Animal Produce Market 2025-2029: Unveiling Growth Developments with the Latest Updates
This market research is a valuable tool for leaders seeking to align their strategies with the realities and opportunities in the animal produce industry.
Animal Produce Market Valuation Forecast: What Will The Market Be Worth By 2025?
The animal produce market size has grown strongly in recent years. It will grow from $4713.21 billion in 2024 to $5029.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to consumer preferences and demand, regulatory landscape, global economic conditions, disease outbreaks, environmental concerns.
The animal produce market size is expected to see strong growth in the next few years. It will grow to $6398.36 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rising health and wellness trends, precision agriculture and smart farming, stringent regulatory standards, economic growth and urbanization, climate change mitigation efforts. Major trends in the forecast period include cultured and cellular agriculture, globalization of animal produce markets, health and functional benefits, online retail and direct-to-consumer sales, diversification of animal products.
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What Are The Key Factors Driving Growth In The Animal Produce Market?
The increasing demand for meat, dairy products, and other animal-based products is expected to propel the growth of the animal produce market going forward. Animal products are substances obtained from an animal’s body, such as flesh or meat, milk, and others, used for consumption. The rising demand for meat, dairy products, and others will propel the need for animal produces. For instance, according to the data released in January 2023, by the United States Department of Agriculture, a US-based governmental agency responsible for creating and enforcing federal laws governing farming, forestry, rural economic growth, and food, in 2022, Americans consumed approximately 227 pounds of poultry, beef, and pork, an increase from 224.9 pounds of meat in 2021. Therefore, increasing demand for meat, dairy products, and other animal-based products is driving the growth of the animal produce market.
Emerging And High-Growth Segments In The Global Animal Produce Market
The animal produce market covered in this report is segmented —
1) By Type: Live Animals, Meat, Milk, Egg, Skin And Hide, Wool, Honey
2) By Nature: Organic, Conventional
3) By Application: Hypermarkets Or Supermarkets, Convenience Stores, Online Retail, Other Applications
Subsegments:
1) By Live Animals: Cattle, Sheep, Goats, Pigs, Poultry
2) By Meat: Beef, Pork, Poultry, Lamb, Processed Meats
3) By Milk: Cow Milk, Goat Milk, Sheep Milk, Specialty Milks
4) By Egg: Chicken Eggs, Duck Eggs, Quail Eggs, Specialty Eggs
5) By Skin And Hide: Leather, Hides For Tanning
6) By Wool: Sheep Wool, Specialty Fibers
7) By Honey: Raw Honey, Processed Honey, Specialty Honey
Animal Produce Market Future Trends
Technological advancement is a key trend gaining popularity in the animal produce market. Major companies operating in the animal produce sector are concentrating on implementing new technologies, such as data management, to optimize farm operations and strengthen their market position. In January 2023, JBS Live Pork, a subsidiary of JBS, a US-based pork producer, implemented Cloudfarms’ Swine Data Management System in their 90 US sow farms to accurately collect data from daily farm operations such as servings, relocations, and animal health management directly in the barn.
Key Animal Produce Company Insights:
Major companies operating in the animal produce market include Cargill Incorporated, Sysco Corporation, JBS USA Holdings Inc., Tyson Foods Inc., Sanderson Farms Inc., Koch Foods Inc., Smithfield Foods Inc., Hormel Foods Inc., National Beef Packing Company LLC, OSI Group LLC, Conagra Brands LLC, Wen’s Food Group, Wellhope Agri-Tech Co. Ltd., Industrias Bachoco S.A.B. de C.V., Perdue Farms Inc., American Foods Group LLC, Mountaire Farms Inc., Seaboard Foods LLC, Archer Daniels Midland Company, Land O’Lakes Inc., Purina Animal Nutrition LLC, Kent Corporation, Alltech Inc., New Hope Group Co. Ltd., Guangdong Haid Group Co. Ltd., ForFarmers N.V., Nutreco N.V., De Heus Animal Nutrition B.V., DLG Group, Charoen Pokphand Foods plc, Japfa Ltd., MHP SE, Cherkizovo Group Public Joint Stock Company, BRF S.A., Marfrig Global Foods S.A., Minerva Foods S.A., NH Foods Ltd., Nippon Ham Group, Toyo Suisan Kaisha Ltd.
View the full animal produce market report here:
https://www.thebusinessresearchcompany.com/report/animal-produce-global-market-report
How Does Animal Produce Market Growth Vary Across Major Regions?
Asia-Pacific was the largest region in the animal produce market in 2024. The regions covered in the animal produce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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