Livestock Monitoring Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031

Coverage: Livestock Monitoring Market covers analysis By Component (Hardware, Software, and Services), Animal Type (Cattle, Poultry, Swine, Equine, and Others), and Application (Milk Harvesting Management, Reproduction Management, Feeding Management, Animal Comfort Management and Others), and Geography

  • Report Code : TIPTE100001054
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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The livestock monitoring market is expected to register a CAGR of 11.6% during 2023–2031. The growing adoption of IoT and AI for livestock monitoring is likely to remain a key trend in the market.

Livestock Monitoring Market Analysis

  • Market expansion is witnessed along with the upsurge in cattle population and increasing adoption of livestock monitoring technology. Another factor driving the growth of the livestock monitoring market is the growing prevalence of zoonotic diseases, the outbreaks of which can pose a socio-economic threat by leading to losses in production and disruption to local markets, rural economies, and international trade.
  • The market is growing because there is an increasing focus on real-time monitoring and early detection of diseases and rising global demand for meat, coupled with cost savings achieved by the adoption of livestock monitoring solutions.

Livestock Monitoring Market Overview

  • Livestock monitoring is done through various devices, including wearable devices, sensors, cameras, and software applications, all aimed at collecting data about the animal's health, behavior, and locomotion. It will help in the continuous gathering of real-time data that can monitor key animal and environmental biomarkers, providing decision tools for farmers.
  • Livestock monitoring is highly essential for enhancing the welfare of the animal, issuing an early warning system in cases of illness or injury, and making better decisions to improve profitability. State-of-the-art technologies such as Precision Livestock Farming (PLF) enable the continuous collection of real-time data through sensors, advanced algorithms, and valuable insights for effective management of the production process by the farmer.

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Livestock Monitoring Market: Strategic Insights

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Livestock Monitoring Market Drivers and Opportunities

Growing Focus on Real-Time Monitoring and Early Disease Detection

  • The demand for livestock monitoring is increasing rapidly, where real-time monitoring and early disease detection become key factors. This brings into line the dual requirements of ensuring optimal health conditions for the animals and the reduction of risks associated with outbreaks.
  • Real-time monitoring allows farmers to continuously monitor the welfare and behavior of their livestock and to undertake timely interventions if certain signs and symptoms raise health concerns. It also helps in the containment of a breakout of diseases in the population of animals, thus securing the entire health and productivity spectrum of the livestock.
  • In this way, such focus on proactive monitoring for possible disease outbreaks and prevention being at the forefront of practices underlines the critical role played by livestock monitoring solutions in the contemporary agricultural business, thereby stimulating growth and innovation in this market.

Rising Demand for Meat Globally

  • One growth driver, thereby underpinning growth in the livestock sector, is the increasing global demand for meat, notably in countries such as China. Given the rapidly growing population and rising middle-class income in China, demand for meat products has soared in recent years, making a remarkable change in the world meat market. For instance, changes in China's dietary preferences and consumption patterns have triggered a high demand for meat, which is expected to rise significantly in the next few decades.
  • Therefore, in such a situation, it becomes an excellent opportunity for vendors who provide livestock monitoring solutions since managing and optimizing meat production becomes of paramount importance with the increasing demand. Moreover, if meat consumption continues to rise in China, this would illustrate the general market potential for livestock monitoring technologies through an emerging need for sustainable and efficient livestock farming to keep pace with global shifts in consumption.

Livestock Monitoring Market Segmentation

Key segments that contributed to the derivation of the livestock monitoring market analysis are component, animal type, and application.

  • By component, the market is divided into hardware, software, and services.
  • By animal type, the market is bifurcated into cattle, poultry, swine, equine, and others.
  • In terms of application, the market is segmented into milk harvesting management, reproduction management, feeding management, animal comfort management, and others.

Livestock Monitoring Market Share Analysis by Geography

  • The livestock monitoring market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
  • Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering mechanical keyboards market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
  • Also, the report covers PEST analysis, which involves the study of major factors that influence the livestock monitoring market in these regions.

Livestock Monitoring Market Regional Insights

The regional trends and factors influencing the Livestock Monitoring Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Livestock Monitoring Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

livestock-monitoring-market-global-geography
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Livestock Monitoring Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2024 - 2031) 11.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Hardware
  • Software and Services
By Animal Type
  • Cattle
  • Poultry
  • Swine
  • Equine
By Application
  • Milk Harvesting Management
  • Reproduction Management
  • Feeding Management
  • Animal Comfort Management
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • GEA Group Aktiengesellschaft
  • Afimilk Ltd.
  • BouMatic
  • Fullwood Packo
  • Fancom BV
  • DeLaval
  • Lely
  • Intervet Inc.
  • Dairymaster
  • Sensaphone
  • Market Players Density: Understanding Its Impact on Business Dynamics

    The Livestock Monitoring Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Livestock Monitoring Market are:

    1. GEA Group Aktiengesellschaft
    2. Afimilk Ltd.
    3. BouMatic
    4. Fullwood Packo
    5. Fancom BV
    6. DeLaval

    Disclaimer: The companies listed above are not ranked in any particular order.


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    Livestock Monitoring Market News and Recent Developments

    The livestock monitoring market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the livestock monitoring market are listed below:

    • Merck Animal Health, a division of Merck & Co., Inc., Rahway, N.J., USA (NYSE: MRK), announced the launch of FALCON® Biomass, a powerful, always-on biomass estimation unit that provides key information about average weight, distribution, and growth trends to improve fish farming operations. Built with more than 15 years of biomass estimation experience, measurements are collected autonomously, with reduced stress and negative impact on fish welfare or feeding because the fish remain in the water.

    (Source: Merck & Co., Inc., Company Website, August 2024)

    • Precision animal health technology brings data insights together to help cattle producers make earlier, more informed decisions to help keep animals healthy and productive. The newest tools from Zoetis – Performance Ranch™ and BLOCKYARD™ – provide cattle producers with the information they need at their fingertips, accessible from digital devices anywhere.

    (Source: Zoetis, Press Release, January 2022)

    Livestock Monitoring Market Report Coverage and Deliverables

    The "Livestock Monitoring Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Livestock monitoring market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Livestock monitoring market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Livestock monitoring market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the livestock monitoring market
    • Detailed company profiles
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the expected CAGR of the livestock monitoring market?

    Global livestock monitoring market is expected to grow at a CAGR of 11.6% during the forecast period 2023 - 2031.

    What are the driving factors impacting the global livestock monitoring market?

    The growing focus on real-time monitoring and early disease detection is the major factor driving the livestock monitoring market.

    What are the future trends of the livestock monitoring market?

    The growing adoption of IoT and AI for livestock monitoring is likely to remain a key trend in the market.

    Which are the leading players operating in the livestock monitoring market?

    The leading players operating in the livestock monitoring market are GEA Group Aktiengesellschaft, Afimilk Ltd., BouMatic, Fullwood Packo, Fancom BV, DeLaval, Lely, Intervet Inc., Dairymaster, and Sensaphone are key players in the livestock monitoring market.

    What are the deliverable formats of the livestock monitoring market report?

    The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.

    What are the options available for the customization of this report?  

    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

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    The List of Companies

    1. GEA Group AG
    2. Afimilk Ltd.
    3. Boumatic, LLC
    4. SCR Dairy, Inc. (An Independent Division of Allflex Group)
    5. Dairymaster
    6. Lely Holding S.À.R.L
    7. Sum-It Computer Systems, Ltd.
    8. Valley Agriculture Software
    9. Infovet
    10. Communications Group Lethbridge Ltd.


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