Estimates predict that the global cattle squeeze market will be worth US$3.89 billion in 2023 and US$7.03 billion by 2033. Over the course of the forecast period, it is expected that sales of cattle squeeze will increase at a CAGR of 6.1%.
The increase in global milk production and consumption is the main factor driving the market. Farms are expanding and housing more animals as a result of the rising demand for goods containing milk. On a global level, this is increasing demand for modern dairy farming equipment like cattle squeezes.
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The cattle squeeze chute is being used by farmers more frequently because it is challenging to control cattle while they are bathing due to their high level of resistance. Cattle, however, are delicate.
Agricultural producers require specific equipment for managing livestock to increase productivity. Using cognitive agricultural technologies to handle farm animals better has several benefits, including cheaper expenses for animal care. Furthermore, high demand for cattle squeezes is anticipated to result from this.
The expansion is also attributed to both the rise in the demand for high-quality dairy and meat products and the increased use of innovative techniques for handling and caring for animals. Its growth can also be attributed to factors like greater awareness of animal health complications and the importance of hygiene.
Manufacturers provide a range of squeezes for cattle, including inexpensive machinery that works well for small-size cattle and high-performance dryers for large-size calves. To allow customers to customize their squeeze chutes to their own needs, several players also provide modification alternatives.
The market in North America had the highest share in 2022. Over the projected period, it is anticipated that the region would maintain its prominent hold. The regional market has expanded given the high rates of product adoption and the existence of key manufacturers.
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KEy TAKEAWAYS:
The market in the United Kingdom is anticipated to grow at a CAGR of 6.5% through 2033.
The US dominated the market in 2022 holding a 29.5% share of the global market.
Japan was reported to possess a 4.5% share of the global market in 2022.
With a CAGR of 7.2% over the forecast period, India is predicted to grow rapidly in the market.
The market in China is expected to grow at a CAGR of 4.9% over the forecast period.
Germany accounted for 17.4% of the global market in 2022.
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COMPETITIVE LANDSCAPE
The top manufacturers of the cattle squeeze market are Arrowquip, Agromaster, Appleton Steel, Inc, Alsaç Makina Ciftlik Ekipmanları, TAIZHOU BISON MACHINERY CO. LTD, Beerepoot Agri, Behlen Country, BEISER ENVIRONNEMENT, Brute Cattle Equipment &, Dodge Manufacturing Co, Comfort Hoof Care, DIAMAK, DP Agri Ltd., Eko Hoofcare, EXPRESS FARMING, Farmquip — Woolaway Construction Limited, IAE, Intermilk, Lakeland, O’Donnell Engineering and others.
These companies have used numerous techniques to gain sustainable competitive advantage. They have grown their customer base and profitability by implementing both inorganic and organic action plans, such as the introduction of brand-new products, acquisitions, mergers, corporate modernization, and partnerships.
RECENT DEVELOPMENTS
In February 2022, Behlen Mfg. Co. has entered into a contract with Freeland Industries, Inc. and Freeland Trucking, Inc. to increase their product selection and satisfy the rising demand from clients.
In January 2021, the general squeeze chute was developed by Arrowquip for larger enterprises with the capacity to process many cattle. The company’s market now includes factory farms owing to the new chute, which represents the conclusion of nearly 18 years of industry development.
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Cattle Squeeze Market Segmentation
By Function:
- Hydraulic
- Manual
By Application:
- Poultry Farm
- Dairy Farm
By Animal Type:
- Cow
- Calf
- Bull
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa
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