Middle East and Africa Dairy Herd Management Market Size is anticipated to grow at 4.44% CAGR from 2018 to 2023
Dairy herd management market is expected to witness strong growth in the coming years due to an increase in the dairy products demand among consumers. Increased labor cost coupled with cost benefits associated with automated dairy cattle management techni
(EMAILWIRE.COM, November 27, 2018 ) Dairy herd management Market Overview
Dairy herd management is a process that regulates the productivity and health of dairy animals. Growth in herd size and demand for milk and other dairy products in different regions are the major factors that drive the market growth. Moreover, dairy herd management is a cost saving process as it implements techniques of smart farming. Furthermore, an increase in the government initiatives toward dairy herd management in the developing countries is among the key driving factors for the global dairy herd management market. Be that as it may, factors such as campaigns against unethical practices with animals and lack of professionals trained in dairy management hinder the market growth.
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Dairy herd management market is expected to witness strong growth in the coming years due to an increase in the dairy products demand among consumers. Increased labor cost coupled with cost benefits associated with automated dairy cattle management techniques is expected to augment the market growth over the forecast period. A shift from traditional and manual heard management systems to dairy herd management systems due its cost benefit is further expected to drive the market. Increasing annual milk production across the globe is further expected to boost the market demand over the forecast period. Technological advancement in software used in dairy herd management systems is one of the key factors driving the market over the past few years. An increase in the population is further anticipated to boost milk products demand, which in turn is will lead to the expansion of herd management market over the forecast period. Nevertheless, low dairy herd management adoption rates in developing countries are expected to hinder the market growth over the next seven years. In addition, trade barriers coupled with stringent government regulations are expected to hamper the market growth.
Dairy herd management Market Forecast Report (2018-2023)
Middle East and Africa Dairy Herd Management Market Size is anticipated to grow at 4.44% CAGR from 2018 to 2023 and it is estimated that the Middle East and Africa market was valued at USD 0.24 billion in 2018 and is expected to reach USD 0.3 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-dairy-herd-management-market-4588/
Dairy herd management Market Segmentation
Middle east and Africa Dairy Herd Management Market is Segmentation by Product and Application. On the basis of Product, it is segmented into Hardware and Software. Hardware segment is further segmented into Milk, Fertility, Feeding, and Cattle Management Systems. Software segment is further segmented into On-Premise and Web-Based. Hardware systems accounted held the largest share in this market segment due to an increase in the demand for milk management systems. Standalone software systems are projected to register the highest growth rate due to technological advancements in automated milking systems which will further help in reducing the overall cost of dairy production. On the basis of Application, it is segmented into Milk Harvesting, Reproduction, Heat Stress, & Calf Management. The milk harvesting segment is anticipated to account for the largest share of the market in 2016. Factors such as growing preference for automated milk harvesting systems, the high focus of farmers towards increasing milk yield, and growing demand for dairy products are driving the market growth in this application segment. The reproduction management segment is projected to register the highest CAGR due to an increase in the availability of innovative reproductive technologies such as artificial insemination (AI) for proper management of cattle in the gestation period.
Middle East and Africa Dairy Herd Management Market is geographical segmentation by Middle East and Africa.
Major Players:
The major companies dominating this market for its products and services are
Afimilk Ltd.
BouMatic
Dairy Master
DeLaval
GEA Group AG
Infovet
Lely Holdings S.A.R.L
SCR Dairy Inc.
Sum-It Computer Systems Ltd
Valley Agriculture Software.
Increase in the demand for milk and milk products is as a result of the growth in the population, growth in the disposable incomes, rapid urbanization, and implementation of government initiatives towards the development of the dairy farming industry.
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Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Dairy herd management is a process that regulates the productivity and health of dairy animals. Growth in herd size and demand for milk and other dairy products in different regions are the major factors that drive the market growth. Moreover, dairy herd management is a cost saving process as it implements techniques of smart farming. Furthermore, an increase in the government initiatives toward dairy herd management in the developing countries is among the key driving factors for the global dairy herd management market. Be that as it may, factors such as campaigns against unethical practices with animals and lack of professionals trained in dairy management hinder the market growth.
Request for Sample @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-dairy-herd-management-market-4588/request-sample
Dairy herd management market is expected to witness strong growth in the coming years due to an increase in the dairy products demand among consumers. Increased labor cost coupled with cost benefits associated with automated dairy cattle management techniques is expected to augment the market growth over the forecast period. A shift from traditional and manual heard management systems to dairy herd management systems due its cost benefit is further expected to drive the market. Increasing annual milk production across the globe is further expected to boost the market demand over the forecast period. Technological advancement in software used in dairy herd management systems is one of the key factors driving the market over the past few years. An increase in the population is further anticipated to boost milk products demand, which in turn is will lead to the expansion of herd management market over the forecast period. Nevertheless, low dairy herd management adoption rates in developing countries are expected to hinder the market growth over the next seven years. In addition, trade barriers coupled with stringent government regulations are expected to hamper the market growth.
Dairy herd management Market Forecast Report (2018-2023)
Middle East and Africa Dairy Herd Management Market Size is anticipated to grow at 4.44% CAGR from 2018 to 2023 and it is estimated that the Middle East and Africa market was valued at USD 0.24 billion in 2018 and is expected to reach USD 0.3 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-dairy-herd-management-market-4588/
Dairy herd management Market Segmentation
Middle east and Africa Dairy Herd Management Market is Segmentation by Product and Application. On the basis of Product, it is segmented into Hardware and Software. Hardware segment is further segmented into Milk, Fertility, Feeding, and Cattle Management Systems. Software segment is further segmented into On-Premise and Web-Based. Hardware systems accounted held the largest share in this market segment due to an increase in the demand for milk management systems. Standalone software systems are projected to register the highest growth rate due to technological advancements in automated milking systems which will further help in reducing the overall cost of dairy production. On the basis of Application, it is segmented into Milk Harvesting, Reproduction, Heat Stress, & Calf Management. The milk harvesting segment is anticipated to account for the largest share of the market in 2016. Factors such as growing preference for automated milk harvesting systems, the high focus of farmers towards increasing milk yield, and growing demand for dairy products are driving the market growth in this application segment. The reproduction management segment is projected to register the highest CAGR due to an increase in the availability of innovative reproductive technologies such as artificial insemination (AI) for proper management of cattle in the gestation period.
Middle East and Africa Dairy Herd Management Market is geographical segmentation by Middle East and Africa.
Major Players:
The major companies dominating this market for its products and services are
Afimilk Ltd.
BouMatic
Dairy Master
DeLaval
GEA Group AG
Infovet
Lely Holdings S.A.R.L
SCR Dairy Inc.
Sum-It Computer Systems Ltd
Valley Agriculture Software.
Increase in the demand for milk and milk products is as a result of the growth in the population, growth in the disposable incomes, rapid urbanization, and implementation of government initiatives towards the development of the dairy farming industry.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/middle-east-and-africa-dairy-herd-management-market-4588
Customize Report @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-dairy-herd-management-market-4588/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results