UK Livestock Monitoring Market Size & Outlook, 2022-2030
UK livestock monitoring market, 2018-2030 (US$M)
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UK livestock monitoring market highlights
- The UK livestock monitoring market generated a revenue of USD 287.3 million in 2022 and is expected to reach USD 1,043.7 million by 2030.
- The UK market is expected to grow at a CAGR of 17.5% 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 287.3 million |
| Market revenue in 2030 | USD 1,043.7 million |
| Growth rate | 17.5% (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, UK accounted for 5.4% 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 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 |
|---|
UK 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 44.1% in 2022. Horizon Databook has segmented the UK 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 is anticipated to grow over the forecast period. Favorable agreements for trading of animals are augmenting market growth. For instance, the Intra Trade Animal Health Certificates aids in trading animals within the EU nations.
It is mandatory for all animals being traded to have a health certificate, ensuring that they are disease-free. Such regulations are increasing opportunities for market players. The high livestock population coupled with increase in hectares of land being allocated for agriculture is boosting the market growth.
According to the Department for Environment, Food and Rural Affairs, the UK has 9,569 thousand hectares of agricultural land in 2020. Out of which, the land allocated for rough grazing accounted for 399 thousand hectares.
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Target buyers of UK 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 UK livestock monitoring market , including forecasts for subscribers. This country databook contains high-level insights into UK livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK livestock monitoring market size, by animal type, 2018-2030 (US$M)
UK Livestock Monitoring Market Outlook Share, 2022 & 2030 (US$M)
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