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Soaring Demand For Meat, Dairy, And Animal-Based Products Fuels Growth In The Animal Produce Market Driver: Leading Transformation in the Animal Produce Market in 2025
Which drivers are expected to have the greatest impact on the over the animal produce market's growth?The animal produce market is expected to expand due to the skyrocketing demand for meat, dairy products, and other items derived from animals. Products extracted from the body of an animal, including meat and milk, are in high demand and are consumed extensively. This notable surge in consumption is likely to prompt an increased demand for animal-based products. As per the information revealed in January 2023 by the United States Department of Agriculture, a government body responsible for the creation and implementation of federal laws concerning farming, forestry, and rural economic growth as well as food, there was a consumption of roughly 227 pounds of poultry, beef, and pork by Americans in 2022, showing an increase from 224.9 pounds in the previous year, i.e., 2021. Hence, the escalating demand for animal-based products such as meat and dairy products is pushing the animal produce market towards significant growth.
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What is the future CAGR of the animal produce market, and how will it impact industry expansion?
The size of the animal produce market has seen significant expansion in past years. Projected to jump from $5487.18 billion in 2024 to $5858.52 billion in 2025, the market is set to experience a compound annual growth rate (CAGR) of 6.8%. The historic period's growth can be credited to factors such as consumer tastes and demand, regulatory frameworks, world economic circumstances, disease epidemics, and environmental issues.
The market size for animal produce is poised for robust expansion in the imminent years, anticipated to reach $7514.25 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. This growth projection for the forecast period is due to factors like increased focus on health and wellness, introduction of precision and intelligent farming techniques, strict regulatory norms, economic development and urbanization, and efforts to tackle climate change. Key trends expected during this forecast period entail cultured and cellular agriculture, internationalization of animal produce markets, health and functionality advantages, online commerce and direct seller-to-buyer sales, and an expanded range of animal products.
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What are the most significant trends transforming the animal produce market today?
The rise of technology is a prevailing trend capturing interest in the animal produce industry. Leading corporations in this sector are focusing on the use of new technologies, such as data management, to improve farm functionality and enhance their market standing. In January 2023, JBS Live Pork, a branch of US-based pork producer JBS, debuted the Swine Data Management System from Cloudfarms in their 90 US sow farms. This technology effectively gathers data from day-to-day farm activities like servings, relocations, and animal health management directly from the barn.
Which key market segments comprise the animal produce market and drive its revenue growth?
The animal produce market covered in this report is segmented -
1) By Type: Live Animals, Meat, Milk, Egg, Skin And Hide, Wool, Honey
2) By Nature: Organic, Conventional
3) By Application: Hyper markets Or Super markets, Convenience Stores, Online Retail, Other Applications
Subsegments:
1) By Live Animals: Cattle, Sheep, Goats, Pigs, Poultry
2) By Meat: Beef, Pork, Poultry, Lamb, Processed Meats
3) By Milk: Cow Milk, Goat Milk, Sheep Milk, Specialty Milks
4) By Egg: Chicken Eggs, Duck Eggs, Quail Eggs, Specialty Eggs
5) By Skin And Hide: Leather, Hides For Tanning
6) By Wool: Sheep Wool, Specialty Fibers
7) By Honey: Raw Honey, Processed Honey, Specialty Honey
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What regions are at the forefront of animal produce market expansion?
Asia-Pacific was the largest region in the animal produce market in 2024. The regions covered in the animal produce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the animal produce market?
Major companies operating in the animal produce market include Cargill Incorporated, Sysco Corporation, JBS USA Holdings Inc., Tyson Foods Inc., Sanderson Farms Inc., Koch Foods Inc., Smithfield Foods Inc., Hormel Foods Inc., National Beef Packing Company LLC, OSI Group LLC, Conagra Brands LLC, Wen's Food Group, Wellhope Agri-Tech Co. Ltd., Industrias Bachoco S.A.B. de C.V., Perdue Farms Inc., American Foods Group LLC, Mountaire Farms Inc., Seaboard Foods LLC, Archer Daniels Midland Company, Land O'Lakes Inc., Purina Animal Nutrition LLC, Kent Corporation, Alltech Inc., New Hope Group Co. Ltd., Guangdong Haid Group Co. Ltd., ForFarmers N.V., Nutreco N.V., De Heus Animal Nutrition B.V., DLG Group, Charoen Pokphand Foods plc, Japfa Ltd., MHP SE, Cherkizovo Group Public Joint Stock Company, BRF S.A., Marfrig Global Foods S.A., Minerva Foods S.A., NH Foods Ltd., Nippon Ham Group, Toyo Suisan Kaisha Ltd.
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What Is Covered In The Animal Produce Global Market Report?
• Market Size Forecast: Examine the animal produce market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the animal produce market for a structured understanding.
• Key Players Overview: Analyze major players in the animal produce market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the animal produce market.
• Segment Contributions: Evaluate how different segments drive overall growth in the animal produce market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the animal produce market.
• Industry Challenges: Identify potential risks and obstacles affecting the animal produce market.
• Competitive Landscape: Review strategic developments in the animal produce market, including expansions, agreements, and new product launches.
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