- Transportation by Land
- Transportation by Sea
- Transportation by Air
The Animal Transportation market is estimated to be valued at USD 352.0 Million in 2021 and is poised to grow at a significant CAGR of 4.3% over 2022-2028. The increased consumption of meat, beef, poultry, and dairy products coupled with high penetration of the food & hotel industries are driving safe transportation of animals. Based on the type, the transportation by land segment is holding majority share due to its very convenient road transport as well as its very cheap method to transport the animals from one place to another. Animals such as cattle, sheep, horses, pigs, and poultry are being transported. During shipping, providers in the animal logistics industry must assure the safety and hygiene of animals. Moreover, companies are launching new services to maintain the growth in the market. For instance, in November 2019, FedEx Express launched new aircraft Boeing 767F in Spain, in order to modernize its fleet. The aircraft has superior environmental performance, which includes noise reduction which will aid in easing the animal transportation process. The key factors driving the animal transportation market growth are increased demand for animals from slaughterhouses, rapid urbanization, continuous growth in dairy industry, and the introduction of blockchain technology in the logistics industry. Recent Market Developments: In June 2020, Brussels airport opened a new Animal Care & Inspection Center that can adjust the light and temperature levels of the animals depending on their needs. This animal accommodation can be used for both small and large animals.
Fastest Growing Market
The strong rise in demand for animal products is due to high rate of urbanization, consumerâ€™s greater purchasing power and the rise in disposable income. Moreover, consumers want healthier meat from regulated slaughterhouses. Surge in the global consumption of meat, beef, poultry, and dairy products over the last few years are driving the demand for livestock in slaughterhouses and the dairy industry. Furthermore, the rise in population and increasing consciousness regarding the health benefits associated with animal protein consumption has led to an increase in meat consumption which eventually increases the growth of global animal transport.
The animal transportation market is projected to expand at a CAGR of 4.3% during the forecast period.
FedEx, Amerijet, United Airlines, Air France, Southwest Airlines, IAG Cargo
Europe is the fastest-growing region for animal transportation market