Argentina Livestock Monitoring Market Size & Outlook
Argentina livestock monitoring market, 2018-2030 (US$M)
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Argentina livestock monitoring market highlights
- The Argentina livestock monitoring market generated a revenue of USD 64.9 million in 2022 and is expected to reach USD 245.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 18.1% from 2023 to 2030.
- In terms of segment, cattle was the largest revenue generating animal type in 2022.
- Equine is the most lucrative animal type segment registering the fastest growth during the forecast period.
Livestock monitoring market data book summary
| Market revenue in 2022 | USD 64.9 million |
| Market revenue in 2030 | USD 245.6 million |
| Growth rate | 18.1% (CAGR from 2022 to 2030) |
| Largest segment | Cattle |
| Fastest growing segment | Equine |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cattle, Poultry, Swine, Equine |
| Key market players worldwide | GEA Group AG, Merck & Co Inc, Afimilk, DeLaval, Sensaphone, BouMatic, Dairymaster, Lely, Fullwood Packo, Fancom |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global livestock monitoring market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil livestock monitoring market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 764.4 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina livestock monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to livestock monitoring market will help companies and investors design strategic landscapes.
Cattle was the largest segment with a revenue share of 45.15% in 2022. Horizon Databook has segmented the Argentina livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
The livestock monitoring market in Argentina is expected to grow during the forecast period due to increase in livestock production. The cattle herd in the nation is approximately 54 million head. In order to maintain good quality beef and dairy production, producers need to efficiently monitor the livestock.
This increases growth opportunities for market players. However, low milk prices and high production costs may limit the market growth. Furthermore, increasing regulations for the safety of veterinary products are contributing to the market growth.
For instance, veterinary products require prior government approval before usage and must be registered with the Ministry of Agroindustry.
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Target buyers of Argentina livestock monitoring market databook
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Our clientele includes a mix of livestock monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Argentina livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina livestock monitoring market size, by animal type, 2018-2030 (US$M)
Argentina Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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