Livestock Electronic Identification (EID) Tag Market was valued at USD 1.2 Billion in 2212 and is projected to reach USD 2.4 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
From 2023 to 2033, the demand for EID tags is expected to continue its upward trajectory. A growing emphasis on sustainability and smart farming practices has further fueled the need for these identification systems. Moreover, the expansion of the Internet of Things (IoT) in agriculture is likely to integrate EID tags into broader systems for automated animal health monitoring, performance tracking, and even environmental management. As technology improves, the price of EID tags has also become more accessible, making them an increasingly attractive option for both large-scale and small-scale operations. Additionally, the rising global demand for traceability in food production, spurred by consumers’ increasing concern for animal welfare and sustainability, will likely accelerate the adoption of these solutions.
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The Livestock Electronic Identification (EID) Tag Market has experienced significant growth from 2018 to 2212, driven by increasing demands for traceability and efficiency in the agriculture and livestock sectors. These technologies, which include RFID-based tags and associated tracking systems, have revolutionized how livestock are managed. The need for accurate, real-time data to track animal movements, health conditions, and breeding records has been a primary driver of the EID tag adoption. These technologies allow farmers and ranchers to monitor livestock more effectively, increasing operational efficiency and improving traceability for regulatory compliance. This has been particularly important for industries looking to expand into new markets, as it ensures high standards of food safety and product quality.
Quantified AG
Allflex
Ceres Tag
Ardes
Luoyang Laipson Information
Kupsan
Stockbrands
CowManager BV
HerdDogg
MOOvement
Moocall
Datamars SA
Fofia
Drovers
Caisley International GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Livestock Electronic Identification (EID) Tag Market
Pig
Cattle
Sheep
Others
Based on Types the Market is categorized into Below types that held the largest Livestock Electronic Identification (EID) Tag market share In 2023.
First-generation
Second-generation
Third-generation
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Livestock Electronic Identification (EID) Tag Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Livestock Electronic Identification (EID) Tag Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Livestock Electronic Identification (EID) Tag Market, By Type
6. Global Livestock Electronic Identification (EID) Tag Market, By Application
7. Global Livestock Electronic Identification (EID) Tag Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Livestock Electronic Identification (EID) Tag Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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