Precision Swine Farming Market Report: Trends, Forecast and Competitive Analysis to 2030

Precision Swine Farming Trends and Forecast

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 $0.84 billion by 2030 with 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 is developed to help in your business decisions.

Precision Swine Farming by Segment

The study includes a forecast for the global precision swine farming by offering, farm size, application, and region.

Precision Swine Farming Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Farm/Barn Climate Control and Monitoring
• Swine Health Monitoring/Early Disease Detection
• Vaccination and Drug Delivery
• Swine Identification and Tracking
• Feeding Management
• Others

Precision Swine Farming Market by Farm Size [Shipment Analysis by Value from 2018 to 2030]:

• Small Farms
• Mid-Sized Farms
• Large Farms

Precision Swine Farming Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Precision Swine Farming Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Precision Swine Farming Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies precision swine farming companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the precision swine farming companies profiled in this report include-

• Nedap
• CTB
• Merck & Co
• Boehringer Ingelheim Animal Health
• Guangzhou Yingzi Technology
• Guangzhou Yingzi Technology
• VDL Agrotech

Precision Swine Farming Market Insights

Lucintel forecasts that 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 this market, service is expected to witness the highest growth because it helps in enhancing the production efficiency as well as profitability and reducing overall downtime.

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.

Features of the Global Precision Swine Farming Market

Market Size Estimates: Precision swine farming market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Precision swine farming market size by offering, farm size, application, and region in terms of value ($B).

Regional Analysis: Precision swine farming market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offerings, farm sizes, applications, and regions for the precision swine farming market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the precision swine farming market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the precision swine farming market size?

Answer: The global precision swine farming market is expected to reach an estimated $0.84 billion by 2030.

Q2. What is the growth forecast for precision swine farming market?

Answer: The global precision swine farming market is expected to grow with a CAGR of 10.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the precision swine farming market?

Answer: 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.

Q4. What are the major segments for precision swine farming market?

Answer: The future of the precision swine farming market looks promising with opportunities in the hardware, software, and service markets.

Q5. Who are the key precision swine farming market companies?

Answer: Some of the key precision swine farming companies are as follows.

• Nedap
• CTB
• Merck & Co
• Boehringer Ingelheim Animal Health
• Guangzhou Yingzi Technology
• Guangzhou Yingzi Technology
• VDL Agrotech

Q6. Which precision swine farming market segment will be the largest in future?

Answer: Lucintel forecasts that 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.

Q7. In precision swine farming market, which region is expected to be the largest in next 5 years?

Answer: 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.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the precision swine farming market 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)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?