Press release
Strong Growth Ahead: Animal Identification Systems Market Size To Grow At Arecord 8.4% Cagr By 2029
Animal Identification Systems Market
How Big Is the Animal Identification Systems Market Size Expected to Be by 2034?
The animal identification systems market has grown significantly, with forecasts showing an increase from $2.78 billion in 2024 to $3.02 billion in 2025 at a CAGR of 8.7%, driven by regulatory needs, disease control strategies, improved farm productivity, rising pet numbers, and greater animal welfare concerns.
The animal identification systems market will reach $4.17 billion in 2029, growing at a CAGR of 8.4%, driven by increasing livestock numbers, biotechnology progress, and global meat and dairy demand, with trends involving IoT, machine learning, wearable health monitors, and biometric tools.
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What Are the Emerging Segments Within the Animal Identification Systems Market?
The animal identification systems market covered in this report is segmented -
1) By Component: Hardware, Services, Software
2) By Procedure: Wearables, Microchipping, Ear Notching, Tattooing, Other Methods
3) By Application: Livestock, Endangered Animals, Pets, Lab Animals, Fish
Subsegments:
1) By Hardware: Radio Frequency Identification (Rfid) Tags, Microchips, Gps Tags, Scanners And Readers
2) By Services: Data Management Services, Consulting Services, Maintenance And Support Services
3) By Software: Animal Tracking Software, Animal Management Software, Data Analytics Software
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What Long-Term Drivers Are Shaping Animal Identification Systems Market Trends?
Increased adoption of pets is contributing to the growth of the animal identification systems market. Companion animals such as cats and dogs are being adopted more for emotional and psychological support, partly due to growing awareness of animal welfare and the need for companionship. Animal identification systems help manage medical records and track lost pets. For instance, in January 2024, the National Database of Sheltered Animal Statistics noted 109,000 more dog adoptions in 2023 than in 2022, and cat adoptions rose by 34,000. A total of 2.6 million cats were adopted in 2023, a 14% increase compared to 2019. Hence, increased pet adoption is advancing the animal identification systems market.
Who Are the Top Competitors in Key Animal Identification Systems Market Segments?
Major companies operating in the animal identification systems market are Avery Dennison Corp, Microchip Technology Inc., MSD Animal Health, HID Global Corporation, Neogen Corporation, Gallagher Group Limited, Datamars SA, Nedap N.V., EM Microelectronic, AEG Identifikationssysteme GmbH (AEG ID), Y-Tex Corporation, RFID Inc., Avid Identification Systems Inc., Jorgensen Laboratories LLC, National Band & Tag Company, Destron Fearing Corp., ID Tech Solutions Pvt. Ltd., Wuxi Fofia Technology Co. LTD., Agrident GmbH, Syscan ID, Planet ID, Microsensys GmbH, Trovan Ltd., Caisley International GmbH, HerdDogg, H. Hauptner u. Richard Herberholz GmbH & Co. KG, EZid LLC
What Trends Are Driving Growth in The Animal Identification Systems Market?
Major companies in the animal identification systems market are adopting machine learning technologies to enhance the early detection and diagnosis of animal illnesses. For instance, in February 2022, Merck Animal Health, a US-based animal health company, unveiled SenseHub Feedlot through its Allflex Livestock Intelligence division. This system uses electronic ear tags and behavioral data to identify sick cattle with greater accuracy than visual observation, highlighting at-risk animals daily and using LED tags for efficient tracking, ultimately improving treatment outcomes for conditions like bovine respiratory disease.
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Which Regions Are Becoming Hubs for Animal Identification Systems Market Innovation?
North America was the largest region in the animal identification systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal identification systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Animal Identification Systems Market?
2. What is the CAGR expected in the Animal Identification Systems Market?
3. What Are the Key Innovations Transforming the Animal Identification Systems Industry?
4. Which Region Is Leading the Animal Identification Systems Market?
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