Global Animal Identification Chip Market Growth 2023-2029

Global Animal Identification Chip Market Growth 2023-2029

In livestock, animal identification is critical to ensuring food chain safety and feed traceability, a key to public health and a necessary response to consumers’ growing desire to know the origin and sustainability of food. In pets and For other animals, tagging provides peace of mind for owners concerned about lost animals, and signage is also critical for identifying animals traveling with us across borders, for example to verify legal ownership or to ensure pets are vaccinated for entry into a specific country.

LPI (LP Information)' newest research report, the “Animal Identification Chip Industry Forecast” looks at past sales and reviews total world Animal Identification Chip sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Identification Chip sales for 2023 through 2029. With Animal Identification Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Identification Chip industry.

This Insight Report provides a comprehensive analysis of the global Animal Identification Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Identification Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Identification Chip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Identification Chip and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Identification Chip.

The global Animal Identification Chip market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Animal Identification Chip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Animal Identification Chip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Animal Identification Chip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Animal Identification Chip players cover Pethealth, HomeAgain, Bayer, Allflex Group, Microchip Identification Systems, AKC Reunite, Trovan, Datamars Pet ID and PETtrac, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Identification Chip market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
125 kHz Chip
128 kHz Chip
134.2 kHz Chip

Segmentation by application
Animal Shelter
Pet Hospital
Pet Shop
Family
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pethealth
HomeAgain
Bayer
Allflex Group
Microchip Identification Systems
AKC Reunite
Trovan
Datamars Pet ID
PETtrac
Virbac
Nanochip ID Inc
Avid Identification Systems
Animalcare
Microchip4Solutions
PeddyMark
Furreka
EIDAP
Cybortra Technology
PetKey
PetLink
Peeva

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Identification Chip market?

What factors are driving Animal Identification Chip market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Identification Chip market opportunities vary by end market size?

How does Animal Identification Chip break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.