Global Live Animals Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
14 Jul, 2023
The global live animals market size is expected to grow from $2,508.18 billion in 2022 to $2,695.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global live animals market size is expected to reach $3,568.36 billion in 2027 at a CAGR of 6.50%.
Global Live Animals Market Key Driver
Rising meat consumption is likely to drive the live animal business ahead in the coming years. Meat is animal meat that is consumed as food and can be part of a healthy diet. They are high in B vitamins, iron, and protein. Because live animals are needed to produce meat and are consumed as food, increased meat consumption will drive market expansion.
Get a sample of the global live animals market reportGlobal Live Animals Market Segments
The global live animals market 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)
3) By Geography: The regions covered in the live animals market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global live animals market.
Major Live Animals Industry Players
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, American Foods Group LLC
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Live Animals Market Overview
Live animals refer to all living organisms (other than humans) including birds, fish, crustacean, insects, reptiles, worms and developing eggs as well. They are divided into subcategories based on the types of animals they are. These are intended for breeding, production of milk, meat and eggs or labor.
Live Animals Global Market Report 2023 provides data on the global live animals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The live animals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.