Unlocking Opportunity: The Next Phase for Livestock Monitoring After Tariff Disruptions
The Trump-era tariffs, especially those imposed on Chinese goods, marked a significant turning point for various sectors in the U.S. economy and the livestock monitoring market was no exception. As tariffs disrupted supply chains, increased the cost of imported components, and forced companies to recalibrate their sourcing strategies, many agri-tech businesses faced a period of uncertainty.
Yet,...
Precision Livestock Farming Market: Growth Drivers, Challenges, and Opportunities
The precision livestock farming (PLF) market is transforming traditional animal farming through the use of smart technologies such as AI, IoT, big data analytics, and automation. As the demand for high-quality animal products continues to rise, precision livestock farming is emerging as a crucial solution for improving productivity, animal health, and resource efficiency. While the market is experiencing...
Precision Livestock Farming Market worth $4.6 billion by 2024 with a growing CAGR of 9.2%
Precision Livestock Farming Market worth $4.6 billion by 2024 with a growing CAGR of 9.2%
The precision
livestock farming market is estimated to be worth USD 3.0 billion in 2019 and
is projected to reach USD 4.6 billion by 2024, at a CAGR of 9.2% from 2019 to 2024.
The major drivers for the precision livestock farming market are increasing consolidation
of livestock farms, rising herd size of dairy...