According to Fortune Business Insights “Livestock Monitoring and Identification Market Report 2032″, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Livestock Monitoring and Identification Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Livestock Monitoring and Identification Market is based on company profiles and their efforts on increasing product value and production.The global Livestock Monitoring and Identification Market size is expected to grow from USD 1,545.0 million in 2019 to USD 3,690.4 million by 2027, at a Compound Annual Growth Rate (CAGR) of 11.6% during the forecast period.
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Top most manufacturers/ Key player by Business Leaders Leading Players of Livestock Monitoring and Identification Market:
- HerdX, Inc. (Boerne, Texas)
- Afimilk Agricultural Cooperative Ltd. (Afikim, Israel)
- infsoft GmbH (Ingolstadt, Germany)
- Zee Tags Ltd. (Datamars) (Auckland, New Zealand)
- Quantified AG (Nebraska, United States)
- Allflex (SCR Engineers Ltd.) (Texas, United States)
- BouMatic (Madison, Wisconsin)
- Connecterra B.V. (Amsterdam, The Netherlands)
- ID Tech Solutions Private Limited (Haryana, India)
- Shearwell Australia (East Bendigo, Australia)
- Y-Tex Corporation (Wyoming, United States)
- Dairymaster (County Kerry, Ireland)
- GEA Group (Düsseldorf, Germany)
- DeLaval Inc. (County Kerry, Ireland)
- CowManager B.V. (Harmelen, Netherlands)
- Valley Agricultural Software, Inc. (California, United States)
- Cainthus (Dublin, Ireland)
- Lely International N.V. (Maassluis, the Netherlands)
Driving Factor:
Rising Cases of Animal Diseases to Spur Demand for Livestock Monitoring and Identification Solutions
The rising population has led to a heavy demand for meat and livestock. The cattle industry’s ongoing expansion will subsequently create lucrative opportunities for livestock monitoring in the forthcoming years. However, the threats from pathogens, coupled with the ever-changing environment, have resulted in disease outbreaks in the livestock industry. The increasing number of heat stress, floods, and drought events will further result in the spread of new diseases, emerging as macro-parasites and vector-borne diseases. For instance, in June 2019, farmers and livestock keepers across Asia witnessed the spread of African Swine Fever (ASF) that forced them to slaughter millions of pigs. Besides, the rising environmental concerns in various countries will constrict the livestock monitoring and identification market growth in the foreseeable future.
Report Highlights:
- A comprehensive overview of the Livestock Monitoring and Identification Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Livestock Monitoring and Identification Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
Livestock Monitoring and Identification Market Segments:
By Component
- Hardware
- RFID Tags
- Injectable Tags
- Software
- Services
By End-use
- Dairy Farm
- Beef Farm
- Sheep Farm
- Deer Farm
- Goat and Pig Farm
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Regional Analysis for Livestock Monitoring and Identification Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
FAQ’s
Q.1. What are the primary drivers of the Livestock Monitoring and Identification Market?
Q.2. What are the main factors propelling and impeding the growth of the Livestock Monitoring and Identification Market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Livestock Monitoring and Identification Market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Livestock Monitoring and Identification Market now and in the future?
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Table of Contents
- Introduction
- Executive Summary
- Market Dynamics
- Key Insights
- Global Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- North America Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- Europe Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- Asia Pacific Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- Middle East and Africa Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- Latin America Livestock Monitoring and Identification Market Analysis, Insights, and Forecast (2024-2032)
- Competitive Landscape
- Company Profile
- Conclusion
TOC Continued…
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