Valued at $8.3 billion by 2026, automated feeding systems are expected to experience robust growth worldwide

SAN FRANCISCO , June 27, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Automated Feeding Systems – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.

Valued at $8.3 billion by 2026, automated feeding systems are expected to experience robust growth worldwide

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Editing: 5; Published: January 2022
Executive Pool: 622
Companies: 38 – Players covered include Afimilk; Boumatic LLC; master milkman; Davisway; DeLaval; Packo Fullwood; GEA; Lely Holding; Pellon Oy Group; Sum-It computer systems and others.
Cover: All major geographies and key segments
segments: Function (filling and screening, checking, mixing, other functions); Livestock (ruminants, pigs, poultry, other livestock); Type (rail-guided feeding systems, conveyor feeding systems, self-propelled feeding systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.

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ABSTRACT-

Global Automated Feeding Systems Market to Reach $8.3 billion by 2026
Amid COVID-19 crisis, Global Automated Feeding Systems Market estimated at US$5.7 billionis expected to reach a revised size of US$8.3 billion by 2026, growing at a CAGR of 6.2% over the analysis period. Filling & Screening, one of the segments analyzed in the report, is expected to register a CAGR of 7.1% and reach US$4.1 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Controlling segment is readjusted to a revised CAGR of 6.2% for the next 7-year period.

The US market is estimated at $1.8 billion in 2021, when China is expected to reach $1.5 billion by 2026
The Automated Feeding Systems Market in the United States is estimated at US$1.8 billion in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$1.5 billion by 2026 with a CAGR of 5.8% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 5.9% and 4.9% respectively over the analysis period. In Europe, Germany is expected to grow at around 5% CAGR.

Mixing segment to reach US$1.4 billion by 2026
In the global Mixing segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 4.8% estimated for this segment. These regional markets representing a combined market size of US$865.7 million will reach a projected size of US$1.2 billion at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. After

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving over 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for over 33 years.

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SOURCE Global Industry Analysts, Inc.

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