CAGR: 3.9%Current Market Size: USD 5.09 BillionFastest Growing Region: North America
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The global poultry keeping machinery market is expected to grow from USD 5.09 billion in 2022 to USD 6.91 billion by 2030, at a CAGR of 3.9% during the Projection period 2023-2030. The growth of the poultry-keeping machinery market is mainly driven by the increase in fast food and restaurants..
Raising domestic birds like chickens, ducks, and geese is known as poultry keeping. These birds are raised with the intention of producing fresh meat and eggs for human consumption. Systems for drinking, monitoring, and feeding fowl make up the machinery used in poultry keeping and are essential components of the poultry setup. Farm and agricultural equipment manufacturers are under pressure to provide technologically cutting-edge and distinctive product offerings as a result of the rising integration of automation in this equipment. Manufacturers of farm and agriculture equipment have made notable investments in research and development to create novel patented technologies, which help them stand out from the competition in the market. Additionally, producers of poultry-keeping equipment are putting more emphasis on raising yield. This guarantees that essential foods like chicken, eggs, etc. may be provided at a margin of pricing that is competitive. Poultry meat has become a more cost-effective and accessible source of protein as demand for animal protein has increased. Therefore, it is likely that people will continue to prefer poultry meat over alternatives like beef and pork. Poultry meat will continue to be in high demand due to its low cost and high protein content, which will fuel the expansion of the poultry-keeping equipment market.
Sample Request: - Global Poultry Keeping Machinery Market
Market Dynamics:
Drivers:
The global population was 7.3 billion in 2015, and the United Nations Department of Economic and Social Affairs predicts that number will increase to 8.5 billion by 2030. As poultry is an inexpensive source of protein, there will likely be a considerable increase in demand for poultry products as a result of this significant increase in demand for healthy dietary goods. This calls for upgraded infrastructure and livestock management facilities. Additionally, changes in food consumption patterns, shifting customer preferences toward value-added foods, and so on. Therefore, during the course of the Projection period, these factors are anticipated to drive the worldwide poultry keeping machinery market.
Restraints:
With regard to the care and transportation of poultry livestock, substantial regulatory standards have been set by regulatory authorities and NGOs. In order to ensure the wellbeing of poultry birds and safeguard them against diseases like avian influenza, there is also more public emphasis on company practises and animal welfare. These laws regulate management procedures, transportation, housing, and slaughter methods. Therefore, during the Projection period, these factors are anticipated to hinder the expansion of the worldwide poultry keeping machinery market.
Opportunities:
Automation is projected to become the market leader for poultry keeping machinery in the future due to the continual technological improvements in farm and agricultural equipment over the years. Massive investments have been made in the poultry industry as a result of the rising demand for poultry meat, which has increased the need for the creation of productive and affordable poultry keeping equipment. Industry leaders have shown a strong inclination towards the creation of novel and affordable technologies in order to take advantage of this opportunity.
Challenges:
The greater expenses associated with installing, running, maintaining, and servicing poultry-keeping equipment is a key barrier that prevents small poultry farm operators from making sizable investments in cutting-edge goods. As a result, small- and medium-sized farm operators adhere to conventional methods for raising chickens. Therefore, during the course of the Projection period, these factors are anticipated to restrain the global market for poultry keeping equipment.
Segmentation Analysis:
The global poultry-keeping machinery market has been segmented based on thickness, type, application, and region.
By Type
The type segment is a climate control system, feeding device, and hatchery. The feeding devices segment led the largest poultry-keeping machinery market, with a market share of around 39% in 2022. A feeding device is a piece of equipment used to provide chicken, duck, or geese with sustenance. As an illustration, a chicken feeder automatically feeds chickens. The food pan can hold up to 25 pounds, and its handle may be placed under the chicken cage for carrying when necessary. Because feeders are composed of metal or plastic, they are enduring and simple to clean, lowering the possibility of bacterial, viral, or parasitic contamination (easy to wash).
