With a CAGR of 6.3% during the projected period, the automated category is expected to rule the poultry farming equipment market. The chicken category held the largest revenue share in the market in 2023, and it is expected to continue to dominate du
The poultry farming equipment market is estimated to rise from US$ 3,518 million in 2023 to US$ 6,300 million by 2033. The demand for poultry farming equipment is expected to rise at a CAGR of 6.0% during the forecast period.
The sales of poultry farming equipment have also been boosted by increased government investments in animal production and technologies like electric brooders and automatic feeding systems to enhance productivity and decrease manual labor. Furthermore, the increasing adoption of cage-free poultry production systems is a significant factor driving the growth of the global poultry farming equipment industry. In developing countries like India, these issues are very common. Electronic climate controllers feed weighing systems, cooling system controllers, egg counters, etc., are some of the key trends in the global poultry farming equipment market.
The adoption of automatic processing poultry farming is a boon for the market for poultry farming equipment. Farms are using better machinery to ensure the production of chickens of the highest caliber. For poultry operations, quality has become crucial due to the increase in demand. The increased demand for processed food in big quantities is forcing producers of processed poultry to boost their manufacturing capacities and reduce their delivery times.
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As the number of small and medium-sized companies (SMEs) expands in emerging nations to support and promote local businesses, the demand for poultry farming equipment is anticipated to rise. These enterprises need pre-processed chicken products to satisfy client demands on time and to maintain strict food safety and hygiene requirements.
One of the main factors driving the growth of the global poultry farming equipment market revenue is the rising demand for poultry meat as well as the swift adoption of innovative poultry farming techniques. Additionally, the expanding usage of technologically improved poultry farming equipment and the greater emphasis on food safety, quality, and cleanliness in poultry farms have helped to enhance the market’s income.
Key Takeaways from the Poultry Farming Equipment Market:
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Who is Winning?
Major players operating in the poultry farming equipment market include LUBING Maschinenfabrik Ludwig Bening GmbH & Co. KG, Farming Equipment Market includes Big Dutchman International GmbH, Jamesway Incubator Company, Jansen Poultry Equipment, ME International Installation GMBH, Tecno Poultry Equipment Spa, Petersime NV, Valco Companies, Inc., OFFICINE FACCO & C. Spa, and Vencomatic Group.
Major manufacturers of poultry farming equipment, such as FACCO, Valco, Vencomatic, and Tecno, are focusing on expanding their geographic reach by opening new offices, forming alliances with regional rivals, or buying them outright. Additionally, companies are expanding the range of items they offer. Many players are using virtual reality programs, which allow the company to exhibit its systems and technologies.
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Key Segments Covered in the Report
By Product Type:
By Poultry:
By Operation:
By Distribution Channel:
By Region:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Mar 30, 2023