Market Research Report Store Dairy Herd Management Market Projected to reach US
"Dairy Herd Management Market Projected to reach USD 2.90 billion by 2021 at a CAGR of
~7.8% during the forecast period" published in June 2017. It is a professional and in-depth
study.
Summary
Market Research Report Store announces a new report "Dairy Herd Management Market"added
to its database.The global dairy herd management market is projected to reach USD 2.90 billion by
2021 at a CAGR of ~7.8% during the forecast period. The growth of the dairy herd management
market is primarily driven by the increasing herd sizes in dairy farms and rising consumption of milk
and dairy products across the globe. Other factors such as the growing production of raw milk and
technological advancements also aid the growth of this market.
Detailed TOC Of Report @
https://www.marketresearchreportstore.com/shop/dairy-herd-management-market-by-prod
uct-hardware-milk-fertility-feeding-cattle-management-systems-software-on-premise-web-b
ased-application-milk-harvesting-reproduction-heat-stress-2
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In this report, the global dairy herd management market has been segmented into hardware and systems
and standalone software. The hardware & systems segment is estimated to account for the largest share
of the dairy herd management market in 2016; this large share is attributed to the rising demand for
herd management systems as well as dairy products, increasing preference for automated hardware and
systems, technological advancements, and increasing number of dairy cattle globally.
On the basis of application, the global dairy herd management market is segmented into milk
harvesting, reproduction management, animal comfort, calf management, feeding management, heat
stress management, and other applications (genetic management, cattle sorting, weighing, data analysis,
decision support, and financial management). The milk harvesting segment is expected to account for
the largest share of the dairy herd management market in 2016. A number of factors such as increasing
preference for automated milk harvesting systems, high focus of farmers towards increasing milk yield,
and growing demand for dairy products are driving the market growth in this application segment.
Geographically, Europe is estimated to command the largest share of the global dairy herd management
market in 2016, followed by North America. The increasing number of dairy cows, high efficiency
ratio along with positive growth rate of milk production, significant contribution of dairy industry, and
large pool of dairy exports in Europe are driving the market growth in the region. The APAC dairy
herd management market is expected to witness the highest growth during the forecast period owing to
the increasing demand for milk and milk products as a result of the rising population, growing