By Application
The application segment is feeding duck, feeding chicken, feeding geese, and others. The feeding geese segment led the largest poultry-keeping machinery market, with a market share of around 40% in 2022. The market for poultry-keeping equipment provides an effective method for poultry farmers because it is made to fulfil the needs of feeding geese. Due to their high nutritional needs for calcium and protein, geese are one of the most challenging birds to produce. Without proper nutrition provided by its feeders, they may become ill and suffer losses. Therefore, poultry-keeping equipment aids in giving these birds the proper amount of food and temperature.
Global Poultry-Keeping Machinery Market- Sales Analysis.
The sale of the poultry-keeping machinery market expanded at a CAGR of 3% from 2016 to 2022.
Raising domestic birds including chickens, ducks, geese, and other poultry is referred to as poultry keeping. Eggs and fresh meat, which are staples in many people's diets, are produced as a result of poultry farming. The equipment used for maintaining chicken includes systems for feeding, watering, and monitoring. These tools are essential for setting up poultry enterprises. Additionally, by giving the birds a perfect habitat, poultry keeping equipment is positioned to boost output and lower bird mortality. Machines used for raising poultry play a crucial part in reproducing the ideal environment for the growth of farmed birds. An incubator is one of the many pieces of equipment for keeping poultry, and it helps to maintain the right temperature for egg hatching.
During the Projection period, it is expected that the global market for poultry-keeping equipment will expand at a moderate rate, with automation serving as a competitive advantage and cage-free systems being used in more developed economies. Farm and agricultural equipment manufacturers are under pressure to provide technologically cutting-edge and distinctive product offerings as a result of the rising integration of automation in this equipment. Manufacturers of farm and agriculture equipment have made notable investments in research and development to create novel patented technologies, which help them stand out from the competition in the market. Additionally, producers of poultry-keeping equipment are putting more emphasis on raising yield.
Thus, owing to the aforementioned factors, the global poultry-keeping machinery market is expected to grow at a CAGR of 3.9% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the poultry-keeping machinery market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region dominated the poultry-keeping machinery market and held a 39.2% share of the market revenue in 2022.
Global Poultry-Keeping Machinery Market - Country Analysis:
Germany's poultry-keeping machinery market size was valued at USD 0.37 billion in 2022 and is expected to reach USD 0.5 billion by 2030, at a CAGR of 4% from 2023 to 2030. In order to create cutting-edge products and technologies, major equipment manufacturers are working with educational and technological institutes. For instance, in August 2016, Vencomatic Group took part in a meeting with researchers from several universities in Germany to talk about the potential difficulties facing the poultry industry in North America.
China’s poultry-keeping machinery market size was valued at USD 0.49 billion in 2022 and is expected to reach USD 0.68 billion by 2030, at a CAGR of 4.2% from 2023 to 2030. The need for poultry farm equipment in China is anticipated to increase as household income rises, dietary habits change, and customer preferences shift toward value-added meals. In China, a significant share of all agricultural production is related to the production of livestock. The usage of poultry-keeping machinery is quite common in China as a result of the high adoption of technology for poultry farm equipment and the emergence of new competitors with innovative items.
India's poultry-keeping machinery market size was valued at USD 0.38 billion in 2022 and is expected to reach USD 0.52 billion by 2030, at a CAGR of 4.1% from 2023 to 2030. The regional market is growing faster because of the adoption of poultry-keeping machinery for various tasks like drinking, feeding, and monitoring systems vibration. These tools are used to increase output while reducing avian death.
Key Industry Players Analysis:
To increase their market position in the global poultry-keeping machinery market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
3.9% |
Market Size |
5.09 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Type, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Valco Companies, Inc., HAMex-GmbH, Vencomatic Group, Petersime NV, TEXHA PA LLC, A.P. POULTRY EQUIPMENTS, Jansen Poultry Equipment, Ziggity Systems, Inc., and TECNO POULTRY EQUIPMENT Spa. |
By Type |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Poultry-Keeping Machinery Market By Type:
Global Poultry-Keeping Machinery Market By Application:
Global Poultry-Keeping Machinery Market By Region:
Global poultry keeping machinery market is expected to reach USD 6.91 billion by 2030.
