Poultry Farming Equipment - Global Market Outlook (2019 -2027)Global Poultry Farming Equipment Market is forecast to witness a CAGR of 6.0% over 2019-2027The Global Poultry Farming Equipment Market is accounted for $23.11 billion in 2019 and is expected to reach $36.83 billion by 2027 growing at a CAGR of 6.0% during the forecast period. Increasing consumption of processed food and government support for the use of farming equipment in developing countries is driving the growth of the market. However, product failures and recalls, and unfavorable taxation policies are hampering the market growth.
By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to the rise in per capita income of people in the region as well as the shift of preferences of consumers towards value-added food is expected to accelerate the market growth. An increase in small and mid-sized poultry farms promoting the production of local and organic breeds is also fueling the market growth.
Some of the key players profiled in the Poultry Farming Equipment Market include Big Dutchman International, Petersime NV, Tecno Poultry Equipment Spa, Valco Companies, Vencomatic Group, OFFICINE FACCO & C. Spa, Guangdong Guangxing Animal Husbandry Equipment, Guangzhou Huanan Poultry Equipment CO., Ltd, Guangdong Nanmu Machinery and Equipment Co., Ltd, Big Herdsman Machinery Co., Ltd., Henan Jinfeng Poultry Equipment, Shanghai Extra Machinery Co., Ltd, and Yanbei Animal Husbandry Machinery Group.
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Poultries Covered:• Turkey• Duck• ChickenProducts Covered:• Amphoteric• Anionic• CationicTypes Covered:• Egg Handling Equipment• Hatchers & Setters• Incubators & Brooders• Monitoring & Grading Systems• Washers & Waste Removal Systems• Watering, Feeding & Vaccination EquipmentOperations Covered:• Automatic• Manual• Semi-automatic
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