Middle East & Africa Livestock Monitoring Market Size & Outlook
Middle East & Africa livestock monitoring market, 2018-2030 (US$M)
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MEA livestock monitoring market highlights
- The MEA livestock monitoring market generated a revenue of USD 233.6 million in 2022.
- The market is expected to grow at a CAGR of 16.1% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 233.6 million |
| Market revenue in 2030 | USD 771.6 million |
| Growth rate | 16.1% (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, MEA region accounted for 4.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 45.8% in 2022. Horizon Databook has segmented the Middle East & Africa livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
Growing awareness regarding animal health among pet and livestock owners coupled with rising animal adoption is boosting the market in Middle East and Africa. Based on animal type, cattle dominated and holds the majority of the market share, thereby driving the market growth.
Increasing number of initiatives being undertaken by the government for encouraging animal healthcare facilities is expected to boost the market in this region. The consumer shift toward a healthy lifestyle is fueling the market growth.
Countries in Middle East and Africa aim at decreasing the prevalence of malnutrition. Increasing consumption of meat and growing demand for protein-rich animal food are among factors boosting the market demand in MEA.
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Target buyers of Middle East & Africa 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 Middle East & Africa livestock monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA livestock monitoring market size, by country, 2018-2030 (US$M)
Middle East & Africa Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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