Livestock Monitoring and Identification Market 2019 Overview Set to Witness Tremendous Growth By 2027 With Industry Segments Like component, End-use, Region

At the beginning of a recently published report on the Livestock Monitoring and Identification Market 2019-2027, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Livestock Monitoring and Identification Market.
Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the industry during the forecasting period of 2019 to 2027. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the marketplace and value. Various distinctive features involve the market's knowledge based on the factors like the demographic changes, dimensions, historical details, and overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets.
The global livestock monitoring and identification market size was USD 1,545.0 million in 2019 and is projected to reach USD 3,690.4 million by 2027, exhibiting a CAGR of 11.6% during the forecast period.
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Key Players in the Livestock Monitoring and Identification Market are:
• HerdX, Inc. (Boerne, Texas)
• Afimilk Agricultural Cooperative Ltd. (Afikim, Israel)
• infsoft GmbH (Ingolstadt, Germany)
• Zee Tags Ltd. (Datamars) (Auckland, New Zealand)
• Quantified AG (Nebraska, United States)
• Allflex (SCR Engineers Ltd.) (Texas, United States)
• BouMatic (Madison, Wisconsin)
• Connecterra B.V. (Amsterdam, The Netherlands)
• ID Tech Solutions Private Limited (Haryana, India)
• Shearwell Australia (East Bendigo, Australia)
• Y-Tex Corporation (Wyoming, United States)
• Dairymaster (County Kerry, Ireland)
• GEA Group (Düsseldorf, Germany)
• DeLaval Inc. (County Kerry, Ireland)
• CowManager B.V. (Harmelen, Netherlands)
• Valley Agricultural Software, Inc. (California, United States)
• Cainthus (Dublin, Ireland)
• Lely International N.V. (Maassluis, the Netherlands)

Scope of the Report:
• Livestock Monitoring and Identification Market 2021 global industry research report is a professional and in-depth study on the Advanced Traffic Management Systems trends, share, size, growth, as well as industry analysis. Furthermore, size, the revenue shares of each segment and its sub-segments, as well as forecast figures are also covered in this report.
• The Global Livestock Monitoring and Identification Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
• The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of industry. Furthermore, the report offers a detailed analysis and information as per Livestock Monitoring and Identification Market Growth Analysis by manufacturers, segments helping our readers to get a comprehensive overview of the global
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The report on the livestock monitoring and identification market include:
• An insightful analysis of the market
• Fundamental market trends and drivers
• Evolving industry developments
• Wide-ranging data about eminent players
• Competitive landscape
• COVID-19 impact
Market Driver:
Rising Cases of Animal Diseases to Spur Demand for Livestock Monitoring and Identification Solutions
The rising population has led to a heavy demand for meat and livestock. The cattle industry's ongoing expansion will subsequently create lucrative opportunities for livestock monitoring in the forthcoming years. However, the threats from pathogens, coupled with the ever-changing environment, have resulted in disease outbreaks in the livestock industry. The increasing number of heat stress, floods, and drought events will further result in the spread of new diseases, emerging as macro-parasites and vector-borne diseases. For instance, in June 2019, farmers and livestock keepers across Asia witnessed the spread of African Swine Fever (ASF) that forced them to slaughter millions of pigs. Besides, the rising environmental concerns in various countries will constrict the livestock monitoring and identification market growth in the foreseeable future.
Spike in COVID Cases to Dampen Business Development
The COVID-19 crisis has reduced the demand for animal products, especially meat and dairy products, across the globe. The restriction imposed by the governments has severely affected the global hotel and catering business, hence dampening market growth. However, new initiatives by governments and private organizations favoring animal health and welfare can simultaneously improve the market prospects in the foreseeable future. For instance, by January 2022, the United States Department of Agriculture (USDA) would not approve metal or other ear tags that do not contain RFID components for animal tracing.
Competitive Landscape:
Adoption of Key Strategies by Industry Players to Consolidate Business
The market is presently controlled by Zee Tags Ltd. (Datamars), Quantified AG, Allflex (SCR Engineers Ltd.), ID Tech Solutions Private Limited, Shearwell Australia, AEG ID (AB Electrolux), and others. Numerous companies are introducing innovative ways to enhance their product offerings. Moreover, prominent players are adopting strategies such as product launches, partnerships, and others to strengthen their global market presence.
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Regional Analysis:
High Consumption of Dairy Products to Stimulate Growth in Asia Pacific
The Asia Pacific is expected to rise at a considerable livestock monitoring and identification market share during the forecast period due to milk and beef consumption in the region. The government mandates and interstate livestock exchange regulations are expected to contribute positively to the market's growth. The launch of innovative technologies to cater to the demand for fast-moving animal and dairy products will spur opportunities for the market. The increasing population growth in India, South Korea, and others will augur well for the market. Europe is expected to observe a significant growth rate due to meat and dairy products in France, the UK, and Italy. According to European Union, the EU meat market will be accompanied by higher global demand over 2030, leading to higher exports and reaching 4.7mt in 2030 from 4.35mt in 2017.

Table Of Content
• Introduction
o Definition, By Segment
o Research Methodology/Approach
o Data Sources
• Key Takeaways
• Market Dynamics
o Macro and Micro Economic Indicators
o Drivers, Restraints, Opportunities, and Trends
o Impact of COVID-19
 Short-term Impact
 Long-term Impact
• Competition Landscape
o Business Strategies Adopted by Key Players
o Consolidated SWOT Analysis of Key Players
o Porter's Five Force Analysis
• Global Livestock Monitoring and Identification Key Players Market Share Insights and Analysis, 2019
• Key Market Insights and Strategic Recommendations
• Primary Interviewee's Key Responses
• Companies Profiled
o Overview
 Key Management
 Headquarters etc.
o Offerings/Business Segments
o Key Details
 Employee Size
 Key Financials
• Past and Current Revenue
• Gross Margin
• Geographical Share
• Business Segment Share

TOC Continued...!
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