Global Animal Transportation Market is Segmented By Animal (Cattle, Pigs, Poultry, Pets, Others), By Type (Commercial, Personal), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) â Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview:
The Global "Animal Transportation Market" is Expected to reach at a CAGR of 62.7% during the forecast period (2024-2031)
Animal transport is referred to as animal logistics in which animals are commercially transported by utilizing motor vehicles. In other words, animal transportation or logistics consists of the movement of livestock. Animals are transported both worldwide and nationwide for breeding, slaughter, and fattening purposes. The terms under which the animals are being transported are legalized structured by the European Regulation to ensure the safety of animals during transport. This rule has been in force for the entire member states, and it is implemented since January 2007. Various key players in the market are ensuring hygiene and safety during animal logistics. In the coming years, factors such as increased urbanization, rising demand for animal protein, and rising pet adoption rates are expected to boost market growth.
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Market Dynamics
The rise in the consumption of beef, dairy products, poultry, and meat is expected to drive the market growth
The rise in the consumption of beef, dairy products, poultry, and meat is driving the growth of the animal transportation market, owing to the extreme penetration of the hotel and food industries. The transporting in the animal or livestock ensures the hygiene and safety and of livestock, a most important factor to maintain the quality of meat, beef, and dairy product. Handling and transporting of slaughtered animals are related to a sequence of stressful events for the livestock, compromising meat quality and welfare. The animal transportation market is expected to be driven by slaughterhouses' rising demand for live animals in order to produce and deliver more meat.
Furthermore, key players in the animal transportations market are executing new technologies to decrease transportation costs and enhance efficiency. The blockchain logistics method is mostly utilized technology by several players in the market. It is a distributed ledger technology which permanently and securely records transactions among parties. The system permits the optimal use of technology to facilitate shipment, payment, shipping details, and other aspects of the industry's functioning. In the coming years, market growth is expected to be boosted by the increased adoption of modern technologies that will allow for more organized operations.
Market Segmentation
Cattle segment is expected to dominate the global animal transportation market
One of the primary reasons for transportation of cattle between countries to countries is when the production of milk and other dairy products is not equal to consumption. The huge discrepancy between total milk supply and milk consumption will result in a rise in cattle trade. Furthermore, rising cattle movement for fattening and breeding purposes is expected to boost the segment's growth. On the other hand, pet segment is expected to hold highest CAGR of XX% during the forecast period. The various restrictions of different countries and airlines might make planning a pet animal's relocation a difficult task. As a result, pet parents prefer to hire animal transporters to ensure that their pets travel safely and comfortably. Furthermore, factors such as the rising rate of pet adoption, rising household income, and increased concerns about pet well-being and security are expected to drive up demand for pet relocation services.
Geographical Penetration:
Europe is the largest market for animal transportation with a share of nearly XX% in global sales value in 2020
By geography, Europe is expected to dominate the global animal transportation market in the year 2020. In comparison to other regions of the world, European live animal production standards are exceptionally high. As a result, live animal exports from Europe may expand in the future years. Thousands of farm animals are transported every day for slaughter, breeding, and fattening within Europe and to foreign nations. The growing demand for animals from the dairy industry and slaughterhouses, as well as increased pork production in the region, continue to benefit animal transporters' revenue generation. Furthermore, Europe produces more farm animals than the region needs, therefore it is exported to other regions. For example, in 2018, there were 87 million bovine animals, around 100 million sheep and goats, 147 million swine, 290 million laying hens, and other animals ranging from rabbits to horses. The growing farm animal trade, both inside and outside of Europe, is predicted to boost regional growth.
Germany is expected to have a significant market share. In Germany, meat processing is a substantial economic sector. According to the Federal Statistical Office (FSO), the meat processing business had a revenue of roughly USD 47.5 billion in 2019, and German companies produced nearly 8 million tonnes of meat. The regional market's growth momentum is being driven by the developing meat processing sector and rising regional farm animal transportation, that is, from farm to slaughterhouses or farm to fattening place.
Source: DataM Intelligence Analysis (2021)
Competitive Landscape:
The global animal transportation market is highly fragmented. Companies are focusing on expanding their product lines and are adopting innovative technologies in order to meet consumer demand for custom animal transportation services. Some of the major players of the market include American Airlines Group Inc., DSV Panalpina AS, FedEx Corp, United Parcel Service Inc., and Herfurth Group among others. Key players are investing heavily in technology and upgrading their existing systems and devices to provide greater convenience to pets when travelling in order to gain worldwide popularity. Delta Airlines, for example, released an expensive option for four-legged animals in January 2020, a pet-carrier with a GPS tracking system, a built-in water bowl, and a triple locking door that costs roughly US$ 850. The CarePod container allows owners to trace the pet's travel, which is tracked and supervised by skilled professionals. Brussels Airport launched a new Animal Care & Inspection Center in June 2020, which will be able to change the light and temperature levels of the animals based on their needs. This animal shelter is suitable for both small and large animals. To gain a competitive advantage, key players are also focusing on mergers and acquisitions. For example, Air France, in collaboration with KLM, Delta Air Lines, and Virgin Atlantic, will increase travel routes and launch more flights for passengers in February 2020. The airlines' expanded joint venture is planned to provide improved reliability, travel advantages, and other services that will make the customer's journey easier.
COVID-19 Impact
The market witnessed a negative impact
The animal transportation sector has suffered as a result of the COVID-19 outbreak. The significant decrease in international and domestic travel, as well as an increase in the number of flights cancelled, are projected to have a negative impact on overall market growth. Some airlines have altogether ceased transporting live animals, while others have placed restrictions on passengers travelling with pets. Furthermore, decreasing demand across meat markets, which has resulted in the closure of several live animal (animals slaughtered for meat) marketplaces due to logistical channel disruptions and a drop in demand, is expected to have a negative impact on market growth. Live farm animals have been included to a list of priority items that can readily transit over borders via green lanes, which are expected to decrease the impact of the pandemic on the market. However, as the likelihood of slaughterhouses becoming a source of coronavirus grows, purchasers are avoiding purchasing meat, and as a result, animal transporters' revenue is expected to decline. Furthermore, as a result of the COVID-19 pandemic, pet parents would avoid relocating their pets, which will have a negative impact on market growth.
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âĸ Understand the current market scenario and viability of global animal transportation over the forecast period
âĸ Visualize the composition of the global animal transportation market in terms of animal and type to identify major players, growth potential, and market strategies
âĸ Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
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âĸ PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
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Target Audience:
âĸ Animal Transportation Companies
âĸ Pet Services Providers
âĸ Industry Investors/Investment Bankers
âĸ Education & Research Institutes
âĸ Research Professionals