Automatic Hog Feeder Market Poised for Remarkable Growth, Projected to Reach US$ 911 Million by 2033 at a 7.1% CAGR

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The USA automatic hog feeder market is growing due to labor costs, consumer demand for automation, animal welfare, and large-scale farming.
NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 8, 2023 /EINPresswire.com/ -- The automatic hog feeder market growth is predicted to be worth US$ 459 million in 2023 and rise to US$ 911 million by 2033. Demand is expected to increase at a CAGR of 7.1% during the projected period.Smart technology is becoming popular in the hog feeding industry. The process is made simple by the creation of automated hog feeders with modern amenities like Wi-Fi connectivity. Farmers can now observe and control their hog-feeding operations from any location, due to remote monitoring and even machine learning capabilities.
The expansion of the world market is impacted by recent advancements like automatic weighing and biometrics. The integration of biometric sensors in hog management software allows for the monitoring of more animals with fewer staff members. It provides precise and unbiased information about their welfare and health.
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Sales of automatic hog feeder have surged as a result of the inefficiency of manual machinery and the high labor costs associated with operating manual feeders. For higher profit margins, manufacturers of automatic hog feeder are creating equipment that is simple to operate and useful.
The usage of automatic hog feeders has grown as a result of the expanding hog population and the rise in disposable income. Additionally, with the demand for hog meat and related products increasing globally, farmers are interested in using automatic hog feeders to increase hog production.
Key Takeaways from the Automatic Hog Feeder Market Report:
In 2022, the USA dominated the automatic hog feeder market, with a share of 30.1%.
The demand for automatic hog feeder increased at a 6.4% CAGR between 2016 and 2022, citing FMI's study.
The expansion in China is anticipated to expand at an adequate CAGR of 5.7% by 2033. China’s market is likely to generate a share of US$ 75.3 million by 2033.
Japan's automatic hog feeder market share was 4.4% in 2022 due to the rising number of small-scale hog farms.
Between 2023 and 2033, the automatic hog feeder market is likely to increase in India at 3.9% CAGR, respectively.
The expansion in the UK is anticipated to expand at an adequate CAGR of 7.6% by 2033. The UK's market is expected to generate a share of US$ 38.9 million by 2033.
Germany’s automatic hog feeder market share was 19.9%, with a worth of US$ 85.2 million in 2022.
Australia’s market share for automatic hog feeder was 2.3%, with a worth of US$ 9.7 million in 2022.
"We have observed a significant surge in the adoption of automated feeding systems within the swine industry. Our research reveals that advancements in technology and the pursuit of improved efficiency and productivity in hog farming are driving the growth of this market, with a promising outlook for the coming years." - says Nandini Roy Choudhury, Client Partner for Food & Beverages at Future Market Insights, Inc.
Competitors Maximizing Their Potential for Greater Market Share:
The fact that there is a lot of demand for what the business offers makes for successful companies. Startups developed from businesses that were able to sell to customers directly or through resellers in low-bandwidth settings and regions with cheap distribution costs.
Important players are also spending a lot of money on marketing and promotional initiatives to outperform their rivals. In addition, these businesses are concentrating on strategic alliances and partnerships to diversify their product offerings and win a sizable market share.
Leading Key Players:
Hog Slat
PS Operating Company LLC
Osborne Livestock Equipment
Sioux Steel Company
CountyLine
O’Mara
Fancom BV
Big Herdsman Machinery
Behlen Country
Miller Manufacturing Company
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Recent Developments:
In May 2022, ANDRITZ unveiled the micro feed system, the 3-Rolls assembly upgrade for the Paladin 2000, and the metris vibe, three new innovations in animal and aqua feed equipment. With a dimension of less than 2mm, the technology enhances capacity by 40% as compared to conventional extrusion machines.
F.H. Schule Mühlenbau, a member of the Kahl Group, and Bratney Companies partnered together in July 2019. For both new and current milling plants, this cooperation involves joint distributorship, sales, and marketing initiatives in the United States.
Automatic Hog Feeder Market Segmentation:
By Type:
Infant Feeders
Adult feeders
By Material:
Stainless Steel
Mild Steel
Others
By Application:
Hunting
Domestic Farm
By Sales Channel:
Direct Sales
Agro Sales
By Region:
North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa
Author By:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
Have a Look at the Related Reports of the Process Automation Domain:
Automatic Cattle Waterer Market Share: Global market size is projected to be valued at US$ 560 million in 2023 and is expected to hit around US$ 975 million by 2033. Sales of automatic cattle waterers are expected to rise at a CAGR of 5.7% during the forecast period.
Horse Drawn Farming Equipment Market Growth: The market is set to grow steadily at a 5.5% annual rate. By 2033, it's anticipated to reach a substantial value of US$ 7.66 billion, reflecting the ongoing relevance of this traditional farming method.
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 over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Ankush Nikam
Future Market Insights, Inc.
+91 90966 84197
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