The global livestock management market is projected to grow at a CAGR of over 10% during the forecast period. Livestock Management Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms to have constant observation of latest market trends which keep on changing. Constants shifts in the trends and key advancements are observed in the market through this Livestock Management Market report and inform key firms about them. By knowing this, business owners can take effective actions before actually developing any product or service. It also aims at offering thorough knowledge regarding competitors to assist them in taking strategic decision making.
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Amongst the type of global livestock management market, the hardware is expected to hold a significant share in the market. The market growth is accredited to the technological advancements in the hardware sector, such as the introduction of RFID devices, GPS sensors, smart cameras, and sensors that are encouraging the market growth during the forecast period. These enhanced devices aid the farmers in seamlessly manage and monitor livestock, through the alert systems fed inside the devices. Also, the government supports to adopt RFID devices under various livestock management programs. For instance, the National Animal Identification System, a US-based government program focused on the encouragement of the use of RFID tags that aids in the managing of animal health by identifying and tracking specific animals.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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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