A consistent CAGR of 4% is predicted for the sector by 2033. According to FMI, the revenue share of the chicken feeders and drinkers market is anticipated to increase from USD 3,573 million in 2023 to USD 5,289 million by 2033. The chicken feeders and drinkers businesses are likely to grow 1.48x between 2023 and 2033.
The growing desire of farm owners to systematize processes is a key factor projected to support the demand for chicken feeders and drinkers. To provide better feed management and quality, poultry farmers are choosing those feeders and drinkers that are affordable and efficient.
Automated Chicken Feeders and Drinkers: Potential Business Opportunities
The automation of chicken feeders and drinkers has been made possible by a number of technical developments in the poultry sector. The market share for chicken feeders and drinkers is anticipated to rise due to the increasing attention being paid to animal welfare.
Attributes | Details |
---|---|
Chicken Feeders and Drinkers Market CAGR (2023 o 2033) | 4% |
Chicken Feeders and Drinkers Market Size (2023) | USD 3,573 million |
Chicken Feeders and Drinkers Market Size (2033) | USD 5,289 million |
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When compared to the 3.6% CAGR recorded between 2016 and 2022, the chicken feeders and drinkers industry is predicted to expand at a 4% CAGR between 2023 and 2033. The average growth of the market is expected to be approx 53% between 2022 and 2033.
Year | Market Value |
---|---|
2016 | USD 2,781.9 million |
2021 | USD 3,317.1 million |
2022 | USD 3,435.9 million |
The demand for chicken feeders and drinkers is anticipated to increase in the near future due to the rising need for convenience and sanitation in poultry production. This had a favorable effect on the global industry, which grew at a 1.19x rate between 2016 and 2022.
Short-term Growth (2023 to 2026): the market is anticipated to increase during a shorter run as a result of rising consumer demand for organic and natural chicken feeders and drinkers.
Medium-term Growth (2027 to 2029): the increased attention on animal welfare and the expanding knowledge of animal health are anticipated to propel the sales of chicken feeders and drinkers.
Long-term Growth (2030 to 2033): the market expansion is anticipated to be fueled by the rising measures taken by governmental and non-governmental organizations to encourage the adoption of chicken feeders and drinkers.
Commercial Sector
The industry opportunities are being pushed by the rising demand for both standard and specialty poultry products. Large poultry farms by key players in the chicken feeders and drinkers market are creating a global demand for automated equipment.
Additionally, the key growth factor of chicken feeders and drinkers is the rising demand for poultry products due to their nutritious benefits. Furthermore, the market is anticipated to receive additional impetus from the rising demand for organic poultry products.
Residential Sector
Chicken feeders and drinkers companies are expanding in the residential sector. This is because more people are raising chickens in their backyards, and also urban farming is becoming more popular.
As a result, businesses are creating goods that are specially made for the household market, like automatic feeders and drinkers. These goods range from straightforward designs to complex systems with features like timers and light sensors.
Companies are also providing a range of sizes and styles to accommodate the needs of every backyard chicken keeper.
Feeding equipment makes up the majority of chicken feeders and drinkers. The rising demand for feeding systems and the rising customer preference for hardware solutions account for this. The number of chickens is expected to rise, and key companies are predicted to make technological breakthroughs that result in the launch of novel feeders.
In 2022, the market was led by the 1-5 Kg capacity category. Over the forecast period, it is expected that this market segment is predicted to dominate. The growing demand for poultry products is anticipated to promote category growth.
This has allowed nearby farms to increase animal productivity. Additionally, as circular hanging tube feeders make up the bulk of 1-5 kg capacity feeders, demand for chicken feeders and drinkers is rising. These feeding techniques are the best since they are efficient and uniform.
US Market Value 2022 | USD 1,044.6 million |
---|---|
US Market Share 2022 | 30.4% |
In the US, there is a sizable and expanding market for chicken feeders and drinkers. The backyard poultry industry contributes to the sales of chicken feeders and drinkers, and the majority of the goods are sold in agricultural stores.
The industry is also fueled by rising demand for chicken meat and eggs that are produced locally and organically. Miller Manufacturing, FarmTek, Premier 1 Supplies, and Little Giant are some of the top producers of chicken feeders and drinkers in the US market.
These businesses provide a wide variety of goods, such as conventional feeders and drinkers, automatic feeders, and waterers. McDonald's, KFC, Subway, and Taco Bell are fast food chains that depend on a steady supply of chicken to stay in business. Therefore, farms and breeders increasingly utilize both poultry feed and feeders in order to enhance productivity.
Attributes | Statistics |
---|---|
UK Market Value 2022 | USD 326 million |
UK Market Value 2033 | USD 496.3 million |
UK Market Share (2023 to 2033) | 9.5% |
UK Market CAGR (2023 to 2033) | 4.3% |
Growing health consciousness about protein consumption and increased meat consumption is anticipated to hasten the growth of the UK chicken feeders and drinkers industry. This led to a rise in the use of poultry feeders, which can quickly feed large numbers of animals.
