About Feed Software
The feed software is the solution that calculates the number of feed products that need to be mixed to generate a solo uniform diet by fulfilling all the nutrient requirements for animals. In other words, Feed Software provides a mechanism that helps to create an optimized diet which is a combination of calculated feed ingredients that accomplishes the actual nutrient need for animals. All over the world, feed formulation and feed management are two major concerns for farmers, feed producers, and nutrition professionals. The benefit of the feed software is that it helps to vary nutrient values and requirements in the feed as per the animals and their age. Therefore, feed software makes all the calculations within no time for feed formulation and there is no need to do all calculations manually.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 3.4% |
With the focus on improving the quality of product feed to animals with the utilization of software solutions, the companies are trying to provide sound user experiences with the optimization of product feed. Hence, the leading players in this market are developing sound models for feed to animals and trying to ramp up customization across their offering in feed management. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adifo Softwares (Europe), GlobalVetLINK, LC (United States), Adisseo France SAS (France), DHI Computing Service, Inc. (United States), Easy Automation, Inc. (United States), Landmark Feeds, Inc. (Canada), Cultura Technologies, LLC. (United States), Geosan Ltd. (Vietnam), Prairie Systems LLC (United States) and Alltech (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Format Solution (United States), Evonik (Germany), Kemin (United States), Supervisor Systems (United States) and Cargill Incorporated Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Feed Software market by , Application (Consulting Organizations, Nutrition Professionals, Livestock Production Famers, Feed Producers, Veterinarians, Animal Farmers, Poultry Farming and Other) and Region.
On the basis of geography, the market of Feed Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On-Premise Software will boost the Feed Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Animal Type, the sub-segment i.e. Swine will boost the Feed Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for software solutions for feed. and Rise in awareness about feed production optimization
Market Growth Drivers:
Feed Software assist in creating a customized feed for multiple products, Increase in the number of distribution channels for online products and Increase awareness about benefits associated with high protein diets.
Challenges:
The shift in the consumer preferences put pressure on vendor’s margin and Software Solutions provide an accurate and reliable position of the result of an animal herd.
Restraints:
Increase Research and Development cost to make sound models. and Low awareness among feed producers.
Opportunities:
Development of a sound model for animal feed using a software solution and The utilization of centralized support services are rising
Market Leaders and their expansionary development strategies
On 17 Feb 2021, Global animal nutrition leader Alltech and DLC Group (DLG), focusing on delivering efficiency to livestock producers and greater profitability collaborated for a second time. Alltech and DLG are finalizing the purchase of Finnish company Kärki-Agri, a joint venture that will strengthen their delivery of innovative, field-proven animal nutrition.
In August 2022, AVEVA launched operations control software, the first major coordinated release of its HMI/SCADA software portfolio, available in both perpetual and subscription purchases. The new release further supports the delivery of AVEVA Operations Control, a flexible, subscription-based solution
Key Target Audience
Service Providers, Industry Association, Government Regulatory Bodies, Private Research Organization and Government Research Organization
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.