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Automated Feeding Systems Market Size

  • Report ID: GMI7850
  • Published Date: Jan 2024
  • Report Format: PDF

Automated Feeding Systems Market Size

Automated Feeding Systems Market was valued at USD 4.1 billion in 2023 and is estimated to register a CAGR of around 7% between 2024 and 2032. The growth of the market can be attributed to consistent technological upgrades and innovations. Ongoing advancements in technology and innovation within the agriculture sector contribute to the rising demand for automated feeding systems. Integration of sensors, smart devices, and data analytics allows farmers and pet owners to monitor and control feeding operations remotely. Improved precision, real-time data insights, and the ability to customize feeding regimes contribute to the appeal of automated systems for livestock farmers and pet parents.

 

Against this backdrop, in October 2022, the Israeli company introduced an innovative technology designed to offer poultry farmers an intuitive solution for the automatic calibration of feed amounts and dispensing rates in real time. Through precise feeding control, this technology enhances food intake efficiency, reduces stress, and improves overall animal welfare. The company's inaugural product, the Kai Zen 5 robot paired with cloud-based data analysis software, adjusts feed quantities based on factors such as breed, genetics, age, and real-time food demand in the coop. This optimization leads to improved feed conversion rates, resulting in significant gains in profitability and reduced mortality rates for poultry producers. The technology ensures a rapid return on investment (ROI) in less than a year, accompanied by increased revenues ranging from 10 to 20%. More innovative efforts in this direction will help pave a healthy growth pathway for the automated feeding systems industry.

 

Increased emphasis on environmental sustainability will be a key factor supporting the industry growth throughout 2024-2032. Automated feeding systems can contribute to environmental sustainability by optimizing feed usage and reducing the environmental impact of excess feed and waste. 

 

In August 2023, Forever Feed Technologies, based in Hanford and American Fork, Utah, secured a "multimillion-dollar" investment from a consortium of key players in Central Valley dairy and agriculture. Notable contributors include Bar 20 Dairy in Kerman, River Ranch Farms in Hanford, De Jong Family Farms in Francesville, Indiana, and Producers Dairy Products in Fresno. The undisclosed investment aims to support the development of sustainable, large-scale, automated indoor feed mills. The objective is to create the most extensive and reliably controlled mills capable of providing fresh feed year-round to thousands of animals. This strategic investment enables producers to expand their operations strategically, addressing the growing market demand.

 

Such moves align with the growing awareness and emphasis on sustainable agriculture practices, which will favor the adoption of automated feeding systems. However, the implementation and maintenance of automated feeding systems often requires a certain level of technical expertise. Farmers need to understand the technology, troubleshoot issues, and perform routine maintenance to ensure the systems operate effectively. The technical complexity of these systems can be a barrier for farmers who may lack the necessary skills or resources for proper training. This challenge is particularly relevant for older or traditional farmers who may be less familiar with advanced technologies, leading to a reluctance to adopt automated feeding solutions.

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for automated feeding systems reached USD 4.1 billion in revenue in 2023 and is set to exhibit 7% growth rate between 2024 and 2032 driven by consistent technological upgrades and innovations.

The conveyor feeding systems segment held 50% share of the automated feeding systems market in 2023 and is projected to gain traction through 2032 owing to the rising need for enhanced efficiency and streamlined material handling processes in various industries.

Europe automated feeding systems industry held 50% revenue share in 2023 and is likely to depict robust growth through 2032 owing to the stringent regulations on animal welfare and a growing emphasis on sustainable agriculture.

Some of the major automated feeding system companies are Boumatic LLC, Dairymaster Ltd., DeLaval Inc., Fancom B.V., Fullwood Packo Ltd., GEA Group AG, HAP Innovations BV, Lely Holding S.A.R.L., Rovibec Agrisolutions Inc., Siloking Mayer Maschinenbau GmbH, and many others.

Automated Feeding Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 282
  • Countries covered: 21
  • Pages: 250
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