Saudi Arabia Livestock Monitoring Market Size & Outlook
Saudi Arabia livestock monitoring market, 2018-2030 (US$M)
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Saudi Arabia livestock monitoring market highlights
- The Saudi Arabia livestock monitoring market generated a revenue of USD 33.4 million in 2022 and is expected to reach USD 123.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 17.8% 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 33.4 million |
| Market revenue in 2030 | USD 123.5 million |
| Growth rate | 17.8% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, South Africa livestock monitoring market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 131.4 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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% in 2022. Horizon Databook has segmented the Saudi Arabia 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 Saudi Arabia is driven by rapid improvement in livestock production and increasing animal adoption. Furthermore, the market growth can be attributed to the increasing awareness about veterinary diseases coupled with growing prevalence of zoonotic diseases.
Moreover, favorable initiatives undertaken by private players are anticipated to promote livestock monitoring. These players are increasing investment in R&D and focusing on strategic initiatives, driving the livestock monitoring market in Saudi Arabia.
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Target buyers of Saudi Arabia 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 Saudi Arabia livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia livestock monitoring market size, by animal type, 2018-2030 (US$M)
Saudi Arabia Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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