Press release
Flourishing Live Animals Market: Spotting the Key Players, Trends, and Projected CAGR of 5.6% by 2029
Live Animals Market Size
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What Is The Projected Market Size Of The Global Live Animals Market And Its Growth Rate?_x000D_
The Live Animals Market has experienced robust growth in recent years, with forecasts implying this trend will continue:_x000D_
• 2024 Market Size: $2903.46 billion_x000D_
• 2025 Market Size: $3079.85 billion with a CAGR of 6.1%_x000D_
• 2029 Projected Market Size: $3836.19 billion, showing a CAGR of 5.6%_x000D_
The market growth can be attributed to various factors such as changing food consumption patterns, growing popularity of pet industry, and an upswing in agricultural and livestock farming practices._x000D_
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What Is Driving The Growth In The Live Animals Market?_x000D_
The surge in meat consumption is playing a pivotal role in driving the market growth of live animals. Increasing consumption of meat-a valuable part of a balanced diet because it delivers essential vitamins, iron, and high-quality protein-is triggering the demand for live animals. A report by Food and Agriculture Organization and a France-based intergovernmental organization called Organization for Economic Co-operation and Development, projects the global meat consumption per capita to jump by 0.3% p.a. to 35.4 kg by 2030. The report also anticipates a 14% increase in global consumption of meat proteins by 2030 . Therefore, the uptick in the meat industry signals favorable conditions for the growth of the live animal market._x000D_
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Who Are the Key Players Driving Live Animals Market Growth?_x000D_
Key players operating in the live animals market include_x000D_
• Cargill Incorporated_x000D_
• Tyson Foods Inc._x000D_
• Koch Foods Inc._x000D_
• Smithfield Foods Inc._x000D_
• National Beef Packing Company LLC_x000D_
• Perdue Farms Inc._x000D_
• Allanasons Private Limited_x000D_
• New Hope Group Co. Ltd._x000D_
• Charoen Pokphand Group Company Ltd._x000D_
• Wellhope Foods Co. Ltd._x000D_
• Plukon Food Group BV_x000D_
• JBS SA_x000D_
• American Foods Group LLC_x000D_
• Genus plc_x000D_
• EW Group Gmbh_x000D_
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What Are The Key Trends In The Live Animals Market?_x000D_
Key market trends to watch include:_x000D_
• Growing animal welfare concerns_x000D_
• Integration of technology into livestock farming_x000D_
• Sustainability measures and environmental considerations_x000D_
• Impact of pandemics on the market_x000D_
• Innovations in animal genetics_x000D_
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What Are The Segments Of The Global Live Animals Market?_x000D_
The global live animals market is categorized -_x000D_
1) By Animal Type: Cattle And Buffalo, Pig, Poultry, Sheep And Goat, Other Animals_x000D_
2) By Distribution Channel: Business To Consumers (B2C), Business To Business (B2B)_x000D_
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Which Region Leads The Live Animals Market?_x000D_
In 2024, Asia-Pacific held the largest share in the live animals market. Other key regions featured in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
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https://www.thebusinessresearchcompany.com/report/live-animals-global-market-report_x000D_
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What Is Covered In The Live Animals Market Global Market Report?_x000D_
- Market Size Analysis: Analyze the Live Animals Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Live Animals Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Live Animals Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Live Animals Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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