Uploaded on Feb 18, 2025
Livestock Identification Market by Livestock Type (Cattle (Dairy, Beef), Poultry, Swine, Equine), Electronic Identification Tags, Visual Identification Tags (GPS Tags, RFID Tags), Boluses, Data Analytics - Global Forecast to 2031
Livestock Identification Market
Livestock Identification Industry worth USD 2.78 billion by 2031
According to the new research report "Livestock Identification Market by Livestock Type
(Cattle (Dairy, Beef), Poultry, Swine, Equine), Electronic Identification Tags, Visual
Identification Tags (GPS Tags, RFID Tags), Boluses, Data Analytics - Global Forecast to 2031"
The livestock identification market was valued at 1.74 billion in 2025 and is projected to reach
USD 2.78 billion by 2031; it is expected to register a CAGR of 8.1% during the forecast period.
The driving factors for the livestock identification market are the ever increasing need to
minimize the loss of economic as well as minimize livestock mortality by having accurate and
efficient animal disease traceability is what is fueling this growing emphasis on livestock
identification. Automation technology and devices empowered by the IoT are changing the way
livestock farms are operated, helping farmers monitor and control operations more efficiently.
More importantly, identifying and tracking animals in real time, in order to better manage
livestock and more closely monitor good health. As farmers increasingly rely on data driven
decision making, advanced livestock identification systems play an important role in enabling
them to improve productivity and improve resource utilization.
By livestock type: cattle segment to account for the largest market share in the forecasted
year.
The cattle segment accounted for the largest share of the livestock identification market in
2031. It is important to have appropriate cattle identification in the cattle business to be
profitable. Manual identification and management of medium and large sized livestock farms is
time consuming. As such, automated livestock identification systems are preferable over
manual identification and management systems. Ownership and sale of cattle depends upon
identification of livestock. These allow the farmers to make decisions which helps the cattle
operation be productive.
By Offering: Hardware segment accounted for the largest market share in the estimated year.
Hardware segment accounted for the largest share of the livestock identification market in
estimated year. The growth is attributed to the growing use of electronic and visual
identification tags, readers, and applicators in various small and medium as well as large farms
across the globe to designate ownership of a specific animal, this segment has the highest
market size. These devices are important to livestock management as they are able to identify
livestock, which in turn helps their farmers keep records on production, age, health and
reproduction status to help them plan during livestock management. In addition, these devices
provide alerts and warning signs of animal aggression to farmers.
Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132736040
By Region: Europe is expected to hold the largest share of the livestock identification market
during the forecast period.
The growth can be attributed to the increased demand for poultry meat in the European Union.
According to the USDA Foreign Agricultural Service (FAS), the global poultry meat production in
2023/2024 was anticipated to reach 103.83 million metric tons from 102.2 million metric tons
in 2022/2023. Moreover, in addition, the livestock identification market in the region is also
driven by the regulations like animal identification imposed by the European Union. For
example, 1760/2000 EU Regulation establishes a system for secondary identification of bovine
animals and rules on mandatory and voluntary labelling of beef and beef products. The bovine
ear tags, it is required by the mandate, must contain an identifying code. Furthermore, the
regulation (EC 2004b) 2004 EC regulation, 911/2004 (EC 2004a) is also enforced for their ear
tags and registration of animal passports.
Key Players-
The key companies in livestock identification market include Merck & Co., Inc. (US), Datamars
(Switzerland), Nedap N.V. (Netherlands), MS Schippers (Netherlands), Shearwell Data Ltd. (UK),
Leader Products (Australia), CAISLEY International GmbH (Germany), Kupsan Tag Company Ltd.
(Turkey), Luoyang Laipson Information Technology Co., Ltd. (China), OMNIA Technologies, Inc.
(India).
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