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Key Influencer in the Live Animals Market 2025: Rising Meat Consumption Boosts Growth In The Live Animal Market Driver
Live Animals Market Size
The live animal market is predicted to grow as meat consumption increases. Meat, which is the flesh of an animal used for food, contributes to a balanced diet, providing iron, high-quality protein, and B vitamins. Live animals are crucial for meat production and their consumption is directly linked to the growing meat market. In an example from July 2021, the Food and Agriculture Organization (FAO) agricultural outlook report for 2021-2030, presented by the Organization for Economic Co-operation and Development (OECD), an intergovernmental organization based in France aiming to curb hunger and promote nutrition and food security, projected that global per capita meat consumption would rise by 0.3% per annum to 35.4 kg in retail weight equivalent by 2030. Moreover, global meat protein consumption is forecasted to grow by 14% by 2030. Hence, the upswing in meat consumption significantly contributes to the expansion of the live animal market.
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What Is the projected market size and growth rate for the live animals market?
Recent years have seen a significant expansion in the live animals market size. It is projected to increase from $2903.46 billion in 2024 to $3079.85 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1%. The growth witnessed in the past period is linked to factors such as agricultural activities, livestock farming, changes in food consumption, livestock trade and exports, as well as cultural, religious practices and the burgeoning pet industry.
Anticipations of significant upswing are seen for the live animal's market size over the coming years. The projection indicates a rise to $3836.19 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. Various factors contribute to this expected growth during the forecast period, such as global population increase, shifts in dietary habits, animal welfare, ethical issues, the trend for companion animals, developments in emerging markets, and urbanization. The forecast period is set to witness major trends including heightened concerns for animal welfare, technological incorporations, sustainability, environmental impact, strain from pandemics, and advanced genetic innovations.
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What new trends are reshaping the live animals market and its opportunities?
Technological advancements are emerging as a significant trend in the live animals market, with leading companies striving to create innovative tech solutions to consolidate their market positions. For example, Elanco Animal Health Inc., an American livestock pharmaceutical firm, and Ginkgo Bioworks, an American biotech firm, announced the launch of BiomEdit, a novel animal health company utilizing microbiome technology, in April 2022. The new venture is projected to discover, create, and launch new probiotics, bioactive compounds, specialized microbial medications, and microbial tracking services for animal health. BiomEdit is geared towards identifying and marketing unique products to meet the growing need for innovative solutions in animal health. This includes medicated feed constituents, nutritional health, therapeutics for pet and livestock species, and biosecurity tech to track animal diseases.
What major market segments define the scope and growth of the live animals market?
The live animals market covered in this report is segmented -
1) By Animal Type: Cattle And Buffalo, Pig, Poultry, Sheep And Goat, Other Animals
2) By Distribution Channel: Business To Consumers (B2C), Business To Business (B2B)
Subsegments:
1) By Cattle And Buffalo: Dairy Cattle, Beef Cattle, Buffalo
2) By Pig: Breeding Pigs, market Pigs
3) By Poultry: Broilers, Layers, Turkeys, Ducks
4) By Sheep And Goat: Sheep, Goats
5) By Other Animals: Horses, Rabbits, Other Livestock
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Which region dominates the live animals market?
Asia-Pacific was the largest region in the live animals market in 2024. The regions covered in the live animals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the live animals industry growth?
Major companies operating in the live animals market include Cargill Incorporated, Tyson Foods Inc., Koch Foods Inc., Smithfield Foods Inc., National Beef Packing Company LLC, Perdue Farms Inc., Allanasons Private Limited, New Hope Group Co. Ltd., Charoen Pokphand Group Company Ltd., Wellhope Foods Co. Ltd., Plukon Food Group BV, JBS SA, American Foods Group LLC, Genus plc, EW Group Gmbh, Groupe Grimaud SA, Tonnies Holding GmbH & Co KG, Westfleisch eG, Vion Food Group Ltd., Heinrich Müller GmbH & Co. KG, Danish Crown A/S, Marfrig Global Foods SA, Sanderson Farms Inc., Guangdong Wens Foodstuff Group Co. Ltd., Beijing Dabeinong Technology Group Co. Ltd., Muyuan Foods Co. Ltd.
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What Is Covered In The Live Animals Global Market Report?
• Market Size Forecast: Examine the live animals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the live animals market for a structured understanding.
• Key Players Overview: Analyze major players in the live animals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the live animals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the live animals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the live animals market.
• Industry Challenges: Identify potential risks and obstacles affecting the live animals market.
• Competitive Landscape: Review strategic developments in the live animals market, including expansions, agreements, and new product launches.
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