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Dairy Herd Management Market By Analysis of Major Industry Segments 2024

Press Release   •   Jan 30, 2017 06:05 EST

Dairy herd management is an effective way to manage dairy farm business. Rise in demand for milk and milk products due to increasing population contributes to the growth in dairy farming. Dairy herd management helps farm mangers to know their herd’s numbers, pregnancy rates, conception rates, heat detection rates, first calving age, calf age, and other. The farm managers have data of the actual numbers and accordingly they develop plans on the basis of historic numbers and how those numbers can improve even further in the future. Dairy herd management helps to keep track on feed of cow, health of cow, and amount of milk produced by cow. This system further helps to cut down the overall cost of the dairy production.

Global dairy herd management has been segmented by product type, application, and geography. In terms of product type, the dairy herd management market is classified into hardware system and standalone software system. Hardware system includes various management systems such as cattle management system, fertility management system, milk management system, feeding management system, and other accessories for hardware system. The standalone software segment is classified into on-premise software, web-based software, and cloud-based software. In terms of revenue, hardware system holds major market share in the dairy herd management market. The large share is attributed to rising demand for herd management systems and increasing demand for dairy products. Similarly, increase in number of dairy cattle, rise in preference for automated hardware systems, and technological advancement are expected boost the market growth. The application for the dairy herd management market includes animal comfort, feeding management, milk harvesting, reproduction management, calf management, heat stress management, and other applications (such as weighing, cattle sorting, decision support, data analysis, financial management, and genetic management). The milk harvesting segment is expected to hold a significant share of the dairy herd management market. This is attributed to increasing usage and preference of automatic milk harvesting system and growing demand for milk products and high focus of diary manger toward increasing milk yield, which are boosting the market growth.

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Geographically, the dairy herd management market has been classified into five regional markets: North America (the U.S. and Canada), Europe (Germany, France, the U.K., Spain, Italy, etc.), Asia Pacific (Australia & New Zealand, China, Japan, India, etc.), Latin America (Mexico, Brazil, Argentina, etc.), and Middle East & Africa (Saudi Arabia, UAE, South Africa, etc.). In terms of revenue, Europe accounted for a major market share, followed by North America of the dairy herd management market, owing to increasing adoption rate of the system in this region. Moreover, government initiatives to adopt the systems and increase dairy herd management system usage contributed to the increase in demand. Emerging markets such as Asia Pacific, Latin America, and Middle East & Africa are expected to record robust growth during the forecast period owing to increasing awareness toward dairy herd management systems benefits.

In addition, there are number of factors that are likely to propel the growth of the dairy herd management market such as technological advancement, cost savings associated with system, increase in awareness about dairy herd management systems in developing countries, and rise in the number of dairy farms. For instance, in February 2016, DeLaval Inc. had launched DelPro 5.0 Herd Management Software to provide fully integrated and comprehensive dairy management solutions. The market is witnessing certain restraints such as lack of trained professionals for handling the system and low adoption rate of systems due to traditional practices.

Major players operating in this market include Afimilk Ltd., Allflex Group, GEA Group, Alta Genetics, DeLaval Inc., Dairymaster, Infovet, BouMatic. Lely S.a.r.l., Sum-It Computer Systems Ltd., FarmWizard, and Valley Agricultural Software.

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