South Africa Livestock Monitoring Market Size & Outlook
South Africa livestock monitoring market, 2018-2030 (US$M)
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South Africa livestock monitoring market highlights
- The South Africa livestock monitoring market generated a revenue of USD 33.8 million in 2022 and is expected to reach USD 131.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 18.5% 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 33.8 million |
| Market revenue in 2030 | USD 131.4 million |
| Growth rate | 18.5% (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, South Africa 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 |
|---|
South 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 50% in 2022. Horizon Databook has segmented the South Africa 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 South Africa is driven by increasing livestock production, rising prevalence of zoonotic diseases, and growing concerns for animal health. South Africa comprises a rich diversity in terms of available livestock resources, vegetation, and climate zones.
The livestock sector in the country has been characterized by a dual system of sophisticated commercial sectors employing modern technology versus a developing sector that includes emerging and smallholder farmers.
This leads to the increased adoption of livestock monitoring systems in the country, which is driving the market. Favorable initiatives undertaken by certain companies are creating growth opportunities, which is boosting the market growth. For instance, in 2019.
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Target buyers of South 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 country-level data and insights on the South Africa livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into South Africa livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa livestock monitoring market size, by animal type, 2018-2030 (US$M)
South Africa Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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