Categories: Market Research

Milking Automation Market Growth Outlook Through 2024-2033

Overview and Scope
Milking automation refers to a system in which milking is carried out without the direct involvement of an operator. Milking automation systems are used to automate all of the tasks involved in the milking procedure to milk and manage the cow.

Sizing and Forecast
The milking automation market size has grown strongly in recent years. It will grow from $0.97 billion in 2023 to $1.07 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to labor shortages in dairy farming, increasing dairy herd sizes, demand for improved milk quality, focus on animal welfare, rising dairy production requirements, government support and incentives..

The milking automation market size is expected to see strong growth in the next few years. It will grow to $1.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to focus on sustainable and efficient farming practices, expansion of dairy farming in emerging markets, rise in precision livestock farming, cost savings through automation, advanced milk quality monitoring.. Major trends in the forecast period include robotic milking systems, iot and sensors in dairy farming, automated teat cleaning and preparation, data analytics for herd management, integration with cow health monitoring, mobile apps for monitoring..

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/milking-automation-global-market-report

Segmentation & Regional Insights
The milking automation market covered in this report is segmented –

1) By Offering: Hardware, Software, Services
2) By Farm Size: Small, Medium, Large
3) By Species: Dairy Cattle, Goat, Sheep

Asia-Pacific was the largest region in the milking automation market in 2023. The regions covered in the milking automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample_request?id=9169&type=smp

Major Driver Impacting Market Growth
Increasing demand for dairy products is expected to boost the growth of the milking automation market going forward. A dairy product refers to anything derived from milk, including butter, cheese, ice cream, yogurt, condensed and dried milk, and any other foodstuffs. As the demand for milk and related dairy products is expected to increase in the upcoming years, only automation can successfully and efficiently foster the industry’s growth potential, so the increasing demand for dairy products is ultimately boosting the milking automation market. For instance, in September 2022, according to a report published by the International Dairy Foods Association (IDFA), a US-based non-profit organization, the per capita consumption of dairy experienced a 12.4-pound increase per person in 2022. On a milkfat basis, the average American’s dairy consumption was 667 pounds in 2021. Notably, there was significant growth in certain dairy products, with American-type cheese showing an increase of 0.5 pounds, butter rising by 0.2 pounds, and yogurt contributing an additional 0.7 pounds. Therefore, increasing demand for dairy products is driving the growth of the milking automation market.

Key Industry Players

Major companies operating in the milking automation market report are Afimilk Ltd., DeLaval, GEA Group AG, Nedap N.V., Allflex Livestock Intelligence, BouMatic LLC, Waikato Milking Systems NZ LP, Dairymaster, BECO Dairy Automation Inc., AMS-Galaxy-USA, Dairy Automation Pvt. Ltd., Fullwood Packo Ltd., Merck and Company, Solutions laitières Inc., S.A. Christensen & Co., SCR Dairy Inc., Tetra Laval International SA, A DUE Spa, Alfa Laval AB, Krones AG, SPX Flow Inc., ProLeiT AG, Rockwell Automation Inc., Dairy Conveyor Corporation, Cache Valley Creamery, Cass-Clay Creamery, Country Delite Farms, Country Fresh, Craigs Creamery, Cumberland Dairy .

The milking automation market report table of contents includes:

1. Executive Summary

2. Milking Automation Market Characteristics

3. Milking Automation Market Trends And Strategies

4. Milking Automation Market – Macro Economic Scenario

5. Global Milking Automation Market Size and Growth
.
.
.

31. Global Milking Automation Market Competitive Benchmarking

32. Global Milking Automation Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Milking Automation Market

34. Milking Automation Market Future Outlook and Potential Analysis

35. Appendix

Explore the trending research reports from TBRC: