Precision Livestock Management Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2033 at a CAGR of 12.5% from 2026 to 2033.
In 2022, the global Precision Livestock Management market was valued at approximately USD 3.5 billion and is projected to reach USD 8.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.6% during the forecast period. North America dominated the market with around 34% share in 2023, attributed to advanced technological adoption and a strong agricultural base. Europe followed, driven by increasing regulatory support for livestock management and a focus on sustainable farming practices. The Asia Pacific region is expected to witness the highest growth rate, fueled by the increasing demand for animal protein, rising disposable incomes, and growing awareness about advanced livestock management technologies. The markets growth is driven by the rising need for efficient animal farming systems to meet the growing demand for animal protein, integration of Internet of Things (IoT) and Artificial Intelligence (AI) in livestock management systems, and growing awareness about animal welfare and stringent regulations regarding livestock farming practices.
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Quantified AG
Allflex
Ceres Tag
Ardes
Luoyang Laipson Information Technology
Kupsan
Stockbrands
CowManager BV
HerdDogg
MOOvement
Moocall
Datamars SA
Drovers
Caisley International GmbH
Dalton Tags
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Precision Livestock Management Market
Wearable Technologies
Software Solutions
Automated Feeding Systems
Precision Nutrition Tools
Remote Monitoring Systems
Cattle
Pigs
Poultry
Sheep
Goats
Health Monitoring
Breeding Management
Nutrition Management
Production Monitoring
Data Analysis and Reporting
Cloud-based Solutions
On-premises Solutions
Hybrid Solutions
Small-scale Farms
Medium-scale Farms
Large-scale Farms
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Precision Livestock Management Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Precision Livestock Management Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Precision Livestock Management Market, By Type
6. Global Precision Livestock Management Market, By Application
7. Global Precision Livestock Management Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Precision Livestock Management Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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