Livestock Identification Market Size, Share, Future Trends, Analysis Report and Forecast 2023-2030

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The Global Livestock Identification market was valued at USD 1.92 billion in 2023 and is expected to reach USD 4.11 billion by the year 2030, at a CAGR of 11.48%.

Livestock identification or simply animal identification (ID) refers to the record-keeping of individual farm animals or groups of farm animals so that they can be easily tracked from their birth throughout the complete marketing chain. An ID was used in the past to indicate ownership and prevent theft, but due to the reasons like animal health and/or food safety concerns, the need for identifying and tracking animals has evolved at a very great level. It provides limited information related to movements from the animal's birth to its slaughter and processing location. the proper identification of animals is becoming increasingly essential. Proper identification helps the producer to keep comprehensive records of milk production, reproduction, and any health problems and the efficient maintenance of this information requires a permanent identification system.

 

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Top Key Players of Livestock Identification Market:

CAISLEY International (Germany), Kupsan Tag Company (Turkey), Afimilk (Israel), Livestock Improvement Corporation (New Zealand), Allflex (Part of Merck) (US), Zoetis (US), Leader Products (Australia), Nedap (Netherlands), Cainthus (Ireland), Connecterra (Netherlands), DeLaval (Sweden), Moocall (Ireland), Cowlar (US), Datamars (Switzerland), Others major Players.

 

The latest research on the Livestock Identification market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Livestock Identification industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Livestock Identification market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

 

Livestock Identification Market Segmentation:      

By Component Type

·         Hardware

·         Software

·         Services

 

By Animal Type

·         Cattle

·         Poultry

·         Swine

·         Equine

·         Others

 

By Application

·         Milk Harvesting

·         Breeding Management

·         Feeding Management

·         Animal Health Monitoring & Comfort

·         Heat Stress

·         Behavior Monitoring

·         Others

 

By Region

·         North America (US, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

 

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Market Driver:

The increasing demand for livestock identification products can be largely attributed to the rising livestock farming. With the increasing number of dairy cows, pigs, and poultry needed to meet the growing global demand for dairy products and meat, there has been a surge in the need for Livestock Identification and traceability.

 

Research Objectives:

·         Estimates and forecast the overall Livestock Identification market size for the total market, across product, service type, type, end-user, and region

 

·         Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

 

·         Identify factors influencing Livestock Identification market growth and challenges, opportunities, drivers and restraints

 

·         Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

 

·         Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall Livestock Identification market

 

·         Identify the primary Livestock Identification market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

 

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