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Precision Swine Farming Market: Overview, Market Dynamics, Market Trends, Segment Analysis, Competitive Analysis for 2024-2030
The Precision Swine Farming Market is expected to reach USD 873.81 Million by 2030, up from USD 400.24 Million in 2023, at a CAGR of 11.8 % in terms of value during the forecast period.
Format : PDF | Report ID : SMR_1529
Precision Swine Farming Market Overview:
The global Precision Swine Farming Market has grown rapidly due to rising demand for dairy products, as well as a growing taste for protein-rich foods, automated milk gathering systems, and the increasing usage of precision feeding systems. The Global Precision Livestock Farming Market research offers a comprehensive analysis of the market. The research provides a detailed analysis of the market's key segments, trends, drivers, restraints, competitive landscape, and determinants.
The global Precision Livestock Farming Market has grown rapidly due to rising demand for dairy products, as well as a growing taste for protein-rich foods, automated milk gathering systems, and the increasing usage of precision feeding systems. The Global Precision Livestock Farming Market research offers a comprehensive analysis of the market. The research provides a thorough examination of major segments, trends, drivers, restraints, the competitive landscape, and factors that are significant in the market.
Precision pig farming, also known as precision livestock farming, is the application of advanced technologies and data-driven methodologies to manage and optimize many aspects of pig production. Precision swine farming aims to improve pig efficiency, health, and welfare while reducing resource use and environmental effect. This method combines numerous technologies, such as sensors, data analytics, automation, and real-time monitoring, to acquire information about individual pigs and their surroundings
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Precision Swine Farming Market Dynamics:
The increasing significance of real-time tracking
Farmers can now get real-time information on a variety of attributes and scrutinize them to increase production efficiency and enhance animal health this is all because of the development of modern technologies like sensors and tags. Farmers can decrease the chance of disease outbursts and uplift overall productivity by using real-time tracking and prior disease detection. The necessity for real-time tracking and early disease spotting is one of the major drivers of this growth.
Precision Swine Farming Market Restraints
High initial cost: There is large capital input in precision farming technologies, which includes
Sensors, automated feeding systems, and data analytics software. A major barrier for farmers who are thinking about executing precision farming techniques, this huge initial cost might be demoralizing farmers from investing in the equipment.
Precision Swine Farming Market Opportunities
The rapid increase in the production and consumption of pig meat
There is a rapid increase in Pig meat production and consumption due to urbanization, increase in incomes, and increase in population. Pork is an attainable and reasonably priced source of protein. These methods can help farmers in increasing pig growth and output while cutting costs and enhancing animal welfare.
Precision Swine Farming Market Challenges
Environmental concerns regarding the production of swine
Greenhouse gas emissions and other environmental issues are identified as effects of swine farming .because of the intensive nature of swine production, huge amounts of water, energy, and natural resources have been drained and pollution levels have increased.
Precision Swine Farming Market Trends:
Precision swine farming involved the use of wearable devices and cameras to monitor the health and behaviour of individual pigs. Early detection of health issues allowed for timely intervention and reduced the need for antibiotics.
Precision farming technologies enabled better control over the barn environment, including temperature, humidity, and ventilation. This led to improved animal comfort and reduced stress, which in turn positively impacted growth rates and feed efficiency.
Data-driven approaches helped farmers optimize feed formulations, ensuring that pigs received the right nutrients for their growth stages. This not only improved pig health but also reduced feed costs.
Precision Swine Farming Market Segment Analysis:
By Farm Size: Farms of a Small Size Precision swine farming can be especially advantageous for small farms. Due to their limited resources, these farms may struggle to compete with larger businesses. Precision farming technologies can benefit small farms in the following ways effective resource management, disease management, and monitoring.
Farms of Mid-sized Precision swine farming could assist mid-sized farms as well, with possible benefits such as scale optimization, and quality control.
Large swine farms stand to gain substantial benefits from precision farming due to their extensive operations like operational efficiency, and environmental sustainability.
By Offering: Smart collars and ears tags are used for identification tags in precision swine farming, which is currently driving the precision swine market because it has many advantages such as real-time monitoring, early disease detection, removal of diseased animals from the herd, reduced labour, and so on, all of which lead to increased profits for farmers.
Precision Swine Farming Market Regional Insights
The adoption and implementation of precision agriculture technology and techniques within the swine farming sector throughout different parts of the world will be investigated in a global geographical segment analysis of precision swine farming. Precision swine farming, also known as precision livestock farming (PLF), is the use of advanced technology such as sensors, data analytics, and automation to monitor and manage numerous elements of pig production, such as health, nutrition, environment, and behaviour.
