Global Livestock Monitoring Market

Livestock Monitoring Market Size, Share, Growth Analysis, By Offering (Hardware, Software), By Livestock Type (Cattle, Poultry), By Sector, By Application, By Region - Industry Forecast 2025-2032

Report ID: SQMIG35G2298 | Region: Global | Published Date: November, 2024
Pages: 157 | Tables: 89 | Figures: 71

Livestock Monitoring Market News

  • In August 2024, Zoetis launched a new platform to monitor livestock health called Zoetis Insights which will offer mechanisms for disease control and prediction. In order to enhance animal wellness and maximize herd management, this invention is aimed at equipping farmers with immediate information as well as pertinent knowledge.
  • In July 2024, Allflex rolled out an advanced wearablin tag tech for measure precision farmin of animal. This new-fangled gadget allows farmers to notice health concerns before they cause any damage since it is capable of monitoring the valuable signs but also levels of activity that happen in real time hence enhancing total productivity of herds thus improving livestock husbandry.
  • In September 2024, in the recent past, DeLaval revealed an innovative digital platform known as DeLaval InControl that automates milking operations as well as monitoring of the health of dairy cows with the use of artificial intelligence (AI) and Internet-of-Things (IoT) sensors. This new approach aims at enhancing the productivity and quality of milk by making available to dairy farmers vast amounts of information which can be used in personalizing their enterprises thereby reducing labor costs.
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Global Livestock Monitoring Market size was valued at around USD 1.60 billion in 2022 and is expected to rise from USD 1.78 billion in 2023 to reach a value of USD 4.09 billion by 2031, at a CAGR of 11% over the forecast period (2024–2031).

The global livestock monitoring market is characterized by an array of players and substantial innovation in the competitive landscape. Leading global companies in animal health, tracking and management such as DeLaval, Allflex and Zoetis are at the forefront of the industry with their high-tech solutions. Such firms emphasize application of IoT, AI and data analytics to enhance livestock husbandry and production, driving growth and competitiveness within this industry. 'Afimilk Ltd. (Israel) ', 'DeLaval (Sweden) ', 'BouMatic (USA) ', 'Zoetis (USA) ', 'Lely (Netherlands) ', 'Moocall (Ireland) ', 'GEA Group Aktiengesellschaft (Germany) ', 'Fullwood Packo (UK) ', 'Dairymaster (Ireland) ', 'Fancom BV (Netherlands) ', 'Nysbys (Sweden) ', 'PsiBorg Technologies Pvt. Ltd. (India) ', 'Boehringer Ingelheim (Germany) ', 'Allflex Livestock Intelligence (USA) ', 'Nedap N.V. (Netherlands) ', 'Gallagher Group Limited (New Zealand) ', 'SCR Dairy (Israel) ', 'HerdInsights (Ireland) ', 'SenseHub (Switzerland)'

The progress in sensor technology has made it possible for farmers to identify animal diseases early on and respond appropriately. Monitoring livestock costs can be decreased by implementing advanced sensing systems. Real-time information is provided via sensors and smart tags connected to animals, which assist farmers in taking preventative and remedial measures.

Rising Adoption of IoT and AI Technologies: The global livestock monitoring market is changing as a result of the convergence of AI and IoT technologies. For IoT devices, real-time animal health and environmental factors monitoring is possible, while for AI-driven analytics, actionable insights for better herd management can be derived. The wide adoption of these technologies in the industry is due to increased production, reduced labor costs and better animal healthcare.

In the global livestock monitoring market, Europe stands out as the leader owing to its intricate network of agricultural technology, stringent regulations regarding animal welfare and huge investments in precision farming. With regard to efficiency and sustainability in farming, Europe has always been at the forefront of implementing modern systems for monitoring livestock. Through financing for R&D, this sector has become more robust with an increased use of precision farming methods that enable farmers to adopt digital technologies. This makes European agriculture a frontrunner due to its rapid uptake of advanced monitoring systems following EU rules aimed at environmental protection and food safety.

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Global Livestock Monitoring Market

Report ID: SQMIG35G2298

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