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.
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Scope Of Milking Automation Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Milking Automation Market Overview
Market Drivers –
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.
Market Trends –
The adoption of technologically advanced milking equipment has emerged as the key trend gaining popularity in the milking automation market. Major companies operating in the milking automation market are developing innovative technologies to strengthen their position in the market. For instance, in 2022, DeLaval, a Sweden-based worldwide leader in milking equipment and solutions for dairy farmers, launched the E-series rotary milking system, the next-gen rotary milking system. In addition to the tried-and-true components carried over from earlier generations of DeLaval rotaries, the new system has more data, automation, features, and technology for improved throughput efficiency. The new E-series rotaries use an innovative technique that prioritizes a cow’s natural milk flow to guarantee optimal milk flow for each cow. Utilizing flow-adjusted vacuum technology, flow-responsive milking adjusts the vacuum level following the needs of each cow by keeping track of her milk flow.
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
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Regional Insights –
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
Key Companies –
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 .
Table of Contents
1. Executive Summary
2. Milking Automation Market Report Structure
3. Milking Automation Market Trends And Strategies
4. Milking Automation Market – Macro Economic Scenario
5. Milking Automation Market Size And Growth
…..
27. Milking Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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