04-Jun-2024 | Zion Market Research
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), By End-User (Cooperative Dairy Farms, Large-Scale Dairy Farms, and Small-Scale Dairy Farms), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032”. According to the report, the global dairy herd management market size was valued at approximately USD 4.08 billion in 2023 and is predicted to reach around USD 8.02 billion by the end of 2032, expanding at a CAGR of around 7.80% from 2024 to 2032.
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 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, the 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 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), By End-User (Cooperative Dairy Farms, Large-Scale Dairy Farms, and Small-Scale Dairy Farms), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/dairy-herd-management-market
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, 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. 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 Middle Eastern and African market is expected to hold a prominent share in the global dairy herd management market.
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.
This report segments the global dairy herd management market into:
Global Dairy Herd Management Market: By Application
Global Dairy Herd Management Market: By Product
Global Dairy Herd Management Market: By End-User
Global Dairy Herd Management Market: By Region
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