Global Smart Breeding Market Growth (Status and Outlook) 2023-2029

Global Smart Breeding Market Growth (Status and Outlook) 2023-2029

According to our LPI (LP Information) latest study, the global Smart Breeding market size was valued at US$ 1715.9 million in 2022. With growing demand in downstream market, the Smart Breeding is forecast to a readjusted size of US$ 2618.5 million by 2029 with a CAGR of 6.2% during review period.

The research report highlights the growth potential of the global Smart Breeding market. Smart Breeding are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Breeding. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Breeding market.

Smart livestock breeding is the management of the entire process. From agricultural breeding, acquisition, processing, transportation, and sales, all links are visualized and managed to achieve comprehensive and intelligent management of livestock breeding, providing scientific and technological support for government supervision and enterprise management. , Intelligent livestock and poultry breeding achieves the goals of healthy breeding, saving costs, reducing labor, saving energy and reducing consumption by changing on-site environmental conditions and remotely controlling equipment.

According to the United Nations Food and Agriculture Organization, the livestock industry provides food that contributes 34% of protein and 17% of calorie intake in the global diet. By 2050, the world's population is expected to reach 10 billion, and demand for livestock products is expected to grow by 39%. The OECD estimates that world meat production will increase by 5% in 2021, reaching approximately 339 million tons, and imports will reach 40 million tons. Major meat exporting countries such as Brazil, the European Union, and the United States meet most of the import demand. As population and per capita income grow, meat consumption is expected to continue to increase in the coming years. China is the world's largest meat consumer and producer. The "China Agricultural Outlook Report (2023-2032)" shows that China's meat production and consumption maintain growth, and imports first increased and then decreased. During the outlook period, as the meat industry gradually transforms and upgrades, the supply capacity of the livestock and poultry industry will increase and output will maintain growth. According to data from the National Bureau of Statistics, the added value of China's agriculture, forestry, animal husbandry and fishery will reach 9,258.2 billion yuan in 2022, a year-on-year increase of 4.3%, accounting for 7.65% of GDP. The livestock industry grew steadily throughout the year. The annual output of pig, beef, mutton and poultry was 92.27 million tons, an increase of 3.8% over the previous year.

Key Features:

The report on Smart Breeding market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Breeding market. It may include historical data, market segmentation by Type (e.g., Software, Hardware), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Breeding market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Breeding market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Smart Breeding industry. This include advancements in Smart Breeding technology, Smart Breeding new entrants, Smart Breeding new investment, and other innovations that are shaping the future of Smart Breeding.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Breeding market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Breeding product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Breeding market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Breeding market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Breeding market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Breeding industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Breeding market.

Market Segmentation:

Smart Breeding market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Software
Hardware

Segmentation by application
Farm
Company

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ro-main
Convisosmart
Huawei
Jiangsu Xigu Network Technology Co., Ltd.
Shenzhen Aoyuexin Technology Co., Ltd.
Alibaba
Shenzhen Vp Information Technology Co., Ltd.
Chengdu Ruixu Electronic Technology Co., Ltd.
Guangzhou Jiankun Network Technology Development Co., Ltd.
Vision Century (Beijing) Technology Co., Ltd.

Please note: The report will take approximately 2 business days to prepare and deliver.