Stress, & Calf Management. The milk harvesting segment is anticipated to account for the largest share of the market in 2016.

Factors such as growing preference for automated milk harvesting systems, the high focus of farmers towards increasing milk yield, and growing demand for dairy products are driving the market growth in this application segment. The reproduction management segment is projected to register the highest CAGR due to an increase in the availability of innovative reproductive technologies such as artificial insemination (AI) for proper management of cattle in the gestation period.

Report: www.marketdataforecast.com/market-…rket-4585/inquire Make an Inquiry about this news

Europe Dairy Herd Management Market geographical segmentation by Germany, Italy, France, U.K. and Spain. Europe is estimated to account for the largest share of the dairy herd management market.

An increase in the number of dairy cows, high efficiency ratio along with positive growth rate of milk production, a significant contribution of dairy industry and large pool of dairy exports in Europe are key driving factors of the market in the region.

The major Europe Dairy Herd Management Market Leaders are Afimilk Ltd., BouMatic, Dairy Master, DeLaval, GEA Group AG, Infovet, Lely Holdings S.A.R.L, SCR Dairy Inc., Sum-It Computer Systems, Ltd, and Valley Agriculture Software.

 

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany about: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...
This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information:

Make an Inquiry about this report HERE!
  • www.marketdataforecast.com
  • www.marketdataforecast.com/market-…ement-market-4585
  • www.marketdataforecast.com/market-…rket-4585/inquire
  • www.marketdataforecast.com/blog