Global Precision Ranching Identification Tag Supply, Demand and Key Producers, 2023-2029
The global Precision Ranching Identification Tag market size is expected to reach $ 2798.3 million by 2029, rising at a market growth of 9.4% CAGR during the forecast period (2023-2029).
Smart ear tags build on our years of research into livestock production and long-term sensing and tracking. An ear tag is a plastic or metal object used to identify livestock and other animals. If the ear tag uses radio frequency identification device (RFID) technology, it is called an electronic ear tag. It has geolocation capabilities, improves the traceability and provenance of livestock, and will provide a platform for other possible future applications. Increasing importance of smart ear tags by farmers to track temperature and activity patterns of animals is expected to be a factor driving market growth during the forecast period. Increase in the number of agricultural start-ups in the recent period is also a factor driving the market growth over the forecast period. These startups are focusing on building reliable agricultural technology products to ensure the safety of animals and this factor is estimated to also play a decisive role in the growth of the market. Smart ear tags reduce risk and operational expenses, improve performance and facilitate traceability. Depending on the end of the mark, the mark can be made on one or both ears of the animal. These features of the product are expected to drive the growth of the market over the forecast period.
Precision ranching identification tags are electronic devices specially used for animal identification and electronic management. It is an animal electronic ID card that can be automatically recognized. One can easily and automatically identify each individual animal through various types of dedicated readers. Through this electronic ear tag, it can be traced back to the growth data and whereabouts management data of livestock, and can be linked to production farms, purchase farms, slaughterhouses and even terminal supermarkets.
This report studies the global Precision Ranching Identification Tag production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Precision Ranching Identification Tag, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Precision Ranching Identification Tag that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Precision Ranching Identification Tag total production and demand, 2018-2029, (K Units)
Global Precision Ranching Identification Tag total production value, 2018-2029, (USD Million)
Global Precision Ranching Identification Tag production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Precision Ranching Identification Tag consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Precision Ranching Identification Tag domestic production, consumption, key domestic manufacturers and share
Global Precision Ranching Identification Tag production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Precision Ranching Identification Tag production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Precision Ranching Identification Tag production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).
This reports profiles key players in the global Precision Ranching Identification Tag market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quantified AG, Caisley International, Smartrac, Merck, Ceres Tag, Ardes, Kupsan, Stockbrands and CowManager BV, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Precision Ranching Identification Tag market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Precision Ranching Identification Tag Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Precision Ranching Identification Tag Market, Segmentation by Type
First-Generation Tags
Second-Generation Tags
Third-Generation Tags
Global Precision Ranching Identification Tag Market, Segmentation by Application
Farm Management
Food Safety Tracking
Companies Profiled:
Quantified AG
Caisley International
Smartrac
Merck
Ceres Tag
Ardes
Kupsan
Stockbrands
CowManager BV
HerdDogg
MOOvement
Moocall
Datamars
Drovers
Dalton Tags
Tengxin
Key Questions Answered
1. How big is the global Precision Ranching Identification Tag market?
2. What is the demand of the global Precision Ranching Identification Tag market?
3. What is the year over year growth of the global Precision Ranching Identification Tag market?
4. What is the production and production value of the global Precision Ranching Identification Tag market?
5. Who are the key producers in the global Precision Ranching Identification Tag market?
6. What are the growth factors driving the market demand?