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Comprehensive Artificial Intelligence (AI) In Precision Livestock Farming Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Artificial Intelligence (AI) In Precision Livestock Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of artificial intelligence (AI) in precision livestock farming has seen exponential growth recently. The market worth is projected to escalate from $2.11 billion in 2024 to $2.72 billion in 2025, representing a compound annual growth rate (CAGR) of 28.5%. The historical expansion can be linked to the rise in precision farming, increased use of predictive analytics, growing demand for superior livestock products, an uptick in precision agriculture, and rising awareness about animal welfare.
Artificial Intelligence (AI) In Precision Livestock Farming Market Size Forecast: What's the Projected Valuation by 2029?
Forecasts suggest that the market size for artificial intelligence (AI) in precision livestock farming is set for tremendous expansion in the coming years, expecting to hit a value of $7.31 billion by 2029, with an impressive compound annual growth rate (CAGR) of 28.1%. The predicted growth through the forecast period can be traced back to several key factors, such as the emergence of smart farming methodologies, requirements for more efficient ways to manage livestock, and inflating global population and corresponding food demand. Other significant drivers include the escalating demand for sustainable farming practices, attention to animal health and disease control, and the need for climate change resilience. Future market trends are foreseen to encompass automated monitoring, disease detection and mitigation, automated feeding mechanisms, programmed climate control systems, computer vision technologies, Internet of Things (IoT), remote surveillance and management, and breakthroughs in sensor technology.
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What Are the Drivers Transforming the Artificial Intelligence (AI) In Precision Livestock Farming Market?
The rise in the consumption of poultry and dairy products is likely to fuel the expansion of artificial intelligence (AI) in the precision livestock farming sector. When referring to the consumption of poultry and dairy products, it denotes food items sourced from poultry species like chickens, ducks, and turkeys and dairy animals such as cows, goats, and sheep. A combination of the rising population and growing awareness about the nutritional advantages of these food items is driving increased consumption. AI enhances efficiency, monitors animal health, optimizes feed management, and modernizes reproductive procedures in precision livestock farming for poultry and dairy production, leading to improved productivity and sustainability. For instance, the European Commission (EC), the executive branch of the European Union (EU) based in Belgium, reported in August 2023 that there was a 0.8% increase in the EU's raw milk production in the first half of the year. Hence, the escalating consumption of poultry and dairy products propels the growth of AI in the precision livestock farming market.
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What Long-Term Trends Will Define the Future of the Artificial Intelligence (AI) In Precision Livestock Farming Market?
Leading corporations in the precision livestock farming market are zeroing in on the creation of advanced technological tools such as automated feeding systems, to enhance animal health and maximize production efficiency. These systems employ AI principles to scrutinize real-time data from several sensors that monitor animal behavior, weight, and environmental circumstances. For example, Precision Livestock Technologies Inc., a firm based in the US that develops software and hardware solutions for livestock feeding and health, rolled out an AI-based system in January 2024. This system is designed to predict cattle feed intake and provide feeding recommendations. It draws upon data from PLT's Bunk Management System and other external sources to refine feeding strategies, offering daily quantitative feeding prognosis aimed at enhancing feeding methods. It takes into account feeding rates, feeding times, cattle behavior, ration type, and weather conditions to churn out daily quantitative feeding estimates, which are targeted at improving feeding practices.
Which Segments in the Artificial Intelligence (AI) In Precision Livestock Farming Market Offer the Most Profit Potential?
The artificial intelligence (AI) in precision livestock farming market covered in this report is segmented -
1) By Type: Machine Learning, Computer Vision, Natural Language Processing (NLP)
2) By Livestock Type: Dairy Cattle, Poultry, Swine, Cattle, Aquaculture
3) By Technology Providers: Startups And Small Companies, Agricultural Equipment Manufacturers, Established Technology Companies, Research Institutions And Universities
4) By Application: Automated Animal Health Monitoring, Precision Feeding, Environmental Monitoring, Disease Detection And Prevention, Reproduction Management, Behavioral Analysis And Animal Welfare, Data Analytics
Subsegments:
1) By Machine Learning: Predictive Analytics, Pattern Recognition, Decision Support Systems
2) By Computer Vision: Image Recognition, Animal Behavior Monitoring, Visual Health Monitoring
3) By Natural Language Processing (NLP): Voice Command Recognition, Animal Communication Interpretation, Textual Data Analysis
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Which Firms Dominate the Artificial Intelligence (AI) In Precision Livestock Farming Market by Market Share and Revenue in 2025?
Major companies operating in the artificial intelligence (AI) in precision livestock farming market report are Microsoft Corporation; Cargill Incorporated; Amazon Web Services Inc.; Intel Corporation; International Business Machines Corporation; NVIDIA Corporation; Tetra Laval International SA; Zoetis Inc.; GEA Group AG; Big Dutchman International GmbH; Rex Animal Health Inc.; Neogen Corporation; DeLaval International AB; Nedap N.V.; Climate Corporation; Lely International Holding B.V.; Cainthus Holdings Ltd (Ever.Ag); Trioliet B.V.; Waikato Milking System; Afimilk Ltd; Hokofarm Group B.V.; AgriWebb; SwineTech Inc; BinSentry Inc; Fancom B.V.; Connecterra B.V.; SomaDetect Inc.
Which Regions Offer the Highest Growth Potential in the Artificial Intelligence (AI) In Precision Livestock Farming Market?
North America was the largest region in the artificial intelligence (AI) in the precision livestock farming market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in precision livestock farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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