Recent research from IDTechEx suggests that in future, the largest market for RFID will not be the retail or consumer packaged goods industry, as some might think, nor perhaps transport or defence. No, the largest market for RFID will be in animals, food and farming, says IDTechEx, because adopting RFID will benefit the food supply chain, including livestock disease control and the merchandising of prepared food.
By 2017, the total market for RFID systems and tags is likely to be worth $9.4bn, powered by tags that don't need silicon chips and so are a fraction of the current tag cost, plus greater development and use of real time location systems.
Traceability and tagging is a key area of interest for Farmer's Weekly, which has written extensively on the subject
Technorati tags: agriculture farming food traceability
