Global Animal Ear Tag Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Animal Ear Tag is one of the animal identifications, which is used to prove the identity of livestock, a symbol that carries the individual information of livestock, and is applied to the ears of livestock.
Market Overview:The latest research study on the global Animal Ear Tag market finds that the global Animal Ear Tag market reached a value of USD 593.48 million in 2022. It’s expected that the market will achieve USD 806.68 million by 2028, exhibiting a CAGR of 5.25% during the forecast period.
Policy push
With the continuous emphasis on food safety, great attention has also been paid to the safety of cattle, sheep, pigs and other animals throughout the breeding process. Governments of various countries carry out strict safety management of livestock products.
For example, in China, the Ministry of Agriculture and Rural Affairs issued a series of documents to promote the use of Animal Ear Tag. In some places, a strict system of wearing ear tags is implemented. Pigs, cattle and sheep that are traded on the market, slaughtered, and transported outside the county must be equipped with immune ear tags. Animals without immunization ear tags are not allowed to be traded on the market and enter the slaughterhouse. In addition, if the farm does not wear animal ear tags as required and does not establish breeding files, no policy support will be given. At the same time, enterprises that violate the regulations on the management of ear tags will be severely punished. Those who reuse ear tags, or use forged or altered ear tags will be severely punished in accordance with the provisions of the Animal Husbandry Law. Those who transfer, forge or alter ear tags shall be strictly investigated and punished in accordance with the provisions of the Animal Epidemic Prevention Law. If the illegal circumstances are serious enough to constitute a crime, the case shall be transferred to the judicial organ for investigation and punishment.
Industry market competition is fierce
Animal Ear Tag has a low industry threshold, simple production process and many market participants. With the development of the market scale of the Animal Ear Tag industry, market price transparency is high, corporate profits are low, and products are easily imitated. Therefore, product homogeneity is more serious. In this case, the company's products can be replaced by other similar companies' products, and the main purchase basis of customers is price. Animal Ear Tag industry companies mainly use price and discount as a means of differentiated competition, and industry companies are prone to low-price competition.
In addition, there are many types of Animal Ear Tag styles on the market. Under the conditions of fierce competition, some companies lower the production quality standards and expand the profit margins of their products. For example, the produced Animal Ear Tag has process defects such as material shortage, overflow, collapse pit, cold material, air bubbles, deformation, and delamination. In general, the highly competitive market has a certain degree of impact on the development of the industry.
Region Overview:Geographically, Asia Pacific held the largest market share – 38.74% in 2022.
Company Overview:Allflex Livestock Intelligence is one of the major players operating in the Animal Ear Tag market, holding a share of 14.26% in 2023.
Allflex Livestock Intelligence
Allflex Livestock Intelligence is a global leader in the design, development, manufacture and delivery of animal identification, monitoring, and traceability solutions. Allflex Livestock Intelligence The data-driven solutions are used by farmers, companies, and countries to manage hundreds of millions of animals worldwide.
Datamars
Datamars is a global data solutions company with many years of experience in animal and textile solutions. Datamars' family of product brands includes Z Tag, Tru-Test, Speedrite, Simcro, Felixcan, Petlink and Textile-ID. Datamars brings together products, technologies, and capabilities to deliver powerful data to livestock, pet and textile customers.
Segmentation Overview:By type, Electronic segment accounted for the largest share of market in 2022.
Electronic
Refers to animal ear tags using radio frequency identification device technology. Built-in electronic chip and antenna
Visual
Visual ear tags usually carry an animal identification number. Usually the ID number defines the country code, city code, animal type and serial number.
Application Overview:By application, the Pig segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Animal Ear Tag market covered in Chapter 3:Neogen
Ezid
Kupsan
Allflex Livestock Intelligence
Nedap
Idology
MS Schippers
Dalton Tags
Laipson
Shearwell Data
MERKO
Cowmanager
Y-Tex
Datamars
Milkline
CAISLEY International GmbH
Leader Products
Osborne
In Chapter 4 and Chapter 14.2, on the basis of types, the Animal Ear Tag market from 2018 to 2029 is primarily split into:Electronic
Visual
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Animal Ear Tag market from 2018 to 2029 covers:Cattle
Sheep
Pig
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)