Dairy herd management Market by By Product (Automated Systems, Standalone Software); Application (Milk Harvesting, Breeding, Feeding, Cow Comfort and Heat Stress Management, Other); End User (Cooperative Dairy Farms, Small-Scale Dairy Farms, Large-Scale Dairy Farms) and Geography: Global Market Size Estimates and Forecast (2022-2030)

The market crossed US$ 4.0 billion mark in 2022 and is expected to hit US$ 6.5 billion by 2030, recording a CAGR of 7.5% during the forecast period.

The dairy herd management market has been significantly growing with an increase in demand of dairy products among consumers.

In addition, rising public-private funding and investments in dairy farming and technological advancements are further aiding market growth. In 2021, the hardware segment dominate the market owing to an increase in demand for milk management systems. However, standalone software systems are projected to register high growth rates during the forecast period.

Within the report, the market is segmented into product, application, end-user, and geography. By product, the market is bifurcated into automated systems and standalone software. By application, the market is segmented into milk harvesting, breeding, feeding, cow comfort, and heat stress management, others. Based on end-user, the market is divided into cooperative dairy farms, small-scale dairy farms, and large-scale dairy farms. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Growing adoption in emerging countries will provide future opportunity

Dairy herd management is a process that plans and manages the dairy farming of animals to increase their production. Dairy herd management products are utilized for dairy products as well as animal comfort management for a wide range of applications, including milk harvesting, feeding management, reproduction management, animal comfort management, calf management, etc. Compared to traditional dairy herd farming practise which require labor and a huge amount of time and money, dairy herd management provides high outputs at a low cost.  

The uptake of dairy herd management in emerging countries is comparatively low due to high installation prices and low awareness among the farmers. However, increasing demand for milk and dairy products, rising per capita income of farmers in developing countries, increase in size of herd, and growing focus of governments on livestock farming and the agricultural division are expected to propel the demand for advanced dairy herd management solutions in developing countries in the forecast years. Thus, emerging markets such as India, China, Turkey, and other countries are expected to offer noteworthy opportunities to key companies operating in the dairy herd management market.

Rising adoption of AI models and analytics is one of the major factors accelerating market growth.

Introducing advanced technologies such as artificial intelligence and analytics have helped compensate for their need. For example, as per the recent testimonial by the DeLaval Dairy Service, age-old dairy producers and managers said that the challenge of finding reliable labor or people forced them to adapt to machines and robots in their daily activities. As a result, they adopted using robots, which helped save the hours and the labor cost associated by up to 52-54%; moreover, it helped to increase the consistency of post-dip application, which has helped mitigate the use of laborers in the broader terms.

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Recent strategic developments in 3D cell culture market

The dairy herd management market has undergone several significant developments, and a few of these have been mentioned below:

• In 2021, Merck & Co. Inc and LIC Automation Ltd. signed an agreement with a focus to strengthen the products of the company and enhance its customer base. LICA produces and provisions focused and integrated herd management systems and milk-testing sensors for the dairy business.
• In 2021, GEA Group Aktiengesellschaft announced the launch of GEA DairyNet. This launch will help farmers in attaining more efficiency and flexibility and enhance animal welfare by collecting and examining data.
• In 2020, Afimilk Ltd. launched AfiCollar, an integrated system for milking and cow monitoring using an advanced neck collar.
• In 2019, DeLaval Inc. received a 2019 AE50 award for its system, DeLaval VMS V300, by the American Society of Agricultural and Biological Engineers (ASABE).

Several players drive the dairy herd management market by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. GEA Group Aktiengesellschaft, Afimilk Ltd., BouMatic., Fullwood Packo, SCR, DAIRYMASTER, Lely, VAS, SUM-IT, Pearson International LLC, FarmWizard., Waikato Milking Systems NZ LP., Trioliet, and FBS Systems Inc., are among the prominent players operating in the market.

Target audience for the report:

• Herd management companies
• Dairy farms
• Contract development and manufacturing organization,
• Industry associations
• Government bodies, such as regulating authorities and policymakers
• Venture capitalists, private equity firms, and start-up companies
• Dairy herd management distributors
• Drug distributors and sales firms
• End users of herd management
• Raw material suppliers
• Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

• Product:
  • Automated systems
  • Standalone software
• Application:
  • Milk harvesting
  • Breeding
  • Feeding
  • Cow comfort and heat stress management
  • Others
• End User:
  • Cooperative dairy farms
  • Small-scale dairy firms
  • Large-scale dairy firms
• Region
  • North America
  • Europe
  • Asia Pacific (APAC)
  • South & Central America
  • Middle East & Africa
• Companies profiled
  • DeLaval
  • Afimilk Ltd.
  • BouMatic
  • Fullwood Packo
  • Pearson International LLC
  • DAIRYMASTER
  • FarmWizard
  • VAS
  • Lely
  • Sum-It