Navigating the Future: Livestock Monitoring Market Trends and Forecast Insights, 2025 Edition

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What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In the recent past, the market size for livestock monitoring has witnessed a drastic surge. It is anticipated to escalate from $3.48 billion as of 2024 to $3.97 billion in 2025, with a compound annual growth rate (CAGR) of 14.0%. The significant growth during the historic period could be due to the adoption of precision livestock farming, management and prevention of diseases, enhancement of productivity and efficiency, regulatory initiatives regarding the welfare of livestock, and increased consumer demand for quality products.

What's the Projected Size of the Global Livestock Monitoring Market by 2029?
In the upcoming years, we can anticipate a swift expansion in the livestock monitoring market whose size is predicted to reach $7.3 billion by 2029, with a compound annual growth rate (CAGR) of 16.4%. The surge within this forecast period can be linked to factors such as environmental sustainability, cutting-edge farming techniques, animal identification and tracing, species-specific customization for livestock, and incorporation with farm management systems. Significant trends anticipated within this period are the incorporation of Internet of Things (IoT), the use of GPS for effective grazing management, automated systems for health monitoring, data analytics for prognostic insights, and non-disruptive monitoring technologies.

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Top Growth Drivers in the Livestock Monitoring Industry: What's Accelerating the Market?
The livestock monitoring market is likely to witness significant growth driven by a rising emphasis on early disease detection and real-time livestock monitoring. Providing proper care and maintaining the health of animals is critical, requiring real-time tracking and swift identification of issues via sensor technologies. For instance, the UK Centre for Ecology & Hydrology, a UK-based research body, launched a pioneering project in November 2023. This project, funded by a £700,000 grant from Innovate UK, aims to establish automated, real-time monitoring of a cattle disease costing the UK agriculture sector £80 million every year. It forms part of Defra's £270 million Farming Innovation Programme under the Farming Futures Automation and Robotics competition. Thus, the expanding emphasis on real-time monitoring and early disease detection is set to fuel the expansion of the livestock monitoring market.

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What Trends Will Shape the Livestock Monitoring Market Through 2029 and Beyond?
Top businesses in the livestock monitoring market are focusing on the creation of inventive farm management systems to stay relevant and competitive. These farm management systems comprise of integrated software and technology solutions intended to streamline and enhance the efficiency of various farming processes and actions. For instance, in July 2023, an innovative livestock monitoring system called Live Care was introduced by SK Telecom Co. Ltd., a company based in South Korea. This project is geared at improving farming management practices and the welfare of livestock using cutting-edge technology, while addressing the escalating demands of the agricultural sector. Live Care operates by using IoT devices to deliver real-time facts on livestock health and behavior patterns. As a result, farmers can keep an eye on their livestock more effectively and swiftly react to any changes in health or behavior.

What Are the Main Segments in the Livestock Monitoring Market?
The livestock monitoring market covered in this report is segmented -

1) By Livestock Type: Cattle, Poultry, Swine, Equine, Other Livestocks
2) By Offering: Hardware, Software, Services
3) By Application: Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Heat Stress Management, Health Monitoring Management, Sorting And Weighing Management

Subsegments:
1) By Cattle: Beef Cattle, Dairy Cattle, Dual-Purpose Cattle
2) By Poultry: Broilers, Layers, Turkeys, Ducks, Other Poultry
3) By Swine: market Hogs, Breeding Stock, Weaners
4) By Equine: Horses, Donkeys, Mules
5) By Other Livestocks: Sheep, Goats, Rabbits, Fish (Aquaculture), Other Specialty Livestock

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Which Top Companies are Driving Growth in the Livestock Monitoring Market?
Major companies operating in the livestock monitoring market include Cargill Incorporated, GEA Farm Technologies GmbH, Afimilk Ltd., VDL AgroTech B.V., Antelliq Corporation, Lely Holding B.V., Nedap N.V., Boumatic LLC, Dairymaster USA Inc., CowManager B.V., Sensaphone Inc., BovControl B.V., Allflex Livestock Intelligence Ltd., Cainthus Ltd., DeLaval Inc., Fancom B.V., Fullwood Packo Ltd., HerdInsights (Subsidiary of Datamars AG), Livestock Monitoring Systems Pty Ltd., Quantified AG, Rex Animal Health Inc., SmartShepherd Ltd., Connecterra, Hokofarm-Group BV

Which Regions Will Dominate the Livestock Monitoring Market Through 2029?
North America was the largest region in the livestock monitoring market in 2024. The regions covered in the livestock monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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