Animal Transportation Market Size to Grow by $ 403.39 mn through 2021-2025
The animal transportation market is expected to grow by $ 403.39 mn, accelerating at a CAGR of almost 3.87% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Animal Transportation Market: Segmentation by Type
This report provides a detailed analysis of the market by Type (Livestock, Pets, and Others) and Geography (North America, APAC, Europe, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Animal Transportation Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. American Airlines Group Inc., Amerijet International Inc., Deutsche Lufthansa AG, DSV Panalpina AS, EMO Trans Inc., FedEx Corp., GRADLYN Petshipping, HERFURTH GROUP, International Consolidated Airlines Group SA, and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Animal Transportation Market Size to Grow by $ 403.39 mn through 2021-2025
Technavio research projects the animal transportation market to grow by $ 403.39 mn, accelerating at a CAGR of almost 4% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Animal Transportation Market: Key Market Driver
One of the primary factors that will trigger the growth of the animal transportation market size is increased demand for animals from slaughterhouses and dairy industry. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Animal Transportation Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. American Airlines Group Inc., Amerijet International Inc., Deutsche Lufthansa AG, DSV Panalpina AS, EMO Trans Inc., FedEx Corp., GRADLYN Petshipping, HERFURTH GROUP, International Consolidated Airlines Group SA, and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
The animal transportation market size has the potential to grow by USD 403.39 million during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by type (livestock, pets, and others) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including American Airlines Group Inc., Amerijet International Inc., Deutsche Lufthansa AG, DSV Panalpina AS, EMO Trans Inc., FedEx Corp., GRADLYN Petshipping, HERFURTH GROUP, International Consolidated Airlines Group SA, and United Parcel Service Inc.
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Animal Transportation Market: Growth in global pet population to drive growth
APAC will offer several growth opportunities to market vendors during the forecast period. The growth in global pet population will significantly influence animal transportation market's growth in this region.
30% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for animal transportation in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the animal transportation market size.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. Factors such as increased demand for animals from slaughterhouses and dairy industry will offer immense growth opportunities. However, issues faced by vendors due to long-distance transportation may impede market growth.
Animal Transportation Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. American Airlines Group Inc., Amerijet International Inc., Deutsche Lufthansa AG, DSV Panalpina AS, EMO Trans Inc., FedEx Corp., GRADLYN Petshipping, HERFURTH GROUP, International Consolidated Airlines Group SA, and United Parcel Service Inc.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Animal Transportation Market: Key Highlights of the Report for 2021-2025
