PUBLISHER: Grand View Research | PRODUCT CODE: 1869937
PUBLISHER: Grand View Research | PRODUCT CODE: 1869937
The global precision livestock farming market size was estimated at USD 7.50 billion in 2024 and is projected to reach USD 19.89 billion by 2033, growing at a CAGR of 11.75% from 2025 to 2033. The market is experiencing significant growth, driven by technological advancements in IoT, AI, and sensors.
Factors such as regulatory pressure, food safety concerns, labor shortages, and operational efficiency needs are expected to further fuel the growth. The rapid advancement of Internet of Things (IoT) devices, artificial intelligence (AI), and sophisticated sensors has revolutionized livestock management. These technologies are used to monitor the health and behavior of animals as well as environmental conditions in real time. Sensors can identify early indicators of illness, reproductive cycles, or stress, facilitating timely interventions.
The gathered data is processed by AI algorithms to enhance decisions regarding feeding, breeding, and housing. For instance, in May 2025, Techion's FECPAK delivers instant AI-powered Faecal Egg Count results for livestock, enabling farmers to make timely management decisions, improve herd health, and enhance productivity. In addition, technology integration supports predictive maintenance of equipment and data-driven decision-making, creating smarter and more resilient livestock operations that respond proactively rather than reactively to challenges in animal management.
Governments and international bodies have imposed stricter regulations on animal welfare, traceability, and food safety. Non-compliance can lead to trade restrictions, fines, or reputational damage. This enhanced regulatory scrutiny drives farms to adopt PLF solutions to comply efficiently. For instance, in August 2025, India launched the National Livestock Mission and AHIDF to promote breed improvement, fodder development, innovation, and private investments in dairy, meat, feed, and veterinary facilities, enhancing productivity, sustainability, and support across the livestock sector.
Moreover, the use of real-time monitoring for health, movement, and environmental parameters guarantees that welfare standards are met. Traceability systems like RFID or satellite tags enable detailed data acquisition, which is essential for audits and export approvals. This results in superior adherence to regulations and improved penetration in the market. With rising consumer demand for safe, ethically produced meat and dairy products, the adoption of PLF is further strengthened as a way to achieve both regulatory and market requirements.
Global Precision Livestock Farming Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global precision livestock farming market report based on animal, solution, application, operation, end use, and region: