The Global Dairy Herd Management Market is estimated to grow at a CAGR of 7.6% during the forecast period. Dairy herd management is critical for dairy farms that want to sustain high productivity over time. Several critical elements of the global dairy herd management market are successfully managed, including cow nutrition, reproduction, comfort, and milking. Aside from these necessities, all dairy farms cope with weather, transportation, and expense logistics. It can be difficult to strike the right balance, but with careful planning and the use of the most up-to-date dairy farm training and technology, it becomes feasible.
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The key growth drivers for the dairy herd management industry are expanding dairy farm herd sizes, and rising milk & dairy product consumption. Increased public-private funding and investments in dairy farming, as well as technical improvements, are assisting the market’s expansion. During the forecast period, however, ongoing activities to safeguard dairy cows from unethical herd management techniques are expected to restrain the market growth. Additionally, the scarcity of educated dairy specialists is projected to hamper the market’s expansion. Globally, the herd size of dairy farms has increased significantly over the years. According to the OECD-FAO Agricultural Outlook 2019-2028, compared to the previous decade, the estimated growth of cowherds is 1.2% per annum and is higher than the estimated average yield growth (0.4%), as cowherds are projected to grow faster in countries with low yields.
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In developing countries, adoption of dairy herd management products or technologies is delayed, owing to high installation costs and a lack of understanding among farmers. However, increased demand for milk and dairy products, rising per capita income of farmers in emerging nations, increasing herd size, and governments’ increasing focus on livestock farming and agriculture, are the factors, predicted to drive up demand for improved dairy herd management. For Instance, in June 2021, Merck & Co. Inc. had entered into a partnership with LIC Automation Ltd. (New Zealand) to expand the company’s product line and client base. For the dairy industry, LICA manufactures and distributes specialized and integrated herd management systems as well as milk-testing sensors.
Global Dairy Herd Management Market – Segmentation
By Product
Automated Dairy Herd Management Systems
Milk Management Systems
Reproductive Health Management Systems
Feeding/ Nutrition Management Systems
Cattle Management Systems
Heard Health Management Systems
Software
On-premise Software
Web-based/ Cloud based Software
Data Analytics and AI
By Application
Milk Harvesting
Feeding
Breeding
Cow Comfort and Heat Stress Management
Calf Management
Health Management
Other Application
Global Dairy Herd Management Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
DeLaval Inc.
Merck & Co. Inc.
GEA Group Aktiengesellschaft
BouMatic
Afimilk Ltd.
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