Precision Livestock Farming Companies

The precision livestock farming market is estimated to be USD 6.9 billion in 2023 and is projected to reach USD 11.2 billion by 2028, at a CAGR of 10.2%. The use of livestock monitoring technology can help address several challenges farmers or ranchers face concerning disease detection, stress detection, and animal comfort. Thus, the focus of farmers on precision livestock monitoring is increasing. Sensors and RFID tags attached to animals provide real-time information and help farmers take corrective actions.

Precision Livestock Farming companies include:

• DeLaval (Sweden),
• GEA Group (Germany),
• Afimilk Ltd. (Israel),
• Allflex Livestock Intelligence (US),
• Lely International (Netherlands)

The five companies' combined market share accounted for 60–70% of the precision livestock farming market. These companies operate worldwide and are involved in developing precision livestock farming products/solutions/services for various applications, such as milk harvesting, feeding management, livestock health & behavior monitoring.

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DeLaval (Sweden)

DeLaval is a leading provider of dairy farm technologies globally. The company has a diverse range of innovative products and solutions for automatic milking, which include milk meters, pulsators, milking machines, milk analyzers, VMS voluntary milking system, the state-of-the-art AMR automatic rotary milking solution, and Flow-Responsive Milking technology, among others. DeLaval provides products and services that assist farmers in increasing their profitability. As part of its holistic approach to sustainability, the company focuses on its products' environmental efficiency, carbon footprint, and the safety and welfare of animals and people. DeLaval focuses on organic growth strategies, such as product development, and inorganic growth strategies, such as acquisitions, to strengthen its market position. For instance, in July 2020, DeLaval announced the acquisition of milkrite | InterPuls from Avon Rubber. The company also boasts a strong geographic presence in the US and Europe, where consumers want greater transparency and animal welfare, so farmers must invest in technological solutions.

Allflex Livestock Intelligence (Subsidiary of MSD Animal Health) (US)

Allflex Livestock Intelligence is one of the leading providers of livestock monitoring and milking automation solutions. The company has a diverse product portfolio of livestock monitoring solutions that assist farmers in reproduction, health, and nutrition monitoring. The company has captured a significant global market share by providing diverse product offerings and a solid global presence. Allflex operates globally from different locations, including Australia, Belarus, Belgium, Brazil, Canada, China, Denmark, France, Germany, India, and Israel. Farmers and several dairy farm organizations use these solutions to manage their herds efficiently and effectively. The company's solutions deliver farm livestock intelligence and actionable management information to farmers, enabling them to make on-time corrective decisions and safeguard animals' health and well-being with optimum production. Allflex also offers livestock identification solutions, livestock monitoring solutions, smart data solutions, and milking automation technologies.

GEA Farm Technology (GEA Group) (Germany)

GEA Group mainly focuses on organic growth strategies such as product launches and developments to strengthen its position in the milking automation market. The company fosters product advancement and innovation by spending significantly on R&D activities. The company has powered North America's largest milking research facility in UBC with its milking robots to enhance and promote research and development activities in the dairy industry. The company also has a strong geographic footprint with operations in DACH and Eastern Europe, Western Europe, the Middle East and Africa, North and Central Europe, North America, Latin America, and Asia Pacific. However, Europe contributes about ~60% of the company's revenue. Hence, GEA Group could consider focusing on other inorganic growth strategies, such as partnerships and acquisitions, to enter emerging markets with high-growth potential to capture a larger market share.

Afimilk (Israel) has set a benchmark globally by installing many milk meters and behavior sensors across various dairy farms. It is a market leader in software management and sensor technology. AfiFarm, the company's fully integrated dairy farm management software, provides farmers with real-time information about the herd's health and fertility, milk quality, productivity, etc. The company has a strong global presence with operations in over 50 countries. It has a strong presence in North, Central, and South America; Europe; Asia; the Middle East and Africa; Australia; and New Zealand. The company's systems are installed and used on thousands of farms in more than 50 countries globally. Afimilk Ltd. is a global leader in providing automated solutions for modern dairy farming and effective herd management. The company manufactures and supplies various parlor automation and milk management products. To maintain its competitive position in the market, the company is focusing on commercializing its dairy herd management products by signing partnership and collaboration agreements with various companies.

Related Reports:

Precision Livestock Farming Market by System Type (Milking Robotic Systems, Precision Feeding Systems, Livestock Monitoring Systems), Application, Offering, Farm Type (Dairy, Swine, Poultry), Farm Size and Geography - Global Forecast to 2028

See Also :

Milking Robots Companies

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