Global Precision Livestock Farming Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Offering;
Hardware, Software, and Services.By Form Type;
Dairy Farms, Swine Farms, Poultry Farms, and Others.By Application;
Milk harvesting, Feeding Management, Livestock Health & Behaviour Monitoring, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Precision Livestock Farming Market (USD Million), 2021 - 2031
In the year 2024, the Global Precision Livestock Farming Market was valued at USD 5,923.08 million. The size of this market is expected to increase to USD 11,432.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.9%.
Global precision livestock farming is predominantly driven by the rising demand for dairy products, along with the growing preference for protein-rich food. The increase in consumption of animal-based protein across the globe, coupled with the booming global population, is leading to the growth of innovative precision livestock farming technologies. Also, farmers are frequently focusing on increasing the overall quantity of the product by selecting the latest livestock improvement processes.
The growing preference for automated milk harvesting systems and the mounting use of precision feeding systems is supposed to drive the growth of the Precision Livestock Farming Market. Innovative technologies such as cloud computing and the Internet of Things are anticipated to leverage the growth and incorporate more robots and simulated data in farming. The purpose of big data in livestock monitoring is one of the principal trends being witnessed in the Precision Livestock Farming Market. Furthermore, big data inaccuracy livestock farming provides various opportunities in increasing feed efficiency and benchmarking.
However, the enormous investment and lack of technological awareness amongst farmers may limit the global Precision Livestock Farming Market. A key factor limiting the selection of precision livestock farming is the huge initial investment. Monitoring and tracking equipment, milking robots, feeding systems, IoT modules, sensors, and herd control software are high-cost technologies. Farmers have to do high investments in the establishment of these devices and systems, which can influence the return on investment. The majority of the farmers are poor, who find it challenging to invest in these technologies. Furthermore, Livestock farming is one of the commonly regulated industries in most maximum parts of the world.
Regulations control the quantity and quality of dairy products and establish the least prices and parameters for their storage and supply. Several trade barriers and government programs are preventing several emerging countries from trying to establish trade in regulated markets. Hence, stringent government regulations and trade barriers are the major challenges in market growth. Nevertheless, the increasing adoption of livestock monitoring technology in developing countries will offer lucrative opportunities for the market. Emerging countries with their huge population base, especially in India and China, are expected to emerge as potential growth avenues for livestock farming products, owing to the growing demand for better quality and quantities of milk, dairy, and poultry meat.
Global Precision Livestock Farming Market Recent Developments
-
In March 2023, DeLaval launched an autonomous feed distribution robot called OptiWagon.
-
In March 2023, Lely International introduced Mijn Boerderij (My Farm) Platform which includes a milk quality module that monitors milk quality parameters such as somatic cell count and bacterial content.
-
In March 2023, DeLaval launched the cutting-edge DeLaval Rotary E500 rotary milking system. It increases milking efficiency, streamlines worker routines, automates the selection and sorting of cows, and minimizes stress on dairy cows.
-
In October 2022, Merck Animal Health, which is known as MSD Animal Health unveiled the Allflex DataFlow II System mobile application.
-
In September 2022, GEA introduced the GEA DairyFeed F4500, an autonomous feeding robot.
-
In September 2022, Lely International recently introduced the next generation of its automated feed pushing solution, the Lely Juno.
-
In July 2022, Fancom BV partnered with VDL Agrotech (the Netherlands), a leading supplier of innovative systems and solutions for the global poultry and pig farming industries.
-
In May 2021, Nedap N.V. partnered with Waikato, a leading company to develop and manufacture dairy technology.
Segment Analysis
The global precision livestock farming market is segmented by offering, form type, application, and geography, reflecting the growing trend toward technology-driven solutions in livestock management. By offering, the market is divided into hardware, software, and services. Hardware, including sensors, tracking devices, and automated machinery, holds the largest share due to its essential role in collecting real-time data for effective farm management. Software solutions for data analysis and decision-making, along with services such as system installation and support, are also critical to the overall market, providing comprehensive solutions to optimize livestock production.
By form type, the market is categorized into dairy farms, swine farms, poultry farms, and others. Dairy farms dominate the segment as precision farming technologies are widely adopted to improve milk production efficiency, animal health, and feeding management. Swine and poultry farms are also significant contributors to the market, with increasing adoption of precision farming techniques to enhance productivity and reduce operational costs. Other forms, including sheep and goat farms, are emerging as additional growth areas.
