Home > > IT And Telecommunications > > Livestock Identification Market Size, Trends | Industry Growth & Share Overview 2032
ID : CBI_3255 | Updated on : | Author : CBI | Category : IT And Telecommunications
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Livestock Identification Market size is estimated to reach over USD 2.96 Billion by 2032 from a value of USD 1.71 Billion in 2024 and is projected to grow by USD 1.81 Billion in 2025, growing at a CAGR of 7.9% from 2025 to 2032.
Livestock identification refers to the process of identifying and tracking animals with the help of a unique identifier for the purpose of record-keeping. Further, animal identification is also utilized for tracking the feed intake of the animals. Additionally, animal identification helps the farmers to track the health history of the animals. Moreover, the rising adoption of ear and neck tags to track cattle, goats, and sheep in farms is driving the market.
Organizations have started investing in IoT technologies for real-time monitoring of animals on farms. Further, IoT devices use sensors and RFID tags which allow farmers to monitor herds from anywhere which is driving the market. Additionally, many organizations are launching IoT devices that integrate the sensors for intrusion detection and surveillance which is driving the overall market.
Hence, the rising adoption of IoT to monitor herds is driving the livestock identification market size.
Farmers in developing regions lack awareness about benefits of utilizing IoT and AI based software due to low digital literacy. Further, the farmers may find the hardware and software complex to use and implement. Moreover, the farmers may prefer manually checking the animals due to poor network connectivity and lack of infrastructure in remote areas which can act as a restraint to the market growth. Thus, lack of awareness due to complexity of using hardware and software for animal identification acts as a restraint to the livestock identification market expansion.
Companies have started utilizing artificial intelligence in livestock identification to automate animal tracking and health monitoring. Additionally, AI powered cameras in farms use facial recognition to identify individual animals which are driving the market. Moreover, farms have started utilizing AI to manage lameness levels in their herd which is driving the market.
Thus, the rising integration of artificial intelligence due to automated animal tracking and facial recognition is projected to drive the livestock identification market opportunities during the forecast period.
Based on the component, the market is segmented into hardware, software, and services.
Trends in the component:
Hardware accounted for the largest revenue share of 66.49% in the year 2024.
Software is anticipated to register the fastest CAGR during the forecast period.
Based on the type, the market is segmented into animal ownership identification, disease management & control, milk traceability, breeding record management, farm management & productivity, and others.
Trends in the type:
Milk traceability accounted for the largest revenue share in the year 2024.
Disease management & control is anticipated to register the fastest CAGR during the forecast period.
Based on the animal type, the market is segmented into poultry, cattle, pigs, goats, and others.
Trends in the animal type:
Cattle segment accounted for the largest revenue share in the year 2024.
Pigs segment is anticipated to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at 0.46 Billion in 2024. Moreover, it is projected to grow by 0.49 Billion in 2025 and reach over 0.83 Billion by 2032. Out of this, China accounted for the maximum revenue share of 30.61%. As per the livestock identification market analysis, the growth in the Asia-Pacific region is primarily driven by the increasing utilization of RFID and rising utilization of animal identification for cows.
North America is estimated to reach over USD 0.98 Billion by 2032 from a value of USD 0.56 Billion in 2024 and is projected to grow by USD 0.60 Billion in 2025. In North America, the growth of livestock identification industry is driven by the increasing adoption of GPS and sensors. Moreover, the increasing utilization of animal identification for tracking pigs has resulted in the rise in livestock identification market share.
Additionally, the regional analysis depicts that the rising utilization of animal identification to monitor goats and sheep is driving the market demand in Europe. Furthermore, as per the market analysis, the market demand in Latin America is expected to grow at a considerable rate due to rising utilization of the systems for cattle monitoring. Middle East and African regions are expected to grow at a considerable rate due to factors such as growing investments in animal husbandry and rising GDP among others.
The global livestock identification market is highly competitive with major players providing solutions to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the livestock identification market. Key players in the livestock identification industry include-
Recent Industry Developments
Partnership
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 2.96 Billion |
CAGR (2025-2032) | 7.9% |
By Component |
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By Type |
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By Animal Type |
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By Region |
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Key Players |
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North America | U.S. Canada
GMV Innovating Solutions S.L. (Madrid)
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Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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The livestock identification market was valued at USD 1.71 Billion in 2024 and is projected to grow to USD 2.96 Billion by 2032.
Asia-Pacific region is experiencing the most rapid growth in the livestock identification market.
The livestock identification market report includes component, type, animal type and region.
The key participants in the livestock identification market are Datamars (Switzerland), Gallagher Group Limited (U.S.), HID Global Corporation (U.S.), Zoetis Services LLC (U.S.), FarmKeep (U.S.), GEA Group Aktiengesellschaft (Germany), Shearwell Data LTD (U.K.), AmerisourceBergen Corporation (U.S.), Cattle Eye Ltd (U.K.), Jio Things Limited (India), and Others.