Europe Animal Identification Market Size & Outlook
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Europe animal identification market highlights
- The Europe animal identification market generated a revenue of USD 1,341.3 million in 2024.
- The market is expected to grow at a CAGR of 9.1% from 2025 to 2030.
- In terms of segment, livestock animals was the largest revenue generating animal type in 2024.
- Other Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, Sweden is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,341.3 million |
| Market revenue in 2030 | USD 2,249.6 million |
| Growth rate | 9.1% (CAGR from 2025 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Other Animals |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Livestock Animals, Other Animals |
| Key market players worldwide | Merck & Co Inc, Assa Abloy AB Class B, AEG, Avery Dennison Corp, Avid Identification Systems, Datamars, Shearwell Data, Gao Rfid, FitBark |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.1% of the global animal identification market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,961.5 million by 2030.
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Animal Identification Market Scope
Animal Identification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| FitBark | View profile | 11-50 | Kansas City, Missouri, United States, North America | https://www.fitbark.com |
| Shearwell Data | View profile | 101-250 | Timberscombe, Somerset, United Kingdom, Europe | https://www.shearwell.co.uk/ |
| Avid Identification Systems | View profile | 51-100 | Norco, California, United States, North America | https://avidid.com/ |
| Datamars | View profile | 501-1000 | Lugano, Ticino, Switzerland, Europe | http://www.datamars.com |
| Gao Rfid | View profile | 101-250 | Toronto, Ontario, Canada, North America | https://www.gaorfid.com |
| AEG | View profile | 101-250 | Luton, Bedfordshire, United Kingdom, Europe | http://www.aeg.com |
| Assa Abloy AB Class B | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Avery Dennison Corp | View profile | 35000 | 8080 Norton Parkway, Mentor, OH, United States, 44060 | https://www.averydennison.com |
Europe 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 57.79% in 2024. Horizon Databook has segmented the Europe animal identification market based on companion animals, livestock animals, other animals covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe animal identification market is influenced by factors such as stringent regulatory frameworks, animal disease prevention, and trade requirements. Initiatives like DAERA's introduction of 'XI' prefix livestock tags in June 2024 highlight the shift towards standardized systems to ensure traceability and compliance with export regulations.
From 24 June 2024, new livestock tags with the 'XI' prefix will replace 'UK' tags, which will no longer be available for purchase. Existing 'UK' tags can be used until the final switchover in January 2025. DAERA advises using 'XI' tags for newborn animals, especially those intended for export, to avoid re-identification. Additionally, technological advancements like RFID tags and blockchain enhance efficiency and transparency in tracking livestock movement, further driving market adoption.
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Target buyers of Europe 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe animal identification market , including forecasts for subscribers. This continent databook contains high-level insights into Europe animal identification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe animal identification market size, by country, 2018-2030 (US$M)
Europe Animal Identification Market Outlook Share, 2024 & 2030 (US$M)
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