Lack of Health Insurance for Workers Poses Threat of COVID-19 Outbreak
The COVID-19 impact on the food supply chain and specifically livestock production has been unexpected. An increasing number of cases among workers in meat processing plants rapidly evolved to affect humans, animals in terms of adequate food & water provision, and environmental welfare in several countries. Such consequences have slowed down economic growth in the poultry farming equipment market.
Due to the coronavirus outbreak, increased importance is being given to hygiene to ensure product quality and food safety. Such findings are influencing the growth of the global poultry farming equipment market, since the novel disease has rapidly spread among workers. The lack of sick leave and health insurance has led to workers continuing to work while being infected. Overall, economic downturn has slowed down business activities in the market for poultry farming equipment.
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Can Poultry Farming House Systems Meet End User Demands?
The poultry farming equipment market is expected to cross US$ 6.33 Bn by 2031. Poultry farming house systems are estimated to dictate the highest revenue share among all product types in the market. Stakeholders are investing in different types of systems such as free-range systems, semi-intensive systems, and deep litter systems, among others. Advantages and disadvantages of all systems are influencing revenue flow in the market for poultry farming equipment.
For instance, scientific management practices cannot be adopted in free-range systems. As such, less capital investment and less feed requirements in free-range systems are compensating for its disadvantages.
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Increase in Use of Advanced Technologies, Materials to Manufacture Brooders
The poultry farming equipment market is predicted to clock a favorable CAGR of 6.1%, in terms of revenue, during the forecast period. Manufacturers are boosting their production for alke gas brooders that are made using excellent materials obtained from well-known vendors in the market. On the other hand, manufacturers are innovating in electric broders with fan and strengthening their sales through eCommerce websites.
Indian manufacturers in the poultry farming equipment market are building export chains with end users in Africa, the US, the Middle East, Australia, and East Asia. Electric brooders with fan are being engineered using advanced technologies to assure long working life and outstanding performance even under harsh working conditions.
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Preference for Automated Feeding Systems to Save Manpower Costs
Trolley feeding systems are being developed by manufacturers in the poultry farming equipment market. These systems have self-service terminals, which eliminate the need for unnecessary manpower. Trolley feeding systems do not require individuals to operate during the feeding conveying and feeding process since the whole process can be automated.
The poultry farming equipment market is projected to expand from a volume of 458,060 units in 2021 and reach 708,639 units by 2031. Manufacturers are gaining proficiency to develop automatic pan feeding systems mainly used to raise broilers and chicks. Easy to clean and easy to assemble attributes of these feeders are grabbing the attention of poultry farm owners.
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