Livestock Monitoring Market is projected to expand at a 6.62% CAGR, attaining USD 3.444 billion in 2031 from USD 2.345 billion in 2025.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Companies |
|
Livestock management, also known as livestock monitoring or precision livestock farming, analyses and monitors the health of livestock, most commonly cattle, using IoT-enabled sensors. Due to the growing livestock industry, keeping track of farm animals and other livestock is critical. According to the Food and Agriculture Organisation (FAO), livestock accounts for 40% of worldwide agricultural output and provides livelihoods, food, and nutrition security for about 1.3 billion people. Simultaneously, there is a significant opportunity to enhance livestock management to be more sustainable and equitable and pose less risk to animal and human health.
The increasing number of livestock
The global demand for and production of cattle products is continuously expanding. Increasing incomes, changing cuisines, and population expansion have increased demand for livestock, making it one of the fastest expanding agricultural sub-sectors in middle- and low-income countries. For instance, England's overall number of sheep and lambs increased by 2.0% in 2022, reaching 14.9 million. The female breeding flock grew by 2.9% to 7.1 million, while lambs grew by 1.5% to 7.5 million (Source: gov.uk). This represents a significant opportunity for livestock management across the entire supply chain.
Health monitoring in livestock
Health dangers are on the rise. Changes in climate, land use, unsustainable farming practices, globalization, and the wildlife trade all present various chances for viruses to develop into novel forms, increasing the frequency and intensity of spillover events from animals to people. Africa is experiencing an increased risk of zoonotic pathogen outbreaks, such as the monkeypox virus, which originated in animals before switching species and infecting humans. According to the World Health Organization (WHO), the number of zoonotic outbreaks in the region increased by 63% between 2012 and 2022 (Source: afro.who.int). As a result, the demand for livestock monitoring solutions has risen in recent years, allowing farmers to track and monitor animal health and respond to disease outbreaks in real-time.
Software segment to develop the quickest among others
The software segment is expected to grow fastest during the forecast period. The software component consists of a set of software packages that can be used to monitor cattle. The user interfaces, features, and functions of these programs are connected. Several industries employ software to make gathering cattle data easier. For instance, the e-Gopala app, which the Indian government introduced in September 2020, is an online digital media that would assist farmers in selecting higher-quality cattle and gaining independence from middlemen. This software provides all information about cow care, from production to health and diet. Cattle owners will find it easier to buy and sell animals due to this.
Livestock production has a large environmental impact and has the potential to harm the ecosystem. The environment is anticipated to suffer further pressure as demand for livestock products rises. The livestock sector currently emits an estimated 7.1 GT of CO2-equivalent per year, accounting for 14.5% of human-induced greenhouse gas (GHG) emissions (Source: worldbank.org). Improving the efficiency of animal supply chains is critical to minimizing future GHG emissions growth. Growing environmental concerns are predicted to hinder the farming of some species in various places around the world in the future. As a result, market growth is projected to be hampered in the future.
Livestock Monitoring Market Segmentation:
By Products
Hardware
Smart tags
Sensors
Cameras
GPS
Others
Software
On-Premise
Cloud-based
By Animal Types
Cattles
Poultry
Swine
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Others