Market Research Report Store Dairy Herd Management Market Projected to reach US | Page 3

1.4 CURRENCY 15
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH METHODOLOGY STEPS 17
2.2 SECONDARY AND PRIMARY RESEARCH METHODOLOGY 18
2.2.1 SECONDARY RESEARCH 18
2.2.1.1 Key data from secondary sources 18
2.2.2 PRIMARY RESEARCH 19
2.2.2.1 Key data from primary sources 20
2.3 MARKET SIZE ESTIMATION METHODOLOGY 21
2.3.1 RESEARCH METHODOLOGY: BOTTOM-UP APPROACH 21
2.3.2 RESEARCH METHODOLOGY: TOP-DOWN APPROACH 22
2.4 RESEARCH DESIGN 22
2.5 MARKET DATA VALIDATION AND TRIANGULATION 23
2.6 ASSUMPTIONS FOR THE STUDY 24
3 EXECUTIVE SUMMARY 25
3.1 INTRODUCTION 25
3.2 CURRENT SCENARIO 26
3.3 FUTURE OUTLOOK 27
3.4 CONCLUSION 29
4 PREMIUM INSIGHTS 30
4.1 DAIRY HERD MANAGEMENT: MARKET OVERVIEW 30
4.2 REGIONAL ANALYSIS: DAIRY HERD MANAGEMENT MARKET, BY PRODUCT,
2016 VS. 2021 (USD MILLION) 31
4.3 DAIRY HERD MANAGEMENT MARKET GROWTH RATE, BY PRODUCT AND REGION
(2016–2021) 32
4.4 DAIRY HERD MANAGEMENT MARKET, BY APPLICATION 33

5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.3 MARKET DYNAMICS 36
5.3.1 DRIVERS 37
5.3.1.1 Increasing herd size of dairy farms 37
5.3.1.2 Increasing production and consumption of milk & dairy products 37
5.3.1.3 Technological advancements and new product launches 39
5.3.1.4 Substantial cost savings associated with dairy herd management 39
5.3.1.5 Key benefits of smart farming 40
5.3.2 RESTRAINTS 41
5.3.2.1 Dearth of trained dairy professionals 41
5.3.2.2 Ongoing campaigns to save dairy animals from unethical practices 41