Valued to be $8.3 Billion by 2026, Automated Feeding Systems Slated for Robust Growth Worldwide

SAN FRANCISCO , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Automated Feeding Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Edition: 5; Released: January 2022
Executive Pool: 622
Companies: 38 - Players covered include Afimilk; Boumatic LLC; Dairy Master; Davisway; Delaval; Fullwood Packo; GEA; Lely Holding; Pellon Group Oy; Sum-It Computer Systems and Others.
Coverage: All major geographies and key segments
Segments: Function (Filling & Screening, Controlling, Mixing, Other Functions); Livestock (Ruminants, Swine, Poultry, Other Livestocks); Type (Rail-Guided Feeding Systems, Conveyor Feeding Systems, Self-Propelled Feeding Systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Automated Feeding Systems Market to Reach $8.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Automated Feeding Systems estimated at US$5.7 Billion, is projected 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 projected to record a 7.1% CAGR and reach US$4.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Controlling segment is readjusted to a revised 6.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.8 Billion in 2021, While China is Forecast to Reach $1.5 Billion by 2026
The Automated Feeding Systems market in the U.S. is estimated at US$1.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2026 trailing a CAGR of 5.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 4.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Mixing Segment to Reach US$1.4 Billion by the year 2026
In the global Mixing segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$865.7 Million will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.