Global Live Animals Market
Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) — The “Live Animals Global Market Report 2023” report has been added to AnalysisAndMarkets.com’s providing.
The international reside animals market is ready for substantial development, with a projected compound annual development price (CAGR) of seven.5%, surging from $2,508.18 billion in 2022 to an estimated $2,695.56 billion in 2023. This sturdy development trajectory is predicted to persist, in the end reaching $3,568.36 billion by 2027 at a CAGR of 6.50%.
Prominent gamers within the reside animals market embrace 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., Land O’Lakes Inc., Wellhope Foods Co Ltd., Plukon Food Group, JBS S A, Hormel Foods Corporation, and American Foods Group LLC.
Reasons to Purchase
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Gain a complete international perspective with in depth protection throughout 50+ geographies.
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Understand the market’s response to the influence of the coronavirus pandemic.
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Assess the repercussions of the Russia-Ukraine warfare on agriculture, power, mineral commodity provide, and its oblique results on the reside animals market.
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Measure the affect of excessive international inflation on market development.
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Craft regional and country-specific methods primarily based on localized information and evaluation.
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Identify funding alternatives in development segments.
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Leverage forecast information and market drivers to outperform rivals.
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Stay up to date with the latest market shares.
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Benchmark your efficiency towards key rivals.
Live Animals Overview
The reside animals market encompasses all residing organisms, excluding people, resembling birds, fish, crustaceans, bugs, reptiles, worms, and growing eggs. These organisms are categorized primarily based on their supposed use for breeding, milk, meat, egg manufacturing, or labor.
Types of Live Animals
The major sorts of reside animals embrace cattle and buffalo, pigs, poultry, sheep and goats, and others. Cattle and buffalo are domesticated bovine livestock raised for his or her milk, meat, hides, or for draught functions. These animals are distributed by each business-to-consumer (B2C) and business-to-business (B2B) channels.
Technological Innovations
Technological improvements are a major development within the reside animals market, with main corporations specializing in growing new options to strengthen their market positions. For instance, Elanco Animal Health Inc. and Ginkgo Bioworks launched BiomEdit in April 2022, an organization leveraging microbiome know-how to find, develop, and market distinctive merchandise addressing numerous animal well being wants, together with medicated feed elements, dietary well being, and therapeutics for livestock and pet species.
Acquisitions
In February 2021, Merck Animal Health acquired Poultry Sense Limited, enhancing its livestock monitoring applied sciences and increasing its presence in animal well being monitoring.
Asia-Pacific Dominance
Asia-Pacific emerged as the biggest area within the reside animals market in 2022. The market report covers areas together with Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Countries Covered
The international locations lined within the reside animals market report embrace Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Increasing Meat Consumption
The rise in meat consumption is predicted to drive the expansion of the reside animals market. Meat is a vital element of a balanced food regimen, offering B nutritional vitamins, iron, and high-quality protein. Live animals are utilized in meat manufacturing, and the growing demand for meat is a major driver for market development.
About the Live Animals Market
The reside animals market consists of revenues generated by entities concerned in breeding livestock and manufacturing animals, slaughtering animals, and pet commerce. The market worth encompasses the worth of products offered by producers or creators of the products, whether or not to different entities (together with downstream producers, wholesalers, distributors, and retailers) or straight to finish clients.
Key Attributes:
Report Attribute |
Details |
No. of Pages |
275 |
Forecast Period |
2023 – 2027 |
Estimated Market Value (USD) in 2023 |
$2695.56 billion |
Forecasted Market Value (USD) by 2027 |
$3568.36 billion |
Compound Annual Growth Rate |
7.3% |
Regions Covered |
Global |
Key Topics Covered:
1. Executive Summary
2. Live Animals Market Characteristics
3. Live Animals Market Trends And Strategies
4. Live Animals Market – Macro Economic Scenario
4.1. COVID-19 Impact On Live Animals Market
4.2. Ukraine-Russia War Impact On Live Animals Market
4.3. Impact Of High Inflation On Live Animals Market
5. Live Animals Market Size And Growth
5.1. Global Live Animals Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Live Animals Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Live Animals Market Segmentation
6.1. Global Live Animals Market, Segmentation By Animal Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Cattle and Buffalo
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Pig
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Poultry
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Sheep and Goat
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Other Animals
6.2. Global Live Animals Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7. Live Animals Market Regional And Country Analysis
7.1. Global Live Animals Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Live Animals Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For extra details about this report go to https://www.researchandmarkets.com/r/gxalp5
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