RFID tags for livestock management enable people to accurately measure and track the movement of livestock. It can also identify livestock in forests or fields and track them in real time. These tags are essentially a technology that collects data from small GPS tags carried by sheep, cattle and other animals. It is widely used in slaughterhouse management, hatcheries, poultry farms, and is used by government agencies to track all kinds of pets and stray animals. RFID tags enable farmers to improve breeding control, increase traceability, enhance conservation efforts and collect data on every animal in their herd.

RFID Tags for Livestock Management market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global RFID Tags for Livestock Management market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

The global RFID Tags for Livestock Management market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.

Market Dynamics

Increase government support to encourage farmers
Increasing government support to encourage farmers to adopt smart farming practices to increase agricultural production is an important factor driving the growth of the global RFID tags in the livestock management market. Many governments require the use of RFID tags on cattle and other animals in order to identify and track specific animals. Furthermore, increasing adoption of livestock management automation and government regulations governing the transition to RFID tags and animal welfare are expected to drive the global (RFID) tags in the livestock management market forward.

Rise of smart farming trend aiding the growth of the market
Smart farming is a trend that uses smart solutions such as RFID readers, RFID tags, and RFID middleware to wirelessly collect livestock data from the field, such as location changes, weight, handling codes, and expected farrowing times. These advancements are aiding in the growth of the Livestock Management Market Global (RFID) Tags.

Driver: Increased emphasis by livestock farmers on real-time animal identification and monitoring

Identification of livestock is a crucial aspect of livestock husbandry. Historically, cattle were manually identified and tracked, and they were confined to farms by physical boundaries. However, modern technologies have simplified and streamlined the identification and tracking of farm animals in real time. Biometric sensors, including non-invasive and invasive sensors, identify and track the health and behavior of individual animals in real-time, enabling farmers to integrate this information for population-related analysis. The information collected by biometric sensors is processed and integrated using big data analytics systems that rely on statistical algorithms to sift through large, complex data sets and provide farmers with relevant trending patterns and decision-making tools. Real-time data collection expedites decision-making and improves agricultural productivity. The data can be used to maximize farm processes and helps maintain supply chain management transparency. Sensor-enabled blockchain technology provides secure and guaranteed traceability of animal products from farm to table, which is a significant advantage for identifying disease outbreaks and preventing economic losses.

Increased emphasis on real-time identification solutions by livestock producers is primarily motivated by a desire for quicker disease response and prevention. Veterinary diseases are frequently curable if detected early. However, herd animals rarely exhibit visible symptoms of illness until it is too late, putting the entire herd at risk. The data in real time enables farmers to make more informed judgments. Consequently, mortality rates have decreased as a result of the use of real-time livestock identification devices. Consequently, market leaders concentrate on developing technologically sophisticated and novel products for livestock identification applications.

Restraints

The high price of electronic identification devices, such as RFID tags and receivers, is one of the primary factors preventing small farmers and farmers with limited budgets from adopting livestock identification devices. In order to enhance livestock identification and management in less time, livestock identification solutions incorporate expensive technologies such as RFID, IoT modules, artificial intelligence, and cloud computing.

The radio frequency identification (RFID) tags for livestock management market report provides details of new developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches, and domestic market players. For more information on the market for radio frequency identification (RFID) devices for livestock management, please contact Data Bridge Market Research for an Analyst Brief. Our team will assist you in making well-informed decisions for market expansion.

Challenges 

The high cost of active RFID tags is a significant restraint on the growth of the global market for radio frequency identification tags for livestock management. The cost of RFID systems is contingent upon the type of tags and the type of receivers. Passive tags used for livestock management cost approximately $0.21 each, and UFH reader systems can read up to one thousand tags per second. To manage livestock on a large scale, active RFID tags are required for enterprises like large-scale livestock companies. The price of active RFID devices is expensive. Expensive RFID readers are required for livestock owners to retrieve information from active RFID tags. One reader can cost up to $1,500. Active RFID tags are more costly than passive RFID tags, despite their many advantages over other identification methods.

Small and medium-sized livestock proprietors have limited funds available to purchase active RFID tags. In addition, the implementation cost of active RFID devices is one of the greatest obstacles. High initial investments are required for the deployment and integration of management solutions (middleware) with active RFID, which reduces vendors' profit margins. This slows the adoption of active RFID systems and hinders the expansion of the global RFID tags market for livestock management. These factors will inhibit market expansion during the forecast period.

Industry News and Key Developments

• In 2020, Alien Technology, LLC., an industry-leading RFID technology company, partnered with Digital China to strategically integrate the strengths of both companies to drive RFID sales by selling products and solutions to clients based in China.
• In 2019, HID Global Corporation, a world leader in trusted identity solutions, announced its agreement to acquire LUX-Ident, a leading provider of radio frequency identification (RFID) components. This acquisition aims to strengthen RFID technology and expand its leadership in the market.
• In February 2022, with a frequency range of 860 to 960 MHz. The reader can read UHF RFID Ear Tags such as the UM301, UM401, US201, UF301, and other UHF ear tags.
• In July 2021. (LIC). LICA is a market leader in dairy automation and technology. MSD Animal Health expects this acquisition to broaden its product portfolio and help shape the future of animal health.
• In June 2021 to accelerate and strengthen its livestock performance monitoring capabilities. With this acquisition, the company was able to assist its customers in making more informed decisions and achieve measurable results.

