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Animal Transportation Market Was Valued at USD 338.0 Million in 2020, Rising Pet Acceptance Rates

Global Animal Transportation Market by Type (By Land, By Sea and By Air), By Application (Live Stock, Pets, Research Animals, Zoo Animals, Aquarium Animals and Others) and Geography- Animal Transportation market is estimated to be valued USD 338.0 Million in 2020 and poised to grow at significant CAGR of 4.3% over 2021-2027, to reach USD 453.2 Million by 2027.

Global Animal Transportation Market by Type (By Land, By Sea and By Air), By Application (Live Stock, Pets, Research Animals, Zoo Animals, Aquarium Animals and Others) and Geography- Global/Region/Country Forecast to 2027.

Pets Dominate the Animal Transportation Market
Based on Application, Pets accounted 42.8% market share and it is expected to grow with a CAGR 4.3% from 2021-2027 as pet parents are prone towards animal transporters to make sure the safe and comfortable journey of their pets. Also, factors such as rising household income, growing pet acceptance rate, and increasing worries regarding pet well-being and security are likely to boost the demand for segment’s growth.

View detailed report description at: https://precisionbusinessinsights.com/market-reports/animal-transportation-market/

North America leads Animal Transportation Market
North America holds market share 45.3% in the animal transportation market, it is expected to increase in the coming years. The rising production of meat within the region and increasing demand for animals from the dairy industry and slaughterhouses continue to have a constructive effect on the revenue generation of animal transporters.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:

Animal Transportation market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, February 2020, Air France joint ventured with KLM, Delta Air Lines, and Virgin Atlantic will expand the traveling routes and introduce more flights for customers to travel. The expanded joint venture between the airlines is expected to deliver greater reliability, travel benefits, and other services that will facilitate the customer’s journey.

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Key player’s profiles covered, Happy Tails Travel, IAG Cargo, Hinsdale Humane Society, Herfurth Logistics, GRADLYN GmbH, EMO Trans Inc., United Parcel Service, FedEx, American Airlines Inc., DSV, Amerijet International and Lufthansa Cargo AG.

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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership. Capacity to provide in-depth research analysis for more than 30 countries. In addition to delivering more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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