The Feeding
Systems Market is projected to reach USD 1,474.1 million by 2023, at a CAGR
of 8.34% between 2017 and 2023. Growing number of dairy farms across the globe,
continuous technological advancements in the feeding management and new product
launches, and substantial cost savings associated with feeding management are
the factors expected to drive the growth of the feeding systems market during
the forecast period. Increased investments by governments across the globe for
the development of livestock farms and cost optimization in managing these farms
are also expected to fuel the growth of the feeding systems market during the
forecast period.
DeLaval Holding
AB (Sweden) is among the leading players in the feeding systems market, which
offers products that aid feeding equipment, worldwide. It has been at the forefront of innovating products and solutions, such as DeLaval VMS voluntary
milking system, DeLaval opti-feeding
systems, DeLaval AMR automatic rotary milking solution, and Herd Navigator. The
company has adopted the strategies of new product launches and agreements to
maintain its leadership position in the feeding systems market. For instance, in
2016, DeLaval (Sweden) and Tetra Pak (Switzerland), sister companies of Tetra
Laval Group (Switzerland), signed a five-year agreement with the Dairy
Association of China to provide training to dairy farm managers of China. This
agreement enabled DeLaval to strengthen its dairy farming business in China. In
2015, the company acquired Uniform-Agri (Netherlands), which is a leading
information management systems provider for dairy farmers. This acquisition
helped the company in increasing its geographical reach and enhancing its
product portfolio.
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GEA Group AG
(Germany) is one of the leading firms in the feeding systems market, owing to
its wide dairy farming product portfolio and significant geographical presence.
The GEA Farm Technologies segment of the
company offers milking equipment, milk cooling technologies, animal hygiene,
automatic feeding systems, and barn equipment. The company focuses on new
product launches and developments for strengthening its position in the feeding
systems market. For instance, in January 2016, GEA launched its new Mix & Carry
WIC, which is a fully automatic feeding system that supports the production of high-quality milk with reduced labor
and feed costs.
Lely Holding S.A.R.L. (Netherlands) provides
automated feeding systems, forage harvesting, and milking robot solutions for
the dairy farming sector. The
company has adopted the strategies of organic and inorganic growth to enhance
its position in the feeding systems market. The company updates its products
regularly and has entered into partnerships with a number of players from the
technological field to innovate its products. The company has a good market
presence in various geographies. It has devised a number of feeders, which
include mixer feeder wagons and self-loading mixer feeders, among others to feed
bovine animals. The company has adopted new product launches as the
key business strategy to strengthen its position
in the feeding systems market. It has maintained an elaborate network of
distribution channels to provide its services in different regions. The company
also focuses on green initiatives by developing products that consume less
energy.
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