The Global Animal AgTech Market is projected to reach USD 4.6 billion by 2030, growing at a CAGR of 14.9% from 2022 to 2030. The global animal agriculture industry has been facing several challenges in recent years, including the need to meet increasing demand for animal-based products while reducing environmental impact and improving animal welfare. These challenges have led to the emergence of Animal AgTech, a sector that is utilizing technology to improve livestock farming practices, increase productivity and efficiency, and reduce the industry’s environmental footprint.
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The Animal AgTech market’s growth is driven by various factors, including the increasing demand for animal-based products, the need to improve the quality of animal products, and the rising focus on animal welfare. The use of technology in livestock farming can help in reducing the environmental impact of animal agriculture by improving resource efficiency, reducing waste, and decreasing greenhouse gas emissions. Additionally, the adoption of precision livestock farming technology can help in the early detection of diseases and thus, reduce the use of antibiotics in animal agriculture.
The high cost of Animal AgTech solutions is a significant restraint for the market’s growth, especially in developing countries, where small-scale farmers dominate the livestock farming sector. Additionally, the lack of awareness about the benefits of Animal AgTech solutions among farmers and the lack of skilled labor to operate these technologies can also hamper the market’s growth.
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Key Players Influencing the Animal AgTech Market:
AGDATA Australia, AgriWebb, Armenta, BinSentry Inc., CattleMax, Chetu Inc., Farmbrite, Folio3 Software Inc., Global Livestock Management Systems LLC, Landmark Systems, Livestocked, Moonsyst International, Nedap Livestock Management, Simple Ag Solutions, Inc., Telit, White Mountains Livestock Company LLC, Other Market Participants.
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Our 420+ Pages Report titled, Animal AgTech Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global Animal AgTech Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
- Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
- The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Animal AgTech Market Segmentation:
Offering
- Solutions
- Services
Deployment
- Cloud
- On Premise
Platform
- Web-based
- App-based
Farm Size
- Small and Medium Farms
- Large Farms
Application
- Nutrition and Feed Management
- Livestock Tracking and Location Management
- Inventory and Supply Chain
- Breeding Management
- Animal Health Monitoring
- Farm Security and Monitoring
- Others
Farm Type
- Cattle
- Swine
- Poultry
- Goats and Sheep
- Mixed Farms
- Others
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