The report gives a brief about feed management with growth rate, industry overview
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Since the last decade, growing number of firms began to offer software targeted for use in feed formulation, feed management, ration balancing, and quality control of the feed. In order to improve overall feed management, the importance of excellent feed software has increased significantly.
While overall animal health marketplace has continued to grow and has affected almost all veterinary practices, there have been indications that the information technology systems can have a very positive effect on improving the feed management by reducing the feed production costs. Feed production costs remain the single largest expense in the livestock sector.
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In a typical year, feed equates to approximately half of total enterprise costs. As such, it is important to minimize feed costs, without hindering production.
Feed software reduce feed production cost by enhancing pasture productivity, analyzing forages, incorporating alternative feeds, utilizing a ration balancing program, and minimizing wastes. Therefore, with the growing animal population and increasing requirements for animal performance, physical characteristics, quality and functionality, and profitability of the feed manufacturing enterprise; the adoption of feed software is expected to increase significantly in the next few years.
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The global market for feed software will increase at a CAGR of 6.2% from 2017 to 2022 to reach USD 281.9 million by 2022
Driven by the growing demand for inclusion of enzymes in feed and quality management, growing animal population, increasing demand for healthy animal food products, growing animal health expenditure and pet insurance, and reduction in feed production cost. However, shortage of veterinarians in emerging markets and low animal health awareness in developing countries is expected to hinder the growth of the market to some extent.
This report analyzes the global feed software market size for 2015, 2016, and 2017, with a forecast till 2022 by software delivery mode (on-premises, and web/cloud based), animal type (ruminants, swine, and poultry), application (feed formulation, feed management, ration balancing, and quality control), end user (feed producers, animal farmers, nutrition consultants, and veterinarians), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).
The competitive landscape of the Global Feed Software Market has also been described in high detail. The competitive landscape section of the report presents the major vendors operating in the global market.
These vendors are analyzed based on attributes such as their product profile, product introductions, SWOT analysis, and contact information. Each of the key players in the market is revealed in terms of their basic company data, key competitors, and presence of manufacturing bases.
These players are also described according to their offerings in product types and technologies, the production costs, revenue generated, and overall price of these solutions.
The key players in the global feed software market are PrairiE Systems, AFOS, Cultura Technologies, GlobalVet LINK , Easy Automation, Inc., Landmark feeds, Supervisor Systems, Cargill Incorporated, MTech-Systems, and Feedlogic Corporation.
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In conclusion, the global Feed Software market standing in the past years and in the coming years is determined by its performance up until now. Results are supported by various sources and market research techniques, all of which are verified.
Then, the report explores the major industry players in detail. In order to identify the existing hierarchy in this market, analysts have reviewed the profiles of the key market participants, using several analytical tools, such as SWOT analysis.
Table of Contents
Global Feed Software Market Research Report
Chapter 1 Feed Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Feed Software Market Forecast
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