The global dairy herd management market is projected to grow at a CAGR of 7.8% during the forecast period to reach USD 2.90 Billion by 2021. The market is broadly categorized into hardware & systems and standalone software. The hardware & systems segment includes milk management systems, fertility management systems, feeding management systems, cattle management systems, and accessories, whereas the standalone software segment includes on-premise software and web-based/cloud-based software.
The hardware & systems segment is estimated to account for the largest share of the dairy herd management market in 2016; this large share is attributed to the rising demand for herd management systems as well as dairy products, increasing preference for automated hardware and systems, technological advancements, and increasing number of dairy cattle globally.
On the basis of application, the global dairy herd management market is segmented into milk harvesting, reproduction management, animal comfort, calf management, feeding management, heat stress management, and other applications (genetic management, cattle sorting, weighing, data analysis, decision support, and financial management).
The milk harvesting segment is expected to account for the largest share of the market in 2016. A number of factors such as increasing preference for automated milk harvesting systems, high focus of farmers towards increasing milk yield, and growing demand for dairy products are driving the market growth in this application segment.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Dairy Herd Management Market, By Product
7 Dairy Herd Management Market, By Application
8 Dairy Herd Management Market, By Region
9 Competitive Landscape
10 Company Profiles