Poultry Farming Equipment Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2033

The poultry farming equipment market is estimated to rise from US$ 3,518 million in 2023 to US$ 6,300 million by 2033. The demand for poultry farming equipment is expected to rise at a CAGR of 6.0% during the forecast period.

The sales of poultry farming equipment have also been boosted by increased government investments in animal production and technologies like electric brooders and automatic feeding systems to enhance productivity and decrease manual labor. Furthermore, the increasing adoption of cage-free poultry production systems is a significant factor driving the growth of the global poultry farming equipment industry. In developing countries like India, these issues are very common. Electronic climate controllers feed weighing systems, cooling system controllers, egg counters, etc., are some of the key trends in the global poultry farming equipment market.

The adoption of automatic processing poultry farming is a boon for the market for poultry farming equipment. Farms are using better machinery to ensure the production of chickens of the highest caliber. For poultry operations, quality has become crucial due to the increase in demand. The increased demand for processed food in big quantities is forcing producers of processed poultry to boost their manufacturing capacities and reduce their delivery times.

As the number of small and medium-sized companies (SMEs) expands in emerging nations to support and promote local businesses, the demand for poultry farming equipment is anticipated to rise. These enterprises need pre-processed chicken products to satisfy client demands on time and to maintain strict food safety and hygiene requirements.

One of the main factors driving the growth of the global poultry farming equipment market revenue is the rising demand for poultry meat as well as the swift adoption of innovative poultry farming techniques. Additionally, the expanding usage of technologically improved poultry farming equipment and the greater emphasis on food safety, quality, and cleanliness in poultry farms have helped to enhance the market's income.

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Key Takeaways from the Poultry Farming Equipment Market:

·         With a CAGR of 6.3% during the projected period, the automated category is expected to rule the poultry farming equipment market.

·         The chicken category held the largest revenue share in the market in 2023, and it is expected to continue to dominate during the forecast period.

·         The poultry farming equipment market in the United States is expected to exceed US$ 982.2 Mn by 2033, growing at a CAGR of 29.6% during the forecast period.

·         The poultry farming equipment industry in the United Kingdom is expected to be valued at US$ 594 million by 2033, rising at a CAGR of 6.4% during the forecast period.

·         Germany's poultry farming equipment business is expected to be valued at US$ 520.8 million by 2033, rising at a 15.7% CAGR over the forecast period.

·         The poultry farming equipment market in Japan is expected to reach US$ 270.6 million by 2033, growing at a steady CAGR of 4.8% during the forecast period.

·         China holds a 9.7% market share in the poultry farming equipment market and is expected to develop at a CAGR of 4.8% over the projected period.

·         Due to the large consumption of chicken meat in the region, it is predicted that China's poultry farming equipment market would reach US$ 514.6 Mn by 2033.

Who is Winning?

Major players operating in the poultry farming equipment market include LUBING Maschinenfabrik Ludwig Bening GmbH & Co. KG, Farming Equipment Market includes Big Dutchman International GmbH, Jamesway Incubator Company, Jansen Poultry Equipment, ME International Installation GMBH, Tecno Poultry Equipment Spa, Petersime NV, Valco Companies, Inc., OFFICINE FACCO & C. Spa, and Vencomatic Group.

Major manufacturers of poultry farming equipment, such as FACCO, Valco, Vencomatic, and Tecno, are focusing on expanding their geographic reach by opening new offices, forming alliances with regional rivals, or buying them outright. Additionally, companies are expanding the range of items they offer. Many players are using virtual reality programs, which allow the company to exhibit its systems and technologies.

·         In March 2021, Vencomatic increased the selection of Prinzen products. To meet the increased need for automated egg-handling technology, the Prinzen Palletiser was developed. The Palletiser functions independently and may be connected to any suitable farm packer. It can move four stacks of trays at once and transport 110 cases, or 40,000 eggs, every hour on pallets.

·         After selecting Trust System as its Saudi Arabian sales partner, Jamesway Incubator Company declared its entry into the Middle East in June 2020. Trust System was introduced to Jamesway's sales network to promote and market the company's line of incubators and accessories to potential and existing customers in the region.

Information Source: https://www.futuremarketinsights.com/reports/poultry-farming-equipment-market

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