The animal produce market size is expected to see strong growth in the next few years. It will grow to $7.51 trillion in 2029 at a compound annual growth rate (CAGR) of 6.4%. 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.
The animal produce market is poised for significant growth, driven primarily by the escalating demand for meat, dairy products, and other animal-derived goods. These products, derived from an animal's body, encompass items such as meat, milk, and more, extensively consumed by individuals. The surge in demand for such products, including meat and dairy, is expected to drive the market for animal produce. For example, data from the United States Department of Agriculture in January 2023 revealed that Americans consumed around 227 pounds of poultry, beef, and pork in 2022, reflecting a notable increase from the 224.9 pounds of meat consumed in 2021. Consequently, this heightened demand for meat, dairy, and other animal-based goods fuels the growth of the animal produce market.
The burgeoning disposable income among consumers serves as a significant catalyst propelling the animal produce market forward. Disposable income, the residual income available for spending and saving after tax deductions, significantly influences the purchasing power of consumers. The rise in disposable income often leads to increased spending on animal produce, representing a significant portion of discretionary spending. For instance, Trading Economics data indicated that in Canada, Disposable Personal Income surged to 1584768 CAD Million in the second quarter of 2023 from 1544960 CAD Million in the first quarter of the same year. This increase in disposable income contributes substantially to driving the animal produce market.
Technological advancements are becoming a prominent trend within the animal produce market, with major companies focusing on implementing cutting-edge technologies to enhance farm operations and fortify their market presence. Notably, companies in the animal produce sector are leveraging advanced technologies, particularly data management systems, to optimize farm operations. An instance of this is JBS Live Pork, a subsidiary of JBS, a US-based pork producer, which implemented Cloudfarms' Swine Data Management System across its 90 US sow farms. This system facilitates the precise collection of data related to daily farm operations, including servings, relocations, and animal health management, directly from the barn. This integration of innovative technologies is expected to revolutionize operational efficiency and further solidify the position of companies within the animal produce market.
Major companies in the animal produce market are innovating advanced technologies, such as herd monitoring systems, to enhance livestock management, boost productivity, and ensure the health and well-being of animals. Herd monitoring systems are sophisticated technologies utilized in livestock management to track and monitor the health, behavior, and productivity of animals in real time. For example, in January 2022, Allflex Livestock Intelligence, an Ireland-based agricultural technology (AgTech) company, introduced GO. GO is a subscription-based version of its SenseHub monitoring system designed to improve herd management for beef and dairy farmers. This solution offers an affordable, straightforward, and flexible entry point into herd monitoring technologies. Farmers can begin using the SenseHub system without any initial investment, opting to pay a monthly fee that encompasses all necessary equipment, installation, and software upgrades. Users can choose from a variety of application plans and monitor multiple groups, including cows, heifers, and young stock, utilizing intelligent ear tags and/or neck collars.
In November 2022, Founders’ Armand Agra and Seattle Fish Company, both US-based entities specializing in food businesses and seafood distribution respectively, jointly acquired Lombardi Brothers Meats. This undisclosed acquisition aims to broaden Armand Agra's offerings, strengthen its position in sustainability efforts, and bolster industry leadership across a wider spectrum of protein-related products. Lombardi Brothers Meats, a US-based meat provider, has been a key player in the industry, and this acquisition is anticipated to expand the collective influence of the acquiring companies while diversifying their protein-focused portfolio.
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.
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. The countries covered in the animal produce market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Animal produce refers to products or materials derived from the parts of either living or deceased animals. These products are intended for various uses, including consumption and non-consumption purposes such as clothing and accessories.
The primary types of animal produce include live animals, meat, milk, eggs, skin and hide, wool, and honey. Live animals are those currently in existence, and they may be organic or conventional in nature. These animals are utilized for various applications, including availability in hypermarkets or supermarkets, convenience stores, online retail platforms, and other outlets.
The animal produce market research report is one of a series of new reports that provides animal produce market statistics, including animal produce industry global market size, regional shares, competitors with an animal produce market share, detailed animal produce market segments, market trends, and opportunities, and any further data you may need to thrive in the animal produce industry. This animal produce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The animal produce market consists of sales of leather, beeswax, and fat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Animal Produce Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on animal produce market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for animal produce ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The animal produce market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Live Animals; Meat; Milk; Egg; Skin and Hide; Wool; Honey2) 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; Poultry2) 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
Key Companies Mentioned: Cargill Incorporated; Sysco Corporation; JBS USA Holdings Inc.; Tyson Foods Inc.; Sanderson Farms Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Animal Produce market report 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 5858.52 Billion |
Forecasted Market Value ( USD | $ 7514.25 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
No. of Companies Mentioned | 40 |