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Description
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.
