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(Health-NewsWire.Net, November 19, 2021 ) The increasing herd size of dairy farms and growing consumption of milk and dairy products are the primary growth drivers for the dairy herd management market. Increasing public-private funding and investments in dairy farming and technological advancements are further aiding the market growth. On the other hand, ongoing campaigns to save dairy animals from unethical herd management practices are expected to restrain the growth of this market during the forecast period.
Along with this, the shortage of trained dairy professionals is further expected to challenge the growth of this market. The dairy herd management market is segmented based on product, application, farm size and region.
Globally, the outbreak of COVID-19 has caused significant disruptions to businesses and economic activities across the world, including the dairy market. Due to the pandemic, the demand for ‘out of home’ dairy products has reduced significantly, misbalanced supply and demand, and negatively impacted global farmgate milk prices.
Additionally, the profitability of dairy farms is reduced due to the increased feed costs, which are likely to last till the first half of 2021. Still, a recovery is expected during the second half of this year.
Due to the pandemic and the movement restrictions associated with it, the labor-intensive dairy industry has faced a production shortage as the majority of tasks in animal farms are performed by skilled laborers. This has hampered the supply of laborers in farms and processing plants and milk transportation.
Global Dairy Herd Management Market Dynamics:-
DRIVER: Growing herd size of dairy farms
Globally, the herd size of dairy farms has increased significantly over the years. According to the OECD-FAO Agricultural Outlook 2019–2028, compared to the previous decade, the estimated growth of cowherds is 1.2% per annum and is higher than the estimated average yield growth (0.4%) as cowherds are projected to grow faster in countries with low yields.
RESTRAINT: Ongoing campaigns to restrict unethical practices in the dairy industry
Over the last few years, dairy cows have increased globally in line with the rising demand for milk and dairy products. However, with a major focus on increasing dairy cattle production, these animals are subjected to a constant cycle of pregnancy and birth, thus affecting their health. To save dairy animals from such unlawful practices, several campaigns have been initiated across various regions.
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The adoption of dairy herd management products or technology in developing countries is slow, primarily due to high installation costs and low awareness among farmers. However, growing demand for milk and dairy products, increasing per capita income of farmers in developing countries, rising herd size, and growing focus of governments on livestock farming and agricultural sector are expected to increase the demand for advanced dairy herd management solutions in developing countries in the coming years.
Dairy herd management products are used in almost all functional aspects of modern dairy farms, such as animal comfort, calf management, feeding management, heat stress management, milk harvesting, and reproduction management. The smooth flow of these procedures requires great precision and skilled, trained professionals who can understand and operate dairy herd management systems efficiently.
Automated dairy management systems accounted for the largest share of the dairy herd management market in 2020. The large share of the automated systems segment is attributed to the increasing preference for automated systems due to their cost and labor efficiency.
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The dairy herd management market is categorized into milk harvesting, feeding, breeding, cow comfort and heat stress management, calf management, health management, and other applications (such as genetic management, cattle sorting, and weighing). The milk harvesting segment held the largest share in 2020. The large share is attributed to the increasing preference for automated milk harvesting systems, high focus of farmers on increasing milk yield, and the growing demand for dairy products.
The global dairy herd management market is segmented into North America (the US and Canada), Europe (Germany, the UK, France, Netherlands, and the Rest of Europe), Asia Pacific (Japan, China, India, New Zealand Australia, and the Rest of Asia Pacific), and the Rest of World. In 2020, Europe dominated the global dairy herd management market, followed by North America.
The large share of the European market can be attributed to a well-established dairy herd management industry, significant funding for research in dairy herd management, increasing herd size of dairy farms, rapid technological adoption in dairy farms, and the high cost of labor.
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