The feed robotics market is growing at 11.5% CAGR, reaching $2.5 billion by 2029.

From GlobeNewswire: 2024-08-08 10:00:00

The feed robotics market is set to increase from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, growing at a CAGR of 11.5%. This growth is due to a shift towards sustainable farming practices, as livestock feeding automation becomes essential in modern agriculture with large-scale commercial farms.

Products like feeding systems, feed pushers, and mixers are crucial in enhancing livestock farming efficiency. Feeding systems, in particular, dominate the market by automating and optimizing feed delivery. Technological advancements like IoT integration further improve these systems’ appeal by reducing labor costs and time.

Agricultural machinery innovation focuses on autonomous technologies like feeding systems, feed pushers, and mixers. These automated systems enhance animal health and productivity while reducing waste and labor costs, with additional benefits from IoT integration and AI algorithms to boost efficiency.

The European market leads the feed robotics industry, thanks to government initiatives and subsidies. Programs like Horizon Europe incentivize agricultural innovation, providing resources for next-gen feed robotics development. These funding efforts ease financial burdens, making these technologies more accessible to farmers across Europe.

Key players in the feed robotics market include Lely Holdings, DeLaval, GEA, Triolet, and others. These companies offer cutting-edge technologies that prioritize efficiency, productivity, and sustainability in livestock feeding operations, catering to the modern demands of the agricultural sector.



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