South Korea Livestock Identification Market Size, Share, and COVID-19 Impact Analysis, By Animal Type (Cattle, Swine, and Ovine/Caprine), By Solution (Hardware, Software, and Services), and South Korea Livestock Identification Market Industry Trend, Forecasts to 2035

South Korea Livestock Identification Market Insights Forecasts to 2035

• The South Korea Livestock Identification Market Size Was Estimated at USD 40.67 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 11.62% from 2025 to 2035
• The South Korea Livestock Identification Market Size is Expected to Reach USD 136.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Livestock Identification Market is anticipated to reach USD 136.3 million by 2035, growing at a CAGR of 11.62% from 2025 to 2035. The boosting the use of livestock animal tag/ID systems to improve disease eradication and animal health surveillance, as well as to easily track vaccination status, import and export laws, production rates, and animal fatality rates, among other things.

Market Overview

The livestock identification market involves systems and technologies used to track and manage animals through methods such as RFID tags, ear tags, and biometric devices. These solutions help monitor animal health, improve traceability, and enhance disease control and food safety. The better farm management, reduced livestock theft, and compliance with national and international regulations. The growing with the increasing demand for traceable meat products, digital farming adoption, and smart agriculture technologies. In South Korea, government initiatives such as mandatory animal tagging, livestock traceability programs, and support for digital farming solutions are driving market growth. These efforts aim to ensure food security, prevent disease outbreaks, and improve consumer trust in meat quality and origin, fostering wider adoption of identification systems.

Driving Factors
The Beef traceability Act Require Individual identification from birth to consumption, strenghthening consumer confidence and aiding disease management. Programs targeting outbreaks like BSE, foot and mouth diesease and avian influenza depend on rapid animal tracking via RFID tags ear tags.

Restraining Factors

The primary constraint is the high upfront cost of advanced identification systems RFID tags, readers, and software posing a major barrier for small and medium-scale farmers in South Korea. Integration challenges also exist: new systems must align with existing farm management infrastructure, demanding technical expertise and causing operational disruption.

Market Segmentation

The South Korea livestock identification market share is classified into animal type and solution.

• The cattle spinning material segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea livestock identification market is segmented by animal type into cattle, swine, and ovine/caprine. Among these, the cattle spinning material segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The country's strong focus on traceability, food safety, and disease control within the beef industry. Government mandates and consumer demand for transparency in meat origin have driven the widespread adoption of identification systems like RFID tags and ear tagging. As cattle farming contributes substantially to the agricultural economy, the need for efficient herd management and biosecurity is expected to fuel strong CAGR growth during the forecast period.

• The hardware segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea livestock identification market is segmented by solution into hardware, software, and services. Among these, the hardware segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period.  The high demand for physical tracking tools such as RFID tags, ear tags, and readers. These devices are essential for animal identification, health monitoring, and regulatory compliance. Government mandates for traceability and disease prevention have accelerated hardware adoption, especially in cattle and swine farming. As livestock farms modernize operations, the need for durable, accurate, and cost-effective identification solutions is expected to drive strong CAGR growth in this segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea livestock identification market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Maitex Eag Ltd.
• Duckwoo Corporation
• Estal Industrial Co.
• Ilson g Chemical Industry Co.
• Hyosung TNC
• HYUNSUNG Co., Ltd.
• JIWOO H&T Co., Ltd.
• Selinfiber Corporation
• WORLDRO Co., Ltd.
• Sam Young Synthetics Co., Ltd
• Dongkeuk Textile Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea livestock identification market based on the below-mentioned segments:

South Korea Livestock Identification Market, By Animal Type

• Cattle
• Swine
• Ovine/Caprine

South Korea Livestock Identification Market, By Solution

• Hardware
• Software
• Services