by Poultry keeping machinery includes equipment such as incubators, hatchers, egg collectors & graders, nests & feeders among others required for poultry farming related processes. They provide automated solutions for incubating and hatching of eggs, grading and collection of eggs, feeding and cleaning activities for poultry. This reduces workload of farmers and improves productivity at poultry farms.
The global poultry keeping machinery market is estimated to be valued at US$ 4 Billion in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Adoption of automation in poultry farming processes has increased significantly over the years due to rising labor costs and shortage of labor. Automated poultry keeping machinery such as incubators, hatchers, nesting systems help save labor and increase productivity at poultry farms. For example, automated incubators and hatchers regulate temperature, humidity and turn eggs automatically reducing manual labor and effort. They also ensure high hatching rates compared to manual processes. Growing popularity of automation is expected to drive higher demand for automated poultry keeping machinery and equipment over the forecast period.
SWOT Analysis
Strength: The poultry keeping machinery market benefits from increasing demand for poultry products. The machinery helps improve productivity and efficiency on farms.
Weakness: High initial investments required for machinery can be prohibitive for small poultry farmers.
Opportunity: Growth in Poultry production in emerging economies offers scope to increase sales. Mechanization of poultry farming can further boost demand.
Threats: Rising feed and operational costs can squeeze profits of poultry farmers. Disease outbreaks in poultry flocks pose risks.
Key Takeaways
The Global Poultry Keeping Machinery Market Size is expected to witness high growth. The global poultry keeping machinery market is estimated to be valued at US$ 4 Billion in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030.
Regional analysis comprises Asia Pacific dominates the global poultry keeping machinery market currently owing to strong presence of poultry industries in China, India, and other Southeast Asian countries.
Key players operating in the market are Jansen Poultry Equipment, Vencomatic Group, VALCO Companies Inc., Hartmann Group, Petersime, and HAMEX-GROUP.
Key players operating in the poultry keeping machinery market are focusing on product innovation and geographical expansion. They are introducing smart machines integrated with IoT and data analytics for improved farm management. Technologically advanced equipment help automate feeding, watering, egg collection, manure cleaning functions. This boosts operational efficiency and ensures animal welfare standards are met.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
