The varying global diet and food consumption patterns and burgeoning requirement for economic and protein rich meat products have been the strong factors demanding poultry products among other meats. With the large markets of Asia Pacific and North America catering to the majority of the global supply of poultry products such as meat and eggs, there has been a thriving demand for specialized equipment and machinery from the aforementioned regions, according to Future Market Insights. Poultry keeping machineries play a very important part of poultry set-up. Further, they are installed in order to improve productivity and to reduce mortality of the birds by creating an ideal environment for the poultry. Poultry keeping machineries are very important in duplication of ideal environment which is important for the growth of reared birds. Global poultry keeping machinery market is anticipated to witness a robust growth over the forecast period 2017-2024, according to Research Nester. The rising demand for poultry keeping machinery is expected to remain positive in near future, translating into an opportunity of around USD1.7 Billion over the forecast period (2016-2024). In terms of region, global poultry machinery market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa Region. Among these regions, Asia Pacific region is dominating the global poultry keeping machinery market and is expected to behold this positive growth in near future. In terms of machine unit, Asia Pacific region is leading the market with a major share of 39 percent and is projected to dominate the consumption of poultry keeping machinery over the forecast period. Furthermore, India and China are the major contributors to the growth of poultry keeping machinery market in Asia Pacific Region. North America poultry keeping machinery market is anticipated to capture market share of 29 percent by the end of forecast period and is projected to flourish at a compound annual growth rate (CAGR) of 3 percent over the forecast period. In addition to this, rising adoption of advanced poultry machineries such as automated egg collector and broiler harvester in Middle East & Africa region is anticipated to foster the growth of global poultry keeping machinery market over the forecast period. Apart from this, Europe region is anticipated to witness a slow growth during the forecast period. Some of the major factors driving the growth of poultry keeping machinery are increasing demand for affordable & protein rich products and varying food products globally. Apart from this, global poultry keeping machinery market is directly affected by rising number of poultry farms which is likely to raise the demand for poultry keeping machineries over the forecast period. Further, increasing disposable income of consumers and rising cost of other meat products including beef and pork are some major drivers augmenting the growth of global poultry keeping machinery market. Furthermore, adoption of poultry keeping machineries has results in remarkable advantages such as higher production and reduced mortality of reared birds. These beneficial features are expected to propel the demand for poultry keeping machineries globally. However, recent upsurge in bird related disease such as bird flu has affected the global poultry keeping machinery market. Nonetheless, high tax and duties with importation of poultry keeping machinery are also restraining the growth of global poultry keeping machinery market. Key Players are Jansen Poultry Equipment, Company Overview, Key Product Offerings, Business Strategy,
SWOT Analysis, Financials, Vencomatic Group, Valco Companies Inc., Hartmann Lebensmittltechnik Anlagenbau GmBh, HAMEX-GROUP, TEXHA PA LLC, Big Dutchman International GmBh, Petersine NV, Henan Jinfeng Poultry Equipment Co. Ltd., Onelye HK Group Ltd., A.P. Poultry Equipment.