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The major players, such as Merck Animal Health, Avid Identification Systems, Inc., Datamars, and Shearwell Data Limited, are constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches.
Major players operating in the livestock identification industry are:
In 2023, the ear tags segment accounted for a market share of around 30% and is projected to grow through 2032, owing to the increasing stringency of regulations and traceability requirements in the livestock industry.
North America dominated the global livestock identification market with a revenue share of over 30% in 2023, attributed to the growing animal population, coupled with disease monitoring & traceability measures.
The market size of livestock identification was reached USD 1.5 billion in 2023 and is estimated to register a CAGR of over 9.5% between 2024 and 2032, driven by regulatory compliance and focus on disease control & management.
AgriTech Solutions, WISE Livestock Systems, Avid Identification Systems, Inc., VirtualHerd Technologies, BioTrack, UHF Livestock, CattleTrace, TagTech Innovations, DataLivestock, SmartTag Systems, Datamars, Shearwell Data Limited, and EIDAP Inc. among others.