Newly-released analysis report by Future Market Insights shows that the global wire livestock panels market is expected to reach USD 2.31 billion in 2023. With a CAGR of 7.1% from 2023 to 2033, the market is projected to reach a valuation of USD 4.58 billion by 2033.
The wire livestock panels market is a growing industry, driven by the increasing demand for sustainable and efficient animal husbandry practices. The demand for wire livestock panels, also known as cattle panels or hog panels, is also rising because of the growing preference for fencing solutions for farms and ranches. These are commonly used for containing and separating cattle, pigs and other livestock.
Farmers prefer using these panels since they are made of galvanized wire or plastic-coated wire, which makes them durable and versatile. They are also suitable for various climates and are considered cost-effective solutions for farmers and ranchers.
The market growth is also supported by the increasing demand for meat and dairy products, as well as the growing popularity of small-scale and hobby farming. There is also a growing trend towards sustainable and human farming practices which can be supported by the use of wire livestock panels.
Consumers and farmers are becoming more conscious of the impact of farming on the environment and animal welfare. Therefore, wire livestock panels are becoming more popular as a sustainable and humane alternative to traditional fencing methods.
| Attributes | Details |
|---|---|
| Wire Livestock Panels Market Value (2023) | USD 2.31 billion |
| Wire Livestock Panels Market Expected Value (2033) | USD 4.58 billion |
| Wire Livestock Panels Market Projected CAGR (2023 to 2033) | 7.1% |
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The market has evolved over time in response to changes in the agriculture industry, advances in technology and manufacturing processes, and shifts in consumer demand. Therefore, when compared to the 6.4% CAGR recorded between 2016 and 2022, the wire livestock panels market is predicted to expand at a 7.1% CAGR between 2023 and 2033.
| Short Term (2023 to 2026) | Factors such as increasing livestock production and rising demand for meat and dairy products are expected to drive market growth. |
|---|---|
| Medium Term (2026 to 2029) | The adoption of wire livestock panels for enclosures, pens, and fencing is likely to grow as the industry is becoming more focused on efficiency and cost-effectiveness, as well as animal welfare and safety. |
| Long Term (2029 to 2033) | Innovations in materials, designs, and manufacturing techniques are anticipated to make wire livestock panels more durable, versatile, and affordable over time. This is projected to result in market growth. |
These factors are anticipated to support about a 2X increase in the wire livestock panels market between 2023 and 2033. The market is projected to be worth USD 4.58 billion by the end of 2033, according to FMI analysts.
The global market is anticipated to expand significantly during the forecast period as a result of various key aspects that have been identified. Along with factors influencing the market's expansion, FMI analysts looked at potential threats, tempting opportunities, and restricting factors that may have an impact on the sales of wire livestock panels.
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Principal Consultant
8 Foot Wire Livestock Panels: The New Standard for Animal Containment
Farmers prefer using 8 foot wire livestock panels since they offer several advantages such as:
Farmers and ranchers also adopt 8 foot panels since they can cover a larger area, making it more efficient for enclosing pastures or pens. These panels allow for easy installation and transportation. Furthermore, these panels are often more widely available and easier to find at agro stores. All of these factors make them a convenient choice for farmers and ranchers which are likely to increase the adoption of 8 foot wire livestock panels.
Ranchers’ Secret Weapon: Wire Livestock Panels for Strong and Durable Animal Enclosures
Even though both ranches and private farms use wire livestock panels, it is worth noting that wire livestock panels are more commonly used by ranchers. Wire livestock panels are practical, durable, and cost-effective solutions for ranches looking to contain and manage their animals. Ranches and large commercial farms tend to have a huge livestock population, typically perform larger operations and need to enclose a larger area.
