Livestock Farm Equipment Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
Analysis from GMI Research finds that the Livestock Farm Equipment Market earned revenues of USD 18.4 billion in 2022 and forecast to touch USD 24.8 billion in 2030 will grow at a CAGR of 3.8% from 2023-2030
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Livestock Farm Equipment Market Drivers
Expansion across the livestock industry and increasing implementation of advanced technologies in the agriculture industry to improve operational efficiency are forecast to expand the livestock farm equipment market growth. The growing adoption of livestock farm equipment for feeding, milking, monitoring and cleaning tasks of animals to increase the efficiency and ensure optimized management of livestock will further augment the market growth. In addition, increasing consumption of meat products, dairy, and eggs is another factor driving the Livestock Farm Equipment Market Share. For example, the number of chickens raised in increased by more than 3.0 billion between 2013 and 2018. Moreover, ongoing technological advancements which include the integration of the Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) with the connected devices and the use of advanced technologies by farm owners like sensors and smart radio-frequency identification (RFID) tags to track the animals with real-time alerts through smartphone applications are propelling the market growth. Factors including the growing expenditure capacities of the consumers on agriculture equipment and strategic government norms will surge the Livestock Farm Equipment Market Size.
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Product Type – Segment Analysis
Feed equipment segment is projected to witness a higher growth over the upcoming years, owing to the increasing use of feeders by operators of dairy, poultry, and swine farms. Moreover, with the increase in the number of chickens raised across the world, the demand for feeders will increase, as they play an important role in increasing the livestock yield, driving the segment’s size.
End-users – Segment Analysis
Poultry farms are anticipated to expand at a faster CAGR over the upcoming years. With the growing concerns pertaining health, the consumption of food with high protein content such as chicken meat has increased. Thus, in order to fulfil the growing demand for poultry meat and eggs the need for effective equipment has stimulated, driving the segment’s growth. The application of advanced poultry equipment in poultry farms reduces manual intervention and saves additional labor costs, fueling the market growth.
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Regional – Segment Analysis:
Asia Pacific region is forecast to witness a higher CAGR over the forecast period, owing to the increasing livestock primarily across India and China. Emerging need for farm automation and growing government support to encourage the expansion of agriculture industry will further expand the market growth. Besides, Europe is projected to hold a larger share over the forecast period. Increasing imports and exports of agricultural machinery and the presence of leading players is estimated to pave the way for European market.
Top Market Players
Various notable players operating in the market, include, Afimilk Ltd, Bob-White Systems, FarmTek,, Hi-Hog Farm & Ranch Equipment LTD, IAE, Murray Farmcare Ltd., Pearson International LLC, Real Tuff Livestock Equipment., Royal Livestock Farms, India., Texha, among others.
Key Developments:
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- In Feb 2022, M&M had collaborated with Japanese and European companies to produce harvesters, tractor implements, and rice transplanters. M&M has acquired the majority ownership in Turkish companies that provide equipment for the land preparation, crop care, sowing, harvesting, and post-harvesting.
Segments covered in the Report:
The global Livestock Farm Equipment Market has been segmented on the basis of Product Type, End-users, and regions. Based on Product Type, the market is segmented into Housing Equipment, Egg Handling Equipment, Feed Equipment, Milking Equipment, Livestock Handling, Cleaning Equipment and Others. Based on End-users, the market is segmented into Dairy Farm, Swine Farm, Poultry Farm and Others.
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Report Coverage |
Details |
| Market Revenues (2022) |
USD 18.4 billion |
| Market Base Year |
2022 |
| Market Forecast Period |
2023-2030 |
| Base Year & Forecast Units |
Revenues (USD billion) |
| Market Segment | By Product Type, By End-users, By Region |
| Regional Coverage | Asia Pacific, Europe, North America, and RoW |
| Companies Profiled | Afimilk Ltd, Bob-White Systems, FarmTek,, Hi-Hog Farm & Ranch Equipment LTD, IAE, Murray Farmcare Ltd., Pearson International LLC, Real Tuff Livestock Equipment., Royal Livestock Farms, India., Texha, among others; a total of 10 companies covered. |
| 25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Livestock Farm Equipment Market by Product Type
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- Housing Equipment
- Egg Handling Equipment
- Feed Equipment
- Milking Equipment
- Livestock Handling
- Cleaning Equipment
- Others
Global Livestock Farm Equipment Market by End-users
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- Dairy Farm
- Swine Farm
- Poultry Farm
- Others
Global Livestock Farm Equipment Market by Region
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North America Livestock Farm Equipment Market (Option 1: As a part of the free 25% customization)
- By Product Type
- By End-users
- US Market All-Up
- Canada Market All-Up
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Europe Livestock Farm Equipment Market (Option 2: As a part of the free 25% customization)
- By Product Type
- By End-users
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
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Asia-Pacific Livestock Farm Equipment Market (Option 3: As a part of the free 25% customization)
- By Product Type
- By End-users
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
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RoW Livestock Farm Equipment Market (Option 4: As a part of the free 25% customization)
- By Product Type
- By End-users
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Global Livestock Farm Equipment Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Afimilk Ltd
- Bob-White Systems
- FarmTek,
- Hi-Hog Farm & Ranch Equipment LTD
- IAE
- Murray Farmcare Ltd.
- Pearson International LLC
- Real Tuff Livestock Equipment.
- Royal Livestock Farms, India.
- Texha
Frequently Asked Question About This Report
Livestock Farm Equipment Market [UP3475-001001]
The growth rate of Livestock Farm Equipment Market during forecast period is 3.8%.
The top players in the Livestock Farm Equipment Market are, Afimilk Ltd, Bob-White Systems, FarmTek,, Hi-Hog Farm & Ranch Equipment LTD, IAE, Murray Farmcare Ltd., Pearson International LLC, Real Tuff Livestock Equipment., Royal Livestock Farms, India., Texha, among others.
The Asia-Pacific region is expected to grow at a higher CAGR rate in the Livestock Farm Equipment Market during the forecast period. The APAC region has the largest livestock in the world India and China particularly contribute to large livestock as compared to other countries.
The poultry farms are projected to grow at a higher CAGR rate in the livestock farm equipment market, increasing consumption of chicken meat and eggs due to the high protein content and other health benefits.
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