by Poultry keeping machinery consists of automated equipment and systems used for management of poultry farms. Key products include feeding systems, watering systems, cleaning systems, egg collection systems, sorting systems among others. Poultry keeping involves maintaining flocks of chickens, ducks, turkeys and other domestic fowl for purposes of farming eggs, meat and feathers. Growing population and per capita consumption has increased demand for poultry products globally. However, shortage of labor in rural areas has prompted farmers to adopt automated systems. Automated poultry farming allows for consistent production with minimal human intervention and oversight.
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 Dynamics:
The rising demand for automated poultry farming systems is a key driver propelling growth of the poultry keeping machinery market. Automated feeding, watering, cleaning, egg collection and sorting systems boost efficiency while reducing labor costs. Additionally, these systems ensure hygienic conditions and optimal nutrition intake for poultry, which leads to improved health and higher yield. The precision and consistency delivered by automated poultry equipment translates to increased returns on investment for farmers. While initial investment may be high, automated systems pay for themselves within 1-3 years through cost savings and enhanced output. This factor is encouraging more poultry producers to incorporate machinery for efficient management of large flocks.
Segment Analysis
The Global Poultry Keeping Machinery Market Share is dominated by the automated feeding sub-segment. Mechanized feeding technology in poultry farming provides consistency in feeding, it reduces wastage and optimizes production costs. Automated feeding systems allow optimized feeding schedules with exact feed portions and support better animal welfare with minimal human intervention.
PEST Analysis
Political: Stringent regulations around animal welfare and environment protection are positively impacting adoption of automated poultry keeping machinery. Certain trade policies by governments related to poultry imports-exports also impact market dynamics.
Economic: Growth in demand for poultry meat and eggs globally is driving investments in poultry production. Mechanization allows higher yields with optimal resource utilization and supports higher profit margins.
Social: Rising health awareness is increasing consumption of poultry over red meat in many countries. Consumers prefer poultry raised through humane and sustainable practices. This accelerates uptake of technologically advanced poultry machinery.
Technological: Development of IoT and data analytics enables remote monitoring and management of poultry operations. Precision farming technologies optimized feeding and facilitate early disease detection.
Key Takeaways
The global poultry keeping machinery market is expected to witness high growth supported by rising demand for poultry products and focus on operations efficiency. 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.
The Asia Pacific region dominated the market in 2023 led by China, which accounts for over 50% of the global poultry production. In India and Southeast Asian countries, government efforts to increase mechanization in poultry farming are boosting adoption. China has the world’s largest poultry production primarily through industrialized farms, while growth in India and Vietnam is backed rising consumption and government initiatives.
Key players related content comprises
Key players operating in the poultry keeping machinery market are BMW Group, Daimler, Ford Motor, General Motors, Honda Motor, Hyundai Motor, SAIC Motor, Stellantis, Toyota Motor, Volkswagen Group, and others. Companies are focused on developing integrated solutions for ventilation, feeding, housing and manure handling through innovation and partnerships.
Note:
Source: Coherent Market Insights, Public sources, Desk research
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