July 4, 2024

Poultry Keeping Machinery Market, Overview, key trends, Key Takeaways

Market Overview:

Poultry keeping machinery help in automatic handling and processing of poultry including egg collection, sorting, grading and packing. It helps reduce manual labor and improve efficiency. Machinery such as feeders, waterers, egg collection systems, egg graders and packers help optimize resources and production.

Market key trends:

One of the major trend gaining traction in the market is increased adoption of automation. Integration of robotics and automation reduces dependency on manual labor and minimizes production errors. Sensors and IoT help monitor livestock health and behavior round the clock. This aids early disease detection and ensures optimum animal welfare. Adoption of automation improves productivity while lowering operational costs for poultry farms.

Segment Analysis and Key Takeaways for the given Poultry Keeping Machinery Market report:

Segment Analysis
The global poultry keeping machinery market has been segmented based on product type and region. Based on product type, the market has been segmented into feeding, watering, climate control, incubation equipment, hatcheries equipment, egg handling equipment, and others. The feeding segment dominated the market in 2019 and accounted for the largest revenue share. Feed is the primary requirement for poultry and feed intake greatly influences growth rate, production, and feed conversion efficiency of poultry species. Thus, feeding Machinery such as feeders and feed dispensers plays a crucial role and dominate the market segment.

Key Takeaways

The Global Poultry Keeping Machinery Market Demand size is expected to witness high growth, exhibiting a CAGR of 3.4% over the forecast period from 2023 to 2030, due to increasing demand for poultry meat and eggs across regions.

Regional Analysis
North America dominated the global market in 2019 and accounted for the highest market share. This can be attributed to the dominance of contract broiler production in the U.S. The Asia Pacific region is expected to grow at the fastest CAGR over the forecast period owing to rising consumption of poultry products in populous countries such as China and India.

Key Players:
Key players operating in the poultry keeping machinery market are Jansen Poultry Equipment, Petersime NV, Vencomatic Group, Big Dutchman International GmbH, Valco Companies, Inc., TEXHA PA LLC, Hartmann Lebensmitteltechnik Anlagenbau GmbH, and HAMEX-GROUP. These players are focusing on new product launches and mergers & acquisitions to strengthen their global presence. For instance, in 2019, Big Dutchman International GmbH launched a new smart control system for poultry farming called Smart Poultry Control.

Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it