The market for chicken feeders and drinkers is predicted to be worth USD 3,573 million in 2023, and rise to USD 5,289 million by 2033. Demand is expected to increase at a CAGR of 4% over the course of the projected period.
Major reason anticipated to promote demand for chicken feeders and drinkers is the increased desire of farm owners to systematize activities. Poultry farmers select the most cost-effective and effective feeders and drinkers in order to give better feed management and quality.
Sales of chicken feeders and drinkers are increasing as a result of the equipment’s increased feed delivery precision and decreased labor expenses. Additionally, the device may gather information on feed consumption that farmers can utilize to identify potential flock health issues.
Automated feeders and drinkers are becoming more popular because they provide feed more consistently, improving animal health and growth rate. The increasing demand for both conventional and specialty poultry products is driving the industry’s potential.
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Global demand for automated equipment is being driven by large poultry farms operated by major industry participants in chicken feeders and drinkers. Businesses are making products like automatic feeders and drinks that are specifically designed for the home market.
Key Takeaways
- In 2022, the US rules the chicken feeders and drinkers market, with a share of 30.4% due to the growing agriculture stores.
- The market for chicken feeders and drinkers increased at a 3.6% CAGR between 2016 and 2022, citing FMI’s study.
- The expansion in China is anticipated to expand at an adequate CAGR of 3.2% by 2033. China’s market is likely to generate a share of USD 403.8 million by 2033.
- Japan’s market share for chicken feeders and drinkers is 4.8% in 2022 due to the growing poultry sector.
- Between 2023 and 2033, the chicken feeders and drinkers market is likely to increase in India at 4.7% CAGR, respectively.
- The expansion in the UK is anticipated to expand at an adequate CAGR of 4.3% by 2033. The UK’s market is expected to generate a share of USD 496.3 million by 2033.
- Germany’s market share for chicken feeders and drinkers is 19.9%, with the worth of USD 682.9 million in 2022.
Key Strategies by Chicken Feeders and Drinkers Manufacturers
Businesses that produce chicken feeders and drinkers strive to improve their current offerings, while also developing state-of-the-art technologies and feeding strategies for poultry. Along with well-established businesses, they are also developing positive relationships with other businesses in the poultry sector, especially those that make feed.
Key Players
- SKA Poultry Equipment
- Kenpoly Manufacturers Limited
- INDIV USA
- Browser
- AZA International SRL
- Big Dutchman
- Chore-Time
- Exafan
- Le Roy
- Ningbo Joygen
- Retech Farming
- Roxell BVBA
- SouthWest Agri-Plastic Inc.
- Stoutagri
Recent Developments:
- The Time for Work In January 2020, the KONAVI® Poultry feeder provided the turkeys a good start. The innovative open-style design of the KONAVI® Poult Feeding System has a green center cone that increases feed visibility and attracts young birds.
- In September 2019, Big Dutchman and CP Group came to an agreement to work together, and they have contracts in place for two farms, each with three million laying hens. As a result of their collaboration, Big Dutchman and CP created a new benchmark for layer farms.
- In 2011, South Indian Poultry Equipment, a partnership-based company, was established in Ernakulam, Kerala. It works as a producer of plastic cans, drinkware, bird feeders, poultry fans, and equipment for raising poultry. It is a well-known company that specializes in offering an incredible variety of these products.
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Key Segmentations
By Capacity:
- Less Than 1 Kg
- 1-5 Kg
- 6-10 Kg
- More Than 10 Kg
By Product Type:
- Feeding Equipment
- Drinking Equipment
By Bird Capacity:
- 1-5 Birds
- 6-10 Birds
- More Than 10 Birds
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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