North America Positioned as the Largest Precision Livestock Farming Market
According to a precision livestock farming market report by MarketsandMarkets, the industry is set to grow from USD 7.94 billion in 2025 to USD 12.12 billion by 2030, at a robust CAGR of 8.8%. The global precision livestock farming industry is entering a new growth era, fueled by the convergence of automation, digitalization, and rising demand for sustainable animal farming.
Farmers across...
Future of Livestock Monitoring Market: Key Drivers, Restraints, and Growth Potential
The livestock monitoring market is poised for significant growth, driven by technological advancements and evolving consumer demands. However, several challenges may impact its trajectory. Below is an analysis of the key drivers, restraints, and growth potential shaping the future of this market.
Key Drivers
1. Real-Time Monitoring and Early Disease Detection
The integration of IoT devices...