Market Segmentation

On the Basis of Type:

• Active
• Passive

The market is split into two types, active and inactive, based on the type. During the forecast period, the passive segment is projected to grow at a faster rate. Because passive tags don't have their own power source, they are cheaper, smaller, and last longer. The power for passive tags comes from the reader. Passive RFID tags are becoming more popular with end users because they can be used to do things like track and identify animals, use smart farming techniques, and collect real-time data on cattle, among other things. The passive part of the global RFID tags for cattle management market is growing because of these things.

On the Basis of Application:

• Sheep
• Cows
• Poultry
• Others

Based on application, the market is segmented into sheep, livestock, poultry, and others. The cattle application segment held the largest share and is anticipated to maintain its dominance throughout the forecast period. This is a result of the widespread adoption of these tags for cattle tracking in key markets such as Brazil, Argentina, and Mexico. Increasing demand for beef products combined with a growing population has led to an increase in the number of cow ranches, which has contributed to the expansion of this industry. RFID tags have numerous applications in livestock management, including animal surveillance, disease diagnosis and treatment, management of breeding and feeding schedules, and more. RFID tags can be utilized in poultry production systems for livestock management in order to identify individual birds, monitor their movement, and inventory their feed and water. In addition, they can be used to monitor avian health, track flock size, and make informed decisions regarding vaccinations or treatments. 

By Sales Channel

• Manufacturer/Distributor/Service Provider
• Aftermarket

On the Basis of Region:

Geographically, the global RFID Tags for Livestock Management market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global RFID Tags for Livestock Management region is dominating this market in the upcoming future.

The Europe region is projected to grow at a faster CAGR during the forecast period. Increasing number of livestock farming units and smart farming solutions to facilitate agricultural production are expected to drive market growth. Several government initiatives mandating the use of RFID tags to track and identify specific animals are driving the growth of RFID tags in the European livestock management market.

Market Key Players

Alien Technology, Confidex Ltd, HID Global Corporation, Honeywell international Inc., Omni-ID Ltd (U.S.), Impinj, Inc., Invengo Information Technology Co. Ltd, Smartrac N.V., The Tag Factory, and others.

• Alien Technology

RFID technology is made by the company Alien Technology. The company is based in San Jose, California, and has sales offices in the United States, Europe, and Asia. The Alien RFID Solutions Center is in the Dayton, Ohio, area. As of August 2010, about 235 people worked for Alien.

• HID Global Corporation

HID Global is an American company that makes products that keep your information safe. Assa Abloy is a Swedish company that makes doors and entry control systems. This company is a separate brand of Assa Abloy. On January 27, 2020, Bjorn Lidefelt was given the job of CEO. Stefan Widing had been in charge of HID Global for more than four years.

• Invengo Information Technology

Invengo is a major creator and manufacturer of high-quality, smart RAIN RFID (UHF) and NFC (HF) inlays, tags, and connectivity solutions that are used in the Internet of Things. Invengo is a global provider of RFID and IoT technology. (IoT). With a focus on RFID innovation, Invengo has made a line of products that are the best in many different industries, including retail, libraries, industrial laundry, pharmaceuticals, healthcare, public transportation, and many more. 

With more than 20 years of experience in RFID, Invengo is fully committed to making apps like textile services and linen inventory management, ticketing, supply chain management, authentication, asset management, and brand equity more efficient.

• The Tag Factory 

THE TAG FACTORY is an engineering company. They  excel in designing, developing and manufacturing high performance RFID Tags for a wide range of operations in the IOT, Auto-ID and Logistics market.

The Tag Factory was founded in 2008 with its primary objective to serve their customers in an European way with product affordability ,quality and on time delivery as key drivers.

5. 5. Smartrac N.V.

SMARTRAC is the leading developer, manufacturer, and supplier of RFID and NFC transponders and inlays. The company produces ready-made and customized transponders and inlays used in access control, animal identification, automated fare collection,RFID-based car immobilizers, electronic product identification, border control, industry, libraries and smart media, public transport, retail, & media management, laundry, logistics, mobile and many more. SMARTRAC was established in 2000, went public in July 2006, and trades as a stock corporation under Dutch law with its registered headquarters in Amsterdam.

The RFID Tags for Livestock Management market research report is categorized based on type, applications and region.

On the Basis of Type:

• Active
• Passive

On the Basis of Application:

• Sheep
• Cows
• Poultry
• Others

By Sales Channel

• Manufacturer/Distributor/Service Provider
• Aftermarket

Further the regions are divided into countries as follows

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report

Conclusion 

Radio-frequency identification (RFID) tags are small electronic devices that are used to identify and keep track of things. RFID tags used to keep track of livestock usually have a small chip and a receiver. The chip stores information about the item, like its name, breed, or owner. The receiver sends the information to a reader, which then figures out what it means. RFID tags can be used in many ways to control livestock. They can be used to keep track of animals as they move around a building or field. This lets farmers and ranchers keep a close eye on their herds and make better decisions about where to put resources. RFID tags can also help farmers find animals that need to be treated or vaccinated, which makes it easier to keep the health of the herd in good shape. During the forecast period, the rise of the cattle segment's market share will be important for the growth of the market as a whole. The number of animals around the world is growing because more money is being put into cow farming to make more milk and meat. Owners choose to take care of their animals without any help from humans. This increases the demand for automation in managing livestock units with new technologies like RFID, NFC, and others, which drives the sales of RFID tags in cattle and is also expected to stay the same during the forecast period.