Livestock Identification Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A significant part of livestock production is livestock identification. Cattle were once manually identified and managed, and they were kept in farms by erecting physical fences. Advanced technology, on the other hand, have made it possible to track, identify, and monitor agricultural animals in real time. Biometric sensors, for example, are real-time advanced technologies that identify and track each individual animal's health and activity in real-time, allowing farmers to integrate this data for population-related analyses. Big data analytics solutions that rely on statistical algorithms to navigate through massive complicated data sets and give farmers relevant trending patterns and decision-making tools collect and integrate real-time data from biometric sensors.
MARKET DYNAMICS
Increased innovation in animal identity management and improved support services are expected to promote the global livestock identification market's overall growth. The rapid adoption of IoT and AI-enabled devices for effective management of domesticated animals sparked interest in robotization in animal farming, and ranchers' increased focus on constant distinguishing proof and checking of animals are key driving factors for the domesticated animals' ID market.
MARKET SCOPE
The "Global Livestock Identification Market Analysis to 2031" is a specialized and in-depth study of the Livestock Identification Market with a special focus on the global market trend analysis. The report aims to provide an overview of Livestock Identification Market with detailed market segmentation by type, application and geography. The global Livestock Identification Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Livestock Identification Market players and offers key trends and opportunities in the Livestock Identification Market.
MARKET SEGMENTATION
The global Livestock Identification Market is segmented on the basis of component and end-use. On the basis of component, the market is segmented into hardware, software, and services. Based on end-use the market is segmented into the dairy farm, beef farm, sheep farm, deer farm, and goat and pig farm.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Livestock Identification Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Livestock Identification Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Livestock Identification Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Livestock Identification Market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Livestock Identification Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Livestock Identification Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Livestock Identification Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Livestock Identification Market in these regions.
MARKET PLAYERS
The reports cover key developments in the Livestock Identification Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Livestock Identification Market are anticipated to lucrative growth opportunities in the future with the rising demand for Livestock Identification Market. Below mentioned is the list of few companies engaged in the Livestock Identification Market.
The report also includes the profiles of key Livestock Identification Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allflex
- Datamars
- Nedap
- Leader Products
- CAISLEY International GmbH
- Livestock Improvement Corporation
- Kupsan Tag Company
- MS Schippers
- Shearwell Data
- Luoyang Laipson Information Technology CO., Ltd
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Livestock Identification Market - By Component
1.3.2 Livestock Identification Market - By End-Use
1.3.3 Livestock Identification Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LIVESTOCK IDENTIFICATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. LIVESTOCK IDENTIFICATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LIVESTOCK IDENTIFICATION MARKET - GLOBAL MARKET ANALYSIS
6.1. LIVESTOCK IDENTIFICATION - GLOBAL MARKET OVERVIEW
6.2. LIVESTOCK IDENTIFICATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LIVESTOCK IDENTIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. LIVESTOCK IDENTIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
8.1. OVERVIEW
8.2. END-USE MARKET FORECASTS AND ANALYSIS
8.3. DAIRY FARM
8.3.1. Overview
8.3.2. Dairy Farm Market Forecast and Analysis
8.4. BEEF FARM
8.4.1. Overview
8.4.2. Beef Farm Market Forecast and Analysis
8.5. SHEEP FARM
8.5.1. Overview
8.5.2. Sheep Farm Market Forecast and Analysis
8.6. DEER FARM
8.6.1. Overview
8.6.2. Deer Farm Market Forecast and Analysis
8.7. GOAT AND PIG FARM
8.7.1. Overview
8.7.2. Goat and Pig Farm Market Forecast and Analysis
9. LIVESTOCK IDENTIFICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Livestock Identification Market Overview
9.1.2 North America Livestock Identification Market Forecasts and Analysis
9.1.3 North America Livestock Identification Market Forecasts and Analysis - By Component
9.1.4 North America Livestock Identification Market Forecasts and Analysis - By End-Use
9.1.5 North America Livestock Identification Market Forecasts and Analysis - By Countries
9.1.5.1 United States Livestock Identification Market
9.1.5.1.1 United States Livestock Identification Market by Component
9.1.5.1.2 United States Livestock Identification Market by End-Use
9.1.5.2 Canada Livestock Identification Market
9.1.5.2.1 Canada Livestock Identification Market by Component
9.1.5.2.2 Canada Livestock Identification Market by End-Use
9.1.5.3 Mexico Livestock Identification Market
9.1.5.3.1 Mexico Livestock Identification Market by Component
9.1.5.3.2 Mexico Livestock Identification Market by End-Use
9.2. EUROPE
9.2.1 Europe Livestock Identification Market Overview
9.2.2 Europe Livestock Identification Market Forecasts and Analysis
9.2.3 Europe Livestock Identification Market Forecasts and Analysis - By Component
9.2.4 Europe Livestock Identification Market Forecasts and Analysis - By End-Use