These panels are also relatively lightweight, which makes them easy to move and reposition as needed. This is useful for ranches that need to regularly rotate grazing areas or move animals from one pen to other. Another reason ranches use wire panels is that they are relatively easier to install and can be configured in various ways to suit the needs of the ranch. This makes them an adaptable and flexible option for creating pens, corrals, and other enclosures for different types of livestock.
| Country | United States |
|---|---|
| Market Share (2022) | 30.8% |
| Market Value (2022) | USD 664.5 million |
| Country | Germany |
|---|---|
| Market Share (2022) | 16.1% |
| Market Value (2022) | USD 346.6 million |
| Country | United Kingdom |
|---|---|
| Market Share (2022) | 9.8% |
| Market Value (2022) | USD 211.3 million |
| Country | China |
|---|---|
| Market Share (2022) | 8.5% |
| Market Value (2022) | USD 182.65 million |
| Country | Japan |
|---|---|
| Market Share (2022) | 4.4% |
| Market Value (2022) | USD 94.5 million |
| Country | India |
|---|---|
| Market Share (2022) | 4.0% |
| Market Value (2022) | USD 85.8 million |
North America dominate the global market and the United States holds the predominant share of the market. The United States livestock panels market is a growing one, driven by increasing demand for sustainable and cost-effective fencing solutions for farms and ranches. The market growth can be attributed to the increasing popularity of hobby farms and small-scale agriculture, as well as the need for improved animal containment and protection.
The increasing demand for organic and locally sourced food products has led to a rise in small-scale farming operations, which in turn has driven demand for wire livestock panels. Many farmers and ranchers in the country are now using advanced technology such as GPS and remote monitoring systems to improve the efficiency and productivity of their operations.
The market is highly competitive in the United States, with numerous manufacturers and suppliers offering a wide range of products to meet the demand. Certain leading manufacturers of wire livestock panels in the country include Behlen Country, Cattle Panels, Red Brand and OK Brand.
In the United Kingdom, the market is driven by the growing demand for sustainable and efficient farming practices. In recent years, there has been a growing trend of farmers in the country moving away from traditional wooden fences. Moreover, the demand for these panels is increasing among small and medium-sized farms as these are cheaper than wooden fences. Therefore, with growing awareness among farmers about the benefits of wire livestock panels, the United Kingdom wire livestock panels market is expected to continue to grow in the future.
The market is also characterized by a high degree of innovation and product development. Many companies are investing in research and development to improve the strength, durability and design of their wire livestock panels. This has led to the introduction of new and improved products in the market, such as panels with increased strength and corrosion resistance. Hence, the market in the United Kingdom is projected to reach USD 440.2 million by 2033, exhibiting a CAGR of 7.6%.
The German wire livestock panels market is experiencing significant growth owing to the demand for advanced farming tools and solutions. The German government also plays a role in the growth of the wire livestock panels industry. The government provides subsidies and grants for farmers who want to invest in sustainable and modern farming equipment and infrastructure. This has led to more farmers investing in wire livestock panels as an alternative to traditional wooden fences.
Germany has several large commercial farms and wire livestock panels are ideal solutions for these farms. The market is also expected to benefit from the growing global trend towards large-scale industrial farming. As the demand for food products increases, more farmers are turning to industrial farming methods to increase productivity.
The Chinese wire livestock panels market is projected to surpass USD 317.7 million by 2033, registering a CAGR of 5.7%. The wire livestock panels industry in China has numerous opportunities for growth as the government is promoting modern agriculture technologies and equipment. The government initiatives aim to improve the efficiency and productivity of the country’s agricultural sector.
Another significant reason why the market is growing is the rapidly expanding livestock industry in China. As the country’s economy continues to grow, there is a growing demand for high-quality animal products like meat and milk from consumers. To meet this demand, farmers are under increasing pressure to ensure that the animals are kept in a comfortable and safe environment.
