According to a report by the Future Market Insights (FMI), it is anticipated that the revenue share within the cattle grooming chute market will exhibit substantial growth, increasing from US$ 483 million in 2023 to an estimated US$ 787 million by the year 2033. This projection is underpinned by a consistent Compound Annual Growth Rate (CAGR) of 5% over the forecast period.
The escalating demand for cattle grooming chutes on a global scale can be attributed to several key factors. Firstly, there has been a noticeable rise in the population of dairy cattle, coupled with the adoption of improved agricultural techniques. These developments have significantly bolstered the need for efficient cattle management practices that not only prioritize the well-being of the cattle but also yield high-quality agricultural products. A critical driver behind this trend is the expanding influence of the dairy sector in the agricultural landscape.
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Even experienced ranchers face difficulty raising, controlling, and grooming their cattle herds. From a distance, cattle often appear to be fairly calm, obedient, and placid. But when handled and given a shower, the cattle typically act in a completely different way.
Ranchers have long used cattle chutes to move and transport their livestock quickly and efficiently. Similarly, grooming chutes make it simpler for farmers to properly prepare their calves for livestock fairs.
Farmers are increasingly favoring the cattle grooming chute since it is difficult to control cattle when showering them because they are usually brave but also highly recalcitrant. Cattle, on the other hand, are susceptible to numerous illnesses. Therefore, it is crucial to practice proper hygiene. Cattle grooming chutes can make the chore of grooming the cattle much easier.
Key Takeaways:
- The market in the United Kingdom is anticipated to grow at a CAGR of 5.4% through 2033.
- The United States dominated the market in 2022, holding a 30.5% share of the global market.
- The market in China is expected to grow at a CAGR of 4.0% over the forecast period.
- Germany accounted for 19% of the global market in 2022.
- Japan held a 5.3% share of the global market in 2022.
Key Players:
- Zaklady Metalowe w Przysiekach Sp. z o.o
- Arrowquip
- Vansun Technologies Private Limited
- Ramgaria Engg Works
- Priefert
- FARMTEC
- Saralagro
- Nasco
- Provico
- Dslivestock
- high land livestock supply
- hi-hog
- Zeitlow Distributing Company
Competitive Landscape
To increase their market share in the global cattle grooming chute market, these companies have used several tactics. Using both organic and inorganic development techniques, such as the launch of new goods, acquisitions, corporate expansions, and partnerships, they have increased their clientele and revenue.
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Market Segments Covered in Report:
By Size:
- 6 Feet
- 7 to 8 Feet
- Above 8 Feet
By Material:
- Aluminum
- Steel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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