Livestock feeding systems market size is forecasted to increase by USD 2,583.84 million

The livestock feeding systems market size is forecasted to increase by USD 2,583.84 million from 2022 to 2027, at a CAGR of 7.12%, according to the recent market study by Technavio. The growth of the market will be driven by the rising population of cattle in farms, the shift toward fresh meat products, and the presence of regulations.

The livestock monitoring market share should rise by USD 9.66 billion from 2022 to 2026 at a CAGR of 22.34%. Furthermore, this report extensively covers market segmentation by component (hardware, software, and services) and geography (North America, Europe, APAC, MEA, and South America).

The RFID tags for livestock management market share is expected to increase by USD 732.08 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 9.05%. Furthermore, this report extensively covers RFID tags for livestock management market segmentation by type (cattle, goats and sheep, and others) and geography (North America, Europe, APAC, South America, and MEA).