Radio Frequency Identification Tags for Livestock Management market research forecast to 2029

 RFID applications have many benefits in sheep and goat farming, hog and pig farming, equine facilities, poultry and egg production centres, dairy cattle ranching, beef steer ranching, and aquaculture. This is due to strong government support for farmers to adopt smart farming practises and increase agricultural output.

Data Bridge Market Research analyses that the radio frequency identification (RFID) tags for livestock management market was valued at USD 1.35 billion in 2021 and is expected to reach the value of USD 1.53 billion by 2029, at a CAGR of 1.60% during the forecast period of 2022-2029.

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