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Feed Software Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Feed

The “Feed Software Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Feed Software industry. The information available in the Feed Software market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Feed Software market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Feed Software Market:

  • Format Solutions
  • Adifo Software
  • AgroVision
  • Kemin
  • Feedlogic Corporation
  • Prairie Systems
  • Evonik
  • Cultura Technologies
  • Agentis Innovations
  • GlobalVet LINK
  • Adisseo
  • Danisco Animal Nutrition
  • Alltech Inc.
  • DHI – Provo
  • Easy Automation Inc.

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    Market Overview:

  • The feed software market was valued at USD 171.0 million in 2018 and is expected to reach USD 244.3 million in 2024, registering a CAGR of 6.1% during the forecast period, 2019-2024.
  • The growing demand for meat, meat products, and awareness about the meat quality have created the demand for feed additives, which is helping the growth of the feed software market. With the growing requirement for animal feed, optimizing the feed produced is very important. China and the United States are the largest user bases for feed software, especially the software for ERP management and administrative services. Additionally, due to the high concentration of feed-producing companies in developed countries like the United States, many new feed software providers, such as Cultura and Prairie Systems, have made their way into the market in the past decade.

    Scope of the Report:

  • Feed software is of various types, depending on the need of the producer or livestock farmer. Software for feed formulation is the most widely used software segment and is defined as a mathematical tool that prepares a nutritionally complete diet of livestock, based on several input variables within certain limits.

    Reasons for Buying Feed Software Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Increasing Focus on Feed Production Optimization

    Increased demand for animal feed, owing to growth in the consumption of meat, has necessitated optimization of feed production, particularly when produced on an industrial scale, to ensure minimum cost and provide efficient feed. The formulation of animal feed is a challenging task, often leading to over usage or under usage of a few ingredients. Over usage of ingredients increases the cost of feed milling operations and under usage of few ingredients can have adverse effects on the growth and development of animals. The increased demand for animal meat across the world demands low cost, productive, and efficient feed milling operations, which is expected to drive the feed software market.

    Increasing Usage of Feed Software in the Asia – Pacific Region

    Asian countries, such as China, India, Japan, and Australia are the leaders in producing feed, who also use the latest technologies for producing feed. China is the leading market for feed software, as there are a maximum number of feed producing companies and are using technologies for producing quality feed. The Government of China recently announced programs to cut back on grassland and marginal lands that are used to grow corn, as there have been pest problems and an increase using chemical treatments. Cargill is bolstering its young animal nutrition capability by investing more than USD 15 million investment to add a piglet feed production line at its existing premix and nutrition facility in China.

    Feed Software Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Feed Software Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of Substitute Products
    4.4.4 Threat of New Entrants
    4.4.5 Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Feed Formulation Software
    5.1.2 Animal Simulation Model
    5.1.3 Other Types
    5.2 Animal Type
    5.2.1 Swine
    5.2.2 Poultry
    5.2.3 Ruminant
    5.2.4 Aquaculture
    5.2.5 Other Animal Types
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Spain
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Germany
    5.3.2.5 Russia
    5.3.2.6 Italy
    5.3.2.7 Rest of Europe
    5.3.3 Asia – Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 Rest of Asia – Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 South Africa
    5.3.5.2 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Vendor Market Share
    6.2 Mergers and Acquisitions
    6.3 Company Profiles
    6.3.1 Format Solutions
    6.3.2 Adifo Software
    6.3.3 AgroVision
    6.3.4 Kemin
    6.3.5 Feedlogic Corporation
    6.3.6 Prairie Systems
    6.3.7 Evonik
    6.3.8 Cultura Technologies
    6.3.9 Agentis Innovations
    6.3.10 GlobalVet LINK
    6.3.11 Adisseo
    6.3.12 Danisco Animal Nutrition
    6.3.13 Alltech Inc.
    6.3.14 DHI – Provo
    6.3.15 Easy Automation Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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