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Rising Meat Consumption Boosts Growth In The Live Animal Market: A Key Catalyst Accelerating Live Animals Market Growth in 2025
Live Animals
Live Animals Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant increase in the size of the live animals market in the recent past. The projections for future growth predict a climb from $2434.02 billion in 2024 to $2588.03 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.3%. Key factors contributing to this growth during the historical period can be traced back to agricultural and livestock farming activities, changes in food consumption habits, trends in livestock trade and exports, as well as cultural, religious practices and the expansion of the pet industry.
Live Animals Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size for live animals is set for robust expansion, anticipated to reach $3216.12 billion by 2029 with a compound annual growth rate (CAGR) of 5.6%. The predicted expansion within this period can be ascribed to factors such as increasing global population, changes in diet preferences, considerations for animal welfare and ethics, trends in companion animals, development in emerging markets, and urbanization. Key trends in the forecast period comprise concern for animal welfare, technological advancements, consideration for sustainability and environmental impact, effects from pandemics, and innovations in genetics.
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What Are the Drivers Transforming the Live Animals Market?
The anticipated rise in meat intake is projected to boost the future growth of the live animal market. Meat, the edible flesh from animals, is often a part of a nutritious diet, providing B vitamins, iron, and premium-quality protein. As live animals are utilized for meat production and consumption, a surge in meat intake will inevitably result in market expansion. As an illustration, the Agriculture Report Outlook for 2021-2030, released by The Food and Agriculture Organization (FAO) and shared by the Organization for Economic Cooperation and Development (OECD) in July 2021, projected that global per capita meat consumption will witness a 0.3% p.a. increase to reach 35.4 kg in retail weight equivalent by 2030. Additionally, the consumption of meat-based proteins worldwide is predicted to rise by 14% by 2030. Consequently, escalating meat consumption is the primary driving force behind the expansion of the live animal market.
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What Trends Will Shape the Live Animals Market Through 2029 and Beyond?
The growing popularity of technological advancements is a predominant trend in the live animals market. Major operators in this market are focusing on the creation of innovative technological solutions to solidify their market standing. In an example from April 2022, Elanco Animal Health Inc., an American livestock pharmaceutical company, collaborated with Ginkgo Bioworks, a biotech firm also based in the US, to launch BiomEdit. This new animal health company utilizes microbiome technology to pioneer probiotics, bioactive compounds, customized microbial medicines, and microbial monitoring services anticipated to benefit animal health. BiomEdit has the objective to discover, formulate, and market unique products aimed at resolving some of the most urgent calls for innovation in animal health. This includes medicated feed ingredients, nutritional health and therapeutic solutions for both livestock and pet species, as well as biosecurity technology for the monitoring of animal disease.
Which Segments in the Live Animals Market Offer the Most Profit Potential?
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 Firms Dominate the Live Animals Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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
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