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), and By End-User (Cooperative Dairy Farms, Large-Scale Dairy Farms, and Small-Scale Dairy Farms): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global dairy herd management market was approximately USD 2.62 billion in 2018 and is expected to generate around USD 3.99 billion by 2025, at CAGR of around 6.8% between 2019 and 2025.
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 time 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.
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The inclination toward dairy herd management is increasing due to its efficiency and reduced costs. Furthermore, 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.
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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.
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This report segments the global dairy herd management market into:
Global Dairy Herd Management Market: By Application
- Health Management
- Calf Management
- Cow Comfort and Heat Stress Management
- Milk Harvesting
Global Dairy Herd Management Market: By Product
- Standalone software
- Web-Based/Cloud-Based Software
- On-Premises Software
- Automated Dairy Management Systems
- Herd Disease Management Systems
- Cattle Management Systems
- Feeding/Nutrition Management Systems
- Reproductive Health Management Systems
- Milk Management Systems
Global Dairy Herd Management Market: By End-User
- Cooperative Dairy Farms
- Large-Scale Dairy Farms
- Small-Scale Dairy Farms
Global Dairy Herd Management Market: By Region
- North America
- The U.S.
- Asia Pacific