China Livestock Monitoring Market Size & Outlook
China livestock monitoring market, 2018-2030 (US$M)
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China livestock monitoring market highlights
- The China livestock monitoring market generated a revenue of USD 375.9 million in 2022 and is expected to reach USD 1,368.5 million by 2030.
- The China market is expected to grow at a CAGR of 17.5% from 2023 to 2030.
- In terms of segment, cattle was the largest revenue generating animal type in 2022.
- Poultry 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 375.9 million |
| Market revenue in 2030 | USD 1,368.5 million |
| Growth rate | 17.5% (CAGR from 2022 to 2030) |
| Largest segment | Cattle |
| Fastest growing segment | Poultry |
| 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, China accounted for 7.1% 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 Asia Pacific, China livestock monitoring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 778.3 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 49.91% in 2022. Horizon Databook has segmented the China livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
The China livestock monitoring market is anticipated to grow over the forecast period. Furthermore, according to FAO, in 2017, the average egg, milk, & meat consumption per capita increased by 3.9, 10, & 6.9 times, respectively, between 1980 and 2010, which is by far the largest increase in the world during this period.
Furthermore, according to the U.S. FDA, China led the global pork production in 2020, by producing 34 million metric tons of pork, followed by the European Union and the U.S. This increase directly drives the demand, which is expected to create growth opportunities for players in the country.
Moreover, growing prevalence of major animal diseases is expected to fuel the demand for livestock monitoring market. For instance, livestock market, especially the swine industry, suffered a major setback during the African Swine Fever outbreak, leading to deaths of pigs within 2-10 days.
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Target buyers of China 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 China livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into China livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China livestock monitoring market size, by animal type, 2018-2030 (US$M)
China Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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