The Global Animal Identification Tags Market is expected to gain at a CAGR of 15% over the given forecast period of 2022-2028.
Animal identification tagging is a process used to identify and track specific animals. Animal tagging is performed for various reasons, such as biosecurity management, research verification of ownership, and agricultural purposes. These animal tags are important for animal food safety, animal health and disease control. There are three types of animal identification tags: RFID (Radio Frequency Identification Device), NFC (Near Field Communication), and a two-dimensional code that identifies and tracks livestock by attaching an ear tag. Each livestock is assigned a unique electronic and physical printed tag number. A linked central electronic database is used to record the residence of each animal and to track other animals.
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Market Segments
By Types
- Radiofrequency Identification Devices (RID)
- Near Field Communication (NFC)
- 2-dimensional Codes
By Frequency
- Low Frequency
- High Frequency
- Ultrahigh Frequency
- Active Ultrahigh Frequency
By Application
- Healthcare
- Hospital Equipment Tracking
- Patient Tracking
- Pharmaceutical Authentication
Key Players
- Microchip Technology
- Impinj
- Alien Technology
- Confidex
- HID Global
- Invengo Technology
- Omni-ID
- NXP Semiconductors
- RF Code
- Ketchum Mfg
- Allflex Global
Scope of the Report
The research study analyzes the global Animal Identification Tags industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Animal Identification Tags Market Report
1. What was the Animal Identification Tags Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Animal Identification Tags Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Animal Identification Tags Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Animal Identification Tags market.
- The market share of the global Animal Identification Tags market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Animal Identification Tags market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Animal Identification Tags market.
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