Artificial Intelligence in Livestock Farming Market Report 2024 (Global Edition)

Global Artificial Intelligence in Livestock Farming Market Report 2024 Market Size Split by Type (Software, IoT Sensors, Service), by Application (Small and Medium-Sized Farms, Large Sized Farms)

Artificial Intelligence in Livestock Farming Market Report Description

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Competitive Landscape of the Artificial Intelligence in Livestock Farming Market

In the competitive landscape of the Artificial Intelligence in Livestock Farming market, diverse players are actively engaged in developing innovative solutions to address the evolving needs of the industry. Established technology companies, specialized agricultural tech firms, and emerging start-ups contribute to a dynamic ecosystem focused on leveraging AI to enhance livestock management.

Artificial Intelligence in Livestock Farming Industry News

• October 2022 - Microsoft announced, FarmVibes open-sourced by Microsoft Research.AI, a collection of machine-learning models and technologies for sustainable agriculture. FarmVibes.AI comprises data processing methods for merging several kinds of spatiotemporal and geographic data, such as weather data and satellite and drone footage.

(Source: www.infoq.com/news/2022/12/microsoft-farmvibes/)

Top Companies Market Share in Artificial Intelligence in Livestock Farming Industry: (In no particular order of Rank)

• Connecterra
• Rex
• Cainthus
• Vence.
• SmartShepherd
• Quantified AG
• AgriWebb
• BovControl
• BinSentry Inc
• Faromatics
• FarrPro
• H2Oalert
• Hencol
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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In terms of revenue, the North American Artificial Intelligence in Livestock Farming Market share was 40% of the total market

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD 180.48 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. With a technologically advanced agricultural landscape, the region exemplifies a robust adoption of AI-driven solutions in livestock management. The regional analysis underscores the prevalence of precision farming practices, where AI is employed for real-time monitoring, predictive analytics, and disease detection. In North America, large-scale farms particularly dominate the AI integration, leveraging technology for comprehensive herd management. As the largest player, North America's prominence signifies a pivotal role in steering the global trajectory of AI in Livestock Farming, setting industry standards, and driving innovations that contribute to enhanced productivity and sustainability.

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which Asia-Pacific held the fastest growing market of more than 23% of the global revenue with a market size of USD 180.48 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 28.8% from 2023 to 2030. The regional overview showcases a dynamic agricultural landscape with a surge in technology adoption. In Asia-Pacific, small and medium-sized farms are rapidly integrating AI solutions for precision monitoring, optimizing feed management, and improving overall livestock health. This growth is fueled by the increasing demand for sustainable and efficient farming practices. As the fastest region, Asia-Pacific's ascent signifies a transformative shift in the global livestock industry, with AI technologies playing a pivotal role in shaping modern and technologically advanced farming practices, contributing to increased productivity and food security across the region.

The current report Scope analyzes Artificial Intelligence in Livestock Farming Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

North America Artificial Intelligence in Livestock Farming Market

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. With a technologically advanced agricultural landscape, the region exemplifies a robust adoption of AI-driven solutions in livestock management. The regional analysis underscores the prevalence of precision farming practices, where AI is employed for real-time monitoring, predictive analytics, and disease detection. In North America, large-scale farms particularly dominate the AI integration, leveraging technology for comprehensive herd management. As the largest player, North America's prominence signifies a pivotal role in steering the global trajectory of AI in Livestock Farming, setting industry standards, and driving innovations that contribute to enhanced productivity and sustainability.

• According to Cognitive Market Research, the US had a major share in the Artificial Intelligence In Livestock Farming market with a market size of USD XX million in 2023 and is projected to grow at a CAGR of 24.8% during the forecast period. This is majorly due to the growing robust adoption of AI-driven solutions in livestock management. 
• The Canada Artificial Intelligence In Livestock Farming market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 25.8% during the forecast period. This is due to the increased technologically advanced agricultural landscape. 
• The Mexico Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.5% during the forecast period with a market size of USD XX million in 2023.

