Layer Chicken Breeding Equipment Market Report Overview
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The global Layer Chicken Breeding Equipment Market size was USD 296.3 million in 2023. As per our research, the market is expected to reach USD 384 million by 2031, exhibiting a CAGR of 3.3% during the forecast period.
The COVID-19 pandemic has been unprecedented and staggering, with Layer Chicken Breeding Equipment Market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
The market for machinery used in the processing of poultry products is referred to as the Global Layer Chicken Breeding Equipment Market, and it is a sector of the economy. This equipment is used at many phases of the processing cycle, from slaughtering and cleaning to cutting, deboning, packaging, and preservation, to process different poultry products, including chicken, turkey, ducks, and geese. There is a vast variety of gear used in the processing of poultry, including slaughter equipment, defeathering machines, evisceration machines, grading and sorting equipment, chilling and freezing equipment, and packaging equipment. The machinery used in the processing of chicken products is built to be as effective, hygienic, and safe as possible while still retaining the final product's quality and freshness.
The demand for Layer Chicken Breeding Equipment products is rising, equipment technology is advancing, and there is a developing poultry sector globally, which all contribute to the growth of the global market for poultry processing equipment. The Layer Chicken Breeding Equipment Market share is expanding as a result of the increased demand for processed poultry items including chicken nuggets, sausages, and deli meats. The market is expanding as a result of the growth of e-commerce channels and online meal delivery services, which raise consumer demand for processed poultry products.
COVID-19 Impact: Pandemic to Affect the Layer Chicken Breeding Equipment Market
Practically every business has been impacted by COVID-19, a global public health emergency, and many end-use industries are projected to experience growth during the forecast period as a result of the long-term repercussions. The framework is broadened by this study to take into account key COVID-19 considerations and possible next actions. Insights on COVID-19 are provided in the report, taking into account shifts in consumer demand and behavior, shopping habits, supply chain rerouting, the dynamics of current Layer Chicken Breeding Equipment market forces, and key government efforts.
Latest Trends
"Layer Chicken Breeding Equipment Market to Experience Growth"
In the poultry industry, it is efficient and labor-intensive to manage individual birds (layers/broilers). Layer Chicken Breeding Equipment is crucial for managing tasks like keeping the climate under control, maintaining hygienic conditions, facilitating simple feeding, separating birds, etc. Therefore, it makes sense to search for ways to increase the amount of automation in a chicken processing factory given the current global shortage of qualified labor.
Layer Chicken Breeding Equipment Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Electric Control System, Ventilation System, Feeding and Drinking Water System, Gathering System, Cage System, and Waste Treatment System amongst which Electric Control System is the leading segment.
- By Application Analysis
Based on application, the market can be divided into Small Farmers, Medium-sized Farmers, and Large Farmers amongst which Small Farmers is the leading segment.
Driving Factors
"Increased Consumer Demand to Surge the Layer Chicken Breeding Equipment Market Growth"
Globally, there has been a steady rise in the demand for processed poultry products, which is largely due to factors including population growth, rising income levels, and shifting dietary preferences. Due to this, there is an increasing need for poultry processing machinery that can satisfy this demand while upholding the highest standards of effectiveness, hygienic practises, and safety. The development of cutting-edge machinery that delivers greater efficiency, automation, and accuracy in processing chicken products is a market feature brought on by technical breakthroughs.
"Technology Advancements to Augment the Layer Chicken Breeding Equipment Market Growth"
Another important factor driving the market is the growth of the poultry sector globally. The rising demand for chicken products, particularly in developing nations, is giving market participants the chance to establish more of a presence and enhance their market share. A major barrier to market expansion is the high initial investment cost of Layer Chicken Breeding Equipment, as many small and medium-sized businesses would not be able to purchase these pricey machines.
Restraining Factors
"Waste Production to Restrain Layer Chicken Breeding Equipment Market Growth"
The processing of poultry produces a sizable amount of waste and has a sizable negative environmental impact. Concerns over sustainability and environmental issues have grown as a result, and these concerns may have an effect on market expansion. The market must also overcome obstacles including worries about animal welfare, expensive startup costs, and environmental issues. Despite these obstacles, there are a number of chances for the market to expand, such as the rising demand for natural and organic poultry products, the penetration of emerging markets, automation in the food processing sector, and the creation of eco-friendly and sustainable machinery.
Layer Chicken Breeding Equipment Market Regional Insights
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"North America Dominates the Layer Chicken Breeding Equipment Market Growth"
The North American Layer Chicken Breeding Equipment industry led all other regional markets in terms of revenue contribution in 2020. The main drivers of the increase in regional market revenue are the rise in poultry product consumption, the development of the local poultry farming sector, and the rising adoption of cutting-edge equipment for poultry production, including automatic feeding and hatching systems and cutting-edge climate control solutions. Another important element fueling the expansion of the North American market is the rising demand for processed and packaged chicken products among the region's main fast food chains, such as McDonald's, KFC, Subway, and Taco Bell.
Over the projected period, the poultry farming equipment market in Asia-Pacific is anticipated to grow at the quickest rate in terms of revenue. In several of the region's developing nations, notably India and China, the production of livestock contributes significantly to the region's overall agricultural output. Therefore, a growing number of small and medium-sized firms and local businesses in the poultry farming sector, as well as the quick adoption of sophisticated poultry farming techniques, are significant drivers of revenue development in the Asia Pacific market.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Big Dutchman (Germany)
- GSI (India)
- Guangdong Guangxin Animal Husbandry Equipment (China)
- Guangzhou Huanan Poultry Equipment CO., Ltd (China)
- Big Herdsman Machinery Co., Ltd. (China)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 296.3 Million in 2023 |
Market Size Value By |
US$ 384 Million by 2031 |
Growth Rate |
CAGR of 3.3% from 2023 to 2031 |
Forecast Period |
2022-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the Layer Chicken Breeding Equipment market expected to touch by 2031?
The global Layer Chicken Breeding Equipment market size is expected to reach USD 384 million by 2031.
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What CAGR is the Layer Chicken Breeding Equipment market expected to exhibit by 2031?
The Layer Chicken Breeding Equipment market is expected to exhibit a CAGR of 3.3% by 2031.
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Which are the driving factors of the Layer Chicken Breeding Equipment market?
The driving factors of the Layer Chicken Breeding Equipment market are Increased Consumer Demand and Technology Advancements.
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Which are the key players or most dominating companies functioning in the Layer Chicken Breeding Equipment market?
The dominating companies in the Layer Chicken Breeding Equipment market are Big Dutchman (Germany), GSI (India), Guangdong Guangxin Animal Husbandry Equipment (China), Guangzhou Huanan Poultry Equipment CO., Ltd (China), and Big Herdsman Machinery Co., Ltd. (China)
