The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s AI In Livestock Farming Global Market Report 2024, the AI in livestock farming market is expected to show significant growth in the forecast period.

Market Growth and Forecast

• The AI in livestock farming market has grown from $0.37 billion in 2023 to $0.47 billion in 2024, with a CAGR of 26.7%.
• Expected to reach $1.22 billion by 2028, growing at a CAGR of 26.9%, driven by precision agriculture and resource efficiency demands.

Drivers of Market Growth

Rising Demand for Livestock Products

• Increased consumption of meat, dairy, and eggs fuels AI adoption.
• AI enables data-driven decisions in health, nutrition, and breeding practices.

View More On The AI In Livestock Farming Market Report 2024 – https://www.thebusinessresearchcompany.com/report/ai-in-livestock-farming-global-market-report

Major Companies and Innovations

Key Players in AI Livestock Farming

• Zoetis Inc., Rex Animal Health Inc., DeLaval International AB, Sentera LLC, Afimilk Ltd., among others.
• Focus on technological advancements and AI-driven solutions for livestock management.

Next Frontier in Livestock Health

• Introduction of generative AI programs like CowGPT for veterinary and dairy industries.
• Enhances productivity and efficiency through innovative AI technologies.

Industry Developments and Acquisitions

GEA Group AG’s Acquisition of CattleEye Ltd.

• Acquisition integrates advanced AI for livestock health and welfare improvements.
• Enhances capabilities in dairy farming through innovative AI solutions.

Market Segmentation

Segmentation of AI in Livestock Farming

1. By Component: Solution, Software, App, IoT Sensors, Service
2. By Technology: Computer Vision, Machine Learning, Predictive Analysis
3. By Application: Behavior Monitoring, Healthcare Monitoring, Feed and Water Monitoring, Production Management
4. By End-User: Small and Medium-Sized Farms, Large Farms

Regional Insights

Regional Dynamics

• North America: Dominated the market in 2023, driven by technological advancements and large-scale farming operations.

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The AI In Livestock Farming Global Market Report 2024  provides an in-depth analysis on the AI in livestock farming market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the AI in livestock farming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

AI In Precision Farming Global Market Report 2024

AI In Inventory Management Global Market Report 2024

AI Enabled Testing Tools Global Market Report 2024

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