Animal Produce Market by Type (Egg, Honey, Live Animals), Purpose of Use (Direct Consumption, Processing Use), Production Method, Application - Global Forecast 2024-2030

Animal Produce Market by Type (Egg, Honey, Live Animals), Purpose of Use (Direct Consumption, Processing Use), Production Method, Application - Global Forecast 2024-2030

The Animal Produce Market size was estimated at USD 6.74 billion in 2023 and expected to reach USD 7.27 billion in 2024, at a CAGR 8.11% to reach USD 11.64 billion by 2030.

Animal produce comprises a broad range of products derived from animals, tailored for human consumption and industrial use, including dairy, eggs, honey, various meats, and by-products such as wool and leather. These products are essential in numerous sectors, particularly in food production, where they contribute significantly to nutritional and dietary needs, and in fashion and textiles through products such as leather and wool. Heightened awareness of health and nutrition drives the popularity of more natural and organic animal products. In many cultures, animal products are staple foods and carry significant cultural importance, perpetuating sustained demand and driving the preference and consumption of animal produce. However, animal productivity can be inconsistent due to factors such as disease, genetics, and variations in feed quality, thereby affecting the quality of animal produce. Moreover, growing ethical concerns are shifting some consumer preferences towards organic and alternative products, presenting challenges for the market. In response, innovation and research are directed towards more sustainable farming practices, advancements in genetic engineering to enhance livestock productivity and health, and improved product traceability systems to ensure food safety and bolster consumer confidence.

Regional Insights

The Americas, particularly the United States and Canada, present a robust landscape for animal produce, as American consumers historically prioritize convenience, leading to high demand for processed and pre-packaged animal foods. Recent trends have shifted towards organic and free-range products due to growing health and ethical concerns among consumers. The region also sees significant investments in technological advancements in farming practices. In Europe, consumer demand for ethical and traceable animal produce has led to strict regulatory frameworks, which drive sustainability and innovation in farming technologies. EU regulations on animal welfare are among the strictest in the world, influencing farming methods significantly. Recent EU initiatives focus on reducing carbon footprints in the supply chain, contributing to an increased push for innovation and quality improvements. In contrast, Middle Eastern markets are expanding their animal produce sectors by combining traditional dietary preferences with a burgeoning interest in Western food habits, laying emphasis on Halal compliance and sustainable farming. The Asia-Pacific region is pursuing self-sufficiency and enhancing safety protocols in response to urbanization and food safety concerns, fostering a substantial investment in biotechnological research. The region is experiencing incremental demand for dairy products fueled by a growing middle class, with considerable investments aiming at enhancing the quality and quantity of production.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Animal Produce Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Heightened awareness about health and nutrition and preference for high-protein diets
• Government initiatives to support animal breeding and rearing industries
• Expanding investments in the fashion industry and consumer demand for premium animal-derived fabrics

Market Restraints

• Incidences of product recall and inconsistency in product quality

Market Opportunities

• Ongoing innovations and R&D initiatives to improve the functional attributes and nutritional profiles of animal produce
• Efforts to improve the sustainability and traceability of animal produce

Market Challenges

• Ethical concerns and the presence of alternatives

Market Segmentation Analysis

• Type: Expanding need for milk and milk products across the world to cater to consumer demand for nutritionally rich food products
• Application: Widening availability and cost-effectiveness of food products available at hypermarkets and supermarkets

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Animal Produce Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Animal Produce Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Winkin' Cow and Britannia Bourbon Collaborate on New Milkshake

Winkin' Cow, a milkshake brand under Britannia, has teamed up with Britannia Bourbon to launch a new line of Bourbon-flavored thick shakes. This collaboration represents a strategic move within Britannia, combining the taste of Britannia Bourbon cookies with the creamy texture of Winkin' Cow shakes to create a unique product aimed at offering consumers a novel and delightful taste experience. This initiative marks a significant advancement in blending distinct brand flavors within the same corporate family.

Innovative Market Expansion: Harvest B's Entry into Blended Meat Products

Australian startup Harvest B introduced a novel line of blended meat products featuring 50/50 combinations of slow-cooked beef and lamb. This initiative marks the company's introduction into the blended meat sector following its successful closure of a seed funding round totaling USD 4.7 million. These diced meat products blend both plant and animal proteins to offer cost-effective, healthier, and environmentally friendlier options without compromising on taste and texture.

Mother Dairy Expands Product Portfolio with the Launch of Buffalo Milk Variant

Mother Dairy has expanded its product range with the introduction of a buffalo milk variant sourced primarily from Uttar Pradesh and Gujarat. Scheduled for initial release in Delhi-NCR, the company plans to extend distribution to Uttar Pradesh, Haryana, and Maharashtra. Mother Dairy anticipates this new offering to significantly boost its business, aiming to diversify its product portfolio and cater to varying consumer preferences in the Indian market.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Animal Produce Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Animal Produce Market, highlighting leading vendors and their innovative profiles. These include Alltech Inc., American Foods Group LLC, Archer Daniels Midland Company, Cargill Incorporated, Charoen Pokphand Group, Conagra Brands LLC, DLG Group, ForFarmers N.V., Hormel Foods Inc., JBS USA Holdings Inc., Kent Corporation, Koch Foods Inc., Land O'Lakes Inc., Mountaire Farms Inc., National Beef Packing Company LLC, New Hope Group Co. Ltd., OSI Group LLC, Perdue Farms Inc., Seaboard Foods LLC, Smithfield Foods Inc., Sysco Corporation, Tyson Foods Inc., Wellhope Agri-Tech Co. Ltd., and Wen's Food Group.

Market Segmentation & Coverage

This research report categorizes the Animal Produce Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Egg
• Honey
• Live Animals
• Meat
• Milk
• Skin & Hide
• Wool
• Purpose of Use
• Direct Consumption
• Processing Use
• Production Method
• Conventional
• Free-Range
• Organic
• Application
• Convenience Stores
• Hypermarkets/Supermarkets
• Online Retail
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year