The Global Livestock Identification market was valued at USD 1.92 billion in 2021 and is expected to reach USD 4.11 billion by the year 2028, at a CAGR of 11.48%.
Livestock identification is the basis for keeping proper production records of the herd/flock. Individual livestock identification enables producers to maintain records on an animal's birth date, health history, parentage, production records, and a host of other important management information.