Spain Livestock Monitoring Market Size & Outlook
Spain livestock monitoring market, 2018-2030 (US$M)
Related Markets
Spain livestock monitoring market highlights
- The Spain livestock monitoring market generated a revenue of USD 108.5 million in 2022 and is expected to reach USD 422.0 million by 2030.
- The Spain 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.
- 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 108.5 million |
| Market revenue in 2030 | USD 422.0 million |
| Growth rate | 18.5% (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, Spain accounted for 2.1% 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 |
|---|
Spain 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 45.25% in 2022. Horizon Databook has segmented the Spain livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid growth in livestock sector coupled with increasing meat production and consumption in the country has fueled demand for livestock monitoring systems. According to an article published in Globalmeat.com in 2019, pig meat products represented 43% of total meat consumed by the Spanish population.
There is growing awareness among livestock owners, which has increased the annual spending on pet healthcare. The generous subsidies from EC States and their expertise in use of costly feed grains have provided Spain a competitive advantage for their livestock industry.
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Target buyers of Spain 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 Spain livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Spain livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain livestock monitoring market size, by animal type, 2018-2030 (US$M)
Spain Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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