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Poultry Brooders, Feeders, And Waterers Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Poultry Brooders, Feeders, And Waterers Global Market Report 2021: COVID 19 Impact and Recovery to 2030

  • May 2021
  • 175 pages
  • ID: 6071884
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the poultry brooders, feeders, and waterers market are Big Dutchman International GmbH, OFFICINE FACCO & C. Spa, Tecno Poultry Equipment Spa, Valco Companies Inc., Vencomatic Group, Jamesway Incubator Company, LUBING Maschinenfabrik Ludwig Bening GmbH & Co. KG, and ME International Installation GMBH.

The global poultry brooders, feeders, and waterers market is expected to grow from $31.32 billion in 2020 to $34.48 billion in 2021 at a compound annual growth rate (CAGR) of 10.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $47.32 billion in 2025 at a CAGR of 8.2%.

The poultry brooders, feeders, and waterers market consist of sales of poultry brooders, feeders, and waterers by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing poultry farm equipment such as brooders, feeders, and waterers which are used for brooding eggs, feeding birds and providing water to the birds. Only goods and services traded between entities or sold to end consumers are included.

The integration of IoT-based devices with equipment is increasingly being used in the poultry brooders, feeders, and waterers market.IoT solution will help farmers to settle on better choices regarding feed change and disease control and also monitor key performance indicators that improve production.

In September 2020, BinSentry, a provider of Internet of Things (IoT) solutions introduced the IoT enabled solution that allows livestock producers and feeds meals to monitor on-farm inventory.In addition to this, in February 2019, Roxell, a Malaysia-based company engaged in the manufacturing of automatic feeding, nesting, and heating systems launched Titan, a new automatic feeding system for heavy turkeys.

Hence, with an increase in farm size and pressure to produce more food efficiently, IoT devices will occupy more space over farms in the near future which is expected to fuel the market growth.

The poultry brooders, feeders, and waterers market covered in this report are segmented by product type into brooders, feeders, waterers, by operation into automatic, manual, semi-automatic, by poultry into chicken, turkey, duck, others.

In October 2020, VDL Agrotech B.V., a Netherlands-based company and a member of the VDL Groep offering a wide range of automatic poultry feeding systems acquired Jansen Poultry Equipment (JPE) for an undisclosed amount. The acquisition of JPE will enable VDL Agrotech B.V. to become a complete provider of the international poultry market. Jansen Poultry Equipment, a Netherlands-based company that specializes in the development and manufacturing of systems that are vital to the poultry sector.

Increasing consumption of poultry products is expected to drive the growth of the poultry brooders, feeders, and waterers market.The rise in poultry consumption is connected with four key factors such as explicit growth, improvements in income, chicken price relative to those for competitive meats, and dietary preferences.

According to the Organisation for Economic Co-operation and Development (OECD) statistics, global poultry meat consumption is expected to increase from 14.74 kilograms per capita in 2019 to 15.10 kilograms per capita by the end of 2029. Moreover, according to Poultry World, the global poultry market increased by 6% to reach $231.5 billion in 2019 with China (20 million tons), the USA (19 million tons), and Brazil (12 million tons) accounting for 40% of the global volumes in the same year. Thus, the rising consumption of poultry products is indicating the need for high-quality poultry meat which in turn boosts the market for poultry brooders, feeders, and waterers market.

The shift in preferences of individuals away from non-vegetarian food is expected to limit the growth of poultry brooders, feeders, and waterers market.One of the major factors for the decrease in poultry food preferences is animal cruelty towards poultry animals.

As indicated in the Ethical Treatment of Animals (PETA), chickens are possibly the most abused animals on the planet.In the USA, approximately 305 million hens are used for their eggs and 9 billion chickens are slaughtered annually for their flesh.

Genetic selection and a steady dose of growth-promoting drugs are used to ensure large, fast-growing birds to increase the demand and decrease production costs.Furthermore, in October 2018, World Animal Protection received over 500,000 signatures from all over the world for a campaign and petition called Change for Chicken against KFC which intended at influencing the fast-food giant to adopt more humane practices in their chicken farms.

This increasing awareness about animal cruelty against poultry animals is driving away from people from consuming poultry meat thus causing a decline in the poultry brooders, feeders, and waterers market.

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