Product Code: GVR-4-68039-257-3
Livestock Monitoring Market Growth & Trends:
The global livestock monitoring market is estimated to reach USD 8.53 billion by 2030 and is anticipated to expand at a CAGR of 11.8% during the forecast period, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increased focus on livestock monitoring, along with disease detection. Furthermore, the prevalence of zoonotic diseases among livestock, rising adoption of IoT and AI by dairy farmers, increasing number of dairy farms, and significant cost-saving due to livestock monitoring management are some of the major drivers of the market.
Extensive animal-derived food production and increased investments in R&D and animal health management in developed economies have led to higher productivity. Encouragement from government animal welfare organizations is also boosting the market growth. Further, government funding and reforms are expected to propel market growth shortly. In addition, increasing awareness regarding animal nutrition, genetic breeding, milk harvesting, and animal health is expected to promote the adoption of livestock monitoring systems.
There is an increased demand for animal products, and thus several countries are focusing on livestock rearing. This has led to an increase in the livestock population. In addition, the prevalence of zoonotic diseases is further fueling the growth of the market. This is because these disease outbreaks in the livestock can be major socioeconomic threats, resulting in production loss and disruption of local markets, rural economy, and international trade.
Industry players are involved in strategies including mergers & acquisitions, collaborative agreements, and geographic expansion to gain an edge over the competition. For instance, in January 2023, Astrocast partnered with Digitanimal for the development of a livestock monitoring solution known as Satellite IoT (SatIoT). The two companies are collaborating jointly to commercialize a tracking device that links to the worldwide satellite network of Astrocast. In February 2021, MSD Animal Health announced the acquisition of PrognostiX Poultry Limited, a provider of health and environmental monitoring solutions for the poultry business, which expanded its product portfolio.
Livestock Monitoring Market Report Highlights:
- The bovine segment held the largest revenue share of 51.6% in 2024, attributed to increasing demand for beef and dairy products, rising herd health awareness, and the need for disease prevention.
- The poultry segment is expected to grow at a CAGR of 11.4% over the forecast period, owing to a rising meat and egg demand, adoption of IoT and sensors for real-time health and environmental monitoring, and consumer preference for traceable, ethical products.
- The hardware segment dominated the market with the largest revenue share of 42.6% in 2024, driven by rising demand for real-time livestock tracking, health monitoring, and productivity optimization using sensors, GPS, RFID, cameras, and automated devices.
- The software segment is expected to grow at a CAGR of 12.0% over the forecast period, as the software has promoted interoperability between different data management systems and ultimately added value for customers.
- The milking management accounted for the largest revenue share in 2024, due to increasing demand for dairy products, adoption of automated milking systems, and the need for enhanced milk yield, quality control, and labor efficiency in dairy farming operations
- The behavioral monitoring segment is expected to grow at the fastest CAGR of 13.0% over the forecast period, owing to rising awareness of animal welfare, demand for early disease detection, and the need to optimize livestock productivity by tracking movement, eating patterns.
- The dairy segment held the largest revenue share of 51.5% in 2024. The meat segment is anticipated to grow significantly over the forecast period.
- North America dominated the global livestock monitoring market with the largest revenue share in 2024, primarily driven by the region's large-scale livestock operations, particularly in cattle and dairy farming, drive the demand for efficient management solutions.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Animal
- 1.2.2. Solution
- 1.2.3. Application
- 1.2.4. Sector
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Primary Research
- 1.5. Information or Data Analysis
- 1.5.1. Data Analysis Models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.8. List of Secondary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Animal Outlook
- 2.2.2. Solution Outlook
- 2.2.3. Application Outlook
- 2.2.4. Regional Outlook
- 2.3. Competitive Insights
Chapter 3. Global Livestock Monitoring Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.3. Global Livestock Monitoring Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's Five Forces Analysis
