The eubiotics market is projected to grow from $5.24 billion in 2019 to $7.74 billion by 2025.
The Global Animal Genetics Market - Analysis and Forecast by BIS Research projects the market to grow at a significant CAGR of 6.24% during the forecast period 2019-2024.
The global fermented feed ingredient industry report illustrates that the market is projected to reach $19.18 billion by 2023.
The livestock monitoring & management market is expected to grow from $XX million in the year 2016 to $XX million by 2021 at a CAGR of 17.8% from 2016 to 2021. This growth is highly attributed to the rising awareness among government about the need to elevate livestock produce while taking care about the environment.
Livestock Production Systems
Breeding and rearing of animals in an agricultural set up for the purpose of producing products such as meat, milk, and eggs among other items constitutes the livestock industry. The animals included in these include cattle, sheep, goats, horses, and swine, among others. Although several people are turning toward plant-based foods, still livestock industry holds a significant position in the economy of the region. At BIS Research, studies and analysis are being regularly conducted to understand the technological advancements occurring in the market and their impact on the industry.
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