LIVESTOCK MONITORING MARKET ANALYSIS

Regional Analysis

Global Livestock Monitoring Market: Regional Insights

North America is anticipated to gain considerable growth in the global livestock monitoring market over the forecast period. The regions is witnessing increased spending on animal health, which is further driving the adoption of livestock monitoring technology for animal productions. For instance, as per the USDA, the expenditure on agriculture production was US$ 366.2 billion in 2020. Moreover, the demand for milk production and meat production is increasing in the region. The aforementioned factors are thus expected to fuel growth of the global livestock monitoring market in North America region.

Moreover, Asia Pacific is projected to show promising growth in the global livestock monitoring market over the forecast period. This is owing to growing disposable income, rising population, changing dietary patterns, and rapidly growing urbanization in the region. The livestock production of the region has generated consistent profits. Moreover, the region also has presence of large cattle population. These factors are therefore likely to accelerate the market growth in the regions over the forecast future.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa