RFID Livestock Spending Trends
Research and Markets 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. ![[end]](/resources/bullet/rfidnews-4.gif)
