Livestock Monitoring Market Size, Share & Trends Report

Livestock Monitoring Market Size, Share & Trends Analysis Report By Animal Type (Cattle, Swine), By Component (Hardware, Software), By Application (Milk Harvesting, Breeding Management), By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: Dec, 2020
  • Base Year for Estimate: 2019
  • Report ID: GVR-4-68039-257-3
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 120

Report Overview

The global livestock monitoring market size was valued at USD 3.6 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 15.9% from 2020 to 2027. The growth of the market can be attributed to upsurge in cattle population coupled with the growing adoption of livestock monitoring technology. Furthermore, these monitoring systems are gaining popularity as there is substantial cost-saving associated with livestock monitoring management.

North America livestock monitoring market size, by animal type, 2016 - 2027 (USD Million) 

The increase in the demand for animal products such as meat, milk, and eggs is driving the market for livestock monitoring. Asia holds around 40% to 45% of the market for global meat production. Other major producers include the U.S., Brazil, Australia, and Argentina. Further, according to a report by the Australian Bureau of Agriculture and Resources Economics and Sciences, China will represent around 40.0% of the increase in meat demand by 2050. Such factors are increasing the demand for livestock monitoring.

Moreover, there is high competition between key players, which has prioritized R&D and innovation in the existing product portfolio. These companies are adopting various strategies to maintain a competitive rivalry. For instance, in January 2018, DeLavallaunched DeLavalInService All-Inclusive solutions to provide services and consumables to dairy farmers. With this, the company would function as both advisor and provider to its customers. Such initiatives are anticipated to positively drive the growth.

In addition, the burgeoning prevalence of zoonotic diseases is further fueling the growth of the market for livestock monitoring. This is because these disease outbreaks in the livestock can be major socioeconomic threats, resulting in production loss and disruption of local markets, rural economy, and international trade. Furthermore, certain livestock diseases caused due to viruses and bacteria are known to infect humans. Such factors are likely to increase the demand for livestock monitoring in the coming years.

The COVID-19 outbreak caused due to SARS-CoV-2 has affected millions of people globally as of November 2020. The contagious coronavirus is also having an economic impact and implications on most of the sectors including the animal health industry. Nationwide lockdown and social distancing have suspended or delayed veterinary visits, this is expected to increase the demand for livestock monitoring.

Animal Type Insights

The cattle livestock monitoring systems accounted for the largest revenue share of 46.3% in 2019 owing to associated benefits with its usage. The increase in the consumption of dairy products and beef is a high-impact rendering driver for the growth of the segment. Moreover, beef and dairy products are under constant scrutiny by various private and public organizations to ensure the safety quality of these products and the prevention of disease transmission. Such factors are augmenting the adoption of livestock monitoring systems.

The poultry segment is expected to expand at a CAGR of 16.4% in the market for livestock monitoring during the forecast period. High consumption of poultry products on a daily basis is a major factor contributing to the growth of this segment. The high demand for poultry products and growing consumer awareness about quality products have increased the demand for animal health and monitoring.

Component Insights

The hardware segment dominated the livestock monitoring market with a revenue share of around 39.3% in 2019. This can be attributed to the increased adoption of livestock monitoring devices by farmers to enhance productivity and manage livestock. Further, these devices are harmless to the animals and data collected through these devices alert farmers on healthy feeding, reproduction, and the wellbeing of the animals. Such factors contribute to the dominant share held by this segment.

The software segment is expected to grow fast over the forecast period. It consists of a suite of multiple applications suitable for livestock monitoring bundled together. These applications have related user interfaces, functions, and features. A number of companies are incorporating software to ease data collection of livestock. For instance, in October 2016, Fancom launched control computers and management software systems that comply with the AgroConnect data standard. This has promoted interoperability between different data management systems ultimately added value for customers.

Application Insights

Based on the application, the feeding management segment dominated the market for livestock monitoring and accounted for the largest revenue share of 27.0% in 2019. There is a high demand for feeding management to monitor the food intake of the animal. Furthermore, growing awareness amongst the livestock owners for appropriate diet formulation for increasing productivity is boosting market growth for this application.

Global livestock monitoring market share, by application, 2019 (%)

The milk harvesting segment is expected to grow fast over the forecast period. There is a considerable reduction in costs and manpower by the implementation of auto milking and the adoption of IoT. Such factors are expected to offer growth opportunities for this segment in the coming years.

Regional Insights

North America dominated the market for livestock monitoring and accounted for the largest revenue share of 31.0% in 2019 due to the progressive developments of technology coupled with increased internet penetration in the region. The growth can also be attributed to the increased meat consumption in the region. For instance, in 2018, the list of highest meat consumption was topped by the U.S., which is further propelling the need to prevent zoonotic and foodborne diseases associated with livestock animals subsequently driving the market in the region.

On the other hand, in Asia Pacific, the market for livestock monitoring is expected to grow fast over the forecast period. This can be attributed to the significantly high cattle population. For instance, China and India constitute more than 30.0% of the global population of cattle. The large livestock population has enhanced the demand for meat production and ultimately will drive the demand for livestock monitoring systems in the region.

Key Companies & Market Share Insights

The key companies are conducting research and development to produce efficient livestock monitors. For instance, In July 2020, DeLaval Inc. acquired milkrite | InterPuls, a milking point solutions leader, from Avon Rubber. This has enhanced DeLaval’s animal husbandry offerings. Furthermore, in March 2019, Afimilk granted exclusive distribution rights to Bionova Philippines to market its products in the countries in Asia. This would allow the company to serve a larger market and support its growth strategy. Some of the prominent players in the livestock monitoring market include:

  • DeLaval Inc.

  • GEA Group Aktiengesellschaft

  • Afimilk Ltd.

  • Sensaphone

  • BouMatic

  • MSD Animal Health

  • Dairymaster

  • Fancom BV

  • Lely

  • Fullwood Packo

Livestock Monitoring Market Report Scope

Report Attribute


Market size value in 2020

USD 4.1 billion

Revenue forecast in 2027

USD 11.5 billion

Growth Rate

CAGR of 15.9% from 2020 to 2027

Base year for estimation


Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Animal type, component, application, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; China; India; Brazil; Mexico; Argentina; South Africa; Saudi Arabia

Key companies profiled

GEA Group Aktiengesellschaft; Afimilk Ltd.; DeLaval Inc.;  Sensaphone; Antelliq; BouMatic; Dairymaster Ltd.; Lely; Fancom BV; Fullwood Packo

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

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Avail customized purchase options to meet your exact research needs. Explore purchase options

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this report, Grand View Research has segmented the global livestock monitoring market report on the basis of animal type, component, application, and region:

  • Animal Type Outlook (Revenue, USD Million, 2016 - 2027)

    • Cattle

    • Poultry

    • Swine

    • Equine

    • Others

  • Component Outlook (Revenue, USD Million, 2016 - 2027)

    • Hardware

      • Sensors

      • GPS

      • Others

    • Software

      • On-cloud

      • On-premise

    • Services

      • Integration & development

      • Maintenance & Support

      • Others

  • Application Outlook (Revenue, USD Million, 2016 - 2027)

    • Milk Harvesting

    • Breeding Management

    • Feeding Management

    • Animal Health Monitoring & Comfort

    • Heat Stress

    • Behavior Monitoring

    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

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