- 3.3.1.1. Supplier Power
- 3.3.1.2. Buyer Power
- 3.3.1.3. Substitution Threat
- 3.3.1.4. Threat of New Entrants
- 3.3.1.5. Competitive Rivalry
- 3.3.2. PESTLE Analysis
- 3.3.2.1. Political Landscape
- 3.3.2.2. Technological Landscape
- 3.3.2.3. Economic Landscape
Chapter 4. Global Livestock Monitoring Market: Animal Business Analysis
- 4.1. Animal Segment Dashboard
- 4.2. Livestock Monitoring Market: Animal Movement Analysis
- 4.3. Global Livestock Monitoring Market Size & Trend Analysis, By Animal, 2018 to 2030 (USD Million)
- 4.4. Bovine
- 4.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 4.5. Poultry
- 4.5.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 4.6. Swine
- 4.6.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 4.7. Other Animals
- 4.7.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
Chapter 5. Global Livestock Monitoring Market: Solution Business Analysis
- 5.1. Solution Segment Dashboard
- 5.2. Livestock Monitoring Market: Solution Movement Analysis
- 5.3. Global Livestock Monitoring Market Size & Trend Analysis, By Solution, 2018 to 2030 (USD Million)
- 5.4. Hardware
- 5.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.4.2. Sensors
- 5.4.2.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.4.3. GPS/RFID
- 5.4.3.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.4.4. Other Hardware
- 5.4.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.5. Software
- 5.5.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.5.2. On-Premise
- 5.5.2.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.5.3. Cloud
- 5.5.3.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 5.6. Services
- 5.6.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
Chapter 6. Global Livestock Monitoring Market: Application Business Analysis
- 6.1. Application Segment Dashboard
- 6.2. Livestock Monitoring Market: Application Movement Analysis
- 6.3. Global Livestock Monitoring Market Size & Trend Analysis, By Application, 2018 to 2030 (USD Million)
- 6.4. Milking Management
- 6.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 6.5. Breeding Management
- 6.5.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 6.6. Feeding Management
- 6.6.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 6.7. Health Monitoring
- 6.7.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 6.8. Behavioral Monitoring
- 6.8.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 6.9. Other Applications
- 6.9.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
Chapter 7. Global Livestock Monitoring Market: Sector Business Analysis
- 7.1. Sector Segment Dashboard
- 7.2. Livestock Monitoring Market: Sector Movement Analysis
- 7.3. Global Livestock Monitoring Market Size & Trend Analysis, By Sector, 2018 to 2030 (USD Million)
- 7.4. Dairy
- 7.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 7.5. Meat
- 7.5.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 7.6. Other Sectors
- 7.6.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
Chapter 8. Global Livestock Monitoring Market: Regional Estimates & Trend Analysis
- 8.1. Regional Market Dashboard
- 8.2. Regional Market Share Analysis, 2024 & 2030
- 8.3. Global Livestock Monitoring Market by Regional: Key Takeaways
- 8.4. North America
- 8.4.1. U.S.
- 8.4.1.1. Key Country Dynamics
- 8.4.1.2. Regulatory Framework/ Reimbursement Structure
- 8.4.1.3. Competitive Scenario
- 8.4.1.4. U.S. Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.4.2. Canada
- 8.4.2.1. Key Country Dynamics
- 8.4.2.2. Regulatory Framework/ Reimbursement Structure
- 8.4.2.3. Competitive Scenario
- 8.4.2.4. Canada Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.4.3. Mexico
- 8.4.3.1. Key Country Dynamics
- 8.4.3.2. Regulatory Framework/ Reimbursement Structure
- 8.4.3.3. Competitive Scenario
- 8.4.3.4. Mexico Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5. Europe
- 8.5.1. Germany
- 8.5.1.1. Key Country Dynamics
- 8.5.1.2. Regulatory Framework/ Reimbursement Structure
- 8.5.1.3. Competitive Scenario
- 8.5.1.4. Germany Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.2. UK
- 8.5.2.1. Key Country Dynamics
- 8.5.2.2. Regulatory Framework/ Reimbursement Structure
- 8.5.2.3. Competitive Scenario
- 8.5.2.4. UK Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.3. France
- 8.5.3.1. Key Country Dynamics
- 8.5.3.2. Regulatory Framework/ Reimbursement Structure
- 8.5.3.3. Competitive Scenario
- 8.5.3.4. France Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.4. Italy
- 8.5.4.1. Key Country Dynamics
- 8.5.4.2. Regulatory Framework/ Reimbursement Structure
- 8.5.4.3. Competitive Scenario
- 8.5.4.4. Italy Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.5. Spain
- 8.5.5.1. Key Country Dynamics
- 8.5.5.2. Regulatory Framework/ Reimbursement Structure
- 8.5.5.3. Competitive Scenario
