Japan Livestock Monitoring Market Size & Outlook
Japan livestock monitoring market, 2018-2030 (US$M)
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Japan livestock monitoring market highlights
- The Japan livestock monitoring market generated a revenue of USD 340.2 million in 2022 and is expected to reach USD 1,253.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 17.7% 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 340.2 million |
| Market revenue in 2030 | USD 1,253.0 million |
| Growth rate | 17.7% (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, Japan accounted for 6.4% 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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Japan 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 50.53% in 2022. Horizon Databook has segmented the Japan 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 Japan is anticipated to grow over the forecast period owing to the increasing number of cattle farms. According to USDA, in 2019, Japan accounted for 46,000 cattle farms in the nation. Increase in livestock population is anticipated to drive the market growth.
In 2019, Japan reported 4.56 million cattle, 294 million chickens, 9.61 million pigs, & 11,000 sheep. This is anticipated to increase the demand for livestock monitoring products. Moreover, increasing animal healthcare expenditure in Japan is expected to drive the market growth.
Government support and regulations for the welfare of animal health are anticipated to fuel the market growth in Japan. For instance, Japan's Act on Welfare and Management of Animals (1973) focuses on building awareness among people as part of its process of implementation.
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Target buyers of Japan 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 Japan livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Japan livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan livestock monitoring market size, by animal type, 2018-2030 (US$M)
Japan Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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