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Feed software market - Market size and share | industry report, 2022

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The global  feed software market  will increase at a CAGR of 6.2% to reach $281.9 million by 2022, according to the latest publication from Meticulous Research®. Feed formulation and feed management have been a major concern to feed producers, animal farmers, and veterinarians all over the world. Feed formulation software calculates a number of feed ingredients that need to be combined to form single uniform diet for animals that accomplish all of their nutrient requirements. Since nutrient values vary according to animals and their age, one need to keep formulating feed at various stages of the animal’s life. This is a tedious job to do manually where as a software can perform various calculations within no time. This report analyzes the global feed software market size for 2015, 2016, and 2017, with a forecast till 2022 by software delivery  mode  (on-premises, and web/cloud based),  animal type  (ruminants, swine, and poultry),  application  (feed formulation, feed managem