Latin America Dairy Herd Management Market

Latin America Dairy Herd Management Market Shares, Strategies, and
Forecasts, Worldwide, 2016 to 2021
Latin America Dairy Herd Management Market Size is anticipated to grow at 8.02%
CAGR from 2016 to 2021 and it is estimated that the Latin America market was valued at
USD 0.26 billion in 2016 and is expected to reach USD 0.38 billion by 2021.Dairy herd
management is a process that regulates the productivity and health of dairy animals.
Growth in herd size and demand for milk and other dairy products in different regions are
the major factors that drive the market growth. Moreover, dairy herd management is a cost
saving process as it implements techniques of smart farming. Furthermore, an increase in
the government initiatives toward dairy herd management in the developing countries is
among the key driving factors for the global dairy herd management market. Be that as it
may, factors such as campaigns against unethical practices with animals and lack of
professionals trained in dairy management hinder the market growth.
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Dairy herd management market is expected to witness strong growth in the coming years
due to an increase in the dairy products demand among consumers. Increased labor cost
coupled with cost benefits associated with automated dairy cattle management techniques
is expected to augment the market growth over the forecast period. A shift from traditional
and manual heard management systems to dairy herd management systems due its cost
benefit is further expected to drive the market. Increasing annual milk production across the
globe is further expected to boost the market demand over the forecast period.
Technological advancement in software used in dairy herd management systems is one of
the key factors driving the market over the past few years. An increase in the population is
further anticipated to boost milk products demand, which in turn is will lead to the expansion
of herd management market over the forecast period. Nevertheless, low dairy herd
management adoption rates in developing countries are expected to hinder the market
growth over the next seven years. In addition, trade barriers coupled with stringent
government regulations are expected to hamper the market growth.
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Market Segmentation
Product
Introduction
Hardware
Milk Management Systems
Fertility Management Systems
Feeding Management Systems
Cattle Management Systems
Accessories
Standalone Software
On-Premise Software
Web-Based/Cloud-Based Software
Application
Introduction
Milk Harvesting Management
Reproduction Management
Feeding Management
Heat Stress Management
Animal Comfort Management
Calf Management
Other Apllications
Latin America Dairy Herd Management Market Segmentation by Product and
Application. On the basis of Product, it is segmented into Hardware and Software.
Hardware segment is further segmented into Milk, Fertility, Feeding, and Cattle
Management Systems. Software segment is further segmented into On-Premise and WebBased. Hardware systems accounted held the largest share in this market segment due to
an increase in the demand for milk management systems. Standalone software systems are
projected to register the highest growth rate due to technological advancements in
automated milking systems which will further help in reducing the overall cost of dairy
production. On the basis of Application, it is segmented into Milk Harvesting, Reproduction,
Heat Stress, & Calf Management. The milk harvesting segment is anticipated to account for
the largest share of the market in 2016. Factors such as growing preference for automated
milk harvesting systems, the high focus of farmers towards increasing milk yield, and
growing demand for dairy products are driving the market growth in this application
segment. The reproduction management segment is projected to register the highest CAGR
due to an increase in the availability of innovative reproductive technologies such as
artificial insemination (AI) for proper management of cattle in the gestation period.
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Latin America Dairy Herd Management Market geographical segmentation by Argentina,
Brazil and Mexico. The growth in this region can be attributed to an increase in the demand
for milk and milk products as a result of the growth in the population, growth in the
disposable incomes, rapid urbanization, and implementation of government initiatives
towards the development of the dairy farming industry.
The major Latin America Dairy Herd Management Market leaders are Afimilk Ltd.,
BouMatic, Dairy Master, DeLaval, GEA Group AG, Infovet, Lely Holdings S.A.R.L, SCR
Dairy Inc., Sum-It Computer Systems, Ltd, and Valley Agriculture Software.
Scope of the Report:
•
Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
•
Segment-level analysis in terms of Product and Application along with market size
forecasts and estimations to detect key areas of industry growth in detail
•
Identification of key drivers, restraints, opportunities and challenges (DROC) in the
market and their impact on shifting market dynamics
•
Study of the effect of exogenous and endogenous factors that affect the Latin
America Market; which includes broadly demographic, economic and political,
among other macro-environmental factors presented in an extensive PESTLE
Analysis
•
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
•
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis
and analyst overview to study and sustain the market environment
•
Competitive landscape analysis listing out the mergers, acquisitions,
collaborations in the field along with new product launches, comparative financial
studies and recent developments in the market by the major companies
•
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
•
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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Latin America Dairy Herd Management Market Size is anticipated to grow at 8.02% CAGR from 2016 to 2021 and it is estimated that the Latin America market was valued at USD 0.26 billion in 2016 and is expected to reach USD 0.38 billion by 2021.

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