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Global Live Animals Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Live Animals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Live Animals Market?
The market size for live animals has experienced robust growth lately. Expected to rise from $2903.46 billion in 2024 to $3079.85 billion in 2025, this progress signifies a compound annual growth rate (CAGR) of 6.1%. Factors like farming methods used in agriculture and livestock, shifts in food consumption habits, commercial activities and foreign exports in the livestock sector, cultural and religious customs, along with an expanding pet industry have all contributed to this growth trend in the past.
The anticipated robust expansion of the live animals market over the coming years is estimated to reach a value of $3836.19 billion by 2029, progressing at a compound annual growth rate (CAGR) of 5.6%. The evolution over the forecast timeframe is underpinned by factors such as global population increase, shifting dietary inclinations, considerations related to animal welfare and ethics, preferences for companion animals, growth in emerging markets and urban development. The forecast period will reportedly witness trends such as growing apprehensions regarding animal welfare, the amalgamation of technology, sustainable practices and the environmental footprint, influence of pandemics, and advancements in genetics.
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What Are the Emerging Segments Within 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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What Long-Term Drivers Are Shaping Live Animals Market Trends?
The anticipated rise in meat intake is projected to stimulate the expansion of the market for live animals. Meat, which serves as an ingredient in a well-rounded diet, refers to the edible flesh of animals and provides B vitamins, iron, and premium protein. Given that live animals are utilized for meat production and ultimately consumed as food, a surge in meat consumption paves the way for market expansion. As an illustration, as per the Food and Agriculture Organization (FAO) agriculture report outlook 2021-2030, disseminated by the Organization for Economic Co-operation and Development (OECD), an organization based in France with the mission to eradicate hunger and enhance nutrition and food security, it is projected that global per capita meat consumption will experience a rise of 0.3% p.a. to 35.4 kg in retail weight equivalent by 2030. Additionally, a 14% increase is expected in global meat protein consumption by 2030. Consequently, escalating meat consumption is fueling the growth of the live animal market.
Who Are the Top Competitors in Key Live Animals Market Segments?
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.
What Live Animals Market Trends Are Gaining Traction Across Different Segments?
The live animals market is witnessing an increasing inclination towards technological innovations as an essential trend. Predominant entities in the live animals market are honing in on the conception of modern technological alternatives to solidify their market stance. To illustrate, Elanco Animal Health Inc., an American livestock pharmaceutical corporation, and Ginkgo Bioworks, a biotech company also based in the US, jointly rolled out BiomEdit in April 2022. This novel animal health firm utilizes microbiome technology. This venture is expected to undertake the discovery, formulation, and release of novel probiotics, bioactive compounds, customized microbial medications, and microbial monitoring services to improve animal health. The objective of BiomEdit is to detect, engineer, and market unique products addressing growing needs for innovation in animal health. This includes medicated feed components, nutritional health, therapeutics for both livestock and pets, and technology for biosecurity purposes that tracks animal diseases.
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Which Regions Are Becoming Hubs for Live Animals Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Live Animals Market?
2. What is the CAGR expected in the Live Animals Market?
3. What Are the Key Innovations Transforming the Live Animals Industry?
4. Which Region Is Leading the Live Animals Market?
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