Europe Artificial Intelligence in Livestock Farming Market

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which Europe market of more than 30% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 25.3% from 2023 to 2030. The regional overview reveals a technologically mature landscape, where European farmers are swiftly adopting AI-driven solutions for precision livestock management. Particularly, the segment gaining prominence in Europe is large-sized farms, leveraging advanced AI technologies for comprehensive herd monitoring and data-driven decision-making. This rapid growth underscores Europe's commitment to sustainable and efficient farming practices, with AI playing a pivotal role. As the fastest region, Europe exemplifies a strategic shift towards modernizing agriculture, enhancing productivity, and ensuring the overall well-being of livestock, contributing to the region's leadership in shaping the global Artificial Intelligence in Livestock Farming landscape.

• According to Cognitive Market Research, the Germany Artificial Intelligence In Livestock Farming market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 25.5% during the forecast period. This is majorly due to the growing technologically mature landscape, and inclusivity also play key roles in sustaining market growth and demand. 
• The United Kingdom Artificial Intelligence In Livestock Farming market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 26.1% during the forecast period. This is due to the increased modernizing agriculture, enhancing productivity, and ensuring the overall well-being of livestock. 
• The France Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 24.5% during the forecast period with a market size of USD XX million in 2023.
• The Italy Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 24.7% during the forecast period with a market size of USD XX million in 2023.
• The Russia Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 24.3% during the forecast period with a market size of USD XX million in 2023.
• The Spain Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 24.4% during the forecast period with a market size of USD XX million in 2023.
• The Portugal Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.1% during the forecast period with a market size of USD XX million in 2023.
• The Luxembourg Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.4% during the forecast period with a market size of USD XX million in 2023.
• The Greece Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.6% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Europe Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 24.0% during the forecast period with a market size of USD XX million in 2023.

Asia Pacific Artificial Intelligence in Livestock Farming Market

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which Asia-Pacific held the fastest growing market of more than 23% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 28.8% from 2023 to 2030. The regional overview showcases a dynamic agricultural landscape with a surge in technology adoption. In Asia-Pacific, small and medium-sized farms are rapidly integrating AI solutions for precision monitoring, optimizing feed management, and improving overall livestock health. This growth is fueled by the increasing demand for sustainable and efficient farming practices. As the fastest region, Asia-Pacific's ascent signifies a transformative shift in the global livestock industry, with AI technologies playing a pivotal role in shaping modern and technologically advanced farming practices, contributing to increased productivity and food security across the region.

• According to Cognitive Market Research, the China Artificial Intelligence In Livestock Farming market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 28.3% during the forecast period. This is majorly due to the growing agricultural landscape with a surge in technology adoption, and inclusivity also plays a key role in sustaining market growth and demand. 
• The India Artificial Intelligence In Livestock Farming market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 30.6% during the forecast period. This is due to the rapid integration AI solutions for precision monitoring, optimizing feed management, and improving overall livestock health. 
• The Japan Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 27.3% during the forecast period with a market size of USD XX million in 2023.
• The South Korea Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 27.9% during the forecast period with a market size of USD XX million in 2023.
• The Australia Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 28.5% during the forecast period with a market size of USD XX million in 2023.
• The South East Asia Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 29.8% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Asia Pacific Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 28.6% during the forecast period with a market size of USD XX million in 2023.

Middle East and Africa Artificial Intelligence in Livestock Farming Market

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which the Middle East and Africa market of more than 2.00% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 26.5% from 2023 to 2030, reflects a nascent yet evolving landscape in the Artificial Intelligence in Livestock Farming market. The regional overview depicts a scenario where technology adoption is gaining momentum, albeit at a measured pace. In the Middle East and Africa, the segment gaining prominence is large-sized farms, incorporating AI solutions for enhanced livestock management. The region's market size indicates a potential for growth as awareness and infrastructure develop. The Middle East and Africa's exploration of AI in Livestock Farming signifies a commitment to modernize agricultural practices, laying the foundation for technological advancements that can contribute to sustainable and efficient livestock farming practices across the region.

• According to Cognitive Market Research, the GCC Countries Artificial Intelligence In Livestock Farming market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 27.3% during the forecast period. This is majorly due to the growing technology adoption is gaining momentum, albeit at a measured pace, and inclusivity also plays a key role in sustaining market growth and demand. 
• The South Africa Artificial Intelligence In Livestock Farming market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 27.5% during the forecast period. This is due to the increased awareness and infrastructure development. 
• The Egypt Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 26.8% during the forecast period with a market size of USD XX million in 2023.
• The Turkey Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 26.0% during the forecast period with a market size of USD XX million in 2023.
• The Nigeria Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.6% during the forecast period with a market size of USD XX million in 2023.
• The Rest of the MEA Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.5% during the forecast period with a market size of USD XX million in 2023.

