Europe Livestock Monitoring Market Size & Outlook
Europe livestock monitoring market, 2018-2030 (US$M)
Related Markets
Europe livestock monitoring market highlights
- The Europe livestock monitoring market generated a revenue of USD 1,419.7 million in 2022.
- The market is expected to grow at a CAGR of 17.3% 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.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,419.7 million |
| Market revenue in 2030 | USD 5,096.4 million |
| Growth rate | 17.3% (CAGR from 2022 to 2030) |
| Largest segment | Cattle |
| Fastest growing segment | Poultry |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 26.9% of the global livestock monitoring market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 2,740.3 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 44.79% in 2022. Horizon Databook has segmented the Europe livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
The European Livestock Monitoring market is expected to grow due to favorable trade organizations, like the European Free Trade Association (EFTA), between Liechtenstein, Iceland, Norway, & Switzerland, which has facilitated trade between countries and increased growth opportunities in the region. With rising awareness and environmental issues, Europe is experiencing growth of milk-producing cattle.
In 2015, majority of the population moved to a vegan diet when the WHO announced an increased risk of cancer in individuals consuming a meat diet. This has raised the demand for milk and its derivatives, to fulfill calcium & protein requirements, creating new avenues for regional market growth.
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Target buyers of Europe 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 continent-level data and insights on the Europe livestock monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Europe livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe livestock monitoring market size, by country, 2018-2030 (US$M)
Europe Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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