Dairy Herd Management Market is expected to offer significant growth at a CAGR of 8.45% By 2028

Market Overview:
The Dairy Herd Management market was valued at USD 3560 million in 2021 and is expected to reach USD 6280 million by the year 2028, at a CAGR of 8.45%.

The term dairy herd management refers to a technique used to monitor the health and productivity of dairy animals. Typically, they employ smart farming techniques, which are regarded as cost-effective. These are widely used in numerous applications, including heat stress management, large-scale dairy farms, and health management. Milk management systems, feeding/nutrition management systems, reproductive health management systems, cattle management systems, and herd health management systems are instances of accessible Standalone and Automated technology for dairy herd management. By observing the behavior of livestock and keeping track of feeding habits, environmental control, and diseases encountered, the use of these technologies contributes to the maintenance of livestock health. In the coming years, Dairy Herd Management will find lucrative opportunities in agricultural economies.

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Market Dynamics:
Driver:
One of the major factors driving the growth of the dairy herd management market is the expansion of herd size on dairy farms around the world. The rise in production and increasing demand for milk and milk products such as cream, butter, and cheese, as well as the rise in demand for smart farming techniques to increase overall efficiency and productivity, fuel the market's expansion. The substantial cost savings associated with dairy herd management products and the increase in funding investments for the development of dairy farms have a positive impact on the market.

Opportunities:
Technological advancements, rapid urbanization, digital innovation, and government initiatives pertaining to dairy herd management have created an opportunity for the dairy herd management market. In addition, Increased labor costs and cost savings associated with automated dairy cattle management techniques are anticipated to drive market growth during the forecast period.

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Market segmentation
By Type
• Hardware and Systems
• Standalone Software
• On-premise Software
By Application
• Reproduction Management
• Animal Comfort
• Calf Management
• Feeding Management
• Milk Harvesting
• Heat Stress Management
• Others

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Regional Outlook of Dairy Herd Management Market
In the near future, North America and Europe are projected to contribute the most to the global dairy herd management industry. The increasing contribution of the dairy industry, the number of dairy cows, and the wide pool of dairy exports in developing countries as a result of increased dairy consumption in these regions are the main reasons for the large contribution from these regions. Increasing disposable income, growing population, and active government involvement in the development of the dairy farming industry may all lead to Dairy herd management market's growth in developing Asia Pacific, Latin America, and other regions. However, in some parts of the world, factors such as unethical animal behaviours may have a negative effect on the dairy herd management industry.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Dairy Herd Management Market are :
• Valley Agriculture Software (U.S.)
• Dairy Master (Ireland)
• Afimilk (Israel)
• Sum-It Computer Systems (U.K.)
• SCR Dairy (Israel)
• GEA Group (Germany)
• DeLaval (Sweden)
• BouMatic (U.S.)
• Lely Holdings (Netherlands)
• Infovet (India)

Report includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures And Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?

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