9.2.5 Europe Livestock Identification Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Livestock Identification Market
9.2.5.1.1 Germany Livestock Identification Market by Component
9.2.5.1.2 Germany Livestock Identification Market by End-Use
9.2.5.2 France Livestock Identification Market
9.2.5.2.1 France Livestock Identification Market by Component
9.2.5.2.2 France Livestock Identification Market by End-Use
9.2.5.3 Italy Livestock Identification Market
9.2.5.3.1 Italy Livestock Identification Market by Component
9.2.5.3.2 Italy Livestock Identification Market by End-Use
9.2.5.4 United Kingdom Livestock Identification Market
9.2.5.4.1 United Kingdom Livestock Identification Market by Component
9.2.5.4.2 United Kingdom Livestock Identification Market by End-Use
9.2.5.5 Russia Livestock Identification Market
9.2.5.5.1 Russia Livestock Identification Market by Component
9.2.5.5.2 Russia Livestock Identification Market by End-Use
9.2.5.6 Rest of Europe Livestock Identification Market
9.2.5.6.1 Rest of Europe Livestock Identification Market by Component
9.2.5.6.2 Rest of Europe Livestock Identification Market by End-Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Livestock Identification Market Overview
9.3.2 Asia-Pacific Livestock Identification Market Forecasts and Analysis
9.3.3 Asia-Pacific Livestock Identification Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Livestock Identification Market Forecasts and Analysis - By End-Use
9.3.5 Asia-Pacific Livestock Identification Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Livestock Identification Market
9.3.5.1.1 Australia Livestock Identification Market by Component
9.3.5.1.2 Australia Livestock Identification Market by End-Use
9.3.5.2 China Livestock Identification Market
9.3.5.2.1 China Livestock Identification Market by Component
9.3.5.2.2 China Livestock Identification Market by End-Use
9.3.5.3 India Livestock Identification Market
9.3.5.3.1 India Livestock Identification Market by Component
9.3.5.3.2 India Livestock Identification Market by End-Use
9.3.5.4 Japan Livestock Identification Market
9.3.5.4.1 Japan Livestock Identification Market by Component
9.3.5.4.2 Japan Livestock Identification Market by End-Use
9.3.5.5 South Korea Livestock Identification Market
9.3.5.5.1 South Korea Livestock Identification Market by Component
9.3.5.5.2 South Korea Livestock Identification Market by End-Use
9.3.5.6 Rest of Asia-Pacific Livestock Identification Market
9.3.5.6.1 Rest of Asia-Pacific Livestock Identification Market by Component
9.3.5.6.2 Rest of Asia-Pacific Livestock Identification Market by End-Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Livestock Identification Market Overview
9.4.2 Middle East and Africa Livestock Identification Market Forecasts and Analysis
9.4.3 Middle East and Africa Livestock Identification Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Livestock Identification Market Forecasts and Analysis - By End-Use
9.4.5 Middle East and Africa Livestock Identification Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Livestock Identification Market
9.4.5.1.1 South Africa Livestock Identification Market by Component
9.4.5.1.2 South Africa Livestock Identification Market by End-Use
9.4.5.2 Saudi Arabia Livestock Identification Market
9.4.5.2.1 Saudi Arabia Livestock Identification Market by Component
9.4.5.2.2 Saudi Arabia Livestock Identification Market by End-Use
9.4.5.3 U.A.E Livestock Identification Market
9.4.5.3.1 U.A.E Livestock Identification Market by Component
9.4.5.3.2 U.A.E Livestock Identification Market by End-Use
9.4.5.4 Rest of Middle East and Africa Livestock Identification Market
9.4.5.4.1 Rest of Middle East and Africa Livestock Identification Market by Component
9.4.5.4.2 Rest of Middle East and Africa Livestock Identification Market by End-Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Livestock Identification Market Overview
9.5.2 South and Central America Livestock Identification Market Forecasts and Analysis
9.5.3 South and Central America Livestock Identification Market Forecasts and Analysis - By Component
9.5.4 South and Central America Livestock Identification Market Forecasts and Analysis - By End-Use
9.5.5 South and Central America Livestock Identification Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Livestock Identification Market
9.5.5.1.1 Brazil Livestock Identification Market by Component
9.5.5.1.2 Brazil Livestock Identification Market by End-Use
9.5.5.2 Argentina Livestock Identification Market
9.5.5.2.1 Argentina Livestock Identification Market by Component
9.5.5.2.2 Argentina Livestock Identification Market by End-Use
9.5.5.3 Rest of South and Central America Livestock Identification Market
9.5.5.3.1 Rest of South and Central America Livestock Identification Market by Component
9.5.5.3.2 Rest of South and Central America Livestock Identification Market by End-Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LIVESTOCK IDENTIFICATION MARKET, KEY COMPANY PROFILES
11.1. ALLFLEX
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DATAMARS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. NEDAP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LEADER PRODUCTS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CAISLEY INTERNATIONAL GMBH
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LIVESTOCK IMPROVEMENT CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KUPSAN TAG COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MS SCHIPPERS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SHEARWELL DATA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. LUOYANG LAIPSON INFORMATION TECHNOLOGY CO., LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Allflex
2.Datamars
3.Nedap
4.Leader Products
5.CAISLEY International GmbH
6.Livestock Improvement Corporation
7.Kupsan Tag Company
8.MS Schippers
9.Shearwell Data
10.Luoyang Laipson Information Technology CO., Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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