South America Artificial Intelligence in Livestock Farming

According to Cognitive Market Research, the global Artificial Intelligence In Livestock Farming market size was estimated at USD XX Billion out of which Latin America  market of more than 5% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 26.2% from 2023 to 2030. The regional overview portrays an agricultural landscape where technology adoption is gaining traction. In Latin America, the segment gaining attention is small and medium-sized farms, leveraging AI solutions for cost-effective precision farming. Despite a modest market share, Latin America showcases potential for transformative advancements in livestock management. As the region invests in technological integration, the market is poised for growth. Latin America's journey in embracing AI in Livestock Farming reflects a commitment to modernizing agriculture, fostering sustainability, and contributing to the broader global evolution of intelligent and efficient farming practices.

• According to Cognitive Market Research, the Brazil's Artificial Intelligence In Livestock Farming market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 26.8% during the forecast period. This is majorly due to the growing technology adoption is gaining traction, and inclusivity also plays a key role in sustaining market growth and demand. 
• The Argentina Artificial Intelligence In Livestock Farming market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 27.1% during the forecast period. This is due to the increased modernization of agriculture, fostering sustainability, and contributing to the broader global evolution of intelligent and efficient farming practices. 
• The Colombia Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 26.0% during the forecast period with a market size of USD XX million in 2023.
• The Peru Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 26.4% during the forecast period with a market size of USD XX million in 2023.
• The Chile Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 26.5% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Latin America's Artificial Intelligence In Livestock Farming market is projected to witness growth at a CAGR of 25.3% during the forecast period with a market size of USD XX million in 2023.

Artificial Intelligence in Livestock Farming Market Analysis

Artificial Intelligence in Livestock Farming Type Segment Analysis

According to Cognitive Market Research, software solutions stand out as the dominant category, revolutionizing livestock management practices. Advanced AI-driven software provides farmers with comprehensive tools for precision monitoring, predictive analytics, and herd management. These software solutions enable real-time data analysis, allowing farmers to make informed decisions related to animal health, nutrition, and overall farm operations. The dominance of software highlights the pivotal role it plays in transforming traditional farming approaches, enhancing productivity, and ensuring the well-being of livestock through intelligent insights and actionable data.

IoT sensors emerge as the fastest-growing category, accelerating the adoption of precision farming practices. These sensors, equipped with AI capabilities, collect and transmit real-time data on animal behavior, health parameters, and environmental conditions. The rapid growth of IoT sensors reflects the industry's shift towards precision livestock monitoring, where farmers leverage data-driven insights to optimize feeding strategies, detect diseases early, and enhance overall herd management. The integration of IoT sensors exemplifies the industry's commitment to leveraging cutting-edge technologies for efficient and sustainable livestock farming practices.

• Software
• IoT Sensors
• Service

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Artificial Intelligence in Livestock Farming Application Segment Analysis

According to Cognitive Market Research, large-sized farms emerge as the dominant category in terms of AI adoption. The expansive scale of large farms allows for greater investment capacity, enabling them to deploy advanced AI technologies for comprehensive livestock management. AI applications on large farms include precision monitoring, predictive analytics, and automated decision-making, contributing to increased operational efficiency and enhanced productivity. The dominance of large-sized farms underscores their pivotal role in driving the widespread integration of AI technologies, setting the benchmark for innovative practices that benefit overall herd health and farm sustainability.

Small and medium-sized farms represent the fastest-growing category in the adoption of AI solutions within the Livestock Farming market. While traditionally facing resource constraints, advancements in user-friendly and cost-effective AI technologies cater to the specific needs of smaller farms. These solutions empower smaller operators with tools for precision livestock monitoring, disease detection, and optimized resource management. The rapid growth in AI adoption among small and medium-sized farms signifies a democratization of advanced technologies, contributing to increased efficiency, sustainability, and competitiveness in the broader livestock farming industry.

• Small and Medium-Sized Farms
• Large Sized Farms

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Artificial Intelligence in Livestock Farming market report 2024 Edition by contacting our team.

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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