Automated Feeding Systems Market Share, Demand and Supply, Consumption Status, Regional Analysis, Revenue Growth Forecasts To 2024
Market Highlights The Global Automated Feeding Systems Market is estimated to reach USD 5.6 billion in 2019 and is expected to register a CAGR of 7.5% during the forecast period of 2019 to 2024. The growing livestock farms, increased focus on technological advancements by major companies, and cost saving associated with these automatic feeding systems are the major driving factors for the growth of the automated feeding systems market, globally. High costs associated with the setting up of these systems may discourage its adoption by the small and marginal livestock rearers. However, the growing adoption of modern livestock farming techniques in developing countries has created lucrative opportunities for automated feeding systems manufacturers. Segmentation The global Automated Feeding Systems Market Share has been segmented based on livestock, type, integration, and region. Based on livestock, the global automated feeding sys...