Factors such as increasing herd size of dairy farms, substantial cost savings associated with dairy herd management, growing production and consumption of milk and dairy products, increasing public-private funding and investments towards the development of dairy farms, and technological advancements are driving the market.
Market Size
The global Dairy Herd Management market size is projected to reach USD 3.55 Billion by 2022 from USD 2.42 Billion in 2016 at a CAGR of 6.7%.
Delaval (Sweden), GEA Group (Germany), Afimilk (Israel), BouMatic (US), Fullwood (UK), Dairy Master (Ireland), Lely Holdings (Netherlands), SCR Dairy (Israel), Sum-It Computer Systems (UK), and VAS (US) are some key players in this market. These companies are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies such as product launches, acquisitions, and expansions.
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“DeLaval (Sweden) held the leading position in the global dairy herd management market in 2016”
The company provides innovative products and solutions, such as the DeLaval VMS voluntary milking system, the DeLaval AMR automatic rotary milking solution, and the Herd Navigator. During the period 2014-2017, the company introduced a number of products to the market, such as, Calf feeder CF1000S, Cell Counter ICC, and Automated Body Condition Scoring (BCS) system in the market, which has enabled it to gain a large market share.
“The GEA operates its global dairy herd management business through its key division GEA Farm Technologies GmbH”
The company focuses on product development to strengthen its position in the dairy herd management market. In line with this strategy, in January 2016, GEA launched the Mix&Carry WIC, a fully automatic feeding system to support a profitable production of high-quality milk with a reduction in labor and feed costs. The company has a strong global presence with a well-established supply chain in more than 50 countries including key regions such as North America, Latin America, Eastern Europe, Western Europe, the Middle East, Africa, and Asia Pacific.
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