The Global Livestock Identification market was valued at USD 1.92 billion in 2021 and is expected to reach USD 4.11 billion by the year 2028, at a CAGR of 11.48%.
Livestock identification is the basis for keeping proper production records of the herd/flock. Individual livestock identification enables producers to maintain records on an animal’s birth date, health history, parentage, production records, and a host of other important management information. Additionally, authentic records offer the producer sufficient information to make individual or whole herd/flock management decisions. In many instances, the producer requirement to be able to rapidly identify an animal.
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This study utilized various analytical tools such as Porter’s 5 Forces model and SWOT analysis. It also included market sizing, top-down and bottom-up research. Porter’s 5 Forces model allows you to identify the competitive advantages of a business in the market. The PESTLE analysis can measure the impact of political, economic, social, and technological factors. SWOT helps companies to understand their current position. It is primarily based on strengths and weaknesses. A bottom-up model that uses micro attributes to estimate the market. This market research study also uses top-down and value-chain analysis models.
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Key Prominent Players In The 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 Livestock Identification market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Hardware, Software, Services
Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behavior Monitoring, Others
Regional Analysis for COVID-19 Outbreak-Global Livestock Identification Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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The report discusses the many features that have an impact on the growth and future prospects of the Livestock Identification market. Positive factors that are influencing the market and restraining factors that are limiting its growth. They also discuss the impact on the global market. The market report also discusses other qualitative and quantitative factors, such as the risks involved in operations and the major challenges facing market key players.
The study examines the major adoption trends in the Livestock Identification sector, as well as any issues that might hinder its growth. These elements are critical to product planning and design. This study provides an in-depth analysis of the trends and obstacles that exist in the Livestock Identification industry.
The market size and share values of the Livestock Identification industry are provided in the report. It aids in understanding the market. Additionally, the report estimates upfront statistics and data that will be very useful to individuals involved in advertising and industry decision-making in the Livestock Identification.
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