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Spending on RFID on Animals and in Farming Will Rise to $2.6 Billion in 2017 According to New Report

Posted on: Thursday, 28 February 2008, 12:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c84333) has announced the addition of RFID for Animals, Food and Farming 2008-2018 to their offering.

Of the many uses for RFID, the food supply chain is set to rise dramatically to $5.8 billion spent on the systems plus the tags in 2017, becoming more important than any other application of RFID. In due course, the tagging of individual items will attract the most investment, benefiting all in the supply chain but tagging of conveyances, pallets, cases, vehicles and equipment will also be important. The allied sector of RFID on animals and in farming is similarly rising rapidly in dollars spent, an already robust figure of $462 million in 2007 rising to $2.6 billion in 2017.

There are many reasons for the growth of both of these markets, because RFID is increasingly used to track, monitor condition, prevent errors and theft, and even locate from a distance. This increases sales, improves customer satisfaction and reduces costs. As if this were not enough, there is increasing legislation driving the use of RFID for safety, notably with livestock and pets, for the rapid and optimal response to disease outbreaks, proof of vaccination, registration and so on. This report analyses this topic in depth for the first time. Over 40 case studies from across the world bring the subject alive and suppliers, technology and other aspects are also covered in detail. This 253 page report has over 65 illustrations and tables projecting tag numbers, prices and value and also system value by sector over the next ten years and much else besides.

- Challenges of the food and livestock industry

- Huge avoidable waste in the supply chain

- Bioterrorism

- Infected food

- Ever more demanding consumers

- Methods of traceability

- Up and coming technologies to monitor and identify food

- Legislation driving RFID - animals, food and farming

- Examples of livestock tagging countries

- Suppliers of standard passive RFID

-- Allflex

-- Aleis

-- Digital Angel

-- Assa Abloy Identification Technologies (IDT)

-- Trovan

-- Y-Tex Corporation

-- Rumitag

-- AgInfoLink

- Suppliers that may extend standards/ establish new standards

-- Advanced ID

-- Motorola

-- Hitachi Mew Solutions

-- PrimaryLink Technologies and Sparkice

-- Animal Profiling International

-- Somark Innovations

-- Technical trends

-- Twelve case studies of RFID for livestock

- Examples of food tagging

- Suppliers of high volume passive tags and systems

- Suppliers of active tags with sensors and systems

- RFID in Pets

- Five case studies of RFID for arable farming

- Total market - animals, food and farming 2008-2018

For more information visit http://www.researchandmarkets.com/reports/c84333.

Source: Business Wire

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