Rising demand for dairy products, growing preference for protein-rich food, increase in consumption of animal-based protein, increasing global population are primarily driving the market
JERSEY CITY, N.J., Dec. 14, 2020 /PRNewswire/ -- Verified Market Research recently published a report, "Precision Livestock Farming Market by offering (Hardware, Software, and Services), By Technology (Milking Robots, Precision Feeding Systems, and Identification & Tracking), By Application (Milk Harvesting, Feeding Management, Livestock Health and Behavior Monitoring), and Geography". According to Verified Market Research, the Global Precision Livestock Farming Market was valued at USD 3.01 billion in 2020 and is projected to reach USD 5.43 billion by 2027, growing at a CAGR of 8.81% from 2021 to 2027.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=80267
Browse in-depth TOC on "Precision Livestock Farming Market"
202 - Pages
126 – Tables
37 – Figures
Global Precision Livestock Farming Market Overview
The 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 system 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.
The major players in the market are DeLaval (Sweden), Allflex (Israel), GEA Farm Technology (Germany), Afimlik (Israel), BouMatic (US), Lely International (Netherlands), Dairymaster (Ireland), Livestock Improvement Corporation (New Zealand), Fancom (Netherlands), Fullwood Packo (UK)
Verified Market Research has segmented the Global Precision Livestock Farming Market On the basis of Type, End-User, and Geography.
- Precision Livestock Farming Market by Offering
- Hardware
- Software
- Services
- Precision Livestock Farming Market by Application
- Milk Harvesting
- Feeding Management
- Livestock Health and Behavior Monitoring
- Precision Livestock Farming Market by Technology
- Milking Robots
- Precision Feeding Systems
- Identification & Tracking
- Precision Livestock Farming Market by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
Browse Related Reports:
Pivot Irrigation Systems Market by Field Size (Medium Fields, Small Fields, Large Fields), by Crop Type (Oilseeds & Pulses, Cereals),by Component (Pivot Points, Drive Trains, Sprinkler Drops, Spans, Control Panels), Geography, Forecast, 2020-2027
Agrigenomics Market by Objective (DNA Extraction & Purification, Genotyping, Marker-Assisted Selection, DNA/RNA Sequencing, Gene Expression Profiling, GMO/Trait Purity Testing), by Application (Livestock, Crops), by Sequencer Type (Illumina Hi Seq Family, Sanger Sequencing, Solid Sequencers, Pacbio Sequencers), Geography, Forecast, 2017-2025
Medicated Feed Additives Market by Mixture Type (Concentrates, Supplements, Premix Feeds, Base Mixes), by Livestock (Poultry, Aquaculture, Swine, Ruminants), by Type (Antibiotics, Amino Acids, Enzymes, Probiotics & Prebiotics, Antioxidants), Geography, Forecast, 2017-2025
Amino Acids Market by Product (Lysine, L-Glutamate, Methionine), by Raw Material (Plant-based, Animal-based), by Application (Animal feed, Food & Dietary Supplements, Pharmaceuticals), Geography, Forecast, 2019-2026
Verified Market Intelligence:
Verified Market Intelligence is a BI enabled database service with forecasted trends and accurate market insights on over 20,000+ tracked markets helping organizations globally with their market research needs. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment and Key players for emerging and niche markets.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research
US: +1 (650)-781-4080
UK: +44 (203)-411-9686
APAC: +91 (902)-863-5784
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg
Photo: https://mma.prnewswire.com/media/1385007/Precision_Livestock_Farming_Market.jpg
Share this article