PUBLISHER: Grand View Research | PRODUCT CODE: 1728470
PUBLISHER: Grand View Research | PRODUCT CODE: 1728470
The global livestock farm equipment market size is anticipated to reach USD 21.5 billion by 2030 and is anticipated to expand at a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for high-quality animal-based products, fueled by population growth and urbanization, is pushing farmers to invest in modern equipment for tasks like feeding, milking, and monitoring their livestock is a major factor contributing to the market growth. The expansion of global food supply chains also plays a significant role in this trend, as it requires efficient and standardized operations to meet international demands.
In addition, the rising global consumption of dairy, meat, and eggs is creating a stronger need for more effective farming operations. To keep up with this demand, many farmers are turning to automated systems for feeding, cleaning, and milking, which not only boost productivity but also help lower labor expenses. Furthermore, technological developments such as IoT, artificial intelligence (AI), and smart sensors are transforming livestock management by enabling real-time tracking and more effective use of resources. These tools not only enhance productivity but also improve animal health management.