The poultry keeping machinery market is projected to have a CAGR of 3.9%.
Leading market players active in the global poultry keeping machinery market are Petersime NV, Jansen Poultry Equipment, Lebensmitteltechnik Anlagenbau GmbH, Vencomatic Group, Big Dutchman International GmbH, TEXHA PA LLC, Valco Companies, Inc., Hartmann and HAMEX-GROUP. among other
The global population was 7.3 billion in 2015, and the United Nations Department of Economic and Social Affairs predicts that number will increase to 8.5 billion by 2030. As poultry is an inexpensive source of protein, there will likely be a considerable increase in demand for poultry products as a result of this significant increase in demand for healthy dietary goods. This calls for upgraded infrastructure and livestock management facilities. Additionally, changes in food consumption patterns, shifting customer preferences toward value-added foods, and so on. Therefore, during the course of the Projection period, these factors are anticipated to drive the worldwide poultry keeping machinery market.
Political Factors- Pressure groups can alter the business environment by forming strong media alliances. These organisations are under pressure from these groups, which arrange protests and coordinate marketing campaigns. The poultry-keeping machinery market needs to keep a watch on these pressure organisations because they have the ability to affect government policy, which could ultimately have an effect on the general business climate. The poultry-keeping machinery market should collaborate closely with these organisations in order to earn their trust. To build closer ties with the community, it should also invest in moral and philanthropic initiatives.
Economic Factors- The success of the poultry-keeping machinery market is significantly influenced by the workforce's knowledge and abilities. The poultry-keeping machinery market requires talented employees to be on call in order to be competitive. poultry-keeping machinery market should look at trends in labour demand and supply to determine how employees with the right skill set could be employed successfully. A constrained labour market with powerful worker unions can result in a number of problems for the poultry-keeping machinery market business. For instance, it can exert pressure on the market for poultry-keeping machinery market to approve an unfair pay raise or it might halt production by calling for a strike.
Social Factors- High population growth and an increasing proportion of the young population group are two favourable demographic indicators when the poultry-keeping machinery market predominantly targets young consumers with its products/services. Researching the host country's perspective on immigration is important for the poultry-keeping machinery market because it indicates that diversity management strategies should be implemented if there is a welcoming attitude toward immigrants from different cultural backgrounds. The poultry-keeping machinery market should alter its marketing strategies to encourage diversity and inclusion. An upbeat view on migration also demonstrates that companies in the poultry-keeping machinery market may easily hire people from different cultural backgrounds.
Technological Factors- Since these countries make it easier for firms to pursue objectives like cost reduction, innovation, and value creation, they should be given preference in the market for industrial and institutional cleaning chemicals. A well-developed technological infrastructure also demonstrates that it will be more challenging for the poultry-keeping machinery market to utilise technology to gain a sustained competitive advantage because it may be easily replicated by competitors. By making the right technology investments, the poultry-keeping machinery market may enhance customer satisfaction, create operational efficiencies, and position itself as an innovative business.
Environmental Factors- Due to stringent environmental legislation in many different nations, businesses are under pressure to reduce environmental impact. Because failing to do so could lead to harsh, reputation-damaging criticism from relevant stakeholders, the poultry-keeping machinery market should adopt ethical production methods in response, encourage ethical consumption among its target market, work to improve its brand's sustainability reputation, and ensure full compliance with local and international environmental laws.
Legal Factors- Employment law refers to a large area of laws that defend workers' rights, including those to a fair wage, equality, equity, inclusion, fairness, and their bodily and emotional safety. In some countries, employment laws are not effectively enforced, while in others, breaching any of the outlined employee rights is punishable by heavy fines. While entering or operating in such countries, the poultry-keeping machinery market should ensure the security of the working environment. Both direct and indirect discrimination must be prevented, thus the right processes must be in place. Effective adherence to employment laws can help the poultry-keeping machinery market improve its employer brand reputation, which is essential for drawing and retaining top talent in the market.
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