Lucintel Forecasts the Global Precision Swine Farming Market to Reach $0.8 billion by 2030
Lucintel Forecasts the Global Precision Swine Farming Market to Reach $0.8 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global precision swine farming
market looks promising with opportunities in the hardware, software, and service
markets. The global precision swine farming market is expected to reach an estimated
$0.8 billion by 2030 from $0.4 billion in 2024, at a CAGR of 10.8% from 2024 to 2030.
The major drivers for this market are implementation of precision feeding techniques in
swine farming, surge in labor costs, prompting a growing demand for automation, and
increasing focus on real-time monitoring and early disease detection.
A more than 150-page report to understand trends, opportunity and forecast in precision
swine farming market to 2030 by offering (farm/barn climate control and monitoring,
swine health monitoring/early disease detection, vaccination and drug delivery, swine
identification and tracking, feeding management, and others), farm size (small farms,
mid-sized farms, and large farms), application (hardware, software, and services), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the offering category, swine health monitoring/early
disease detection is expected to witness the highest growth over the forecast period as
it helps in mitigating the spread of diseases.
Within the application category, service is expected to witness the highest growth
because it helps in enhancing the production efficiency as well as profitability and
reducing overall downtime.
In terms of regions, APAC is expected to witness highest growth over the forecast
period due to shift in dietary preferences and increasing demand for high-quality pork in
the region.
Download sample by clicking on precision swine farming market
Nedap, CTB, Merck & Co, Boehringer Ingelheim Animal Health, Guangzhou Yingzi
Technology, Guangzhou Yingzi Technology, VDL Agrotech are the major suppliers in
the precision swine farming market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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