Livestock Transportation Market Scope
Livestock consist of farm animals such as cattle, sheep, pigs, goats, horses, among others. These animals required special transportation systems which can be done by road, rail, ship, air. The reasons behind the transportation of these animals is to sell them for slaughtering purpose. Some special breeds need VIP treatment in their transportation which are meant to go for auction or livestock show. Bad transportation leads to lower the quality of livestock. Owing to increase in demand of animal based product such as milk, meat, beef, livestock transportation market is expected to grow at a significant rate during the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AsstrA-Associated Traffic AG (Switzerland), Intradco Global (United Kingdom), EMO Trans Inc. (United States), FedEx Corp. (United States), HERFURTH GROUP (Europe), United Airlines (United States), IAG Cargo (United Kingdom), Lan Cargo S.A. (South America), Lufthansa Cargo AG (Germany) and American Airlines Inc. (United States) |
CAGR | % |
Livestock transportation market is a fragmented market due to the presence of various players. The players are focusing on increasing their service capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Livestock Transportation market throughout the predicted period.
AsstrA-Associated Traffic AG (Switzerland), Intradco Global (United Kingdom), EMO Trans Inc. (United States), FedEx Corp. (United States), HERFURTH GROUP (Europe), United Airlines (United States), IAG Cargo (United Kingdom), Lan Cargo S.A. (South America), Lufthansa Cargo AG (Germany) and American Airlines Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are DSV Panalpina AS (Denmark).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Livestock Transportation market by Type , by Application (Slaughter, Auction, Breeding, Livestock Show and Others) and Region with country level break-up.
On the basis of geography, the market of Livestock Transportation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In March 2022, delta air lines acquired 525 million gallons of sustainable aviation fuel from Colorado-based renewable energy group gevo under seven year agreement. This acquisition was done considering rise in cost of fuel and fuel emission regulation by government. This acquisition helped delta air to improve its position in livestock transportation market.
In December 2022, Intradco partnered with magma aviation. Magma aviation is a European cargo service provider for different industries. Inside this partnership Intradco transport VIP horses. This further helped intradco to expand its presence in livestock transportation market.
Influencing Trend:
Increasing demand of block chain technology in livestock transportation
Market Growth Drivers:
Increasing demand of animal based product such as milk, meat, beef.
Challenges:
Transportation Stress Give Rise to BUN Concentration in Farm Animal
Restraints:
High Transportation Fuel Prices
Opportunities:
Increasing Demand of Custom-Built Design in Livestock Transportation and Incorporating of AI- Route optimization in livestock transportation