By 2033, the sector is expected to expand significantly at a 7.1% CAGR. According to FMI, the revenue share of the automatic hog feeder market is predicted to rise from USD 459 million in 2023 to USD 911 million in 2033.
A key factor influencing the demand for automatic hog feeders is rising meat consumption. The livestock industry is under increasing pressure to meet the growing demand for high-value animal protein. In order to boost quality and productivity, livestock farmers are increasingly in need of an automatic hog feeders.
Due to the inefficiency of manual machinery and the high labor expenses associated with operating manual feeders, the sales of automatic hog feeders have increased. Automatic hog feeder makers are developing user-friendly and practical machines for better profit margins.
Due to the growing hog population and rise in disposable income, automatic hog feeder adoption has increased. Additionally, farmers are interested in employing automatic hog feeders to enhance hog productivity, with surging demand for hog meat and associated goods globally.
Attributes | Details |
---|---|
Automatic Hog Feeder Market CAGR (2023 to 2033) | 7.1% |
Automatic Hog Feeder Market Size (2023) | USD 459 million |
Automatic Hog Feeder Market Size (2033) | USD 911 million |
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When compared to the 6.4% CAGR recorded between 2016 and 2022, the automatic hog feeder industry is predicted to expand at a 7.1% CAGR between 2023 and 2033. The average growth of the market is expected to be around 1.07x between 2022 and 2023.
Market Statistics | Details |
---|---|
Market Share (2016) | USD 296.1 million |
Market Share (2021) | USD 403.0 million |
Market Share (2022) | USD 428.6 million |
Short-term Growth (2023 to 2026): the industry is anticipated to gain in the short term from technological advances, such as better sensors that enable more precise and effective feeding.
Medium-term Growth (2027 to 2029): precision livestock farming is a growing trend that is predicted to increase demand for an automated hog feeder.
Long-term Growth (2030 to 2033): the growing demand for automated hog feeders could be attributed to the rising popularity of substitute proteins like plant-based proteins.
Recent innovations like automatic weighing and biometrics affect global market growth. Hog management software's use of biometric sensors makes it possible to monitor more animals with fewer staff members. It gives accurate and unbiased information on their health and welfare.
Over the forecast period, the infant automatic hog feeder segment is expected to dominate the market. Growth is credited to the companies' investments in research and development to create new technology for infant hog feeders that are effective and nutritionally superior.
The need for young hog feeders is also being driven by governmental laws and customer preferences for ethical animal treatment. However, the adult automatic hog feeder segment is anticipated to experience considerable expansion.
During the forecast period, stainless steel automatic hog feeders are anticipated to lead the market share in terms of volume and value. Stainless steel is frequently used to produce hog feeders due to its improved corrosion-resistant qualities, longer product life, and simplicity of maintenance.
Stainless steel is a very ductile substance that can be used to create intricate components for automatic hog feeders. The segment's appeal is also owed to the fact that it is resistant to oxidation and abrasion and is renowned for its exceptional strength and durability.
Due to its low price, mild steel automatic hog feeders are anticipated to grow at a moderate rate throughout the projection period. Additionally, mild steel automatic hog feeders are simple to install and have a low material weight. As they can survive high temperatures and are resistant to wear and strain, the demand is expected to increase significantly.
The USA dominated the automatic hog feeder market with a share of 30.1%, and worth USD 129 million in 2022. The market is expanding due to the rising costs of human labor and rising consumer desire for automation and convenience.
Another factor boosting demand for automatic hog feeders is growing consumer concern over animal welfare and the value of providing hogs with a healthy diet.
The growing trend toward large-scale farming operations necessitates the use of automated systems to save time, money, and labor. As a result, the market in the USA is projected to witness significant growth during the forecast period.
