Sign in Subscribe
Agricultural industry

Precision Livestock Farming Market to Reach $12.12 Billion by 2030 at a CAGR of 8.8%

Strategic Insights

— 2 min read

The precision livestock farming market is witnessing significant growth driven by the demand for animal welfare, productivity, and cost efficiency. Farmers are adopting robotic milking systems, monitoring systems, and real-time data analytics to optimize yields and reduce disease risks. The milk harvesting application is expected to hold a significant share during the forecast period, with companies such as Lely and MSD Animal Health driving the market.

Key Takeaways:

  • The precision livestock farming market is projected to reach $12.12 billion by 2030 from $7.94 billion in 2025, at a CAGR of 8.8% from 2025 to 2030.
  • The milk harvesting segment is expected to hold a significant share of the precision livestock farming market during the forecast period, driven by the increasing adoption of automated milking technologies.
  • Dairy farm segment is projected to account for a significant share during the forecast period, driven by the need for automation, efficiency, and improved herd management.
  • North America is expected to hold a significant share of the precision livestock farming market during the forecast period, driven by its advanced agricultural infrastructure and high levels of technological adoption.
  • The increasing focus on sustainability, animal welfare, and supply chain traceability is driving significant demand for Precision Livestock Farming (PLF) solutions, which are necessary to meet evolving consumer expectations and regulatory frameworks.
  • Key players such as DeLaval, GEA Group, Afimilk, and Merck & Co., Inc. are at the forefront of delivering advanced monitoring, health tracking, and automation solutions tailored for dairy, swine, and poultry operations within the region.
  • The report profiles 10 key players such as DeLaval (Sweden), GEA Group (Germany), Afimilk (Israel), Merck & Co., Inc. (US), Nedap N.V. (Netherlands), Lely International (Netherlands), Waikato Milking Systems (New Zealand), Livestock Improvement (New Zealand), Boumatic (US), and Fancom B.V. (Netherlands).
  • The industry is expected to witness significant growth in the coming years, driven by the increasing adoption of technologies such as robotic milking systems, monitoring systems, and real-time data analytics.

Statistics:

  • $12.12 billion: The projected size of the precision livestock farming market by 2030.
  • 8.8%: The CAGR of the precision livestock farming market from 2025 to 2030.
  • $7.94 billion: The size of the precision livestock farming market in 2025.
  • 150: The number of tables in the report.
  • 85: The number of figures in the report.
  • 300: The number of pages in the report.
  • 13,000: The number of global clients that MarketsandMarkets has worked with.
  • 90: The number of top 100 companies in each sector that trust MarketsandMarkets for growth acceleration.
  • 80: The percentage of Fortune 2000 companies that rely on MarketsandMarkets for growth consulting and program management.

Sources:

  • MarketsandMarkets(TM)
  • Forbes
  • MarketsandMarkets research and analysis
  • Delray Beach, FL 33445, USA
  • +1-888-600-6441
  • sales@marketsandmarkets.com
  • [www.marketsandmarkets.com](http://www.marketsandmarkets.com)

Read more