Livestock Market Research Report Information by Livestock Type (Cattle, Poultry, Sheep and Goats, Swine, Others), by Product Type (Meat, Dairy Products, Wool and Fibers, Leather, Others), by End-User (Households, Food Service and Hospitality, Processing Industry, Industrial Applications), by Distribution Channel (Direct and Indirect) and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Forecast till 2035

Global Livestock Market Overview

The Livestock Market was valued at USD 1,583.90 billion in 2024. The Livestock Market industry is projected to grow from USD 1,660.16 billion in 2025 to USD 3,594.77 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.74% during the forecast period (2025-2035).

The expansion of the dairy and meat processing industry and rising global demand for animal-based protein and rising demand for organic and grass-fed meat products are driving the growth of the Livestock Market.

As per the Analyst at MRFR, Rise in consumer demand for processed meat and dairy products such as cheese, yogurt, butter, and packaged meat drive the need for a stable and consistent supply of livestock. This has led to greater investment in livestock production, improved farming practices, and the adoption of advanced technologies to enhance productivity and efficiency. 

Moreover, in many developing countries, rising income levels and urbanization have led to a shift in consumer preferences toward animal-based protein and processed foods. As more people gain access to supermarkets and modern retail channels, the demand for hygienic, well-packaged, and value-added dairy and meat products is growing rapidly. This creates a ripple effect, where livestock farmers are encouraged to scale up operations and meet the evolving market requirements.

 FIGURE 1: LIVESTOCK MARKET VALUE (2019-2035) USD BILLION

 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Livestock Market Opportunity

EXPANSION OF LIVESTOCK FARMING IN EMERGING ECONOMIES

The expansion of livestock farming in emerging economies presents significant opportunities for the Livestock Market. Countries across Asia, Africa, and Latin America are experiencing rapid urbanization, rising disposable incomes, and shifting dietary preference that drive the demand for animal-based products such as meat, milk, and eggs. This growing demand is encouraging the expansion and modernization of livestock farming operations, creating favorable conditions for market growth and investment.

Moreover, technological advancements are also contributing to the growth of livestock farming in these regions. Access to better animal genetics, improved feed formulations, disease control programs, and farm management tools are enabling farmers to increase productivity and efficiency. In some emerging economies, digital tools and mobile platforms are being used to connect farmers with markets, extension services, and financial institutions, facilitating better decision-making and access to resources. 

In addition, the expansion of livestock farming creates opportunities for international trade. Emerging economies are increasingly becoming exporters of animal products such as beef, poultry, and dairy to global markets. Improved sanitary and phytosanitary standards and participation in international trade agreements further strengthen their competitiveness in the global livestock trade. All these factors are anticipated to offer new growth opportunities for livestock market during the forecast period.

Livestock Market Segment Insights

Livestock by Livestock Type Insights

Based on Livestock Type, this segment includes Cattle, Poultry, Sheep and Goats, Swine, Others. The Poultry segment dominated the global market in 2024, while the Cattle segment is projected to be the fastest–growing segment during the forecast period. Poultry refers to domesticated birds raised for meat and egg production, including chickens, turkeys, ducks, quails, and geese. Among these, chickens dominate the poultry market globally, split into broilers (meat production) and layers (egg production). 

The poultry sector is one of the fastest-growing segments within livestock due to its high feed efficiency, short production cycles, relatively low capital investment, and widespread consumer acceptance. It offers a vital source of affordable animal protein and has become a staple in diets across continents.

FIGURE 2: LIVESTOCK MARKET SHARE BY LIVESTOCK TYPE 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Livestock by Product Type Insights

Based on Product Type, this segment includes Meat, Dairy Products, Wool and Fibers, Leather, Others. The Meat segment dominated the global market in 2024, while the Leather segment is projected to be the fastest–growing segment during the forecast period. Meat is one of the primary products derived from livestock, encompassing red meat (from cattle, sheep, and goats) and white meat (primarily from poultry and swine). 

It serves as a major source of protein, essential nutrients, and amino acids in human diets globally. The meat segment includes fresh, chilled, frozen, and processed meat products, catering to a diverse range of consumer preferences and culinary practices. It finds extensive application in household consumption, foodservice industries, and institutional catering.

