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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Livestock Monitoring Market: By Animal Type Component, By Application and Geography
Livestock Monitoring Market size was valued at US$ 5,982.1 million in 2023 and is poised to grow at a CAGR of 19.8% from 2024 to 2030. Livestock monitoring involves various technologies and systems used to track and manage the health, productivity, and welfare of farm animals. These solutions are crucial for optimizing livestock operations, preventing diseases, and ensuring food safety. The global livestock population has been steadily increasing, with cattle alone numbering over 1.5 billion in 2020, highlighting the importance of effective monitoring systems. The growing demand for animal products, coupled with an increasing focus on animal welfare and sustainable farming practices, drives the livestock monitoring market. Additionally, the emergence of precision livestock farming techniques has significantly boosted the adoption of monitoring technologies.
Advancements in IoT, AI, and sensor technologies contribute to market growth by improving the accuracy and efficiency of monitoring systems. Furthermore, stringent regulations regarding food safety and animal welfare in many countries are expected to increase the demand for livestock monitoring solutions. The market is also benefiting from increased investment in smart farming technologies and a growing trend towards farm automation. Challenges such as the high initial cost of advanced monitoring systems and lack of technical expertise among traditional farmers in some regions may hinder market growth. The North American region held the major market share in 2023 and is expected to dominate the global Livestock Monitoring Market in the forecasted years.
In January 2023, Allflex Livestock Intelligence, a subsidiary of Merck Animal Health, introduced SenseHub Feedlot, a new beef cattle monitoring system. This comprehensive solution uses advanced algorithms designed to:
In November 2023, HerdDogg, a US-based agtech startup, launched its new BioTag™ system, a comprehensive livestock monitoring solution designed to:
Study Period
2024-2030Base Year
2023CAGR
19.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing global population and rising demand for animal-based products are significant drivers for the livestock monitoring market. Effective monitoring plays a crucial role in improving animal health, enhancing productivity, and ensuring food safety, ultimately leading to higher demand for livestock monitoring equipment and services. For instance, according to the FAO, global meat production is projected to increase by nearly 40% by 2050. This growth emphasizes the need for efficient livestock management systems. Moreover, there has been a significant shift towards precision livestock farming, driven by advancements in IoT and AI technologies. Increased awareness about the benefits of data-driven decision-making in animal husbandry has boosted the overall demand for livestock monitoring solutions. The COVID-19 pandemic has further highlighted the importance of food security and the need for resilient agricultural practices, including advanced livestock monitoring. However, the high initial investment required for implementing comprehensive monitoring systems and the slow adoption rate among small-scale farmers in developing regions may hinder market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 5,982.1 million |
Market CAGR |
19.8% |
By Animal Type |
|
By Component |
|
By Application |
|
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Livestock Monitoring Market was valued at US$ 5,982.1 million in 2023 and is expected to grow at a CAGR of 19.8% from 2024 to 2030.
The Livestock Monitoring Market is segmented based on Animal Type, Component, Application, and Geography.
The leading players in the global Livestock Monitoring Market are GEA Group Aktiengesellschaft; Afimilk Ltd.; DeLaval; Sensaphone; Intervet Inc., a subsidiary of Merck & Co. Inc.; BouMatic; Dairymaster; Lely; Fancom BV; Fullwood Packo
Historic years considered for the market study are 2019-2022, 2023 is considered as the base year for market estimation, and Seven years forecast is presented from 2024 – 2030.
1.Executive Summary |
2.Global Livestock Monitoring Market Introduction |
2.1.Global Livestock Monitoring Market - Taxonomy |
2.2.Global Livestock Monitoring Market - Definitions |
2.2.1.Animal Type |
2.2.2.Application |
2.2.3.Component |
2.2.4.Region |
3.Global Livestock Monitoring Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Livestock Monitoring Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Livestock Monitoring Market By Animal Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Cattle |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Poultry |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Swine |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Equine |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6.Global Livestock Monitoring Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Milk Harvesting |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Breeding Management |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Feeding Management |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Animal Health Monitoring & Comfort |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Heat Stress |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Behavior Monitoring |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7.Global Livestock Monitoring Market By Component, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Hardware |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Software |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Services |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Livestock Monitoring Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Livestock Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Animal Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Cattle |
9.1.2.Poultry |
9.1.3.Swine |
9.1.4.Equine |
9.1.5.Others |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Milk Harvesting |
9.2.2.Breeding Management |
9.2.3.Feeding Management |
9.2.4.Animal Health Monitoring & Comfort |
9.2.5.Heat Stress |
9.2.6.Behavior Monitoring |
9.2.7.Others |
9.3. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Hardware |
9.3.2.Software |
9.3.3.Services |
9.3.4.Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Livestock Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Animal Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Cattle |
10.1.2.Poultry |
10.1.3.Swine |
10.1.4.Equine |
10.1.5.Others |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Milk Harvesting |
10.2.2.Breeding Management |
10.2.3.Feeding Management |
10.2.4.Animal Health Monitoring & Comfort |
10.2.5.Heat Stress |
10.2.6.Behavior Monitoring |
10.2.7.Others |
10.3. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Hardware |
10.3.2.Software |
10.3.3.Services |
10.3.4.Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Livestock Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Animal Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Cattle |
11.1.2.Poultry |
11.1.3.Swine |
11.1.4.Equine |
11.1.5.Others |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Milk Harvesting |
11.2.2.Breeding Management |
11.2.3.Feeding Management |
11.2.4.Animal Health Monitoring & Comfort |
11.2.5.Heat Stress |
11.2.6.Behavior Monitoring |
11.2.7.Others |
11.3. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Hardware |
11.3.2.Software |
11.3.3.Services |
11.3.4.Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Livestock Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Animal Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Cattle |
12.1.2.Poultry |
12.1.3.Swine |
12.1.4.Equine |
12.1.5.Others |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Milk Harvesting |
12.2.2.Breeding Management |
12.2.3.Feeding Management |
12.2.4.Animal Health Monitoring & Comfort |
12.2.5.Heat Stress |
12.2.6.Behavior Monitoring |
12.2.7.Others |
12.3. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Hardware |
12.3.2.Software |
12.3.3.Services |
12.3.4.Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Livestock Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Animal Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Cattle |
13.1.2.Poultry |
13.1.3.Swine |
13.1.4.Equine |
13.1.5.Others |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Milk Harvesting |
13.2.2.Breeding Management |
13.2.3.Feeding Management |
13.2.4.Animal Health Monitoring & Comfort |
13.2.5.Heat Stress |
13.2.6.Behavior Monitoring |
13.2.7.Others |
13.3. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Hardware |
13.3.2.Software |
13.3.3.Services |
13.3.4.Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.GEA Group Aktiengesellschaft |
14.2.2.Afimilk Ltd. |
14.2.3.DeLaval |
14.2.4.Sensaphone |
14.2.5.Intervet Inc., a subsidiary of Merck & Co. Inc. |
14.2.6.BouMatic |
14.2.7.Dairymaster |
14.2.8.Lely |
14.2.9.Fancom BV |
14.2.10.Fullwood Packo |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players