Livestock Identification Market Report On Size, Share, Scope And Forecast 2024-2032
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%.
The livestock identification market is a segment within the broader agricultural technology sector that focuses on providing solutions for identifying and tracking individual animals within livestock populations. These technologies are crucial for various purposes, including disease control, traceability, inventory management, and breeding programs.
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.
Top Key Players Covered 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.
Market Dynamics and Factors:
The market is developing as a result of the rising incidence of zoonotic diseases. This is because the development of these diseases among animals poses serious socioeconomic risks, impairing local markets, worldwide trade, and causing output losses. In addition, it is recognised that several animal diseases brought on by viruses and bacteria can also infect people. In the upcoming years, such elements are likely to increase the market's demand for livestock identification.
Get An Exclusive Sample Of The Global Livestock Identification Market Report At This Link (Get The Higher Preference For Corporate Email ID): -
https://introspectivemarke...
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%.
The livestock identification market is a segment within the broader agricultural technology sector that focuses on providing solutions for identifying and tracking individual animals within livestock populations. These technologies are crucial for various purposes, including disease control, traceability, inventory management, and breeding programs.
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.
Top Key Players Covered 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.
Market Dynamics and Factors:
The market is developing as a result of the rising incidence of zoonotic diseases. This is because the development of these diseases among animals poses serious socioeconomic risks, impairing local markets, worldwide trade, and causing output losses. In addition, it is recognised that several animal diseases brought on by viruses and bacteria can also infect people. In the upcoming years, such elements are likely to increase the market's demand for livestock identification.
Get An Exclusive Sample Of The Global Livestock Identification Market Report At This Link (Get The Higher Preference For Corporate Email ID): -
https://introspectivemarke...
11:05 AM - May 08, 2024 (UTC)
