The global poultry keeping machinery market reached a value of nearly $4.52 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.61% since 2018. The market is expected to grow from $4.52 billion in 2023 to $6.09 billion in 2028 at a rate of 6.10%. The market is then expected to grow at a CAGR of 6.60% from 2028 and reach $8.38 billion in 2033.
Growth in the historic period resulted from strong economic growth in emerging markets, increase in consumption of poultry meat, increased focus on health and fitness and the rise in disposable income. Factors that negatively affected growth in the historic period included geo-political tensions and higher cost and requirement of large land.
Going forward, the increasing government support, increasing demand for poultry products like chicken meat and eggs, rapid urbanization and increasing populations will drive the market. Factors that could hinder the growth of the poultry keeping machinery market in the future include rising awareness of animal cruelty.
The poultry keeping machinery market is segmented by type into feeding device, climate control system, hatchery breeding and management, broiler harvesting and slaughtering, residue and waste management and other types. The feeding device market was the largest segment of the poultry keeping machinery market segmented by type, accounting for 33.83% or $1.53 billion of the total in 2023. Going forward, the feeding device segment is expected to be the fastest growing segment in the poultry keeping machinery market segmented by type, at a CAGR of 6.82% during 2023-2028.
The poultry keeping machinery market is segmented by poultry type into turkey, chicken, duck and other poultry types. The chicken market was the largest segment of the poultry keeping machinery market segmented by poultry type, accounting for 88.78% or $4.02 billion of the total in 2023. Going forward, the duck segment is expected to be the fastest growing segment in the poultry keeping machinery market segmented by poultry type, at a CAGR of 8.89% during 2023-2028.
The poultry keeping machinery market is segmented by end-user into farm and poultry factory. The farm market was the largest segment of the poultry keeping machinery market segmented by end-user, accounting for 69.40% or $3.14 billion of the total in 2023. Going forward, the poultry factory segment is expected to be the fastest growing segment in the poultry keeping machinery market segmented by end-user, at a CAGR of 6.50% during 2023-2028.
Asia-Pacific was the largest region in the poultry keeping machinery market, accounting for 33.13% or $1.5 billion of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the poultry keeping machinery market will be Western Europe and the Middle East, where growth will be at CAGRs of 7.77% and 7.11% respectively. These will be followed by Asia-Pacific and South America, where the markets are expected to grow at CAGRs of 6.07% and 5.83% respectively.
The global poultry keeping machinery market is fairly fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 13.47% of the total market in 2022. The market fragmentation can be attributed to the presence of a large number of small players in different geographies. Big Dutchman International GmbH was the largest competitor with a 5.55% share of the market, followed by Munters Group AB with 2.73%, Henan Jinfeng Poultry Equipment Co. Ltd. with 1.76%, Vencomatic Group with 1.50%, Roxell with 0.76%, Petersime NV with 0.46%, VDL Jansen Poultry Equipment with 0.23%, Ziggity Systems Inc. with 0.17%, Facco Poultry Equipment with 0.16% and Kishore Farm Equipments Pvt. Ltd. with 0.14%.
The top opportunities in the poultry keeping machinery market segmented by type will arise in the feeding device segment, which will gain $598.56 million of global annual sales by 2028. The top opportunities in the poultry keeping machinery market segmented by poultry type will arise in the chicken segment, which will gain $1.32 billion of global annual sales by 2028. The top opportunities in the poultry keeping machinery market segmented by end-user will arise in the farm segment, which will gain $1.04 billion of global annual sales by 2028. The poultry keeping machinery market size will gain the most in the USA at $266.65 million.
Market-trend-based strategies for the poultry keeping machinery market include focusing on ceiling-suspended robot systems in poultry farms, strategic partnerships and collaborations, technological advancements, integration of internet of things (IoT) in poultry keeping machinery and developing new, innovative products for the poultry industry.
Player-adopted strategies in the poultry keeping machinery market include focus on expanding business expertise through new product launches and expanding business through strategic partnerships.
To take advantage of the opportunities, the analyst recommends the poultry keeping machinery companies to focus on ceiling-suspended robot systems, focus on robotic technologies, focus on IoT integration, focus on innovative product launches, focus on feeding device segment, focus on chicken and duck segments, expand in emerging markets, focus on diversifying distribution channels, focus on strategic partnerships and collaborations, provide competitively priced offerings, continue to use B2B promotions, emphasize industry events and trade shows and focus on effectively targeting end users in the agriculture sector.
Table of Contents
Executive Summary
Poultry Keeping Machinery Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global poultry keeping machinery market as it emerges from the COVID-19 shut down.Reasons to Purchase:
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Description
Where is the largest and fastest-growing market for poultry keeping machinery? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The poultry keeping machinery market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider poultry keeping machinery market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by poultry type and by end-user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the poultry keeping machinery market.
- Global Market Size and Growth - Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by poultry type and by end-user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for poultry keeping machinery providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Feeding Device; Climate Control System; Hatchery Breeding and Management; Broiler Harvesting and Slaughtering; Residue and Waste Management; Other Types2) by Poultry Type: Turkey; Chicken; Duck; Other Poultry Types
3) by End-User: Farm; Poultry Factory
Key Companies Mentioned: Big Dutchman International GmbH; Munters Group AB; Henan Jinfeng Poultry Equipment Co. Ltd.; Vencomatic Group; Roxell
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; poultry keeping machinery indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Big Dutchman International GmbH
- Munters Group AB
- Henan Jinfeng Poultry Equipment Co. Ltd.
- Vencomatic Group
- Roxell
- Petersime NV
- VDL Jansen Poultry Equipment
- Ziggity Systems Inc.
- Facco Poultry Equipment
- Kishore Farm Equipments Pvt. Ltd.
- Denvik Technology
- Dorset Green Machines B.V.
- Henan Dusan Biomass Technology Co., Ltd.
- Shanghai Xiashu Intelligent Technology Co Ltd.
- Shandong Goldenest Machinery Manufacturing Co., Ltd.
- Weifang U-Best Husbandry Equipment Co., Ltd.
- Henan Silver Star Poultry Equipment Co., Ltd.
- AP Poultry Equipments
- Nabel Co. Ltd.
- Huabo Agricultural Equipment Co. Ltd.
- TIBOT Technologies
- Octopus Biosafety
- Hotraco
- Van der Leegte Groep B.V.
- Hartmann Lebensmitteltechnik Anlagenbau
- SKOV A/S
- Fancom BV
- Sere Transilvania S.A.
- TEXHA
- Fan Poultry Equipment
- Meyn Polska Sp. z o.o.
- Comati PSG Romania SRL
- Lubing Systems, LP
- Nothum Food Processing Solutions
- Prinzen Mexico
- GSI Group Mexico
- Nelson Poultry Equipment
- Valco Companies
- Chore-Time
- Jamesway Incubator Company
- Marel Poultry
- Cumberland Poultry
- Dorset Group
- Kilbra
- Embrapa
- JF Máquinas Agrícolas
- Fienile Agrometal
- Pilgrim's Argentina
- Inversiones Mundial
- Incubadoras Santa Isabel
- Avimac S.A.S
- Policor S.A.C
- Agrotop
- Al Watania Agriculture
- AGCO Qatar
- Tavsan
- Poul-Tech
- RETECH Farming
- Unga Farm Care (EA) Limited
- Koudijs Egypt
- Zartech Limited
- Ugachick Poultry Breeders Limited
- Supreme Feeds Limited
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 297 |
Published | July 2024 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 4.52 Billion |
Forecasted Market Value ( USD | $ 8.38 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |