Feed Robotics Market Growth: $2.5 Billion by 2029

The feed robotics market is projected to grow significantly, increasing from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, with a compound annual growth rate of 11.5%. This growth is primarily driven by the rising demand for automation in agriculture, as farmers seek to enhance operational efficiency and reduce waste. The adoption of precision farming practices is also contributing to this trend, ensuring optimal feed utilization and improving overall farm productivity. Key players in the market are making strategic acquisitions to enhance their technological capabilities. For instance, Lely International's acquisition of Horizon Robotics in 2023 aims to integrate advanced AI into their feed robotics solutions, while DeLaval's acquisition of Connecterra in 2022 focuses on developing automated feeding systems. These moves reflect a commitment to innovation and improving farm efficiency, supported by government initiatives and subsidies that encourage the adoption of new technologies. In Europe, farmers are increasingly willing to invest in modern feed robotics, recognizing the long-term benefits and high return on investment. Government subsidies are easing the financial burden of initial investments, making these technologies more accessible. The European Union is actively funding research and development projects aimed at agricultural innovations, further facilitating the growth of the feed robotics market. As feeding systems are projected to lead the product type category, their ability to manage and distribute feed efficiently is crucial. Data-driven decision-making through advanced analytics enhances operations, providing insights into feed efficiency and animal health, ultimately contributing to the overall performance of farms.