May 20, 2024

Poultry Keeping Machinery Market Owing To Rising Demand For Poultry Products & Increasing Automation In Poultry Farming Industry

Market Overview:

Poultry keeping machinery includes equipment used in poultry farming for housing, feeding and watering poultry as well as egg collection and processing. Common equipment used includes feeders, drinkers, nest boxes, egg collection belts, chick boxes, coops, brooders and poultry housing systems. This machinery automates daily operations and improves production efficiency on poultry farms.

Market Dynamics:

Growing demand for poultry meat and eggs globally is driving increasing scale of poultry production. According to the Food and Agriculture Organization, poultry meat production has increased over 4 times between 1989 and 2018 to over 130 million tons. Rising disposable incomes in developing countries are increasing consumption of chicken and eggs. Additionally, labor costs in the poultry industry are rising continuously. This is encouraging farmers to adopt automated poultry keeping machinery to reduce operational costs. For example, equipment like automated feeding systems and nest boxes reduce requirement for manual labor. Furthermore, urbanization is reducing availability of manpower for poultry farming. This is further propelling uptake of automated poultry keeping equipment worldwide.

SWOT Analysis:

Strength:
– Growing demand for processed poultry products drives the market (increasing health awareness, rise in disposable incomes).
– Increasing automation in poultry farming reduces operational costs and improves productivity (accurate environmental control, disease control).
– Advanced machinery improves processing efficiency and ensures food safety standards are met (automated sorting, grading, portioning).

Weakness:
– High initial investments required for machinery and equipment increases payback periods.
– Volatility in raw material prices impacts profits of machinery producers.

Opportunity:
– Penetration in emerging nations as consumers shift to protein-rich diets (Brazil, India, China).
– Technology upgrades for traceability, robotics, and data analytics open new revenue streams.

Threats:
– Trade barriers and policies affect international procurement.
– Outbreaks of avian diseases disrupt operations.

Key Takeaways:

The Global Poultry Keeping Machinery Market Demand is expected to witness high growth, exhibiting CAGR of 3.4% over the forecast period, due to increasing demand for protein-rich diets.

Regional analysis:
North America dominates currently due to advanced operations and consolidations in poultry production. However, Asia Pacific is emerging as the fastest growing market led by countries like China and India experiencing rising meat consumption.

Key players:
Key players operating in the poultry keeping machinery market are Jansen Poultry Equipment, Petersime NV, Vencomatic Group, Big Dutchman International GmbH, Valco Companies, Inc., TEXHA PA LLC, Hartmann Lebensmitteltechnik Anlagenbau GmbH, and HAMEX-GROUP. They are focusing on developing automation solutions for traceability, feed mixing, ventilation.

Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it