The Poultry Feeder Market is Anticipated to Accelerate at a CAGR of 4.1% Over the Forecast Period 2033

The poultry feeder market is projected to grow at a CAGR of 4.1% over the forecast period, to rise from US$ 8.31 Bn in 2023 to US$ 12.42 Bn by 2033.

Demand for chicken feeders is increasing since with the help of chicken feeders the feed is protected. When food is maintained in hanging feeders or treadles, most pests, including mice, have a tough time getting to it. 

The expanding demand for items derived from chicken meat is the industry's protracted stimulant. The consumption of meat per person worldwide is also anticipated to rise as people's understanding of the importance of protein in their diets grows.

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Additionally, increased emphasis on food safety, quality, and hygiene in poultry farms as a result of the coronavirus outbreak and growing use of technologically advanced poultry farming equipment and tools, such as automatic feeding systems to reduce manual labor and increase productivity, have contributed to the growth of the global market's revenue.

The increase of large-scale farms and the rapid uptake of innovative poultry farming techniques are expected to create growth prospects. It is projected that growing commercial opportunities would result from a greater interest in technological advancements concerning feeding robots.

In terms of region, North America is anticipated to account for a substantial percentage of the poultry feeder market due to the rising demand for poultry products and the widespread adoption of technology in animal production. 

The Asia Pacific region is anticipated to grow quickly due to the region's emerging nations' increased demand for meat as a result of shifting lifestyle trends. Two-thirds of the growth in the world's output of chicken meat comes from the Asia-Pacific region. 

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Key Takeaways

The market for poultry feeders in the United Kingdom is anticipated to grow at a CAGR of 4.4% through 2033.
With a CAGR of 4.8% throughout the research period, India is predicted to grow rapidly in the market for poultry feeders by 2033.
The poultry feeder market in China is expected to grow at a CAGR of 3.3% over the forecast period.

Competitive Landscape

The top manufacturers of the poultry feeder market are SKA Poultry Equipment, Kenpoly Manufacturers Limited, INDIV USA, Brower, AZA International SRL, Big Dutchman, Choretime, Exafan, Le Roy, Ningbo Joygen, Retech Farming, Roxell BVBA, SouthWest Agri-Plastic Inc., Stoutagri and among others.

These companies have used a variety of techniques to expand their market share in poultry feeders. They have used both organic and inorganic development techniques, such as new product releases, acquisitions, corporate expansions, and collaborations, to increase their clientele and revenue.

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Poultry Feeder Market Segmentation

By Capacity:

Less Than 1 Kg
1-5 Kg
6-10 Kg
More Than 10 Kg

By Product Type:

Drinking Equipment
Feeding Equipment

By Bird Capacity:

1-5 Birds
6-10 Birds
More Than 10 Birds

Recent Developments

In January 2020, the KONAVI® Poult feeder from Chore-Time was tasted with turkeys. With its distinctive open-style design and green centre cone, the KONAVI® Poult Feeding System attracts young birds by making the feed more apparent.
In September 2019, a deal for two 3-million-layer farm projects has been finalized between Big Dutchman and CP Group. By working together, Big Dutchman and CP will jointly establish a new benchmark for layer farms.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

This release was published on openPR.