Livestock Management Market
Global Livestock Management Market Size, Share & Trends Analysis Report By Component (Hardware and Software & Services), By Animal Type (Cattle, Poultry, Swine, Equine, and Others), and by Application (Milk Harvesting, Feeding Management, Breeding, Animal Health Monitoring & Comfort, and Others) Forecast 2019-2025
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.
In addition, consolidation of livestock farms, increasing herd size of dairy farms, increasing adoption of livestock farming robots &livestock monitoring devices, and increasing labor cost owing to shortage of skilled labor further give a boost to the growth of the market. Additionally, increasing herd size of dairy farms due to which there is an increase in labor costs, and lack of skilled labor is encouraging the farmers and shepherds to adopt such advanced technologies.
Besides, factors such as lack of awareness as well as skilled personals are likely to hinder the growth of the market. However, the integration of advanced technologies with livestock management and monitoring devices and software is likely to create ample opportunities for market growth during the forecast period. For instance, integration of IoT and AI in the livestock management and monitoring systems and software by the key players are creating scope for the market growth.
Segmental Outlook
The global livestock management market is segmented on the basis of component, animal type, and applications. Based on the type, the market is segmented into hardware and software &service. Based on the animal type, the market is segmented into cattle, poultry, swine, equine, and others such as sheep & goat. Whereas, on the basis of application, the market is segmented into milk harvesting, feeding management, breeding, animal health monitoring & comfort, and others.
Global Livestock Management Market by Component, 2018 (%)
Hardware Segment to Hold Significant Market Share During Market Growth
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.
Regional Outlook
The global livestock management market is geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is expected to hold a considerable share in the global market during the forecast period. This is attributed to the increasing trends in livestock farming. Along with this, the availability of technologically advanced management and monitoring systems is likely to encourage the adoption of livestock management systems, especially in India and China. In addition, the continuous demand for the huge cattle and poultry sector in these countries coupled with their management, tracking and monitoring are driving the growth of the market during the forecast period. Further, North American and European are likely to exhibit considerable growth in the market during the forecast period.
Global Livestock Management Market, by Region 2018 (%)
Market Players Outlook
Some of the prominent players operating in the global livestock management market include BouMatic LLC, Dairymaster Ltd., DeLaval Inc., Merck & Co.Inc., Fancom BV, FBS Systems Inc., Fullwood Ltd., Gallagher Group Ltd., GEA Group AG, HID Global Corp., Hokofarm-Group BV, and Lely International NV, among others. These key companies are adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global livestock management market growth during the forecast period.
For instance, in April 2019, Merck announced the completion of its acquisition of Antelliq Corp. from funds advised by BC Partners. This acquisition positioned the company as one of the global leaders in animal health digital tracking, traceability and monitoring technology and enhanced the existing portfolio of vaccines and pharmaceuticals. Antelliq will be an operating unit within Merck Animal Health.
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.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Livestock Management Market by Component
5.1.1. Hardware
5.1.2. Software& Services
5.2. Global Livestock Management Market by Animal Type
5.2.1. Cattle
5.2.2. Poultry
5.2.3. Swine
5.2.4. Equine
5.2.5. Others
5.3. Global Livestock Management Market by Application
5.3.1. Milk Harvesting
5.3.2. Feeding Management
5.3.3. Breeding Management
5.3.4. Animal Health Monitoring & Comfort
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. BouMatic LLC
7.2. Cainthus Ireland Ltd.
7.3. Dairymaster
7.4. DeLaval Inc.
7.5. Fancom BV
7.6. FBS Systems Inc.
7.7. Fullwood Ltd.
7.8. Gallagher Group Ltd.
7.9. GAO RFID Inc.
7.10. GEA Group AG
7.11. HID Global Corp.
7.12. Hokofarm-Group BV
7.13. IceRobotics Ltd.
7.14. Lely International NV
7.15. Merck & Co., Inc.
7.16. Nedap N.V
7.17. Quantified AG
7.18. Sol-Chip Ltd.
7.19. Sum-It Computer Systems, Ltd.
7.20. Valley Agriculture Software
1. GLOBAL LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2018-2025 ($ MILLION)
2. GLOBAL LIVESTOCK MANAGEMENT HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL LIVESTOCK MANAGEMENT SOFTWARE & SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2018-2025 ($ MILLION)
5. GLOBAL CATTLE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL POULTRY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL SWINE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL EQUINE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL OTHER LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
11. GLOBAL LIVESTOCK MANAGEMENT FOR MILK HARVESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL LIVESTOCK MANAGEMENT FOR FEEDING MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL LIVESTOCK MANAGEMENT FOR BREEDING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL LIVESTOCK MANAGEMENT FOR ANIMAL HEALTH MONITORING & COMFORT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL LIVESTOCK MANAGEMENT FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
17. NORTH AMERICAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
18. NORTH AMERICAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2018-2025 ($ MILLION)
19. NORTH AMERICAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2018-2025 ($ MILLION)
20. NORTH AMERICAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
21. EUROPEAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
22. EUROPEAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2018-2025 ($ MILLION)
23. EUROPEAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2018-2025 ($ MILLION)
24. EUROPEAN LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
29. REST OF THE WORLD LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2018-2025 ($ MILLION)
30. REST OF THE WORLD LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2018-2025 ($ MILLION)
31. REST OF THE WORLD LIVESTOCK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL LIVESTOCK MANAGEMENT MARKET SHARE BY COMPONENT, 2018 VS 2025 (%)
2. GLOBAL LIVESTOCK MANAGEMENT MARKET SHARE BY ANIMAL TYPE, 2018 VS 2025 (%)
3. GLOBAL LIVESTOCK MANAGEMENT MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
4. GLOBAL LIVESTOCK MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
7. UK LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD LIVESTOCK MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
