What is Animal Identification Systems Market?
Animal identification systems helps in keeping the production accurate. It identifies and tracks the records which includes animal percentage, birth rate, production records and health history. In addition, the animal identification systems provides the owners details. There are different methods of animal identification including branding, ear notching, freeze branding, hot stamping, and others. This identification of animal helps in animal slaughter management and food industry. Further, in case of disease outbreaks, the tractability helps in developing wide range of measures.
The market study is being classified, by Application (Farm animals, Pets and Doves and fish) and major geographies with country level break-up.
Alidma (United Kingdom), AEG ID (Germany), Agrident (Germany), Allflex (United States), BOS Better Online Solutions (Israel), DaltonTags (United Kingdom), Datamars (Switzerland), Destron Fearing (United States), EM Microelectronic (Switzerland) and Hauptner-Herberholz (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are I.D.ology (United States), Leader Products (Australia), Microsensys (Germany), Planet ID (Germny), Syscan RS (Canada) and Jorgensen Laboratories (United States).
The market of Animal identification systems is fragmented, due to availability of many large and small players in the market. These players try to gain a competitive edge in the market through product and technology launch, strategic partnership, acquisition, expansion, and collaboration. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Animal Identification Systems market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Animal Identification Systems market by Type, Application and Region.
On the basis of geography, the market of Animal Identification Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Concerns about the Food Quality
- Legal Requirement of Tractability of Domestic Animals is Fuelling the Market Growth
Market Trend
- Increasing Adoption of Iot in Devices
- Rising Demand of Animal Monitoring and Technological Advancements
Opportunities
- Increasing Awareness about Animal’s Physical and Mental Health
- Growing Adoption of Pets Leads to Inclination of Owners towards Animal Identification Systems
Challenges
- Longer Time Taken by the Device to Update Information
Market Leaders and some development strategies
In August 2018, Allflex has announced that it has acquired agrident which specializes in radio frequency identification data capture systems. This acquisition helps in commitment towards the providing the tools which helps in ensuring proper health and management.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations