The global livestock monitoring market size was estimated at USD 4.42 billion in 2024 and is projected to reach USD 8.53 billion by 2030, growing at a CAGR of 11.8% from 2025 to 2030. Several key factors are anticipated to drive this market expansion, including rapid technological advancements, increased government and private sector support initiatives, a growing emphasis on preventive livestock health monitoring, and rising consumption of dairy and meat products worldwide.
A major catalyst for the growth of this market is the ongoing wave of technological innovations in livestock monitoring systems. These advancements take many forms, including the introduction of hands-free monitoring solutions, the integration of automated technologies, the increasing use of artificial intelligence (AI), and the deployment of novel technologies such as drones for more effective livestock management.
For example, in April 2023, Advantech Co. Ltd. unveiled an innovative system that leverages AI to detect health complications in livestock at an early stage. This system utilizes AI combined with infrared vision technology to continuously measure the body temperature of each cow on the farm. The system not only performs daily health scans but also provides veterinary professionals with detailed reports and insights. Such technology enhances the well-being of both farmers and their animals while also contributing to the overall food security of communities. Moreover, this system has the potential to expand its functionalities in the future to monitor other critical factors such as animal growth, feeding patterns, and environmental conditions.
Additionally, in February 2024, the Universitat Autònoma de Barcelona (UAB), supported by funding from the European Union (EU), developed an advanced platform called ClearFarm. This platform is designed to monitor a comprehensive range of factors affecting livestock, including animal behavior, physical and mental health, environmental impact, and productivity. This is achieved through the use of multiple sensors placed throughout farms and directly on the animals. The data collected is processed using a sophisticated algorithm that provides precise and tailored information regarding animal welfare.
Farmers can access this information through a dedicated website, which offers real-time updates on the health status of their animals. The platform emphasizes early warning indicators, enabling farmers to anticipate potential issues and implement preventive measures promptly. The introduction of ClearFarm represents a transformative step in cattle management, with the potential to significantly enhance animal health and welfare by preventing diseases before they occur. This innovative approach marks a critical milestone in advancing animal welfare and sustainable livestock farming.
Key Market Trends & Insights:
• In 2024, North America emerged as the dominant region in the global livestock monitoring market, securing the largest revenue share of 28.2%. This leadership reflects the region’s advanced technological infrastructure, well-established livestock industry, and strong adoption of innovative monitoring solutions. Within North America, the United States was the key contributor, leading the market and accounting for the largest revenue share in 2024. The U.S. market’s growth is supported by increasing investments in precision agriculture and rising demand for efficient livestock management systems.
• When analyzing the market by animal type, the bovine segment is anticipated to experience the fastest growth, with a remarkable compound annual growth rate (CAGR) of 51.6% projected from 2025 to 2030. This rapid expansion is likely driven by the increasing focus on cattle health and productivity, as well as advancements in monitoring technologies tailored specifically for bovine livestock.
• In terms of solutions, the hardware segment held a dominant position in 2024, capturing the largest revenue share of 42.6%. This indicates the continued preference for physical devices such as sensors, collars, and wearable technologies that provide real-time data collection and monitoring capabilities essential for livestock management.
• Looking at applications, the behavioral monitoring segment is expected to witness significant growth, with a CAGR of 13.0% from 2025 to 2030. Behavioral monitoring solutions help in tracking and analyzing animal activities, which can provide early warning signs of health issues or stress, enabling timely interventions and improving overall herd management.
• Finally, by sector, the meat segment is also projected to grow notably, with a CAGR of 12.0% anticipated during the period from 2025 to 2030. This growth reflects the increasing demand for meat products globally, which drives the need for efficient monitoring and management of livestock to enhance productivity, quality, and sustainability.
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Market Size & Forecast:
• 2024 Market Size: USD 4.42 Billion
• 2030 Projected Market Size: USD 8.53 Billion
• CAGR (2025-2030): 11.8%
• North America: Largest market in 2024
Key Companies & Market Share Insights:
Companies operating in the livestock monitoring industry are increasingly focused on introducing novel technologies to transform and advance the market. These businesses are actively involved in launching new and enhanced solutions designed to disrupt the existing landscape by offering superior alternatives to current products. To achieve a competitive edge and strengthen their market presence, many industry players are also forming strategic alliances and partnerships with other companies. These collaborations are aimed either at jointly developing cutting-edge technologies or at improving and refining their existing product lines, enabling them to solidify their dominance within the industry.
For instance, Afimilk Ltd. is a prominent company known for designing and manufacturing a range of advanced technologies tailored for the livestock sector. Their innovative product lineup includes automated milking systems, cow monitoring sensors, and comprehensive herd management software. These technologies facilitate real-time data collection related to various critical aspects such as animal health, fertility, and milk production. By leveraging these solutions, livestock producers can optimize both productivity and animal welfare, driving efficiency and profitability.
Similarly, BouMatic specializes in the development and production of innovative dairy equipment and livestock monitoring systems, specifically catering to the needs of dairy producers. Their diverse portfolio includes milking parlors, automated milking systems, cow activity monitors, and milk cooling solutions. Through these products, BouMatic supports dairy farmers in enhancing operational efficiency, improving animal health monitoring, and ensuring quality control throughout the milk production process.
Key Players
• Afimilk Ltd.
• DeLaval
• BouMatic
• Merck & Co., Inc. (Allflex)
• Zoetis
• Lely
• Moocall
• GEA Group Aktiengesellschaft
• Fullwood Packo
• Dairymaster
• Fancom BV
• Nysbys
• PsiBorg Technologies Pvt. Ltd
• Boehringer Ingelheim
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Conclusion:
The global livestock monitoring market is experiencing significant growth, driven by technological advancements, increased adoption of AI and IoT solutions, and a growing emphasis on preventive health management. North America leads the market, with the U.S. at the forefront, supported by robust infrastructure and widespread adoption of innovative monitoring systems. The bovine segment is expected to witness the fastest growth, reflecting rising demand for beef and dairy products. Hardware solutions continue to dominate, while behavioral monitoring applications are gaining traction due to their role in early disease detection and productivity optimization.