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The precision livestock farming market is estimated to be worth USD 3.1 billion in 2020 and projected to reach USD 4.8 billion by 2025, at a CAGR of 9.0%. The implementation of IoT- and AI-enabled devices for livestock monitoring, surging labor costs and rising demand for automation in livestock industry, increasing focus on real-time monitoring and early disease detection, andgrowing demand for protein and dairy products have become the prominent factors for the growth of the precision livestock farming market globally.

The major players in the market with a significant presence across various geographies in the precision livestock farming market are DeLaval (Sweden), Allflex (Israel), GEA Farm Technology (Germany), Afimlik (Israel) and BouMatic (US). The companies have adopted various strategies in order to grow in the precision livestock farming market, such as the introduction of technologically advanced products, integration of emerging technologies such as IoT, AI and machine learning, partnerships, collaborations and acquisitions. The organic and inorganic strategies have reaped fruits for the players in the market as it has led to market and product line expansion for the companies in the precision livestock farming market.

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DeLaval (Sweden) is a leading developer, manufacturer, and distributor of dairy farming technology and solutions. The company is one of the prominent subsidiaries of Tetra Laval International, having a presence in more than 100 countries worldwide. It is a market leader in providing integrated milking solutions for milk production and animal husbandry to farmers worldwide. DeLaval has a strong focus on innovation and is backed by robust R&D. DeLaval operates its global animal husbandry business through 4 key segments—milking, hygiene, original parts, and farm supplies. It supplies highly efficient system solutions for milking herd management, animal traffic control, feeding, cooling, manure handling, ventilation, and energy recovery. The company has a strong presence in North America, Latin America, East Asia, Oceania, Europe, and the Middle East and Africa.

Allflex (Israel) is a wholly owned and separately operated subsidiary within the MSD Animal Health Division. Allflex is a leader in the design, development, manufacturing, and delivery of solutions used for animal identification, monitoring, and traceability. The solutions are used by farmers and several organizations to manage herd. The company’s solutions deliver farm livestock intelligence and actionable management information to farmers, empowering them to take corrective decisions on time and safeguard animal’s health and wellbeing with optimum production. Allflex has a livestock portfolio of digital products within MSD Animal Health. Allflex has its presence in the Americas, Europe, APAC, and several countries in the Middle East and Africa. The solutions offered by the company are used for livestock identification, livestock monitoring, milking point automation, and several smart data solutions.

GEA Farm Technology (Germany) GEA Farm Technology is a subsidiary of GEA Group. The company develops, innovates, and markets a wide range of dairy farming products and solutions. GEA Farm Technology has operations in North America, Latin America, Eastern Europe, Western Europe, the Middle East, Africa, and APAC. GEA caters to various industries such as beverages, dairy, chemical, dairy farming, environment, food, home and personal care, marine, oil & gas and energy, pharma & healthcare, and refrigeration & heating. GEA Farm Technology provides key products and solutions to the dairy farming industry such as milking robots, barn equipment, feeding systems, herd management, hygiene & service, manure management, milking cooling and storage, milking equipment, milking parlors, and milking rotaries. The company is a major player in the field of identification and tracking of livestock, herd management software, and milking parlors, giving tough competition to its peers. The dairy farming segment of GEA Farm Technology is one of the key revenue-generating segments of the company, providing state-of-the-art products and solutions.

Afimilk (Israel), is a global leader in developing, manufacturing, and marketing advanced computerized systems for modern dairy farms and herd management with its presence in more than 50 countries. It offers dairy herd management, automation, milking parlor, sheep and goat management, and stanchion barn milking products. Afimilk has set a benchmark across the world by installing numerous milk meters and behavior sensors in the dairy farming industry. It is a market leader in software management and sensor technology. AfiFarm, the company’s fully integrated dairy farm management software, helps farmers by providing various real-time information such as their herd’s health and fertility, milk quality, and productivity, as well as other critical factors. The company’s systems have been installed on thousands of farms in around 50 countries across 5 continents. Afimilk has its presence in North America, Central America, South America, Europe, Asia, the Middle East and Africa, Australia, and New Zealand. A few of its key subsidiaries are Silent Herdsman Holdings Limited (UK) and Afimilk USA Inc. (US).

BouMatic (US), is a leading designer, manufacturer, and supplier of the highest quality milking systems and dairy farm equipment, including milking parlors, herd management systems, milk cooling systems, dairy hygiene chemicals, udder healthcare products, hoof-care products, and dairy supplies and dairy equipment spare parts. The company sells its products through a network of dealers present in more than 30 countries. The company has its operations in Belgium, Denmark, China, Argentina, New Zealand, Brazil, and India. BouMatic offers its products to dairy farm producers through a network of distributors in North America, Europe, Asia, and the Middle East and Africa. The vast expertise and experience of BouMatic have been utilized by BouMatic Robotics for the deployment of robots in the modern dairy industry. The company has its assembling factory in Netherlands where it manufactures robots with precision. BouMatic is a leading provider of bulk cooling systems, automated milking systems, robotic milking systems, a full line of sanitation products, and integrated computerized management systems.

Related Reports:

Precision Livestock Farming Market with COVID-19 Impact Analysis by System Type, Application (Milk Harvesting, Feeding, Health), Offering (Hardware, Software, Services), Farm Type (Dairy, Swine, Poultry), Farm Size, and Geography - Global Forecast to 2025

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