The global feed software market size reached US$ 200.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 323.8 Million by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Feed Software Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global feed software market size reached US$ 200.2 Million in
2023.
Feed software is a computer-based mathematical program designed to create
and manage animal feeds. It is widely used by farmers, feed producers,
nutritionists, and veterinarians to match the nutritional requirement of targeted
species and achieve production goals at an optimized cost. Feed software
helps formulate feeds for poultry, cattle, sheep, goats, rabbits, ruminants,
pets, and aquaculture.
It offers a user-friendly interface and allows users to select nutrient ranges,
ingredients, seasons, and age groups for the animals. Feed software is also a
cost-effective, reliable, and accurate model that provides quick formulations,
saves costs, maximizes profits, increases productivity, and enables precision
feed in terms of quantity and quality.
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software-market/requestsample
4. Report Description
Global Feed Software Market Trends:
The significant growth in the livestock industry is one of the primary factors driving the market growth. Feed software is
widely used to formulate precise, uniform, and objective-based animal feed, reduce costs, and maximize profits. In
addition to this, rising software adoption by farmers to ensure the healthy growth and development of livestock, increase
milk yield, and improve meat quality, is acting as another growth-inducing factor. Furthermore, increasing consumer
awareness regarding multiple product benef its, such as faster, secure, and reliable calculations, high return on
investments, intuitive and user-friendly interface, and highly customizable and scalable features, is providing an impetus
to the market growth. Additionally, the introduction of next-generation, cloud-based feed software that provides highly
secure end-to-end solutions, a collaborative platform with a multi-user environment, an efficient optimization engine,
intelligent reporting, continuous updates, and easy data access on any device is positively inf luencing the market growth.
Apart from this, the integration of artif icial intelligence (AI) to detect potential contaminants in feed ingredients, identify
signs of illness or stress in animals, calculate exact caloric needs, and provide predictive capabilities to test various
scenarios at low costs, is favoring the market growth. Other factors, including extensive research and development (R&D)
activities, rapid digitalization of the livestock industry, increasing demand for meat and meat products, and rising
consumer awareness regarding healthy eating, are anticipated to drive the market growth.
Looking forward, the market value is expected to reach US$ 323.8 Million by 2032, exhibiting a CAGR of
5.4% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/feed-software-market
5. Report
Segmentation
Breakup by Type:
• Feed Formulation Software
• Animal Simulation Model
• Others
Breakup by Animal Type:
• Swine
• Poultry
• Ruminant
• Aquaculture
• Others
Breakup by Mode of Delivery:
• On-premises
• Cloud-based
6. Report
Segmentation
Breakup by End User:
• Feed Producers
• Animal Farmers
• Nutritional Professional and Consultants
• Veterinarians
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• Adifo, Agrovision B.V.
• Alltech Inc.
• Animal Feed Formulation Software
• Bluestar Adisseo Company (China National
Bluestar (Group) Co. Ltd.)
• Cargill Incorporated
• Cultura Technologies Inc. (Volaris Group Inc.)
• Dalex Livestock Solutions LLC
• DHI Computing Service Inc
• Easy Automation Inc.
• Feedlogic Corporation
• PrairiE Systems LLC (United Animal Health Inc.)
• Supervisor Systems
8. Key Questions
Answered in
the Report
What was the size of the global feed software market in 2023?
What is the expected growth rate of the global feed software
market during 2024-2032?
What has been the impact of COVID-19 on the global feed
software market?
What are the key factors driving the global feed software
market?
What is the breakup of the global feed software market based
on the type?
What is the breakup of the global feed software market based
on the animal type?
What are the key regions in the global feed software market?
Who are the key players/companies in the global feed
software market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Feed Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Feed Formulation Software
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Animal Simulation Model
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Others
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Animal Type
10. Table of
Contents
7.1 Swine
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Poultry
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Ruminant
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Aquaculture
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Others
7.5.1 Mark et Trends
7.5.2 Market Forecast
8 Market Breakup by Mode of Delivery
8.1 On-premises
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Cloud-based
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by End User
9.1 Feed Producers
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Animal Farmers
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
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