Home > Animal Health & Nutrition > Pet Tech > Animal Identification Market
Animal Identification Market Trends
- Report ID: GMI10758
- Published Date: Aug 2024
- Report Format: PDF
Animal Identification Market Trends
Digitalization and the Internet of Things (IoT) are transforming animal health management. The demand for advanced animal identification tags, which facilitate real-time monitoring of behavior, health metrics, and environmental conditions, is surging. This trend, bolstered by IoT sensors, is contributing to the market growth.
- The European Union's Animal Welfare Strategy, alongside various global initiatives, is driving the adoption of stricter animal welfare regulations and certification programs. These initiatives ensure humane treatment, health monitoring, and environmental stewardship standards are met.
- Additionally, biometric technologies like facial recognition and DNA profiling are becoming more popular for animal identification due to their high accuracy and security.
- Consequently, the market for microchips and RFID tags in pet identification is growing, driven by regulatory mandates and increasing pet ownership.
Frequently Asked Questions (FAQ) :
Animal identification industry size was USD 3.1 billion in 2023 and will grow at a 9% CAGR between 2024 and 2032, fueled by increasing livestock production, rising concerns about animal health, and stringent regulations for traceability and food safety.
The livestock animals segment garnered 65.3% share in 2023, attributed to the significant scale of livestock production and the need for effective management and traceability.
North America animal identification industry captured 45.6% share in 2023, driven by advanced agricultural practices, significant livestock industry, and stringent regulatory frameworks.
Agri-Inject, Inc., Biomark Pte Ltd, CAISLEY International GmbH, Charles River Laboratories International, Inc., Elanco Animal Health Incorporated (Bayer Animal Health), ID Tech Solutions Pvt. Ltd., IDEXX Laboratories Inc., Luoyang Laipson Information Technology Co., Ltd., Merck & Co., Inc. (Alflex Group), Shearwell Data Ltd., and Zoetis, Inc.,
Animal Identification Market Scope
×
Get a free sample of
Animal Identification Market
Inquiry Before Buying
Get special pricing options on this report
Request Sectional Data
Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours
below