A UK retailer, Marks, and Spencer, recently made an announcement about redesigning their Hubbard slower-growing and switching their entire poultry line to 100% British chicken. The retail business formerly purchased its chicken from several British and European farms.
As more individuals become aware of how animal feed helps to improve the diets of farm animals, there is an increase in demand for animal feed and feeders across the country. All of these elements result in a huge increase in demand for chicken feeders and drinkers. As a result, the UK chicken feeders and drinkers business offers a huge opportunity for market participants.
As more people choose poultry farming as a hobby or a job, the industry in Germany is expanding; it is expected to generate USD 682.9 million in 2022. The growing popularity of organic and free-range farming is driving up the sales of chicken feeders and drinkers.
Additionally, the market is being stimulated by technical improvements, which have led to the development of automated feeders and drinkers.
Country | China |
---|---|
Market Share (2022) | 8.6% |
CAGR (2023-2033) | 3.2% |
Market Value (2022) | USD 294.47 million |
Market Value (2033) | USD 403.8 million |
Country | India |
---|---|
Market Share (2022) | 3.7% |
CAGR (2023 to 2033) | 4.7% |
Market Value (2022) | USD 129.7 million |
Market Value (2033) | USD 205.3 million |
China's poultry business has recently experienced some ups and downs. The domestic pig population was decimated by African swine fever, and chicken became China's main source of protein as a result. As a result, the key players in the chicken feeders and drinkers market have numerous prospects.
In order to meet the demand, major firms are funding the modernization of China's chicken sector. China is making investments to increase its capacity for producing poultry feeders and drinkers. This entails expanding both the quantity and size of the factories that make these goods.
Japan Market Value 2022 | USD 163.3 million |
---|---|
Japan Market Share 2022 | 4.8% |
Japan is turning into a meat-eating nation as the country's lifestyles change and meat consumption rises. The nation as a whole is increasingly consuming more pork and chicken meat. However, the majority of the meat consumed in the nation is imported.
Due to the rising price of imported meat and the ongoing rise in meat consumption, pressure is being placed on local farmers to increase production. The need for chicken feeders and drinkers is predicted to rise, given that animal farming is anticipated to expand at a brisk rate over the forecast period.
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As consumers' tendency to consume meat and related goods develops globally, demand for farm equipment is anticipated to rise. The chicken feeders and drinkers startups believe that in order to keep leadership, they must strengthen their competitive edge.
To establish a presence internationally in the market, chicken feeders and drinkers manufacturers make large investments in Research and Development, in addition to concentrating on product releases.
For instance,
South Indian Poultry Equipment is a partnership-based business that was founded in Ernakulam, Kerala, in 2011. It participates as a manufacturer of drinkware made of plastic, bird feeders, poultry fans, plastic cans, and poultry equipment. It is a well-known business that focuses on providing an amazing range of these products.
Chicken feeders and drinkers businesses work to enhance their current products, in addition to creating cutting-edge technologies and methods for poultry feeding equipment. Along with established companies, they are also fostering beneficial ties with other companies in the poultry industry, particularly those that produce feed.
To boost their access to lucrative markets, businesses come into many agreements. Farmers are now able to regulate the feed and water requirements of their chickens due to the mechanical feeders and drinkers.
Company | Development |
---|---|
SKA Poultry Equipment | Since 1954, SKA has been developing and producing commercial chicken feeders to satisfy the demands of organic and free-range farming. Automated feeder types for poultry farms are designed to meet the diverse needs of chicks and adult birds. They are created taking into account their distinct qualities and are based on an analysis of animal behavior. |
Kenpoly Manufacturers Limited | Kenpoly Manufacturers Limited is a multifaceted company and a modern developer in the plastics industry. Packaging, industrial, home, and agricultural products are all part of its vast line of plastic products. The uses for Kenpoly products are nearly unlimited and span almost every aspect of life. |
INDIV USA | A Reputable Equipment Supplier for the Poultry Industry is INDIV. Supplies for poultry, feeders, and drinkers are among its offerings, along with hardware, equipment, structures, and accessories. |
Recent Developments:
The chicken feeders and drinkers market is estimated to be worth USD 3,573 million in 2023.
The chicken feeders and drinkers market is expected to have a CAGR of 4% by 2033.
The chicken feeders and drinkers market expanded at a share of USD 3,435.9 million in 2022.
North America accounted for a 30.4% share of the chicken feeders and drinkers market in 2022.
The UK accounts for 4.3% CAGR in the chicken feeders and drinkers market by 2033.
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 Product Type 5.1. Drinking Equipment 5.2. Feeding Equipment 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operation 6.1. Automatic 6.2. Manual 6.3. Semi-Automatic 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Outdoor 7.2. Indoor 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. Middle East & Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Brower 16.2. AZA International SRL 16.3. Big Dutchman 16.4. Choretime 16.5. Exafan 16.6. Le Roy 16.7. Ningbo Joygen 16.8. Retech Farming 16.9. Roxell BVBA 16.10. SouthWest Agri-Plastic Inc. 16.11. Stoutagri 17. Assumptions & Acronyms Used 18. Research Methodology
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