PUBLISHER: Grand View Research | PRODUCT CODE: 1530179
PUBLISHER: Grand View Research | PRODUCT CODE: 1530179
Automated Feeding Systems Market Trends
The global automated feeding systems market size was estimated at USD 6.45 billion in 2023 and is projected to grow at a CAGR of 11.3% from 2024 to 2030. The growth of the market is driven by various factors, such as the need to enhance cost efficiency and address labor shortages. Moreover, the need to enhance feed efficiency and nutritional management contributes to the growth in the adoption of automated feeding systems. Automated feeding systems refer to technologies and systems designed to automate the process of feeding livestock or animals in agricultural settings. These systems are used across various sectors, including dairy farming, poultry farming, swine production, and other livestock operations.
Automated systems enable precise control over feed distribution and intake, optimizing feed efficiency and reducing feed wastage. Adopting precision feeding and real-time monitoring allow for customized feeding strategies tailored to individual animal needs, optimizing growth rates and overall productivity. Moreover, automated feeding systems contribute to better animal health and welfare by ensuring consistent and timely feeding schedules.
Livestock farming comes with its share of challenges; one of the major challenges is a shortage of workers. This is driving the need to adopt smart, sustainable, and digital farming techniques. Digital farming combines intelligent and sustainable agricultural methods, promoting connectivity and cooperation within the farming community. It utilizes digital technologies, such as sensors attached to livestock, to improve agricultural techniques. Automated feeding systems reduce the need for manual labor in feeding livestock, which helps farms optimize labor costs and address labor shortages.
The growing adoption of advanced technologies, such as Artificial Intelligence (AI), presents significant growth opportunities for the market. Continuous advancements in technology, including sensors, data analytics, and automation software, enhance the effectiveness and efficiency of automated feeding systems.
In January 2024, Precision Livestock Technologies, a U.S.-based company, Precision Livestock Technologies introduced an AI-driven system that predicts cattle feed intake and recommends feeding schedules based on extensive data from its machine vision Bunk Management System and external sources. This technology mimics expert feeding professionals, enabling Precision Livestock Technologies clients to automate feeding decisions and verify assumptions tailored to specific feeding protocols. This aims to enhance profitability and animal health in the cattle industry.
Global Automated Feeding Systems Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global automated feeding systems market report based on component, system, livestock, and region.
U.S.
Canada
Mexico
UK
Germany
France
India
China
Japan
South Korea
Australia
Brazil
Kingdom of Saudi Arabia (KSA)
UAE
South Africa