Latest News- Animal Transportation Market: Livestock is expected to lead the Application segment during 2025-2029

The Animal Transportation Market is being driven by Increased demand for animals from slaughterhouses and dairy industry

The Animal Transportation Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 638.1 million. Blockchain technology, a distributed ledger system, enables multiple stakeholders to maintain identical copies of transaction records across a network of interconnected computers. This decentralized approach eliminates the need for a central authority to manage records, thereby streamlining supply chain operations and reducing costs. In the context of animal transportation, Logistics Service Providers (LSPs) are leveraging this technology to enhance efficiency and ensure data security. By implementing blockchain, animal transportation supply chains can expedite information sharing, minimize human interventions, and ensure the integrity and transparency of records. This results in a more cost-effective and secure animal transportation market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Livestock
  • Pets
  • Others
• Type
  • Personal
  • Commercial
• Mode Of Transportation
  • Road
  • Air
  • Sea
  • Rail
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased demand for animals from slaughterhouses and dairy industry
• Growth in global pet population
• Decline in fuel prices increasing profit margins of LSPs

However, the market also witnesses some limitations, which are as follows:

• Issues faced by companies due to long-distance transportation
• Shortage of truck drivers and mandates on ELDs
• Implementation of various government regulations on animal transport

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Market Scope in Animal Transportation Market Research Report

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Research Analysis Overview

The Animal Transport Industry encompasses various aspects, including live animal shipping, containers, and vehicles, as well as logistics, software, apps, and platforms. Innovations such as advanced animal transport technologies, regulations, standards, guidelines, and certifications aim to address challenges and seize opportunities in this sector. Animal transport trends and policies prioritize ethics, sustainability, and welfare. Ongoing research and legislation ensure continuous improvement in animal transport practices for a promising future.

Market Research Overview

The global diversified support services market encompasses businesses offering labor-intensive services to corporations and governments. Key sectors include commercial cleaning, dining and catering, equipment repair, industrial maintenance, auctioneering, storage and warehousing, transaction services, uniform rental, and other support services. Market expansion is propelled by the rising outsourcing trend for support functions, ensuring animal welfare standards through specialized offerings such as animal transport crates, live animal transportation, animal handling systems, livestock trailers, and pet carriers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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