The global cattle squeeze market is valued at US$ 3.89 billion in 2023 and is expected to grow to US$ 7.03 billion by 2033. Cattle squeeze sales are expected to increase at a CAGR of 6.1% during the forecast period.
The main factor driving the market is the global increase in milk production and consumption. As the demand for milk-based products grows, farms are becoming larger and housing more animals. This is driving up global demand for cutting-edge dairy farming equipment like cattle squeezes.
Farmers are adopting the cattle squeeze chute even more since it is problematic to regulate cattle when bathing due to their high level of recalcitrance. Nonetheless, cattle are prone to a wide range of ailments. Therefore, maintaining good hygiene is essential. The task of handling and grooming the cattle can be made considerably smoother using cattle squeezes.
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.
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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.
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.
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