Livestock Monitoring Market To Reach $14.82 Billion By 2033

Livestock Monitoring Market Growth & Trends

The global livestock monitoring market size is estimated to reach USD 14.82 billion by 2033, expanding at a CAGR of 12.6% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increased focus on livestock monitoring, along with disease detection. Furthermore, the prevalence of zoonotic diseases among livestock, rising adoption of IoT and AI by dairy farmers, increasing number of dairy farms, and significant cost-saving due to livestock monitoring management are some of the major drivers of the market.

Extensive animal-derived food production and increased investments in R&D and animal health management in developed economies have led to higher productivity. Encouragement from government animal welfare organizations is also boosting the market growth. Further, government funding and reforms are expected to propel market growth shortly. In addition, increasing awareness regarding animal nutrition, genetic breeding, milk harvesting, and animal health is expected to promote the adoption of livestock monitoring systems.

There is an increased demand for animal products, and thus several countries are focusing on livestock rearing. This has led to an increase in the livestock population. In addition, the prevalence of zoonotic diseases is further fueling the growth of the market. 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.

Industry players are involved in strategies including mergers & acquisitions, collaborative agreements, and geographic expansion to gain an edge over the competition. For instance, in January 2023, Astrocast  partnered with Digitanimal for the development of a livestock monitoring solution known as Satellite IoT (SatIoT). The two companies are collaborating jointly to commercialize a tracking device that links to the worldwide satellite network of Astrocast. In February 2021, MSD Animal Health announced the acquisition of PrognostiX Poultry Limited, a provider of health and environmental monitoring solutions for the poultry business, which expanded its product portfolio.

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Livestock Monitoring Market Report Highlights

• The bovine segment held the largest revenue share of 47.09% in 2024, attributed to increasing demand for beef and dairy products, rising herd health awareness, and the need for disease prevention.

• The poultry segment is expected to grow at a CAGR of 11.4% over the forecast period, owing to a rising meat and egg demand, adoption of IoT and sensors for real-time health and environmental monitoring, and consumer preference for traceable, ethical products.

• The hardware segment held a significant revenue share in 2024, driven by rising demand for real-time livestock tracking, health monitoring, and productivity optimization using sensors, GPS, RFID, cameras, and automated devices.

• The software and services segment accounted for the largest revenue share and fastest-growing component of the livestock monitoring Market Estimates and Forecasts, as the software has promoted interoperability between different data management systems and ultimately added value for customers.

• The milking management segment held the largest market share in the market, due to increasing demand for dairy products, adoption of automated milking systems, and the need for enhanced milk yield, quality control, and labor efficiency in dairy farming operations

• The behavioral monitoring segment is expected to grow at the fastest CAGR over the forecast period, owing to rising awareness of animal welfare, demand for early disease detection, and the need to optimize livestock productivity by tracking movement, eating patterns.

• The dairy segment led the market and held the largest revenue share in 2024. The meat segment is anticipated to grow significantly over the forecast period.

• North America livestock monitoring market held the largest revenue share of 28.18% in 2024, primarily driven by the region's large-scale livestock operations, particularly in cattle and dairy farming, drive the demand for efficient management solutions.

Livestock Monitoring Market Segmentation

Grand View Research has segmented the global livestock monitoring market based on animal, therapy, and cancer type:

Livestock Monitoring Animal Outlook (Revenue, USD Million, 2021 - 2033)

• Bovine

• Poultry

• Swine

• Other Animals

Livestock Monitoring Solution Outlook (Revenue, USD Million, 2021 - 2033)

• Hardware

  • Sensors

    • Collars

    • Limb Wearables

  • GPS/RFID

    • Collars

    • Tags

  • Other Hardware

• Software & Services

  • On-premise

  • Cloud

Livestock Monitoring Application Outlook (Revenue, USD Million, 2021 - 2033)

• Milking Management

• Breeding Management

• Feeding Management

• Health Monitoring

• Behavioral Monitoring

• Other Applications

Livestock Monitoring Sector Outlook (Revenue, USD Million, 2021 - 2033)

• Dairy

• Meat

• Other Sectors

Livestock Monitoring Regional Outlook (Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • India

  • China

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

  • Qatar

  • Oman

List of Key Players in Livestock Monitoring Market

• DeLaval

• Affimilk Ltd.

• BouMatic

• Merck & Co., Inc. (Allflex)

• Zoetis

• Lely

• Moocall

• GEA Group Aktiengesellschaft

• Fullwood JOZ

• Dairymaster

• Fancom BV

• Nysbys

• PsiBorg Technologies Pvt. Ltd

• Boehringer Ingelheim

• Digitanimal

• Stellapps

• Nofence Grazing Technology