The size of the global market for dairy herd management is expected to reach US$ 6.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.5 %.
Dairy herd management is a process that manages and regulates the health & productivity of dairy animal feed additives and is viewed as a cost saving process as it implements techniques of smart farming. Dairy herd management systems offer numerous benefits such as enabling dairy farm managers to keep count of animals, inspect & respond to livestock behaviour, record their conception rate, calf age, births, and promptly detect health related issues faced by the cattle.These management programs also include vaccination programs for prevention from diseases, parasite cleanse control measures and some blood tests too for the better management of health of the animals. Moreover, this management system is developed to increase overall efficiency and production in dairy herd farming with reduced cost and lesser time. Whereas, earlier dairy herd farming practices needed more time, labour, and high cost.
Increase in herd population and demand for milk & other dairy products such as cream, butter,and cheese in different regions are driving the market growth. The increase in government initiatives, funds/grants, venture capital management, and enhancement of complementary technologies bolsters the growth of this market. Growing technological advancement such as smartphone data application, micro-sensors technology, automated milking parlors, and robotics are becoming a common use in dairy farms. Innovation and proliferation of dairy equipment are expected to serve as another driver for this market. However, factors such as campaigns that are against unethical practices with animals and lack of professionals trained in dairy management hamper the market growth.
Milk management system and herd management software segment to forefront the dairy herd management market in the forecast period
Milk management system captured the dominant market share due to the acknowledged fact that milking is one of the major labor intensive operations, and the installation of milk management systems has significantly reduce labour hours. Replacement of milking operation along with improvement by automation and substituting elements of the operators’ work routine, thereby making the job less physically demanding and more efficient.
Herd management software is an integrated system that is also used to replace the manual labor required for operations such as waste management, milking fixed duration, and monitoring & inspecting operations so that labor worktime can be utilised elsewhere. This reduction in labor and improvement in operational efficiency is thereby improving the quality of life of farmers. Reduced labor demands, leading to higher profit margin and greater personal time, is also improving their standard of living.
North America and Europe are anticipated to contribute to major growth of this market
North America and Europe are estimated to account for significant market share due to the growing contribution of dairy industry, number of dairy cows, and large pool of dairy exports in the developed countries owing to increased consumption of dairy products.
Key Market Players
- DeLaval International AB
- GEA Group Aktiengesellschaft
- Afimilk Ltd.
- BouMatic LLC
- Fullwood Packo Ltd.
- SCR Engineers Ltd.
- DAIRYMASTER Limited
- Lely International NV
- Sum-It Computer Systems Ltd.
- Others
dairy herd management market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | US$ 6.5 billion |
Growth Rate | CAGR of 7.5 % during 2020-2030 |
Segment Covered | By Product, By Application, End User, Regions |
Regions Covered | By Labelling Technology, Printing Technology, Region. |
Key Players Profiled | GEA Group Aktiengesellschaft, Afimilk Ltd., BouMatic., Fullwood Packo, SCR, DAIRYMASTER, Lely, VAS, SUM-IT, Pearson International LLC, FarmWizard., Waikato Milking Systems NZ LP., Trioliet, and FBS Systems Inc., |
Key Segment Of The dairy herd management market
Product (USD Billion)
• Automated systems
• Standalone software
Application, (USD Billion)
• Milk harvesting
• Breeding
• Feeding
• Cow comfort and heat stress management
• Others
End User, (USD Billion)
• Cooperative dairy farms
• Small-scale dairy firms
• Large-scale dairy firms
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa