Global Animal Identification Market Size & Outlook
Global animal identification market, 2018-2030 (US$M)
Related Markets
Global animal identification market highlights
- The global animal identification market generated a revenue of USD 4,180.2 million in 2023 and is expected to reach USD 7,888.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.5% by 2030.
- In terms of segment, livestock animals accounted for a revenue of USD 2,236.8 million in 2023.
- Other Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,180.2 million |
| Market revenue in 2030 | USD 7,888.5 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Other Animals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Livestock Animals, Other Animals |
Other key industry trends
- In terms of revenue, the North America accounted for 33.3% of the global animal identification market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 508.9 million by 2030.
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Animal Identification Market Scope
Animal Identification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global animal identification market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal identification market will help companies and investors design strategic landscapes.
Livestock animals was the largest segment with a revenue share of 53.51% in 2023. Horizon Databook has segmented the Global animal identification market based on companion animals, livestock animals, other animals covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Animal Identification Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Livestock Animals
- Other Animals
- Global Animal Identification Solution Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Electronic
- Visual
- Applicators & Consumables
- Software
- Services
- Hardware
- Global Animal Identification Usage Outlook (Revenue, USD Million, 2018-2030)
- Permanent
- Non-Permanent
- Global Animal Identification Procedure Outlook (Revenue, USD Million, 2018-2030)
- Wearables
- Microchipping
- Ear Notching
- Tattooing
- Other Methods
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Target buyers of Global animal identification market databook
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Our clientele includes a mix of animal identification market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global animal identification market , including forecasts for subscribers. This global databook contains high-level insights into Global animal identification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global animal identification market size, by regions, 2018-2030 (US$M)
Top 10 countries: Animal identification market size, 2023 (US$M)
Global animal identification market share, by animal type, 2023 & 2030 (%, US$M)
Animal identification market: Opportunity assessment by country
Global animal identification market, by region, 2023 (US$M)
| Animal Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,023.6 | 1,098.5 | 1,115.1 | 1,198.3 | 1,288.4 | 1,393.8 | 1,509.4 | 1,636.2 | 1,775.6 | 1,928.9 | 2,097.6 | 2,283.6 | 2,488.8 | 8.6% |
| Europe | 810.1 | 875.9 | 895.9 | 970.0 | 1,050.8 | 1,140.0 | 1,238.0 | 1,345.8 | 1,464.6 | 1,595.5 | 1,740.0 | 1,899.7 | 2,076.2 | 8.9% |
| Asia Pacific | 557.0 | 618.6 | 649.7 | 722.5 | 803.9 | 886.5 | 978.6 | 1,081.4 | 1,196.2 | 1,324.6 | 1,468.4 | 1,629.6 | 1,810.4 | 10.7% |
| Latin America | 295.0 | 324.9 | 338.6 | 373.4 | 412.1 | 453.8 | 500.2 | 551.8 | 609.5 | 673.9 | 745.8 | 826.4 | 916.7 | 10.6% |
| MEA | 203.4 | 223.8 | 232.2 | 254.6 | 278.5 | 306.2 | 336.6 | 370.1 | 407.0 | 447.7 | 492.5 | 541.9 | 596.4 | 10.0% |
| Overall | 2,889.1 | 3,141.6 | 3,231.5 | 3,518.7 | 3,833.7 | 4,180.2 | 4,562.7 | 4,985.4 | 5,452.9 | 5,970.6 | 6,544.4 | 7,181.1 | 7,888.5 | 9.5% |
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