Market Leaders: Major Players are Focusing on Partnership and New Product Development to Strengthen their Market Position in Precision Swine Farming Market
According to MarketsandMarkets, the precision swine farming market is projected to reach USD 711 million by 2028 from USD 418 million by 2023, at a CAGR of 11.2% during the forecast period in terms of value. The demand for precision swine farming products is primarily driven by the surging labor costs and rising demand for automation in swine industry.
The key players in this market include Nedap N.V. (Netherlands), CTB, Inc. (US), Merck & Co., Inc. (US), Boehringer Ingelheim Animal Health USA Inc. (US), Guangzhou Yingzi Technology Co, Ltd. (China), Hotraco (Netherlands), VDL Agrotech BV (Netherlands), AcuShot Needle Free (Canada), Pulse NeedleFree Systems (US), Henke Sass Wolf GmbH (Germany), Big Dutchman (Germany), EN-CO Software Zrt (Hungary), Luda Farm AB (Sweden), AGCO Corporation (US) and Microfan (Netherlands). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their global market presence.
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Nedap N.V. (Netherlands), is a well-known high-tech company that delivers innovative and high-quality solutions in various sectors. The company is comprised of seven business units, including healthcare, livestock management, retail, security management, identification systems, light controls, and staffing solutions. Nedap N.V.'s livestock management business unit provides advanced hardware, software, and services for precision swine farming, and is a leading name in the field of farming automation with individual animal identification. The company's livestock management solutions make animal monitoring easier and include feeding, sorting, health monitoring, and livestock identification through the use of modern technology. Nedap Livestock Management is known for its technological solutions for dairy and pig farming. The company provides various solutions for pig farming, such as electronic sow feeding, heat detection, weight monitoring, sow separation, and barn remodeling services. The company operates in Europe, North America, Asia Pacific, South America, the Middle East, and Africa.
CTB, Inc. (US), is a subsidiary of Berkshire Hathaway that provides systems and solutions for various segments of the agricultural supply chain such as grains, poultry, pigs, and eggs. The company also produces buildings, stables, and software for food processing. Under three brands - Fancom B.V., Roxell, and AgroLogic – CTB, Inc. offers hardware and software for precision swine farming globally. Fancom B.V. provides ventilation, feeding, lighting, and monitoring systems for pig, poultry, and mushroom producers, while Roxell offers automated solutions for feeding, drinking, ventilation, and heating for pigs and poultry. AgroLogic provides electronic control solutions for climate and feed weighing for precision swine farming. These systems can be customized to suit the specific needs of consumers. CTB, Inc. operates across various regions, including North America, Europe, South America, Asia Pacific, Middle East, and Africa. In August 2022, one of the brand of CTB, Inc, Roxell partnered with Farmidizajn Doo (Serbia) to distribute their products in Serbia, Croatia and Bosnia. This partnership was aimed to expand the companies geographical footprint in European region.
Boehringer Ingelheim Animal Health USA Inc. (US), a subsidiary of Boehringer Ingelheim International GmbH, is a leading manufacturer and supplier of products for animal health, human pharma, and biopharmaceutical contract manufacturing. The company's animal health division offers vaccines, therapeutics, and software for the prevention, detection, and cure of diseases in poultry, equine, pets, swine, and cattle. Boehringer Ingelheim Animal Health USA Inc. provides swine health monitoring solutions, early disease detection, and vaccination to enable precision swine farming. The company operates in the US and Puerto Rico, with more than seven research, manufacturing, and office sites. It has a wide distribution network, serving over 176 countries worldwide.
Related Reports:
Precision Swine Farming Market by Application (Feeding Management, Swine Identification, and Tracking), Offering (Hardware, Software, and Services), Farm Size (Small Farms, Mid-sized Farms, and Large Farms) and Region - Global Forecast to 2028
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