In terms of application, the market serves milk harvesting, feeding management, livestock health and behavior monitoring, and others. Milk harvesting is a prominent application, driven by advancements in automation and the need to improve milk yield while ensuring animal welfare. Feeding management is another key area, as precision tools help optimize nutrition, reducing feed costs while enhancing productivity. Livestock health and behavior monitoring technologies, including wearable devices and monitoring systems, are gaining traction to improve animal well-being and prevent disease outbreaks. Geographically, the market spans North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, with Asia Pacific expected to experience significant growth due to the increasing adoption of precision technologies in its large-scale livestock farming industry.
Global Precision Livestock Farming Segment Analysis
In this report, the Global Precision Livestock Farming Market has been segmented by Offering, Form Type, Application, and Geography.
Global Precision Livestock Farming Market, Segmentation by Offering
The Global Precision Livestock Farming Market has been segmented by Offering into Hardware, Software, and Services.
Hardware encompasses a wide range of devices and sensors utilized for data collection and monitoring within livestock farming operations. These may include sensors for tracking animal health parameters, GPS trackers for location monitoring, and automated feeding systems. Software comprises the analytical tools, data management platforms, and decision support systems that process and interpret the data collected by hardware devices. This software enables farmers to analyze animal behavior, monitor health trends, and optimize feeding schedules to improve overall farm management practices. Additionally, services play a crucial role in supporting the implementation and maintenance of precision livestock farming systems. These services may include consulting, training, and technical support to help farmers effectively integrate and utilize hardware and software solutions on their farms. Furthermore, service providers may offer ongoing assistance in data interpretation, performance monitoring, and system optimization to ensure the continued success of precision farming initiatives. Overall, the segmentation of the Global Precision Livestock Farming Market into hardware, software, and services highlights the diverse array of tools and resources available to farmers seeking to enhance productivity, efficiency, and sustainability in their livestock operations through the adoption of precision farming technologies.
Global Precision Livestock Farming Market, Segmentation by Form Type
The Global Precision Livestock Farming Market has been segmented by Form Type into Dairy Farms, Swine Farms, Poultry Farms, and Others.
This segmentation includes dairy farms, swine farms, poultry farms, and others. Dairy farms represent a significant segment within precision livestock farming, focusing on the production of milk and dairy products. Precision farming technologies are utilized in dairy operations to monitor milk production, track the health and behavior of dairy cattle, and optimize feeding and breeding practices to maximize milk yields and quality. Swine farms constitute another important segment, encompassing operations dedicated to the breeding, raising, and management of swine for meat production.
Precision livestock farming techniques are employed in swine operations to monitor the health and growth of pigs, manage feeding regimens, and optimize environmental conditions within swine facilities to enhance productivity and animal welfare. Poultry farms constitute a distinct segment within the precision livestock farming market, specializing in the production of poultry products such as eggs and meat. Precision farming technologies are applied in poultry operations to monitor flock health, manage feeding and watering systems, and optimize production processes to ensure efficient egg and meat production. Additionally, the "Others" category encompasses a range of livestock farming operations beyond dairy, swine, and poultry, including beef cattle, sheep, goats, and other specialty livestock. These operations may utilize precision farming technologies for various purposes, such as monitoring animal health, managing grazing patterns, and optimizing breeding programs. Overall, segmentation by form type provides a structured framework for understanding the diverse applications and requirements of precision livestock farming across different types of livestock operations.
Global Precision Livestock Farming Market, Segmentation by Application
The Global Precision Livestock Farming Market has been segmented by Application into Milk harvesting, Feeding Management, Livestock Health & Behaviour Monitoring, and Others.
Automated milking systems equipped with sensors and robotics enable continuous monitoring of milk yield, quality, and udder health, leading to increased milk production and improved milk hygiene. The feeding management segment focuses on precision feeding solutions that accurately dispense feed based on individual animal requirements, nutritional needs, and feeding schedules. Automated feeding systems use data analytics and smart algorithms to optimize feed composition, minimize wastage, and ensure consistent nutrient intake, resulting in healthier animals and improved feed conversion ratios.
Livestock health and behavior monitoring is another critical application segment, leveraging sensors, wearables, and remote monitoring devices to track animal health parameters, detect early signs of illness or distress, and monitor behavioral patterns. These technologies enable proactive healthcare interventions, disease prevention, and early detection of health issues, reducing the risk of disease outbreaks and improving overall herd health. The "Others" category encompasses additional applications of precision livestock farming technologies, such as reproductive management, environmental monitoring, and animal welfare assessment. These applications utilize a range of sensors, imaging technologies, and data analytics tools to optimize breeding programs, monitor environmental conditions, and assess animal welfare indicators such as stress levels and social behavior. Overall, the segmentation of the global precision livestock farming market by application highlights the diverse ways in which precision farming technologies are revolutionizing livestock management practices, driving efficiency, sustainability, and profitability across the industry.
