Global Dairy Herd Management Market Share
The dairy herd management market is divided into four regions globally: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The demand for sophisticated medical technologies and the aging population in North America account for the largest revenue share of the global dairy herd management industry. Due to the increasing trend of larger farms with more animals, the Asia Pacific global dairy herd management market is anticipated to grow at a high compound annual growth rate (CAGR) throughout the forecast period. The rising demand for milk products also fuels the growing need for increased productivity. The key benefits of implementing intelligent farming technologies for improved farm animal management include reducing the expense of animal care, which will further create a strong demand for products and services related to dairy herd management.