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Poultry Keeping Machinery Market demand is Accelerated by Increased Automation Adoptions

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Purvaja
Poultry Keeping Machinery Market demand is Accelerated by Increased Automation Adoptions

Poultry keeping machinery consists of equipment such as feeders, waterers, egg collection equipment, brooders, colony cages, incubators, and others that assist in the rearing of poultry. The demand for poultry keeping machinery has increased with the rising consumption of poultry products globally.

The global poultry keeping machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Increased automation adoption in poultry farms is one of the key trends witnessing high momentum currently. Farmers are increasingly automating various poultry keeping processes like feed dispensing, manure scrapers, egg collection equipment, and others. This is helping boost productivity and optimize cost of production. Advanced machinery with features like centralized control panels, remote monitoring, and data analytics capabilities is gaining traction. For instance, Smart Poultry Equipment offers fully automated cage-free systems with interactive automation components. Such increased automation solutions are expected to drive the demand for advanced poultry keeping machinery market over the forecast period.


Segment Analysis

The global poultry keeping machinery market is dominated by poultry feed processing equipment segment. This segment accounted for over 30% share of the overall market in 2023. Poultry feed processing equipment such as feed mills, mixers, crushers etc. help in formulating balanced diets for poultry which promotes their growth and productivity. It also ensures uniform mixing and grinding of feed ingredients as per the nutritional requirements of poultry at different life stages. This drives the demand for advanced poultry feed processing equipment across major poultry producing countries.

Key Takeaways

The Global Poultry Keeping Machinery Market Share is expected to witness high growth over the forecast period of 2023 to 2030. The global poultry keeping machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030.\


Asia Pacific region is expected to hold over 35% share of the global poultry keeping machinery market by 2030. China dominates the regional as well as global poultry production. Rapid urbanization, changing dietary habits and rising disposable incomes are leading to increased consumption of poultry meat and eggs in the region. This is prompting poultry farmers to invest in advanced machinery to increase productivity and meet the growing demand. Additionally, government support in the form of subsidies and initiatives to promote organized commercial poultry farming is also propelling the growth of poultry keeping machinery market in Asia Pacific.

Key players

Key players operating in the poultry keeping machinery market include BMW Group, Daimler, Ford Motor, General Motors, Honda Motor, Hyundai Motor, SAIC Motor, Stellantis, Toyota Motor, Volkswagen Group, and others. These players are focusing on developing advanced and automated poultry keeping equipment integrated with IoT and data analytics to offer optimal micro-environment control and productivity to poultry farmers.

Get more insights on this topic: https://www.insightprobing.com/poultry-keeping-machinery-market-size-and-share/

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