Spain Livestock Monitoring Market Forecast 2022-2028

Spain Livestock Monitoring Market Forecast 2022-2028

KEY FINDINGS

The Spain livestock monitoring market is projected to record a CAGR of 19.59% during the forecast period, 2022-2028. The increasing livestock exports are a key growth driver.

MARKET INSIGHTS

In 2020, the livestock reports reached record levels, propelled by the growing demand from the Asian markets for pork and the Middle East for cattle. In Spain, pigs are mainly raised in Catalonia, Aragon, and Castile-León. At the same time, dairy cows and sheep are raised in the dry southern interior and the Atlantic coastal regions.

Further, the animal feed market growth of the country is attributed to the increasing meat consumption. Spain has one of the most competitive food processing industries in Europe, making it conducive for international food ingredient exporters. Also, technological advancements have enabled the increased production of compound feed.

As per the European Feed Manufacturers’ Federation (FEFAC), Spain was ranked second in Europe for the total compound feed production in terms of farm animals. The meat exports of the country are further propelled by the rising industrial livestock production, and the resultant feed production offers growth opportunities. Such aspects constitute the Spain livestock monitoring market.

COMPETITIVE INSIGHTS

Some of the leading companies in the market include DeLaval, Digitanimal, Innogando, Insylo, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments