Dairy Herd Management Market worth 3.55 Billion USD by 2022

1. MarketsandMarkets Presents Dairy Herd Management Market - Global Forecasts to 2022 https://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

2. • The global dairy herd management market is projected to reach USD 3.55 Billion by 2022 from USD 2.57 Billion in 2017, at a CAGR of 6.7%. Factors such as increasing herd size of dairy farms, substantial cost savings associated with dairy herd management, growing production and consumption of milk and dairy products, increasing public-private funding and investments towards the development of dairy farms, and technological advancements are driving the market. • This report broadly segments the dairy herd management market into product, application, end user, and region. On the basis of product, the market is categorized into automated dairy herd management systems and standalone software. In 2017, the automated dairy herd management systems segment is expected to account for the largest share of the market. The large share of this segment can be attributed to the growing preference for automated herd management systems, increasing mechanization of dairy farming due to a dearth of labor, increasing number of dairy cattle globally, and the rising demand for dairy products. https://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

3. https://www.marketsandmarkets.com/Market-Reports/dairy-herd- management-market-36572220.html Early buyers will receive 10% customization on reports. Geographically, the dairy herd management market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe is expected to account for the largest share of the global dairy herd management market in 2017. Increasing number of dairy cows, growing demand for high-quality milk and milk products, the presence of a large number of dairy producing units, and the large volume of milk production are the major factors driving the growth of the European dairy herd management market. https://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

4. • Based on application, the market is segmented into milk harvesting, feeding, breeding, animal comfort & heat stress management, calf management, health management, and other applications (such as genetic management, cattle sorting, weighing, and data analysis). In 2017, the milk harvesting segment is estimated to command the largest share of the dairy herd management market. The focus of farmers towards increasing milk yield while ensuring the heath of the cattle is supporting the growth of the milk harvesting segment. • By end user, the market is segmented into small-scale dairy farms, large-scale dairy farms, and cooperative dairy farms. In 2017, small-scale dairy farms are expected to account for the largest share of the dairy herd management market. The growing demand for dairy products and increasing support from various public-private organizations for small-scale dairy farmers in developing countries are the major factors driving the demand for dairy herd management products in this end-user segment. https://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

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6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, electronics, and telecommunications and IT. banking and financial services, pharmaceuticals, semiconductor and We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. https://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html