Lab Automation Software Market Forecasts to 2028 – Global Analysis By Software (Chromatography, Data System (CDS), Laboratory Information Management System (LIMS), Laboratory Information System (LIS), Scientific Data Management System (SDMS), Electronic L

Lab Automation Software Market Forecasts to 2028 – Global Analysis By Software (Chromatography, Data System (CDS), Laboratory Information Management System (LIMS), Laboratory Information System (LIS), Scientific Data Management System (SDMS), Electronic Lab Notebook (ELN), Other Softwares), Application (Proteomics, Drug Discovery and Development, Clinical Diagnostics, Genomics, Other Applications), and Geography

According to Stratistics MRC, the Global Feeding Systems Market is accounted for $2.96 billion in 2022 and is expected to reach $5.16 billion by 2028 growing at a CAGR of 9.7% during the forecast period. When referring to a feeding system in terms of dairy, it can refer to either a machine system or even an animal that feeds or provides the required material by an entity. In the context of dairy, a feeding system is one that provides the cattle with the essential nutrients so that the animals yield the maximum amount of milk, ultimately increasing milk output as a whole. The feeding systems provide grains, minerals, proteins, and forages, among other nutrients. These nutrients can be given singly or in different mixtures.

According to the International Farm Comparison Network (IFCN), in 2021, 116 million dairy farms milk over 260 million cows globally. According to an article by the Food and Agricultural Organization (FAO) 2021, globally, poultry meat is expected to represent 41% of all the protein from meat sources in 2030, which is expected to drive the global consumption of poultry products.

Market Dynamics:

Driver:

Growing number of dairy farms in the world

Over the past few years, the number of dairy farms has increased significantly. In the US and China, there had been an increase in the number of large-scale dairy farms in recent years, and those that already exist are expanding. The increase in the number of dairy cattle is the main cause of the increased need for feeding systems. It gets more difficult to appropriately feed a lot of cattle individually as the dairy farm gets bigger. In terms of labour constraints, farm profitability and feed management, keeping animals healthy, and maintaining good welfare standards, large-scale dairy businesses potentially face more challenges than smaller farms.

Restraint:

High setup charges of automatic feeding systems

The expensive initial expenditure is the main issue impeding the market for feeding systems from expanding. For continuous and efficient use, automatic feeding technology needs a significant initial investment, good management tools, and experienced and skilled farmers. Small and medium-sized farms lack the funds to purchase such machinery. The cost of data collecting for geospatial data for effective input selection, training for data management, and other costs are also associated with feeding systems. Most farmers globally are either marginal or small dairy farmers who struggle to make investments in pricey machinery and data collection. In order to collect input data, distribution wagons, GIS and GPS systems, satellite devices, and automation and control equipment, farmers must invest heavily.

Opportunity:

Rising demand for livestock monitoring services in automated feeding systems

Livestock producers are increasingly utilising cutting-edge techniques for animal feeding in order to meet the growing demand for milk and dairy products of higher quality and quantity. The demand for livestock monitoring tools and technology is anticipated to increase as a result of this development. The demand is anticipated to continue to be dominated by industrialised countries relative to emerging ones because there are sophisticated livestock monitoring technologies available. For instance, the Sousaphone system keeps track of every aspect of the environment for animals. Updates in real-time and round-the-clock supervision are offered. This system notifies the concerned party of rising or declining air temperatures, inadequate ventilation, elevated CO2 or humidity levels, power outages, and equipment malfunctions.

Threat:

Lack of standardization of feeding systems technology

Devices used in feeding systems communicate with one another using a variety of interfaces, technologies, and protocols. Data misrepresentation may occur as a result of the absence of standardisation of various communication interfaces and protocols. Technology no standardization makes system integration challenging and prevents plug-and-play functionality between unrelated systems. For instance, the connection between devices made by various equipment manufacturers is impacted by the fact that the majority of equipment manufacturers utilise their own interface protocols.

Covid-19 Impact

The COVID19 pandemic epidemic had an effect on the entire world's economy and health. The world economy has had slower growth rates recently, and it will take some time for it to pick up steam once more. Businesses and the working world encountered many difficulties as a result of the pandemic and were forced to bear significant financial losses. The industrial operations were compelled to cease operations due to the lockdown limitations for an uncertain amount of time. The limitations made it difficult for many businesses to continue with human operations, which prompted them to adopt sophisticated automated feeding systems.

The ruminant segment is expected to be the largest during the forecast period

The ruminant segment is estimated to have a lucrative growth, as both developing and developed nations primarily raise ruminant species including cattle, sheep, goats, and buffaloes for the production of dairy and meat products. It is essential to feed ruminants at the appropriate time to improve production and digestion. It boosts their immune system and aids in improving feed conversion and absorption. Using feeding systems, farmers can supply feed items that are in line with ruminant needs and aid in preserving the health of a large herd.

The controlling segment is expected to have the highest CAGR during the forecast period

The controlling segment is anticipated to witness the fastest CAGR growth during the forecast period, due to their control over the whole automated feeding system on the farm; these systems are the most important component of the feeding system line. Technology breakthroughs have made it possible to create an all-encompassing monitoring system that keeps track of the whereabouts and activity of every cow in the herd. The software provides the most precise and comprehensive data regarding the nutritional status, location, health, and well-being of both individual cows and groups.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to several advancements in various equipment categories and feeding apparatus to meet the expanding demand of farm owners and farmers. Additionally, this region's increased meat consumption supports the market for automated feeding systems.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to factors including increasing corporate focus on technology developments in feeding management, successfully managing animal nutrition needs, and growing adoption of software in automated feeding systems in livestock farming.

Key players in the market

Some of the key players profiled in the Feeding Systems Market include VDL Agrotech, DeLaval, Lely, Trioliet B.V., GEA Group Aktiengesellschaft, Rovibec Agrisolutions, CTB, Inc., CALE AQ, BouMatic, Pellon Group Oy, Afimilk Ltd., Maskinfabrikken Cormall A/S, GMBH, Dairy master, JH AGRO A/S, HETWIN Automation System and AKVA Group.

Key Developments:

In February 2021, to bolster its digital strategy, the AKVA Group bought 33.7% of the shares in Observe Technologies Ltd. Since 2018, AKVA Group has partnered with the company on the development and implementation of its AI feeding system.

In October 2020, Trioliet B.V launched Triotrac M. This self-propelled machine has one vertical auger and a cutting-loading system with a loading rotor to load the feed into the mixing tub. The unique loading system ensures that the feed is processed cleanly and without any wastage during the loading process.

In September 2020, VDL Agrotech B.V acquired Jansen Poultry Equipment, based in the Netherlands, which specialized in the development and manufacturing of systems that are vital to the poultry sector. This acquisition was made to enable VDL Agrotech B.V to be a more complete provider for the international poultry market.

In November 2018, DeLaval announced a partnership with CEJA (European Council of Young Farmers Home) to help farmers in the European Union for better sustainability in the long-term process of farming.

Products Covered:
• Conveyor Feeding Systems
• Rail-Guided Feeding Systems
• Others Products

Livestock’s Covered:
• Swine
• Ruminant
• Poultry
• Other Livestock’s

Offerings Covered:
• Software
• Hardware
• Services
• Other Offerings

Technologies Covered:
• Automated
• Manual
• Robotic and Telemetry
• Guidance and Remote-Sensing Technology
• Radio Frequency Identification (RFID)
• Other Technologies

Functions Covered:
• Mixing
• Controlling
• Conveyors
• Filling and Screening
• Other Functions

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements