Livestock Identification Market Research Report Information By Product Type (Ear Tags, Microchips, Bolus Tags, RFID Tags, Neck Tags, and Others), By Animal Type (Cattle, Poultry, Equine, Swine, Sheep & Goats, and Others), By Technology (RFID (Radio Frequency Identification), GPS (Global Positioning System), Barcode, and Others), By Application (Disease Management and Control, Meat & Milk Traceability, Breeding Record, and Animal Ownership Identification), By Component (Hardware, Software, and Services) And By Region (North America, Europe,

Livestock Identification Market Overview

The Livestock Identification Market size is projected to grow from USD 4.5 billion in 2024 to USD 8.7 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.00% during the forecast period (2024 - 2032). Additionally, the market size for Livestock Identification was valued at USD 4.1 billion in 2023.

The growing use of IoT and RFID technology for livestock monitoring and the increasing emphasis on the health and production of livestock are the primary drivers that are propelling the market's expansion.

Figure 1: Livestock Identification Market Size, 2023-2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Livestock Identification Market Trends

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  Growing integration with farm management software is driving market growth

  
  

Farm management software and livestock ID systems are becoming more and more connected to enable consolidated data analysis and insights into overall farm operations. Players in the market are working together with farm management firms or creating integrated platforms that make this integration possible. One significant trend propelling the growth of global farm management, for instance, is the increasing integration of cutting-edge technology like VRT, GPS, and different mapping and data management software into farm management systems. These instruments facilitate accurate and effective farming operations that aim to optimize production while simultaneously minimizing costs, which helps to maximize land fertility and increase profitability. As the sector keeps innovating and implementing smart agricultural technologies, this trend presents huge investment prospects.

There is a growing need for livestock identification tags with various uses beyond identification, such as health tracking, herd management, and other uses utilizing sensors and connectivity to farming software, among others. In 2022, for example, the animal intelligence business Antelliq introduced a subscription-based version of its SenseHub monitoring system, which measures temperature, motion, and animal ID, in addition to providing top-notch equipment for animal identification and traceability.

The rising daily consumption of poultry products is driving the expansion of this segment. According to Statista's 2021 report, the world's meat consumption doubled to 324 million metric tons in 2020. Though at a slower rate than in the previous ten years, poultry meat will still be the main factor driving the rise of meat production in 2021, according to data released by the Organization for Economic Cooperation and Development. Furthermore, the anticipated global meat consumption by 2030 is 371,675 kt.

The robust demand for poultry products and the rising consumer awareness of high-quality products are the main causes of the increased need for animal health and monitoring. The US Census Bureau projects that by 2060, there will be 417 million people living in the US, up from 319 million in 2014. As the population increases, there will probably be an even greater need for poultry products. Thus driving the Livestock Identification market revenue.

Livestock Identification Market Segment Insights

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  Livestock Identification Product Type Insights

  
  

Based on Product Type, the Livestock Identification Market segmentation includes ear tags, microchips, bolus tags, RFID tags, neck tags, and others. In 2023, the ear tags segment dominated the market. Ear tags are becoming increasingly popular in the cattle business due in large part to the increasingly strict rules and traceability requirements. To guarantee the security and openness of the cattle supply chain, governments and regulatory agencies around the globe are enforcing consistent identifying techniques. An effective and practical way to follow these rules is by using ear tags, which make it possible to track and uniquely identify individual animals.

The microchips category is anticipated to be the fastest growing. Each animal is assigned a unique microchip identification code, which makes it possible to track and control the animal precisely throughout its existence. This enables farmers to keep an eye on each person's productivity, breeding, and health.

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  Livestock Identification Animal Type Insights

  
  

Based on Animal Type, the Livestock Identification Market segmentation includes cattle, poultry, equine, swine, sheep & goats, and others. In 2023, the cattle category generated the most income. Profitability and maximum productivity in the cattle industry depend on accurate livestock identification. Large and medium-sized cattle farms require expensive and time-consuming manual identification and management. Thus, automated systems for identifying livestock are preferred to human methods for identification and management. For cattle to be owned and sold, livestock identification is essential. With their help, farmers may decide how best to run their livestock operations in order to increase output. The demand for cattle identification systems is also rising due to the growth in the world's cow population. There were 1.0 billion cattle worldwide in 2021, up 1.3% from 2020, according to a USDA report.

The livestock identification segment market for poultry is anticipated to grow fastest during the forecast period. Identification is essential to poultry breeding programs because it allows for the maintenance of pedigrees and the selection of breeding stock based on desirable characteristics, including growth rate, egg output, and disease resistance. Accurate identification guarantees the integrity of breeding records and genetic improvement initiatives.

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  Livestock Identification Technology Insights

  
  

Based on Technology, the Livestock Identification Market segmentation includes RFID (radio frequency identification), GPS (global positioning system), barcode, and others. The RFID (radio frequency identification) category leads the market. RFID technology makes rapid and precise identification of individual animals possible, which is crucial for the management and control of disease. RFID tags give authorities the ability to track the movements of diseased animals during an outbreak and to put specific control measures in place to stop the disease's spread.

The livestock identification market’s GPS (global positioning system) segment is anticipated to grow fastest during the projection period. GPS technology is essential to precision livestock farming because it allows farmers to gather geographical data on topography, vegetation cover, and soil fertility. In order to increase productivity and sustainability, this data is used to optimize grazing patterns, resource allocation, and land management decisions.

Livestock Identification Application Insights

Based on Applications, the Livestock Identification Market segmentation includes disease management and control, meat & milk traceability, breeding records, and animal ownership identification. The disease management and control category leads the market. To track disease trends and prevalence at the local, state, or federal levels, disease surveillance systems can be connected with livestock identity data. Public health authorities can determine the locations of disease hotspots, evaluate the risk of disease, and execute focused surveillance and control measures by examining combined identification data.

The meat & milk traceability segment of the Livestock Identification market is predicted to develop quickly over the projected period. Applications for tracking the transportation and handling of meat and milk at every stage of the production and distribution process improve supply chain transparency. By tracking goods from farm to fork, stakeholders can ensure accountability and lower the possibility of fraud or contamination.

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  Livestock Identification Component Insights

  
  

Based on Components, the Livestock Identification Market segmentation includes hardware, software, and services. The hardware category leads the market. The growing usage of electronic and visual identity tags, readers, and applicators to identify ownership of specific animals on a vast number of small, medium, and big farms throughout the world. By identifying animals and maintaining information on their age, health, and reproductive status, these devices are essential to livestock management because they enable farmers to make well-informed decisions about their livestock. Farmers can also receive notifications and warning signs of animal aggression from these devices.

The software segment of the Livestock Identification market is predicted to develop quickly over the projected period. Software programs generate documentation and reports for regulatory bodies, assisting livestock farmers in adhering to legal requirements. Evidence of adherence to food safety laws, animal welfare standards, and import/export guidelines pertaining to livestock tracking and identification must be provided in this regard.

Figure 2: Livestock Identification Market, by Component, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Livestock Identification Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Livestock Identification market will dominate this market because of the rapid advancements in technology and the rise in the demand for poultry products. The Organization for Economic Cooperation and Development released data in 2021 that indicated 48,602 kt cwe of meat would be consumed in North America by 2030, with 3,653 kt cwe in Canada and 44,949 kt cwe in the United States. The United States is the world's top producer of chicken meat, with projections from the Food and Agriculture Organization of the United Nations (UNFAO) indicating that 20.4 million metric tons of broiler meat will be produced in the country in 2021.

Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: LIVESTOCK IDENTIFICATION MARKET SHARE BY REGION 2023 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Livestock Identification market accounts for the second-largest market share. Europe has strict laws regulating animal welfare, food safety, and traceability. These laws frequently require animals to be identified and tracked, which fosters an environment conducive to the adoption of this technology. Further, the German Livestock Identification market held the largest market share, and the UK Livestock Identification market was the fastest-growing market in the European region.

The Asia-Pacific Livestock Identification Market is expected to grow at the fastest CAGR from 2024 to 2032. The development is being aided by significantly improving animal healthcare protocols and implementing disease eradication and traceability initiatives in developing nations like Australia and India. On September 20, 2022, for example, the Australian government said that all sheep and goats in the nation will need to have electronic identification tags by January 1, 2025. As part of their national efforts to improve livestock traceability systems, several Asian nations regularly carry out similar pledges. Moreover, China’s Livestock Identification market held the largest market share, and the Indian Livestock Identification market was the fastest-growing market in the Asia-Pacific region.

Livestock Identification Key Market Players & Competitive Insights

The Livestock Identification market will continue to grow due to major companies in the industry making significant R&D investments to extend their product ranges. Significant market developments include new product releases, contractual agreements, mergers and acquisitions, greater investments, and cooperation with other organizations. Market participants also engage in various strategic actions to broaden their global footprint. The Livestock Identification sector must provide affordable products & services to grow and thrive in a more cutthroat and dynamic market.

One of the main strategies manufacturers use in the worldwide Livestock Identification market is local manufacturing, which expands the market sector and helps customers by lowering operating costs. Some of the biggest medical benefits in recent years have come from the Livestock Identification sector. Major players in the Livestock Identification market, including Leader Products, Allflex, Datamars, Nedap N.V., IDEXX Animana, HerdInsights, Connecterra, CowManager, BouMatic, CSIRO, MS Schippers, Stockbrands, Laipson, Caisley International GMBH, and others, are attempting to increase market demand by investing in research and development operations.

Leading the industry in the development, manufacturing, and delivery of products for animal tracking, identification, and traceability is Allflex Livestock Intelligence. Across the globe, hundreds of millions of animals are managed by farmers, businesses, and nations using their data-driven solutions. Their solutions enable farmers to take prompt action to protect the health and welfare of their animals and achieve optimal production outcomes for a safe food supply by providing them with intelligent and actionable management information. Merck Animal Health's Allflex Livestock Intelligence is a digital livestock product range. This website is only meant for citizens of the United States and its territories. Allflex Livestock Intelligence unveiled a subscription-based version of its SenseHub dairy and beef monitoring systems in March 2022. By paying a monthly fee for access to installation, tags, applications, and necessary equipment, farmers can use the SenseHub system without incurring any upfront costs. Additionally, users can add to or modify their system as needed to meet changing needs.

With more than 30 years of experience in animal and textile solutions, Datamars is a worldwide provider of data solutions. Their family of product names, which includes Z Tags, Tru-Test, Speedrite, Simcro, Felixcan, Petlink, and Textile-ID, is well-known throughout the world. Building on their track record as a profitable provider of RFID identification and data solutions, they combine products, services, and technologies to give their textile, livestock, and pet clients access to powerful data so they can make more informed decisions and see quantifiable success.

They support livestock farmers in maintaining their way of life and sustainably increasing their productivity. They support the growth and unmatched service provision of textile service companies. They facilitate the reunion of cherished pets with their owners. They assist developing cultures in preventing illness because livelihoods and health are so closely related. Datamars strengthened and expedited its animal performance monitoring capabilities in June 2021 by acquiring HerdInsights, a provider of health monitoring tools for the dairy industry. The organization was able to assist its clients in reaching quantifiable objectives and making better judgments as a consequence of this acquisition.

Key Companies in the Livestock Identification market include

• Leader Products


• Allflex


• Datamars


• Nedap N.V.


• IDEXX Animana


• HerdInsights


• Connecterra


• CowManager


• BouMatic


• CSIRO


• MS Schippers


• Stockbrands


• Laipson


• Caisley International GMBH

Livestock Identification Industry Developments

February 2022: A UHF RFID portable scanner that operates at a frequency of 860 to 960 MHz was introduced by Luoyang Laipson. UHF RFID ear tags, including those with the UM301, UM401, US201, and UF301 codes, can be read by the reader.

May 2021: Waikato Milking Systems, a leader in the development and manufacturing of dairy technology, and Nedap N.V. have teamed. Waikato Milking Systems now offers comprehensive solutions for identification, monitoring, and automation through its TracHQ platform and smart CowTraQ collars, which are managed by Nedap's integrated platform.

Livestock Identification Market Segmentation

Livestock Identification Product Type Outlook

• Ear Tags


• Microchips


• Bolus Tags


• RFID Tags


• Neck Tags


• Others

Livestock Identification Animal Type Outlook

• Cattle


• Poultry


• Equine


• Swine


• Sheep & Goats


• Others

Livestock Identification Technology Outlook

• RFID (Radio Frequency Identification)


• GPS (Global Positioning System)


• Barcode


• Others

Livestock Identification Application Outlook

• Disease management and control


• Meat & milk traceability


• Breeding record


• Animal ownership identification

Livestock Identification Component Outlook

• Hardware


• Software


• Services

Livestock Identification Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America