Dairy Herd Management Market Report

Dairy Herd Management Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2015 To 2022

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  • Report ID: GVR1533
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Global dairy herd management market is expected to witness strong growth over the forecast period on account of increasing dairy products demand across the world. 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. Dairy herd management systems have been replacing the application of traditional and manual herd management techniques owing to cost benefits associated with it. This shift in demand towards automated herd management systems is 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. Numerous advantages of dairy herd management systems during pregnancy and calving are expected to aid the market growth. Increasing population in countries including India and China is further expected to boost milk products demand, which in turn is expected to augment herd management market over the forecast period. However, 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 is expected to hamper the market growth.

Based on product, dairy herd management market can be segmented into hardware and stand alone software systems. Hardware systems include cattle management systems, milk management systems, feed management systems and other accessories, where as software systems include on-premise software systems and web-based or cloud based software. Hardware systems accounted for the major market share in 2013 owing to increased demand for milk management systems. Stand alone software systems are expected to witness lucrative growth opportunities over the forecast period on account of technological advancements including automated milking systems which will reduce the overall cost of dairy production. In addition, increasing on-premise software products demand is likely to complement the market growth for stand alone software systems over the forecast period.

Dairy herd management systems find various applications in animal comfort, feeding management, milk harvesting, heat stress management, calf management and reproduction management among many others. Major end-use industries of dairy herd management include dairy farms including small scale, large scale and cooperative farms. Dairy farm industries have been dominating the market over the past few years on account increasing adoption of herd managements by dairy farms. In addition, increasing awareness towards the cost benefits over traditional management techniques coupled with increasing labor cost is expected to boost the market over the next seven years.

Europe emerged as the leading regional market for dairy herd management systems in 2013 owing to increased adoption rates in this region. Furthermore, supportive government initiatives towards dairy herd management systems usage have been driving the market in this region. Asia Pacific and North America is expected to witness considerable growth in upcoming years owing to increasing awareness towards dairy herd management systems benefits. Some prominent players in this market include BouMatic, DeLaval, Afimilk, Lely Holdings SARL, SCR Dairy Inc., FarmWizard Ltd., Valley Agricultural Software, GEA Group AG and Infovet.

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