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The primary factors that drive the automatic feeding market are increasing consumption of meat and dairy products and benefits of automation for farmers in the livestock industry.<br>https://www.prnewswire.com/in/news-releases/automatic-feeding-market-worth-630-billion-usd-by-2022-662756663.html
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Shift in Preference from Manual Feeding to Automation is expected to Drive Growth in the Market Between 2017 & 2022 The global automatic feeding market is estimated at USD 4.37 billion in 2017 and is projected to reach USD 6.30 billion by 2022, at a CAGR of 7.5% during the forecast period. The primary factors that drive the market are the benefits of automation and increasing consumption of meat and dairy products. One of the major restraining factors is the high set up cost. Download PDF brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=127391988 Research Methodology: This research study involved the extensive use of secondary sources (which included directories and databases) such as Forbes, Bloomberg Businessweek, and Factiva to identify & collect information useful for this technical, market-oriented, and commercial study of the automatic feeding market. The primary sources that have been involved include industry experts from core & related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies, and organizations related to all segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative & quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report on the market. Geographical Growth Scenario: Geographically, the global automatic feeding market is divided into North America, Europe, Asia Pacific, Rest of World( South America, Middle East, Africa). The North American region is projected to grow at the highest CAGR from 2017 to 2022. The growth in this region can be attributed to the various innovations in different equipment lines and feeding equipment to meet the growing demand from farm owners and farmers. The usage of feeding equipment in North America is increasing owing to factors such as continual advancements in technologies and increasing herd size of livestock farms. Read more @ https://www.marketsandmarkets.com/PressReleases/automatic-feeding.asp
Leading Market Players: AGCO Corporation (US) GEA (Germany) Delaval Holding (Sweden) Big Dutchman (US) Kuhn (France) Lely Holding SARL (Netherlands) Trioliet B.V. (Netherlands) Target Audience: Feed manufacturers, suppliers, and processors Feeding equipment manufacturers, suppliers, and processors Cattle farm owners, feed distributors, importers, and exporters Intermediary suppliers Feed and feeding equipment governing associations and regulatory authorities of several countries Research organizations and associations such as the Food and Agriculture Organization (FAO), Compound Livestock Feed Manufacturers Association of India (CLFMA), International Feed Industry Federation (IFIF), The Grain and Feed Trade Association (GAFTA), National Grain and Feed Association (NGFA), The American Feed Industry Association (AFIA), and Animal Feed Manufacturers Association (AFMA) About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com