- 8.5.5.4. Spain Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.6. Denmark
- 8.5.6.1. Key Country Dynamics
- 8.5.6.2. Regulatory Framework/ Reimbursement Structure
- 8.5.6.3. Competitive Scenario
- 8.5.6.4. Denmark Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.7. Sweden
- 8.5.7.1. Key Country Dynamics
- 8.5.7.2. Regulatory Framework/ Reimbursement Structure
- 8.5.7.3. Competitive Scenario
- 8.5.7.4. Sweden Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.5.8. Norway
- 8.5.8.1. Key Country Dynamics
- 8.5.8.2. Regulatory Framework/ Reimbursement Structure
- 8.5.8.3. Competitive Scenario
- 8.5.8.4. Norway Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6. Asia Pacific
- 8.6.1. Japan
- 8.6.1.1. Key Country Dynamics
- 8.6.1.2. Regulatory Framework/ Reimbursement Structure
- 8.6.1.3. Competitive Scenario
- 8.6.1.4. Japan Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6.2. China
- 8.6.2.1. Key Country Dynamics
- 8.6.2.2. Regulatory Framework/ Reimbursement Structure
- 8.6.2.3. Competitive Scenario
- 8.6.2.4. China Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6.3. India
- 8.6.3.1. Key Country Dynamics
- 8.6.3.2. Regulatory Framework/ Reimbursement Structure
- 8.6.3.3. Competitive Scenario
- 8.6.3.4. India Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6.4. Australia
- 8.6.4.1. Key Country Dynamics
- 8.6.4.2. Regulatory Framework/ Reimbursement Structure
- 8.6.4.3. Competitive Scenario
- 8.6.4.4. Australia Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6.5. Thailand
- 8.6.5.1. Key Country Dynamics
- 8.6.5.2. Regulatory Framework/ Reimbursement Structure
- 8.6.5.3. Competitive Scenario
- 8.6.5.4. Thailand Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.6.6. South Korea
- 8.6.6.1. Key Country Dynamics
- 8.6.6.2. Regulatory Framework/ Reimbursement Structure
- 8.6.6.3. Competitive Scenario
- 8.6.6.4. South Korea Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.7. Latin America
- 8.7.1. Brazil
- 8.7.1.1. Key Country Dynamics
- 8.7.1.2. Regulatory Framework/ Reimbursement Structure
- 8.7.1.3. Competitive Scenario
- 8.7.1.4. Brazil Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.7.2. Argentina
- 8.7.2.1. Key Country Dynamics
- 8.7.2.2. Regulatory Framework/ Reimbursement Structure
- 8.7.2.3. Competitive Scenario
- 8.7.2.4. Argentina Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.8. Middle East & Africa
- 8.8.1. South Africa
- 8.8.1.1. Key Country Dynamics
- 8.8.1.2. Regulatory Framework/ Reimbursement Structure
- 8.8.1.3. Competitive Scenario
- 8.8.1.4. South Africa Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.8.2. Saudi Arabia
- 8.8.2.1. Key Country Dynamics
- 8.8.2.2. Regulatory Framework/ Reimbursement Structure
- 8.8.2.3. Competitive Scenario
- 8.8.2.4. South Arabia Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.8.3. UAE
- 8.8.3.1. Key Country Dynamics
- 8.8.3.2. Regulatory Framework/ Reimbursement Structure
- 8.8.3.3. Competitive Scenario
- 8.8.3.4. UAE Market Estimates and Forecasts 2018 to 2030 (USD Million)
- 8.8.4. Kuwait
- 8.8.4.1. Key Country Dynamics
- 8.8.4.2. Regulatory Framework/ Reimbursement Structure
- 8.8.4.3. Competitive Scenario
- 8.8.4.4. Kuwait Market Estimates and Forecasts 2018 to 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company/Competition Categorization
- 9.3. Vendor Landscape
- 9.3.1. Key Company Heat Map Analysis, 2024
- 9.4. Company Profiles
- 9.4.1. Afimilk Ltd.
- 9.4.1.1. Company Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. DeLaval
- 9.4.2.1. Company Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. BouMatic
- 9.4.3.1. Company Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Merck & Co., Inc. (Allflex)
- 9.4.4.1. Company Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Zoetis
- 9.4.5.1. Company Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Lely
- 9.4.6.1. Company Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Moocall
- 9.4.7.1. Company Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. GEA Group Aktiengesellschaft
- 9.4.8.1. Company Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Fullwood Packo
- 9.4.9.1. Company Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Dairymaster
- 9.4.10.1. Company Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. Fancom BV
- 9.4.11.1. Company Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Product Benchmarking
- 9.4.11.4. Strategic Initiatives
- 9.4.12. Nysbys
- 9.4.12.1. Company Overview
- 9.4.12.2. Financial Performance
- 9.4.12.3. Product Benchmarking
- 9.4.12.4. Strategic Initiatives
- 9.4.13. PsiBorg Technologies Pvt. Ltd
- 9.4.13.1. Company Overview
- 9.4.13.2. Financial Performance
- 9.4.13.3. Product Benchmarking
- 9.4.13.4. Strategic Initiatives
- 9.4.14. Boehringer Ingelheim
- 9.4.14.1. Company Overview
- 9.4.14.2. Financial Performance
- 9.4.14.3. Product Benchmarking
- 9.4.14.4. Strategic Initiatives