Italy Livestock Monitoring Market Size & Outlook
Italy livestock monitoring market, 2018-2030 (US$M)
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Italy livestock monitoring market highlights
- The Italy livestock monitoring market generated a revenue of USD 150.7 million in 2022 and is expected to reach USD 515.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 16.6% 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 150.7 million |
| Market revenue in 2030 | USD 515.2 million |
| Growth rate | 16.6% (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, Italy accounted for 2.9% 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 Europe, UK livestock monitoring market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 422.0 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 45.92% in 2022. Horizon Databook has segmented the Italy livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
The ongoing upgradation of IoT in animal healthcare is anticipated to boost the market. Moreover, rising adoption of livestock monitoring products coupled with rapid expansion of manufacturing facilities in the country is further driving market growth.
Discussions regarding the new law proposal for rules of Italian meat labeling are still ongoing in the Italian Parliament. The labeling will enhance the food system & agricultural competitiveness. Such factors may lead to better quality meat production and increase in demand for livestock monitors.
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Target buyers of Italy 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 Italy livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Italy livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy livestock monitoring market size, by animal type, 2018-2030 (US$M)
Italy Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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