Livestock Monitoring Market

The livestock monitoring market is estimated to be worth USD 1.6 billion in 2022 and is projected to reach USD 3.7 billion by 2030, at a CAGR of 11.0% during the forecast period. Increasing focus on real-time monitoring and early disease detection, growing adoption of IoT and AI for livestock monitoring, rising demand for meat globally and cost-saving achieved through the adoption of livestock monitoring solutions are some of the major factors driving the market growth.

Livestock Monitoring companies include: 

• Allflex Livestock Intelligence (Subsidiary of MSD Animal Health) (US),
• DeLaval (Sweden),
• Afimilk Ltd. (Israel),
• Nedap N.V. (Netherlands),
• BouMatic (US),
• Atmos (UK).

The market players have adopted various strategies such as development of advanced products, partnerships, collaborations, agreements, joint ventures, and acquisitions to strengthen their position in the livestock monitoring market. The organic and inorganic strategies have helped the market players to expand themselves globally by providing advanced solutions for livestock monitoring.

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Allflex Livestock Intelligence (Subsidiary of MSD Animal Health) (US) is a global leader in providing livestock monitoring solutions and has a diverse product portfolio for reproduction, health, and nutrition monitoring. The company’s dominance in the livestock monitoring market can be attributed mainly to inorganic growth strategies such as acquisitions and collaborations. MSD Animal Health, the parent company of Allflex, extensively focuses on acquisitions to strengthen its position in the market. For instance, in June 2020, the company acquired Quantified AG (US) to offer innovative products to farmers that will help them monitor animal health in real time. Allflex also focuses on collaborating with other players in the market to enter new markets. For instance, in November 2019, the company and True Digital Group—a leading telecommunications company and a subsidiary of Thailand’s Charoen Pokphand Group (C.P. Group), which operates in agribusiness and food, retail, and distribution and the telecommunications industry in Asia—have signed a Memorandum of Understanding (MOU) to explore the distribution of monitoring technology for the growing livestock market in Thailand and Southeast Asia.

DeLaval (Sweden) is a market leader in providing dairy farm technologies globally. The company not only has a diverse portfolio of livestock monitoring products but also a strong geographic presence in Europe, the Middle East, and Africa (EMEA), Asia Pacific, and American markets. The company uses both organic and inorganic growth strategies to capture the market share and expand globally. For instance, in July 2020, DeLaval announced the acquisition of milkrite | InterPuls from Avon Rubber. milkrite | InterPuls is a global leader in providing complete milking point solutions to dairy farmers globally. The company also focuses on collaborating with other players to develop advanced and innovative livestock monitoring solutions

Afimilk Ltd. (Israel) is a global leader in software management and sensor technology. The company specializes in offering advanced dairy farming and herd management solutions. Afimilk offers a wide range of products for cow monitoring, farm management, and parlor automation applications. To maintain its competitive position in the market, the company focuses on commercializing its dairy herd management products by partnering and collaborating with other market players. Moreover, it has been opening sales offices to extend its global presence and customer base in various regions globally. For instance, Afimilk opened a representative office in Krasnodar city, Russia, in March 2019.

Nedap N.V. (Netherlands) is a global leader in providing individual animal identification solutions and cow monitoring solutions. It focuses extensively on partnerships and collaborations to foster product innovation and develop advanced livestock monitoring solutions. For instance, in June 2021, Nedap partnered with Cogent Breeding, a leading breeding technology and cattle genetics company, to launch PrecisionCOW. This solution monitors the health, fertility, and location of individual cows. The company also offers solutions for heat detection, health monitoring, cattle tracking, electronic identification, milk yield recording, sorting, and routing applications. Similarly, the company offers electronic sow feeding, weight monitoring, sow separation, heat detection, and barn remodeling services for pig farming. Nedap has a strong presence in the Netherlands, Germany, and other European countries.

BouMatic (US) specializes in designing, manufacturing, and supplying dairy farm equipment, and automated milking systems. It has a strong geographic presence along with a wide distribution network and a robust product portfolio. The company uses both organic and inorganic growth strategies to strengthen its position in the market. It mainly focuses on partnerships and collaborations to enter new markets. For instance, in December 2019, BouMatic partnered with Boissinot-Elevage (France). According to the partnership, Boissinot-Elevage will market BouMatic’s manure handling products in France.

Related Reports:

Livestock Monitoring Market by Livestock Type (Cattle, Poultry, Swine, Equine), Application (Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Health Monitoring Management), Offering and Geography - Global Forecast to 2030

See Also :

Livestock Identification Companies

Contact:
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