The wire livestock panel industry in Japan is relatively small compared to other countries. However, it’s been steadily growing in recent years. The key factor driving the Japanese wire livestock panels market is the growth of the livestock industry. Since the land in Japan is not suitable for agriculture, livestock farming is a common practice here. Moreover, as the population continues to grow, the number of small-scale farms has been increasing. This in turn is likely to increase the demand for wire livestock panels.
The market in Japan is also driven by the country’s efforts to increase its self-sufficiency in food production. Under its new plan for Sustainable Food Systems, the government has promised to meet several sustainability goals by the year 2050. A least 30% improvement in productivity in the food production industry is also included in this plan. This is likely to increase the number of livestock farms, which in turn is expected to drive product adoption.
Indian wire livestock panels market is growing predominantly in terms of CAGR as more farmers turn to the efficient method of managing their livestock. The market has the potential to play a key role in improving the efficiency of India’s livestock farming industry. Moreover, like other developing countries of the Asia Pacific region, India also has an increasing demand for meat and dairy products.
The population of the country is growing significantly, which in turn additionally increases the demand for animal products. This is expected to increase the size of the livestock industry. This in turn is anticipated to increase the adoption of wire livestock panels in the country. FMI analysts predict that the market in India is estimated to be valued at USD 191.2 million by 2033, exhibiting a CAGR of 8.3%.
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Start-ups in the wire livestock panels sector are likely to notice new prospects in the market throughout the forecast period. This is due to farmers' and ranchers' increased demand as a consequence of their search for more inexpensive alternatives to traditional fence systems.
AgriFence - This start-up offers a wide range of wire livestock panels including hog panels, horse panels and cattle panels. They also provide custom panel fabrication services.
Livestock Secure - It offers a broad range of panels, gates, and other livestock equipment including feeders, waterers, and shelters. They also offer custom fabrication services to meet specific needs.
Top Manufacturers and their Recent Significant Developments in the Market
Manufacturers of wire livestock panels invest money in research and development to create inventive wire panel designs that are suitable for the requirements of specific animals. This includes panels that may be customized with different widths, heights, and other options. Several manufacturers are currently offering wireless systems that enable farmers to monitor and control the panels from a distance.
Priefert Manufacturing is a company that specializes in the production of livestock equipment, including chutes, arenas, fencing, panels and other related products. The company is known for producing high-quality, durable equipment that is widely used by farmers, ranchers and other livestock professionals. They also offer a wide range of accessories and replacement parts for their products.
MJE Livestock Equipment produces the top livestock equipment by scrutinizing each stage of the manufacturing process to assure quality. It has developed economies at every station in its shop, starting with superior materials, to keep prices down without compromising quality. Products made by the company are made to last, from fabrication to welding to painting. In addition to the fence panels, MJE Livestock Equipment also manufactures gates, feeders, waterers, and mineral feeders.
In September 2022, MJE Livestock Equipment officially announced a significant expansion of its Dealer Network. Through these alliances, MJE Livestock Equipment will be accessible to farmers and ranchers throughout the United States.
The market is valued at USD 2.3 billion in 2023.
CK Manufacturing, and Hebei Metal Products Co., Ltd. are the key industry players.
The market held a CAGR of 6.4% from 2016 to 2022.
Increasing demand for meat and dairy products to boost the market prospects.
The market is forecast to register a CAGR of 7.1% through 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Panel Length 5.1. 8 Foot 5.2. 16 Foot 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Ranches 6.2. Private Farms 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 7.1. Direct Sales 7.2. Retail Sales 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. Middle East & Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. CK Manufacturing 16.2. WW Manufacturing 16.3. Behlen Country 16.4. hutchison-inc.com 16.5. MJE Livestock Equipment 16.6. allengateandpanel.com 16.7. Priefert 16.8. Qingdao Hailite Machinery Co., Ltd. 16.9. Hebei Metalx Metal Products Co., Ltd 16.10. Rizhao Borhaf Metal Products Co., Ltd. 17. Assumptions & Acronyms Used 18. Research Methodology
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Wire Livestock Panels Market