Global Precision Livestock Farming Market, Segmentation by Geography
In this report, the Global Precision Livestock Farming Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Precision Livestock Farming Market Share (%), by Geographical Region, 2024
The regional analysis of the global precision livestock farming market reveals notable trends and dynamics across different geographical regions. Europe emerged as the leading market for precision livestock farming in 2019, holding the largest share in terms of revenue. This dominance can be attributed to several factors, including the presence of prominent technology providers specializing in precision livestock farming solutions. Companies such as DeLaval, Fancom, Lely International, GEA Farm Technology, and Fullwood Packo are among the key players driving innovation and adoption in the European market. These companies offer a wide range of advanced technologies and services tailored to the specific needs of European livestock farmers, contributing to the region's substantial market share.
Despite Europe's leadership position, the Asia Pacific (APAC) region is poised for significant growth in the precision livestock farming market during the forecast period. The anticipated growth in APAC is driven by several factors, including the high degree of adoption of precision farming technologies in countries like Australia, New Zealand, and Japan. These countries have well-established agricultural sectors and are early adopters of advanced farming technologies, including precision livestock farming. Moreover, developing countries such as India and China are increasingly investing in the digitization of the livestock farming sector to enhance productivity, efficiency, and sustainability.
In India, for example, the government's initiatives such as the National Dairy Plan and the National Livestock Mission aim to modernize the dairy and livestock farming sector through the adoption of technology-driven solutions. Similarly, China's "Smart Agriculture" initiatives focus on leveraging digital technologies, including precision livestock farming, to address challenges related to food security and environmental sustainability.
The growing awareness of the benefits of precision livestock farming, coupled with supportive government policies and investments, is driving the adoption of advanced technologies in the APAC region. Additionally, factors such as increasing demand for high-quality animal products, rising disposable incomes, and changing consumer preferences are fueling the growth of the precision livestock farming market in APAC.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Precision Livestock Farming Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Advancements in Sensor Technologies
- Government Initiatives and Subsidies
-
Rising Labor Costs and Labor Shortages- In traditional livestock farming operations, labor-intensive tasks such as feeding, monitoring, and health management require a considerable amount of time, manpower, and resources. However, increasing labor costs, driven by factors such as rising wages, labor regulations, and demographic shifts, are putting pressure on farmers to find alternative solutions to optimize labor efficiency and reduce dependency on manual labor. Additionally, labor shortages, exacerbated by demographic changes, rural-to-urban migration, and seasonal labor fluctuations, further strain the availability of skilled workers in the agricultural workforce. These challenges not only impact the operational efficiency and productivity of livestock farms but also increase the risk of errors, inefficiencies, and animal welfare issues due to inadequate manpower.
In response to these challenges, precision livestock farming technologies offer innovative solutions to automate and streamline labor-intensive tasks, reducing reliance on manual labor while improving operational efficiency and productivity. Automated feeding systems, for example, use sensors and robotics to dispense feed accurately and efficiently, minimizing labor requirements and optimizing feed utilization. Remote monitoring devices and wearable sensors enable real-time monitoring of animal health parameters, allowing farmers to detect signs of illness or distress promptly and intervene as needed, without the need for constant manual supervision. Furthermore, data analytics platforms and management systems analyze vast amounts of data collected from sensors, providing actionable insights and decision support tools to optimize management practices and resource allocation. By leveraging these advanced technologies, farmers can mitigate the impact of rising labor costs and labor shortages, improve operational efficiency, and enhance profitability in livestock farming operations. Moreover, precision livestock farming technologies contribute to sustainability by reducing labor-related resource consumption, minimizing environmental impact, and enhancing animal welfare outcomes. Overall, rising labor costs and labor shortages are driving the adoption of precision livestock farming technologies, transforming traditional farming practices and revolutionizing the agricultural industry's approach to labor management and operational efficiency.
Restraints:
- Limited Connectivity in Rural Areas
-
Availability of plant-based alternative products for dairy milk- The growing concerns about animal welfare and environmental sustainability associated with dairy milk production are prompting consumers to seek alternatives, which could potentially hinder the growth of the precision livestock farming market. Plant-based milk alternatives are gaining popularity among consumers, driven by factors such as ethical considerations, health concerns, and environmental awareness. This shift in consumer preferences is evident in the rising demand for plant-based milk products, which are experiencing significant growth rates compared to traditional dairy milk. Soymilk, introduced in the late 20th century, marked the beginning of the plant-based milk trend, which gained traction in the early 21st century and has since continued to evolve and expand. Plant-based milk alternatives, derived from sources such as nuts, grains, and legumes, now account for a notable portion of the total milk market, representing a significant share of retail milk sales in various markets. Among plant-based milk substitutes, almond milk stands out as one of the most popular choices among consumers, contributing to the increasing market penetration of milk alternatives. This trend reflects a broader shift towards plant-based diets and sustainable food choices, driven by concerns over animal welfare, environmental impact, and personal health.
