Precision Livestock Farming Market worth $12.12 billion by 2030

According to MarketsandMarkets, The precision livestock farming market is projected to reach USD 12.12 billion by 2030 from USD 7.94 billion in 2025, at a CAGR of 8.8% from 2025 to 2030.

The precision livestock farming market is witnessing rising adoption driven by the demand for animal welfare, productivity, and cost efficiency. Farmers are increasingly deploying robotic milking, precision feeding, and monitoring systems to optimize yields and reduce disease risks, with companies such as Lely and MSD Animal Health driving the market.

The milk harvesting segment is projected to hold a significant share of the precision livestock farming market during the forecast period. This growth is mainly driven by the increasing adoption of automated milking technologies that enhance efficiency, reduce manual labor, and ensure consistent milk quality. Rising global demand for dairy products, along with the need to maximize yield and maintain herd health, further accelerates the transition from conventional to automated milking systems.

Automated solutions enable flexible milking schedules, continuous monitoring of udder health, and precise measurement of milk yield, all of which support better decision-making for herd management. These systems improve productivity and contribute to animal welfare by reducing stress and ensuring optimal milking conditions. In addition, the integration of real-time data analytics with milking processes provides actionable insights that help farmers optimize production and resource utilization. As the dairy industry increasingly adopts digital transformation, milk harvesting technologies are set to be a leading application in precision livestock farming. Their ability to enhance efficiency, profitability, and sustainability makes this segment a crucial driver of market growth.

Within the farm type segment, dairy farms are expected to hold a significant share of the precision livestock farming market during the forecast period, driven by the need for automation, efficiency, and improved herd management. Dairy operations require precise control over milking, feeding, and animal health, and the adoption of technologies such as robotic milking systems, automated feeding solutions, and real-time monitoring tools enables farmers to optimize productivity while reducing labor dependency.