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Animal Transportation Market Size, Share,Growth, Industry, Forecast and outlook (2024-2031)

02-27-2024 10:10 AM CET | Consumer Goods & Retail

Press release from: DataM Intelligence

Animal Transportation Market Size, Share,Growth, Industry,

Animal transport is referred to as animal logistics in which animals are commercially transported by utilizing motor vehicles. In other words, animal transportation or logistics consists of the movement of livestock. Animals are transported both worldwide and nationwide for breeding, slaughter, and fattening purposes. The terms under which the animals are being transported are legalized structured by the European Regulation to ensure the safety of animals during transport. This rule has been in force for the entire member states, and it is implemented since January 2007. Various key players in the market are ensuring hygiene and safety during animal logistics. In the coming years, factors such as increased urbanization, rising demand for animal protein, and rising pet adoption rates are expected to boost market growth.

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Market Dynamics

The rise in the consumption of beef, dairy products, poultry, and meat is driving the growth of the animal transportation market, owing to the extreme penetration of the hotel and food industries. The transporting in the animal or livestock ensures the hygiene and safety and of livestock, a most important factor to maintain the quality of meat, beef, and dairy product. Handling and transporting of slaughtered animals are related to a sequence of stressful events for the livestock, compromising meat quality and welfare. The animal transportation market is expected to be driven by slaughterhouses' rising demand for live animals in order to produce and deliver more meat.

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Segment Analysis

One of the primary reasons for transportation of cattle between countries to countries is when the production of milk and other dairy products is not equal to consumption. The huge discrepancy between total milk supply and milk consumption will result in a rise in cattle trade. Furthermore, rising cattle movement for fattening and breeding purposes is expected to boost the segment's growth. On the other hand, pet segment is expected to hold during the forecast period. The various restrictions of different countries and airlines might make planning a pet animal's relocation a difficult task. As a result, pet parents prefer to hire animal transporters to ensure that their pets travel safely and comfortably. Furthermore, factors such as the rising rate of pet adoption, rising household income, and increased concerns about pet well-being and security are expected to drive up demand for pet relocation services.

Competitive Landscape

The global animal transportation market is highly fragmented. Companies are focusing on expanding their product lines and are adopting innovative technologies in order to meet consumer demand for custom animal transportation services. Some of the major players of the market include American Airlines Group Inc., DSV Panalpina AS, FedEx Corp, United Parcel Service Inc., and Herfurth Group among others. Key players are investing heavily in technology and upgrading their existing systems and devices to provide greater convenience to pets when travelling in order to gain worldwide popularity. Delta Airlines, for example, released an expensive option for four-legged animals in January 2020, a pet-carrier with a GPS tracking system, a built-in water bowl, and a triple locking door that costs roughly US$ 850. The CarePod container allows owners to trace the pet's travel, which is tracked and supervised by skilled professionals.

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