The livestock identification market is projected to reach USD 2.78 billion by 2031 from USD 1.74 billion in 2025 at a CAGR of 8.1% during the forecast period.
Large potential to reduce economic losses and
livestock mortality rates due to accurate and efficient animal disease
traceability, rapid adoption of automation technology and IoT-enabled devices
for efficient management of livestock farms, increased focus of livestock
farmers on real-time identification and tracking of animals, and data-driven
decision making are some of the major factors driving the market growth.
Major Livestock Identification Companies include:
- Merck
& Co., Inc. (US)
- Datamars
(Switzerland)
- Nedap
N.V. (Netherlands)
- MS
Schippers (Netherlands)
- Shearwell
Data Ltd. (UK)
The major players in the livestock identification
market with a significant global presence include Merck & Co., Inc. (US),
Datamars (Switzerland), Nedap N.V. (Netherlands), MS Schippers (Netherlands),
and Shearwell Data Ltd. (UK). These players have adopted various organic and
inorganic growth strategies such as collaborations, acquisitions, solution and
product launches and developments, partnerships, and joint ventures to expand
their global presence and increase their share in the livestock identification
market. The organic and inorganic strategies have helped the market players to
expand themselves globally by providing livestock identification products.
Merck & Co., Inc. implements organic strategies through its
product development pipeline to lead its competitive landscape. In October 2024
ALLFLEX APR, a subsidiary of Merck & Co., Inc. released handheld RFID
readers with two variations: APR650 alongside APRFR250. Through its substantial
research investment Merck & Co. creates innovative animal health solutions
which address upcoming problems in livestock monitoring. During the year 2023,
the company dedicated approximately 51% of its entire revenue to research and
development expenses.
Datamars supplies a full spectrum of products between visual
tags and electronic identification tags alongside applicators that operate
harmoniously with their EID readers and scales. Data collection accuracy and
operational efficiency increase through this integrated solution enabling
farmers to base their decisions on individual animal data. Z Tags Felixcan
acquisition alongside Tru-Test has boosted Datamars' standing in the market to
identify livestock.
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The business strategy of Nedap N.V. includes organic growth
strategies through foundational developments including product releases. Nedap
N.V. introduced SmartTag Ear to market in September 2024 allowing dairy farm
managers to gain real-time health data about productivity and herd health
through this ear device. As part of its expansion plan Nedap N.V. implements
both organic and inorganic growth strategies including partnerships and
agreements.
MS Schippers has concentrated its efforts on its
positioning as a key supplier to the livestock identification market by
developing and selling a broad line of high-quality ear tags and electronic
detection systems suitable for diverse livestock species. The company also
provides an electronic identification solutions, such as RFID systems for
automatic identification and data collection for all of the animals.
Shearwell Data
Ltd. decided
strategically to concentrate on developing advanced livestock management
technology connected with progressing agricultural conditions and regulatory
requirements. The company is committed to research and development and the
digital revolution, investing in the development of completely integrated EID
systems — a solution that provides support for data driven decision making for
the farmers.
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