The global feed management software market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. Animal feed and nutrition are critical areas on livestock farms, accounting for up to 70% of the cost of production. One of the key benefits of using feed management technology is the ability to continually track and maximize income over feed cost. It includes the precise loading of individual ingredients and the subsequent total mixed ration (TMR) mixing, tracking of feed intakes, management of feed costs, and others.
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For instance, in April 2022, Umitron announced the launch of its latest product, Umitron Remora – a “plug-and-play software that brings the company’s highly specialized feed optimization algorithms, pellet detection, and mortality estimation to large-scale farm operations without installing additional hardware. According to the company, Remora was specifically designed to increase efficiency and reduce unnecessary workload and stress for feed operators when having to monitor multiple pens. Further, the growing demand for the inclusion of enzymes in feed and quality management is anticipated to fuel the demand for the global feed management software market. For instance, in June 2019, Kemin Industries struck a partnership with CRVAB Bio-technology Co., Ltd., an enzyme producer for the feed industry based in Chifeng, Inner Mongolia, China. The partnership will allow Kemin to expand globally in enzyme production and add fermentation capabilities. With this investment, Kemin Industries will be able to better serve more customers in the global feed enzymes markets and will become basic in enzyme production.
Global Feed Management Software Market Report Segment
By Type
- Feed Formulation Software
- Animal Simulation Model
- Others
By Mode of Delivery
- On Premise
- Cloud-Based
By Animal Type
- Ruminants
- Swine
- Poultry
- Others
By Application
- Feed Formulation
- Feed Management
- Ration Balancing
- Quality Control
- Others
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Feed management software Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Adifo NV
- Adisseo France SAS
- Agentis Innovations Ltd.
- Alltech Inc.
- Cultura Technologies LLC.
- DHI – Provo
- DHI Computing Service, Inc.
- Evonik Industries AG
- Format Solutions, Inc.
- GLOBALVETLINK, L.C.
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