The global livestock management market is projected to grow at a CAGR of over 10% during the forecast period. The factors that are propelling the growth of the market include the increasing population of cattle, sheep & goats, and horses, among others. Increased focus of farmers towards the adoption of livestock monitoring and the detection of various diseases in them further drives the market growth.
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In addition, consolidation of livestock farms, increasing herd size of dairy farms, increasing adoption of livestock farming robots &livestock monitoring devices, and increasing labor cost owing to shortage of skilled labor further give a boost to the growth of the market. Additionally, increasing herd size of dairy farms due to which there is an increase in labor costs, and lack of skilled labor is encouraging the farmers and shepherds to adopt such advanced technologies.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Livestock Management Market – Segment
By Type
- Hardware
- Software& Services
By Animal Type
- Cattle
- Poultry
- Swine
- Equine
- Others
By Application
- Milk Harvesting
- Feeding Management
- Breeding
- Animal Health Monitoring & Comfort
- Others
Global Livestock Management Market – Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global livestock management market. Based on the availability of data, information related to products& services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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