Precision Livestock Farming Market to Reach USD 7.33 Billion by 2030 at an 8.5% CAGR

The precision livestock farming market is set to revolutionize the agricultural industry by integrating cutting-edge technology to optimize productivity and animal welfare. Valued at USD 4.14 Bn. in 2023, the market is projected to reach USD 7.33 Bn. by 2030, growing at an impressive CAGR of 8.5% over the forecast period.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/198396/

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

Vietnam is emerging as a promising market for precision livestock farming due to increasing demand for sustainable agricultural practices. Companies like 𝐀𝐥𝐥𝐟𝐥𝐞𝐱 and 𝐃𝐞𝐋𝐚𝐯𝐚𝐥 have introduced monitoring solutions tailored to local livestock management needs. Recent government programs promoting smart agriculture are fostering growth in this market.

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand's precision livestock farming market is advancing due to strong support from the agricultural sector. 𝐆𝐄𝐀 𝐆𝐫𝐨𝐮𝐩 has collaborated with local organizations to implement automated milking systems and herd management tools. Key trends include the adoption of IoT-enabled sensors for real-time monitoring and government-backed initiatives to modernize livestock farming practices.

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Japan, a leader in technological innovation, is rapidly adopting precision livestock farming practices. Companies like 𝐘𝐨𝐤𝐨𝐠𝐚𝐰𝐚 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 are integrating AI and robotics into livestock farming solutions. Recent consolidations, such as Hitachi's partnership with agritech startups, aim to expand the adoption of smart farming technologies in rural areas.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐯𝐢𝐚 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/198396/

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea's focus on technology-driven farming solutions positions it as a key player in precision livestock farming. Major companies like 𝐒𝐚𝐦𝐬𝐮𝐧𝐠 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 are developing AI-based platforms for animal health monitoring. Recent updates include collaborations with universities to enhance R&D capabilities and government funding for smart agriculture projects.

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Singapore's limited agricultural land has driven the adoption of high-tech farming solutions, including precision livestock farming. Companies such as 𝐌𝐒𝐃 𝐀𝐧𝐢𝐦𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 have introduced innovative health monitoring systems to improve productivity. Recent developments include government grants supporting the integration of IoT in farming practices and partnerships with global agritech firms.

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

The US leads the global precision livestock farming market, with strong demand for automation and sustainability. Companies like 𝐂𝐚𝐫𝐠𝐢𝐥𝐥 𝐚𝐧𝐝 𝐙𝐨𝐞𝐭𝐢𝐬 are investing in AI-driven analytics and wearable technologies for livestock management. Recent acquisitions, including John Deere's purchase of Blue River Technology, highlight the trend of integrating advanced solutions into traditional farming methods.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/198396/

𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐋𝐢𝐯𝐞𝐬𝐭𝐨𝐜𝐤 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

Europe remains a frontrunner in the adoption of precision livestock farming, driven by stringent animal welfare regulations and robust R&D investments. Companies like 𝐋𝐞𝐥𝐲 𝐚𝐧𝐝 𝐁𝐨𝐮𝐌𝐚𝐭𝐢𝐜 dominate the market with innovative milking robots and herd management systems. Recent mergers and acquisitions aim to enhance product portfolios, while government policies encourage digitalization in agriculture.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐛𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠

Hardware
Software
Services

Throughout the forecast period, the hardware segment is anticipated to hold a dominant market share in the global precision livestock farming market. The three primary segments of this market are services, software, and hardware. The hardware tools used in precision livestock husbandry are vital for gathering and evaluating vital information at the individual and herd levels. These gadgets collect information on a number of livestock-related topics, such as health, heat stress, feeding effectiveness, and estrus.

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

Between 2024 and 2030, the feeding management application sector is anticipated to have the second-largest market size in the precision livestock farming industry. Significant growth in this market is anticipated due to livestock farm owners' growing awareness of the importance of effectively managing feed inventories and animal diets. High milk production in dairy cows is mostly dependent on adequate feed intake, and important minerals like potassium (K) and phosphorus (P) are necessary for the growth, maintenance, and healthy production of milk.

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/precision-livestock-farming-market/198396/

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

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

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