As consumers increasingly opt for plant-based milk alternatives, the dairy industry may face challenges in maintaining its market share and growth trajectory, potentially impacting the demand for precision livestock farming technologies. However, it is essential to note that the dairy industry continues to innovate and adapt to changing consumer preferences, with some dairy producers also exploring sustainable and ethical farming practices to address concerns related to animal welfare and environmental sustainability. Nonetheless, the growing popularity of plant-based milk alternatives presents both challenges and opportunities for the dairy industry and the broader agricultural sector, underscoring the need for continued innovation and adaptation to meet evolving consumer demands and market dynamics.
Opportunities:
- Integration with Smart Farming Practices
- Data-driven Decision Making
-
Growing popularity of poultry robots and BSC smart cameras- A breakthrough in the precision livestock farming market is the emergence of poultry robots, which are used for several purposes such as monitoring, manure removal, egg collection, etc. Poultry robots have successfully received the attention of poultry farm owners and commercial poultry farms to facilitate poultry production with more precision. These robots can monitor flocks, detect dead birds, stress, and any other anomaly among poultry birds, and provide real-time information to farm operators.
This could lead to better monitoring of birds, thereby improving farm hygiene, and bird comfort. Body condition scoring (BSC), which is done to estimate fat in cattle, is done manually in dairy farms across the world. This process is labor-intensive and requires much time to evaluate the right amount of fat among cattle. Smart cameras can be used for the same; however, the penetration of these cameras is low. Nevertheless, these cameras are likely to be adopted at large in the coming years, which will offer opportunities for the players in the precision livestock farming market. DeLaval, LIC, and Afimilk are some of the key companies offering BCS smart cameras.
Competitive Landscape Analysis
Key players in Global Precision Livestock Farming Market include:
- DeLaval
- Allflex Livestock Intelligence
- GEA Farm Technology
- Afimilk
- Lely International
- Cargill Inc
- Dairymaster
- Livestock Improvement Corporation
- Fancom
- Fullwood Packo
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Offering
- Market Snapshot, By Form Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Precision Livestock Farming Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
-
Advancements in Sensor Technologies
-
Government Initiatives and Subsidies
-
Rising Labor Costs and Labor Shortages
-
- Restraints
-
Limited Connectivity in Rural Areas
-
Availability of plant-based alternative products for dairy milk
-
- Opportunities
-
Integration with Smart Farming Practices
-
Data-driven Decision Making
-
Growing popularity of poultry robots and BSC smart cameras
-
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Precision Livestock Farming Market, By Offering, 2021 - 2031 (USD Million)
- Hardware
- Software
- Services
-
Global Precision Livestock Farming Market, By Form Type, 2021 - 2031 (USD Million)
-
Dairy Farms
-
Swine Farms
-
Poultry Farms
-
Others
-
- Global Precision Livestock Farming Market, By Application, 2021 - 2031 (USD Million)
- Milk harvesting
- Feeding Management
- Livestock Health & Behaviour Monitoring
- Others
- Global Precision Livestock Farming Market, By Geography, 2021 - 2031 (USD Million)
-
North America
-
United States
-
Canada
-
-
Europe
-
Germany
-
United Kingdom
-
France
-
Italy
-
Spain
-
Nordic
-
Benelux
-
Rest of Europe
-
-
Asia Pacific
-
Japan
-
China
-
India
-
Australia & New Zealand
-
South Korea
-
ASEAN (Association of South East Asian Countries)
-
Rest of Asia Pacific
-
-
Middle East & Africa
-
GCC
-
Israel
-
South Africa
-
Rest of Middle East & Africa
-
-
Latin America
-
Brazil
-
Mexico
-
Argentina
-
Rest of Latin America
-
-
- Global Precision Livestock Farming Market, By Offering, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
-
DeLaval
-
Allflex Livestock Intelligence
-
GEA Farm Technology
-
Afimilk
-
Lely International
-
Cargill Inc
-
Dairymaster
-
Livestock Improvement Corporation
-
Fancom
-
Fullwood Packo
-
- Company Profiles
- Analyst Views
- Future Outlook of the Market