Press release
Precision Livestock Farming Market to Reach Nearly USD 7.33 Bn by 2030, Growing at 8.5% CAGR

๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
The Precision Livestock Farming Market is experiencing significant growth driven by the increasing demand for efficient and sustainable agricultural practices. As farmers seek to enhance productivity and animal welfare, the adoption of precision livestock farming technologies-such as IoT sensors, data analytics, and automation-has become essential. These technologies enable real-time monitoring of animal health, behavior, and nutrition, leading to improved management decisions and optimized resource use.
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The size of the precision livestock farming market was estimated to be USD 4.14 billion in 2023, and from 2024 to 2030, it is anticipated that overall revenue from precision livestock farming would increase by 8.5%, or roughly USD 7.33 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/198396/
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
by Offering
Hardware
Software
Services
In terms of market size, the hardware sector is anticipated to lead the worldwide precision livestock farming market over the forecast period, according to Offerings. Hardware, software, and services are the three primary market segments. Precision livestock husbandry relies heavily on hardware devices to gather and analyze vital data points at the individual and herd levels. These gadgets collect information on a range of livestock topics, such as health, stress from the heat, effectiveness of feeding, and estrus.
By offering useful livestock data, the use of cutting-edge technology like robots, automation, smart sensors, and camera systems has greatly enhanced farm management. Innovative products for cattle producers have been made possible by the integration of cutting-edge technology like artificial intelligence, machine learning, and the Internet of things. The apparatus
by Technology
Identification And Tracking
Milking Robotic Systems
Poultry Monitoring and Robotic Systems
Precision Feeding Systems
Sensors And Monitoring Devices
Software And Data Analytics
GPS Tracking and Geolocation Systems
Others
by Farm Type
Dairy Farms
Poultry Farms
Swine Farms
Others (Equine and Bovine Farms)
by Application
Livestock Health and Behavior Monitoring Management
Environmental Monitoring
Feed Management
Milk Harvesting
Sorting, Animal Weighing Data Analysis, And Financial
Waste Management
According to application, the precision livestock farming market from 2024 to 2030 is expected to have the second-largest market size for the feeding management application segment. The heightened consciousness among livestock farm owners regarding the effective administration of feed inventory and animal diets is anticipated to propel substantial expansion in this industry. High milk production in dairy cows is mostly dependent on their diet, and crucial minerals like potassium (K) and phosphorus (P) are necessary for the growth, development, and healthy production of milk in dairy cattle.
In chicken farms, feeding management is also becoming more popular, and well-established businesses are meeting this demand. Feed intake monitoring and ration optimization are two precise feed management techniques used in precision livestock farming that assist in tracking feed consumption using sensors.
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The Precision Livestock Farming Market is rapidly evolving, characterized by the integration of advanced technologies aimed at enhancing livestock management and farming efficiency. This market leverages tools such as IoT devices, sensors, data analytics, and automation systems to monitor animal health, behavior, and environmental conditions in real time. By enabling farmers to make informed decisions based on accurate data, precision livestock farming improves productivity, animal welfare, and resource management.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/198396/
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Precision Livestock Farming Market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Precision Livestock Farming, are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The Precision Livestock Farming Market Scope encompasses a comprehensive analysis of the technologies, trends, and applications associated with the management of livestock through precision farming methods. This includes the evaluation of various tools and systems, such as IoT sensors, wearable devices, data analytics platforms, and automated feeding systems, which enhance monitoring and decision-making processes in livestock management. The scope also covers market segmentation by livestock type (such as cattle, poultry, and swine), technology (including software and hardware solutions), and geographical regions, providing insights into key players and competitive dynamics within the market.
The Methodology for analyzing the precision livestock farming market involves a combination of primary and secondary research. Primary research includes interviews with industry experts, farmers, and technology providers to gather firsthand insights into current practices and market challenges. Secondary research consists of reviewing existing industry reports, academic literature, and market studies to collect data on trends, growth factors, and market dynamics. Both quantitative and qualitative analysis techniques are employed to assess market size, forecast growth rates, and understand the competitive landscape. This rigorous approach ensures a detailed understanding of the precision livestock farming market and its future potential.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/198396/
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Afimlik (Israel)
3. Allflex (Israel)
4. Antelliq
5. BouMatic (US)
7. Connecterra
8. Cowlar
9. Dairymaster (Ireland)
10. DeLaval (Sweden)
11. Fancom B.V.
12. Farm Control
13. Fullwood Paco Ltd.
14. GEA Farm Technology (Germany)
16. HokoFarm-Group
17. IceRobotics
18. Lely International (Netherlands)
20. Moocall
21. Trioliet B.V
22. VDL Agrotech
23. Waikato Milking System
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/precision-livestock-farming-market/198396/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Precision Livestock Farming?
โข What is the growth rate of the Precision Livestock Farming?
โข Which are the factors expected to drive the Precision Livestock Farming Market growth?
โข What are the different segments of the Precision Livestock Farming?
โข What growth strategies are the players considering to increase their presence in Precision Livestock Farming?
โข What are the upcoming industry applications and trends for the Precision Livestock Farming?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Precision Livestock Farming?
โข What major challenges could the Precision Livestock Farming face in the future?
โข What segments are covered in the Precision Livestock Farming?
โข Who are the leading companies and what are their portfolios in Precision Livestock Farming?
โข What segments are covered in the Precision Livestock Farming?
โข Who are the key players in the Precision Livestock Farming Market?
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