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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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Orion Market Research Global Livestock Management Market, Size, Share, Analysis Report & Forecast to 2025 To Request a Sample of our Report on Global Livestock Management Market: https://www.omrglobal.com/request-sample/livestock-management-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global livestock management market livestock management market is projected to grow at a CAGR of over 10% during the forecast period. The primary factors that drive the growth of the global livestock management industry include the increased adoption of these systems owing to the availability of technologically enhanced and advanced products, designed and manufactured by the key players. Integration of IoT and AI has encouraged the increased adoption of these devices for management, monitoring & tracking and has created ample opportunities for the global livestock management market growth in the near future. With the digitization, tracking every move has become easy to collect data points for monitoring the behavior of livestock. Also, it is estimated by Cisco that there will be more than 25 billion IoT devices for the management and monitoring of livestock by the end of 2020. These internet-connected devices aid in increasing the productivity and monitoring of livestock health. For instance, the IoT devices aids in the monitoring of cows, by tracking the cattle movement, fertility, behavior, and lactation. (Get 15% Discount on Buying this Report) A full Report of Global Livestock Management Market is Available at: https://www.omrglobal.com/industry-reports/livestock-management-market Further, the government's supports regarding the adoption of technologically integrated systems is also encouraging the growth of the global livestock management market. For instance, the Kentucky Department of Agriculture (KDA) and Kentucky Office of the State Veterinarian mandated the use of RDIF tags for cattle and other animals for the proper tracking and monitoring of the animals. Besides, the US Department of Agriculture (USDA) announced to mandate RFID tags by 2023 for beef and dairy cattle and bison moving interstate. Thus, the increased number of this government legislation will boost the adoption among the farmers for livestock management. Smart systems enable to collect complete livestock data including weight variations, location, treatment codes, and estimated birth time along with complete health records and production processes. The increasing use of livestock management in smart farming applications is also one of the key trends that are gaining traction in the global livestock management industry during the forecast period. Further, BouMatic LLC, Dairymaster Ltd., DeLaval, Fancom BV, FBS Systems Inc., Fullwood Packo Ltd., Gallagher Group Ltd., GEA Group AG, HID Global Corp., Hokofarm-Group BV, and Lely International NV, among others are the key players operating in the market and are contributing significantly to expand the global livestock management market size. Current Market Trends Covered in the Market Report: •Rising advancement in the sector is positively affecting the livestock management market growth during the forecast period •Shifting of consumer preferences toward the use of IoT integrated systems is expected to provide a growth rate to the livestock management market •Poultry segment will have a significant growth in the market •Asia-Pacific region to have a major share in the global livestock management market To Request a Sample of our Report on Global Livestock Management Market: https://www.omrglobal.com/request-sample/livestock-management-market
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 Regional Analysis North America •United States •Canada Europe •UK •Germany •Spain •France •Italy •Rest of Europe Asia-Pacific •India •China •Japan •Rest of APAC Rest of The World • • Latin America Middle East and Africa Company Profiles
•BouMatic LLC •Cainthus Ireland Ltd. •Dairymaster •DeLaval Inc. •Fancom BV •FBS Systems Inc. •Fullwood Ltd. •Gallagher Group Ltd. •GAO RFID Inc. •GEA Group AG •HID Global Corp. •Hokofarm-Group BV •IceRobotics Ltd. •Lely International NV •Merck & Co., Inc. •Nedap N.V •Quantified AG •Sol-Chip Ltd. •Sum-It Computer Systems, Ltd. •Valley Agriculture Software Reasons for Buying from us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/livestock-management-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404