Geographical Adoption Rates: Investigate how various regions throughout the world are implementing precision swine farming practices. This could include categorizing regions by continent (for example, North America, Europe, Asia, South America, Africa, and Oceania) and analysing the extent of precision technology usage.
Competitive Landscape:
Sensors and IoT devices are integral to collecting real-time data on pig behaviour, environmental conditions, and health indicators. Companies developing and providing these technologies include Sound Talks, Hermit Crab (formerly Swine Sense), Ro-Main (IoT solutions for livestock farming).
Major agribusiness corporations might also have an interest in precision swine farming due to its potential to improve efficiency and sustainability. These corporations can invest in or acquire start-ups focused on precision livestock farming.
The precision swine farming space has attracted start-ups and innovators aiming to disrupt traditional pig farming practices. These companies may bring unique solutions and technologies to the market.
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Precision Swine Farming Market Scope |
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Market Size in 2023 |
USD 400.24 Bn. |
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Market Size in 2030 |
USD 873.81 Bn. |
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CAGR (2024-2030) |
11.8 % |
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Historic Data |
2018-2022 |
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Base Year |
2023 |
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Forecast Period |
2024-2030 |
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Segment Scope |
By Geographically
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By Farm Size
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By Offering
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Regional Scope |
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of MEA) South America (Brazil, Argentina, Columbia and Rest of South America) |
Key Players:
- Nedap N.V. (Netherlands)
- CTB, Inc. (US)
- Merck & Co., Inc. (US)
- Boehringer Ingelheim Animal Health USA Inc. (US)
- Guangzhou Yingzi Technology Co, Ltd. (China)
- Hotraco (Netherlands)
- VDL Agrotech BV (Netherlands)
- AcuShot Needle Free (Canada)
- Pulse NeedleFree Systems (US)
- Henke Sass Wolf GmbH (Germany)
- Big Dutchman (Germany)
- EN-CO Software Zrt (Hungary)
- Luda Farm AB (Sweden)
- AGCO Corporation (US)
- Microfan (Netherlands)
Frequently Asked Questions
The key players are Nedap N.V. (Netherlands) CTB, Inc. (US) Merck & Co., Inc. (US) Boehringer Ingelheim Animal Health USA Inc. (US) Guangzhou Yingzi Technology Co, Ltd. (China) Hotraco (Netherlands).
The Global Precision Livestock Farming Market is segmented on the basis of geographical area, farm size, and offering.
The expanding need for dairy products, as well as the growing appetite for protein-rich foods, are driving global precision livestock production.
The precision swine market is expected to witness significant growth in the future due to the surging labor cost and increasing demand for automation in the swine industry. Whereas increasing adoption of swine monitoring technology in developing countries can act as an opportunity for the precision swine farming market.
1. Global Precision Swine Farming Market: Research Methodology
2. Global Precision Swine Farming Market: Executive Summary
3. Global Precision Swine Farming Market: Competitive Landscape
3.1. Stellar Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Market Structure
3.4.1. Market Leaders
3.4.2. Market Followers
3.4.3. Emerging Players
3.5. Consolidation of the Market
4. Global Precision Swine Farming Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers by Region
4.2.1. North America
4.2.2. Europe
4.2.3. Asia Pacific
4.2.4. Middle East and Africa
4.2.5. South America
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Regulatory Landscape by Region
4.9.1. North America
4.9.2. Europe
4.9.3. Asia Pacific
4.9.4. Middle East and Africa
4.9.5. South America
5. Global Precision Swine Farming Market Size and Forecast by Segments (by Value USD and Volume Units)
5.1. Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
5.1.1. North America
5.1.2. Europe
5.1.3. Asia
5.1.4. South America
5.1.5. Africa
5.1.6. Oceania
5.2. Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
5.2.1. Small Size
5.2.2. Mid-Size
5.2.3. Large Size
5.3. Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
5.3.1. Real-time monitoring
5.3.2. Early disease detection
5.3.3. Removal of diseased animals from the herd
5.3.4. Reduced labour
