Dairy Herd Management Market Worth $1,511.91 Million by 2018 - New Research Report by MarketsandMarkets

Dairy herd management products serve to improve production efficiency, lower labor costs, and help in planning and managing milking, feeding, vaccination, and insemination schedules for large herds. http://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

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Key Players - Afimilk Ltd. (Israel), BouMatic (U.S.), DeLaval (Sweden), FarmWizard Ltd. (Ireland), GEA Group AG (Germany), Infovet (India), Lely Holdings S.A.R.L. (Netherlands), SCR Dairy, Inc. (Israel), Sum-IT Computer Systems Ltd. (Oxfordshire)

(PRWEB) August 05, 2014

The “Dairy Herd Management Market by Product (Hardware, Systems & Software), by Application (Feeding, Milking, Heat Stress, Animal Comfort, & Reproduction Management), by End User (Small, Large & Cooperative Dairy Farms) - Global Forecast to 2018” report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global dairy herd management market along with the estimates and forecasts of the revenue and share analysis.

Browse 123 market tables and 69 figures spread through 278 page sand in-depth TOC.
http://www.marketsandmarkets.com/Market-Reports/dairy-herd-management-market-36572220.html

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The global dairy herd management market was valued at $823.65 million in 2013 and is expected to reach $1,511.91 million by 2018, at a CAGR of 12.92% between 2013 and 2018.

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The report segments this market by applications, end users, products, and geographies. The application segments of the dairy herd management market included in this report are animal comfort, calf management, feeding management, heat stress management, milk harvesting, reproduction management, and other applications. The milk harvesting application segment commanded the largest share of the global dairy herd management market in 2013. This segment is also poised to grow at the highest CAGR between 2013 and 2018. The increased demand for dairy products will be the primary growth driver of the milk harvesting application segment.

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Dairy herd management products offer substantial cost advantages over traditional, manual herd management techniques. Furthermore, traditional techniques are unsuitable to large, commercial dairy farming operations. The increasing demand for dairy products will drive the growth of commercial dairy farming, which in turn will drive the demand for dairy herd management products. Furthermore, increasing labor costs will also lead to increased adoption of automated herd management products, and will aid the growth of the dairy herd management market.

This report segments the market on the basis of applications, end users, products, and geographies. There are seven application segments included in this report, namely, animal comfort, calf management, feeding management, heat stress management, milk harvesting, reproduction management, and other applications. The end-user segments included in this report are dairy farms and other end users. The dairy farms segment is further sub-segmented into small-scale, large-scale, and cooperative dairy farms. The two product segments included in this report are hardware and systems and standalone software. The hardware and systems segment has four sub-segments, namely, accessories, cattle management systems, feeding management systems, and milk management systems. The standalone software segment has two sub-segments, namely, on-premise software and web-based/cloud-based software. The geographic segments included in this report are Asia, Europe, North America, and the Rest of the World. Each of these geographic segments has regional segments. Asia has 4 regional segments, Europe has 15, North America has 3, and the Rest of the World region has 4.

The application segments included in this report are animal comfort, calf management, feeding management, heat stress management, milk harvesting, reproduction management, and other applications. The milk harvesting application segment is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for dairy products. Milk harvesting has the highest adoption rate of automated dairy herd management products. Its adoption rate is also relatively higher in the regional segments of China, India, and South America. Furthermore, the increasing global demand for dairy products will further drive the growth of the milk harvesting application segment.

The major players in the dairy herd management market are Afimilk Ltd. (Israel), BouMatic (U.S.), DeLaval (Sweden), FarmWizard Ltd. (Ireland), GEA Group AG (Germany), Infovet (India), Lely Holdings S.A.R.L. (Netherlands), SCR Dairy, Inc. (Israel), Sum-IT Computer Systems Ltd. (Oxfordshire), and Valley Agricultural Software (U.S.).

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