Press release
Precision Swine Farming Market To Watch and Projected Growth US$ 844.90 Million By 2031
Global Precision Swine Farming Market reached US$ 580.21 million in 2022 and is expected to reach US$ 844.90 million by 2031, growing with a CAGR of 4.8% during the forecast period 2024-2031.Precision Swine Farming Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.
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Market Overview:
Precision Swine Farming refers to the use of advanced technologies, such as sensors, automation, data analytics, and IoT devices, to monitor and manage pig health, behavior, and production in real-time. This approach aims to optimize feed efficiency, improve animal welfare, reduce environmental impact, and enhance overall farm productivity by making data-driven decisions throughout the swine production cycle.
List of the Key Players in the Precision Swine Farming Market:
Fancom BV, Big Dutchman, SKIOLD GROUP, AGCO Corporation, MAXIMUS, Osborne Industries, Inc., Faromor., Farmweld, Schauer Agrotronic GmbH, and ROTECNA, S.A.
Precision Swine Farming Market Development:
In January 2024, Jimdi Inc. acquired the swine flooring assets of DuraPlas, including the Dura-Tuff and Dura-Lock product lines. Jimdi will now market these products under the brand names Top-Tread and Lunar-Lock. Meanwhile, DuraPlas will shift its focus toward expanding ventures in other industries such as poultry and grain.
In November 2023, Hord Family Farms of Bucyrus, Ohio, completed the acquisition of New Horizon Farms' assets. New Horizon Farms, a farrow-to-finish swine operation based in Pipestone, Minnesota, will now operate as Hord Farms West, continuing its existing pork production activities.
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Segment Covered in the Precision Swine Farming Market:
By Offering: Hardware, Software, Services
By Farm Size: Small Farms, Mid-Sized Farms
By Application: Farm/ barn climate control and monitoring, Swine health monitoring, Early disease detection, Vaccination and Drug Delivery, Swine Identification and Tracking, Feeding Management, Others
Regional Analysis for Precision Swine Farming Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What are the global sales, production, consumption, import, and export figures for the Precision Swine Farming market?
➠ Who are the key global manufacturers, and how are they performing operationally?
➠ What opportunities and risks do vendors face in the Precision Swine Farming market?
➠ Which product types or end-users show the most growth potential, and what are their market shares?
➠ What factors are driving or limiting growth in the Precision Swine Farming market?
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