5.4. Global Precision Swine Farming Market Size and Forecast, by Region (2023-2030)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Global Precision Swine Farming Market Size and Forecast (by Value USD and Volume Units)
6.1. North America Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
6.1.1. North America
6.1.2. Europe
6.1.3. Asia
6.1.4. South America
6.1.5. Africa
6.1.6. Oceania
6.2. North America Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
6.2.1. Small Size
6.2.2. Mid-Size
6.2.3. Large Size
6.3. North America Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
6.3.1. Real-time monitoring
6.3.2. Early disease detection
6.3.3. Removal of diseased animals from the herd
6.3.4. Reduced labour
6.4. North America Global Precision Swine Farming Market Size and Forecast, by Country (2023-2030)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Global Precision Swine Farming Market Size and Forecast (by Value USD and Volume Units)
7.1. Europe Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
7.1.1. North America
7.1.2. Europe
7.1.3. Asia
7.1.4. South America
7.1.5. Africa
7.1.6. Oceania
7.2. Europe Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
7.2.1. Small Size
7.2.2. Mid-Size
7.2.3. Large Size
7.3. Europe Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
7.3.1. Real-time monitoring
7.3.2. Early disease detection
7.3.3. Removal of diseased animals from the herd
7.3.4. Reduced labour
7.4. Europe Global Precision Swine Farming Market Size and Forecast, by Country (2023-2030)
7.4.1. UK
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Global Precision Swine Farming Market Size and Forecast (by Value USD and Volume Units)
8.1. Asia Pacific Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
8.1.1. North America
8.1.2. Europe
8.1.3. Asia
8.1.4. South America
8.1.5. Africa
8.1.6. Oceania
8.2. Asia Pacific Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
8.2.1. Small Size
8.2.2. Mid-Size
8.2.3. Large Size
8.3. Asia Pacific Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
8.3.1. Real-time monitoring
8.3.2. Early disease detection
8.3.3. Removal of diseased animals from the herd
8.3.4. Reduced labour
8.4. Asia Pacific Global Precision Swine Farming Market Size and Forecast, by Country (2023-2030)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Bangladesh
8.4.11. Pakistan
8.4.12. Rest of Asia Pacific
9. Middle East and Africa Global Precision Swine Farming Market Size and Forecast (by Value USD and Volume Units)
9.1. Middle East and Africa Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
9.1.1. North America
9.1.2. Europe
9.1.3. Asia
9.1.4. South America
9.1.5. Africa
9.1.6. Oceania
9.2. Middle East and Africa Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
9.2.1. Small Size
9.2.2. Mid-Size
9.2.3. Large Size
9.3. Middle East and Africa Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
9.3.1. Real-time monitoring
9.3.2. Early disease detection
9.3.3. Removal of diseased animals from the herd
9.3.4. Reduced labour
9.4. Middle East and Africa Global Precision Swine Farming Market Size and Forecast, by Country (2023-2030)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Egypt
9.4.4. Nigeria
9.4.5. Rest of ME&A
10. South America Global Precision Swine Farming Market Size and Forecast (by Value USD and Volume Units)
10.1. South America Global Precision Swine Farming Market Size and Forecast, by Geographically (2023-2030)
10.1.1. North America
10.1.2. Europe
10.1.3. Asia
10.1.4. South America
10.1.5. Africa
10.1.6. Oceania
10.2. South America Global Precision Swine Farming Market Size and Forecast, by Farm Size (2023-2030)
10.2.1. Small Size
10.2.2. Mid-Size
10.2.3. Large Size
10.3. South America Global Precision Swine Farming Market Size and Forecast, by Offering (2023-2030)
10.3.1. Real-time monitoring
10.3.2. Early disease detection
10.3.3. Removal of diseased animals from the herd
10.3.4. Reduced labour
10.4. South America Global Precision Swine Farming Market Size and Forecast, by Country (2023-2030)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Company Profile: Key players
11.1.1. Nedap N.V. (Netherlands)
11.1.2. CTB, Inc. (US)
11.1.3. Merck & Co., Inc. (US)
11.1.4. Boehringer Ingelheim Animal Health USA Inc. (US)
11.1.5. Guangzhou Yingzi Technology Co, Ltd. (China)
11.1.6. Hotraco (Netherlands)
11.1.7. VDL Agrotech BV (Netherlands)
11.1.8. AcuShot Needle Free (Canada)
11.1.9. Pulse NeedleFree Systems (US)
11.1.10. Henke Sass Wolf GmbH (Germany)
11.1.11. Big Dutchman (Germany)
11.1.12. EN-CO Software Zrt (Hungary)
11.1.13. Luda Farm AB (Sweden)
11.1.14. AGCO Corporation (US)
11.1.15. Microfan (Netherlands)
11.1.16. Company Overview
11.1.17. Financial Overview
11.1.18. Business Portfolio
11.1.19. SWOT Analysis
11.1.20. Business Strategy
11.1.21. Recent Developments
12. Key Findings
13. Industry Recommendation
