Poultry farming involves raising domesticated birds such as chickens, ducks, geese, turkeys, and quails commercially for their meat and eggs. Poultry keeping machinery such as feeding systems, drinking systems, brooders, and ventilation systems play an important role in maintaining optimal poultry farm conditions and maximizing yield.

The global Poultry Keeping Machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increased focus on poultry farming is one of the key trends driving the growth of the poultry keeping machinery market. Poultry farming is gaining traction globally due to the growing demand for poultry-based food products and increasing focus on protein-rich diets. Optimal health conditions and maximum yield can only be achieved through the use of advanced machinery such as climate control systems and automated feeding and watering machines. Farmers are increasingly adopting advanced poultry keeping equipment to improve operational efficiency and maximize profits. This rising uptake of machinery among commercial poultry farmers is expected to support the market growth over the forecast period.

Segment Analysis
The global poultry keeping machinery market is dominated by feeders and waterers segment, accounting for over 35% share of the total market. Poultry farms heavily rely on automated feeders and waterers to provide feed and drinking water to birds as it ensures regular intake and prevents wastage. As the number of commercial poultry farms increase globally to cater to rising demand for poultry meat and eggs, the demand for feeders and waterers continues to grow at a healthy pace.

Key Takeaways
Global Poultry Keeping Machinery Market Size is expected to witness high growth. The global Poultry Keeping Machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030.

Regional analysis shows that Asia Pacific region currently dominates the market with over 40% share and is expected to maintain its leading position during the forecast period. China, India and various Southeast Asian countries are witnessing rapid expansion of commercial poultry farms to meet the rising protein demand from their huge populations, driving heavy demand for machinery in these countries.

North America represents the second largest market for poultry keeping machinery led by the US. Large scale poultry farming practices in the country relies on advanced automated equipment to ensure efficiency. However, growth in the region is projected to be moderate during the forecast period.

Key players operating in the poultry keeping machinery market are BMW Group, Daimler, Ford Motor, General Motors, Honda Motor, Hyundai Motor, SAIC Motor, Stellantis, Toyota Motor, Volkswagen Group, and others. In order to strengthen their market position, leading players are focused on development of innovative solutions through integration of latest technologies like IoT, robotics and automation. They are also expanding their global footprint through strategic collaborations with local players in high growth markets.
 

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