At a 7.1% CAGR, the sector is anticipated to grow significantly by 2033. The automatic hog feeder market‘s revenue share is anticipated to increase from US$ 459 million in 2023 to US$ 911 million in 2033, according to FMI.
The process is made simple by creating automated pig feeders with modern conveniences like Wi-Fi connectivity. Farmers can now monitor and control their pig feeding operations from anywhere, due to remote monitoring and even machine learning capabilities.
The expansion of the global market is influenced by recent developments such as automatic weighing and biometrics. Integrating biometric sensors into swine management software allows more animals to be monitored with fewer staff. It provides accurate and unbiased information about their well-being and health.
Automatic pig feeder sales increased due to the inefficiencies of manual machines and the high labor costs associated with operating manual feeders. To get higher profit margins, automatic pig feeder manufacturers create equipment that is easy to operate and useful.
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The use of automatic pig feeders has grown as a result of growing pig populations and rising disposable incomes. In addition, with the increasing demand for pork and related products globally, farmers are interested in using automated pig feeders to increase pig production.
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In 2022, the United States will dominate the automatic pig feeder market with a share of 30.1%.
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Demand for the automatic pig feeder increased at a compound annual growth rate of 6.4% between 2016 and 2022, according to an FMI study.
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Expansion into China is expected to accelerate at an appropriate CAGR of 5.7% by 2033. The China market is likely to generate a share of US$75.3 million by 2033.
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Japan’s automatic pig feeder market share reached 4.4% in 2022 due to the rise of small-scale pig farms.
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Between 2023 and 2033, the automatic pig feeder market in India is likely to increase at 3.9% CAGR, respectively.
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Expansion in the UK is expected to accelerate at an appropriate CAGR of 7.6% by 2033. The UK market is expected to generate a share of US$38.9 million by 2033.
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Germany’s automatic pig feeders market share is 19.9%, valued at USD 85.2 million in 2022.
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Australia’s market share of automatic pig feeders is 2.3%, valued at US$9.7 million in 2022.
Competitors maximize their potential to increase their market share
The fact that there is a lot of demand for what business has to offer to successful companies. Startups evolved from companies that were able to sell to customers directly or through distributors in low bandwidth settings and areas with cheap distribution costs.
VIP players also spend a lot of money on marketing and promotional initiatives to outpace their competitors. In addition, these companies focus on strategic alliances and partnerships to diversify their product offerings and win a significant market share.
Key players:
- Hog Slat
- PS Operating Company LLC
- Osborne Livestock Equipment
- Sioux Steel Company
- CountyLine
- O’Mara
- Fancom BV
- Big Herdsman Machinery
- Behlen Country
- Miller Manufacturing Company
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Recent developments
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In May 2022, ANDRITZ unveiled the microfeeding system, 3-Rolls assembly upgrade for Paladin 2000, and metris vibe, three new innovations in animal feed and aquatic equipment. With dimensions of less than 2 mm, the technology enhances capacity by 40% compared to conventional extruders.
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Schule Mühlenbau, a member of the Kahl Group, and the Bratney companies partnered together in July 2019. For new and existing milling plants, this collaboration includes joint initiatives in distribution, sales and marketing in the United States
Key segments
By Type:
- Infant Feeders
- Adult feeders
By Material:
- Stainless Steel
- Mild Steel
- Others
By Application:
- Hunting
- Domestic Farm
By Sales Channel:
- Direct Sales
- Agro Sales
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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