Attributes | Statistics |
---|---|
United Kingdom Market Value 2022 | USD 38.9 million |
United Kingdom Market Value 2033 | USD 81.1 million |
United Kingdom Market Share (2023 to 2033) | 9.1% |
United Kingdom Market CAGR (2023 to 2033) | 7.6% |
The rising desire for automated technologies to assist farmers in managing their animals is fueling this expansion. In the United Kingdom, intelligent automated feeders are becoming common, as they provide better control over feed quantity, nutrition, and timing.
The project calls for the construction of an automatic feeding system that provides the pig's food at regular intervals and is able to keep track of their well-being. Other initiatives include installing automatic feeders in the pig unit of the National Pig Association and installing a monitoring system for the well-being of the pigs in the pig unit of the University of Warwick.
Germany dominated the Europe automatic hog feeder sector with a share of 19.9%, and worth USD 85.2 million in 2022. This is attributed to the constant efforts by key players in Germany.
Country | China |
---|---|
Market Share (2022) | 10.1% |
CAGR (2023 to 2033) | 5.7% |
Market Value (2022) | USD 43.29 million |
Market Value (2033) | USD 75.3 million |
Country | India |
---|---|
Market Share (2022) | 8.3% |
CAGR (2023 to 2033) | 3.9% |
Market Value (2022) | USD 16.6 million |
Market Value (2033) | USD 37 million |
Some of the related projects in China that raise the automatic hog feeder adoption rates:
The automatic hog feeder business in India is expected to witness significant growth during the forecast period. It is fueled by the growing need for automated animal husbandry solutions.
The market in India is anticipated to increase in response to the growing demand from the agriculture industry for better farming techniques. Government programs to support animal husbandry and the implementation of various animal welfare laws are adding up to the market value.
The rise in small-scale hog farms and the need to cut labor costs are the main factors driving the market. The market was worth USD 18.8 million in 2022, with a share of 4.4%. and is expected to grow further in the coming years. The major players in the market include Hasegawa, Takasaka, and Ushio.
These companies manufacture a wide range of automatic hog feeders, ranging from simple models to advanced ones with features such as automatic cleaning systems.
Many of these businesses have also created mobile apps that let farmers check on the performance of the feeder from a distance. The government's initiatives to encourage the adoption of innovative technology in the agriculture industry are anticipated to help the market.
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The reason for successful start-ups in the industry is that a large amount of demand is not particularly hard to find. In low-bandwidth environments and areas with low cost through distribution, start-ups arose from companies that were able to sell to consumers directly or through resellers.
The growth required was driven by an existing need. In contrast, companies that are trying to enter markets where there is already competition encounter a problem:
Both problems need adequate attention to make a stronghold in the market. For instance, a Pune-based business called Prima Agrotech has created an automatic hog feeder that can be set to release food at predetermined intervals. A mobile app can be used to remotely monitor the feeder as well.
Due to the presence of established players worldwide, the market is very competitive. In order to produce new technologies that are used to improve the performance of their current products, players are heavily spending on research and development.
Key players are also investing heavily in marketing and promotional activities to gain a competitive edge over their competitors. Moreover, these players are also focusing on strategic collaborations and partnerships to expand their product portfolio and capture a large market share.
Recent Developments
The global market size to reach USD 911 million by 2033.
North America is projected to emerge as a lucrative market.
The growth potential of the automatic hog feeder market is 7.1% through 2033.
Smart technology and innovation in feeding technology is driving the market growth.
The United State’s is likely to secure a share of 30.1% in 2023
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Infant Feeders 5.2. Adult Feeders 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 6.1. Stainless Steel 6.2. Mild Steel 6.3. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Hunting 7.2. Domestic Farm 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. Direct Sales 8.2. Agro Stores 8.3. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022 8.4. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. Middle East and Africa (MEA) 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Hog Slat 17.2. Sioux Steel Company 17.3. Osborne Livestock Equipment 17.4. PS Operating Company LLC. 17.5. CountyLine 17.6. Miller Manufacturing Company 17.7. Behlen Country 17.8. Big Herdsman Machinery 17.9. O'Mara 17.10. Fancom BV 18. Assumptions & Acronyms Used 19. Research Methodology
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