Livestock by End-User Insights

Based on End-User, this segment includes Households, Food Service and Hospitality, Processing Industry, Industrial Applications. The Households segment dominated the global market in 2024, while the Food Service and Hospitality segment is projected to be the fastest–growing segment during the forecast period. In the household segment, livestock products are fundamental to daily nutrition and lifestyle. 

Meat, dairy, eggs, and other animal-derived products serve as primary sources of protein, essential vitamins, and minerals, contributing significantly to balanced diets worldwide. Beyond nutrition, livestock products extend to non-food items such as leather goods, woolen clothing, and other by-products integral to household consumption. The versatility of livestock-derived products underscores their indispensability in meeting the diverse needs of households globally.

Livestock by Distribution Channel Insights

Based on Distribution Channel, this segment includes Direct and Indirect. The Indirect segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. In the Livestock Market, indirect distribution channels play a pivotal role in delivering animal products from producers to end consumers. This channel encompasses wholesalers, exporters, importers, distributors, and retailers who facilitate the flow of livestock products such as meat, milk, eggs, leather, and wool from farms to the marketplace. 

These intermediaries are critical for managing large-scale logistics, storage, quality control, and compliance with food safety regulations. Indirect channels are particularly important for international trade and urban consumption, where producers rely on third-party logistics and retail partners to reach end users in both developed and emerging markets. With the rise in demand for processed and packaged animal products, indirect distribution has become a cornerstone for the global livestock supply chain.

Livestock Regional Insights

Based on the Region, the global Livestock are segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia-Pacific dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Major demand factors driving the Asia-Pacific market are the expansion of the dairy and meat processing industry and rising global demand for animal-based protein and rising demand for organic and grass-fed meat products. The Asia-Pacific livestock market is undergoing dynamic transformation, driven by rapid economic development, changing dietary habits, and increasing demand for high-quality animal protein. 

As one of the world’s most populous regions, rising income levels and expanding middle-class populations are accelerating the consumption of meat, dairy, and other livestock-derived products. This surge in demand is compelling producers to enhance livestock productivity and adopt more efficient and sustainable farming practices. Growing urbanization in countries like China, India, Vietnam, and Indonesia is a major driver of growth and is causing a transition from traditional to commercial farming practices. 

FIGURE 3: LIVESTOCK MARKET VALUE BY REGION 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Further, the countries considered in the scope of the Application Tracking System Market are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia & New Zealand, Brazil, Argentina, Africa, GCC Countries, Turkey and others.

Global Livestock Key Market Players & Competitive Insights

Many global, regional, and local vendors characterize the Livestock Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The major competitors in the market are Tyson Foods, Inc., JBS S.A., Cargill, Inc., Smithfield Foods, Inc., Marfrig Global Foods, BRF SA, Danish Crown, Nestlé S.A. are among others. The Livestock Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.

Key Companies in the Livestock Market include

• Tyson Foods, Inc.


• JBS S.A.


• Cargill, Inc.


• Smithfield Foods, Inc.


• Marfrig Global Foods


• BRF SA


• Danish Crown


• Nestlé S.A.

Livestock Market Industry Developments

January 2025: JBS, one of the largest food companies in the world, its entry into a new protein segment. The company has acquired a 50% stake in Antiquaire Brazil, the largest egg producer in South America. This acquisition reinforces JBS’s global platform, diversified across geographies and protein types, enabling the company to sustain growth with solid results.

October 2023: Tyson Foods, Inc. has reached an agreement for a two-fold investment with Protix, the leading global insect ingredients company. The strategic investment will support the growth of the emerging insect ingredient industry and expand the use of insect ingredient solutions to create more efficient sustainable proteins and lipids for use in the global food system. The agreement combines Tyson Foods’ global-scale experience and network with Protix’s technology and market leadership to meet current market demand and scale production of insect ingredients.

Livestock Market Segmentation

Livestock by Livestock Type Outlook

• Cattle


• Poultry


• Sheep and Goats


• Swine


• Others

Livestock by Product Type Outlook

• Meat


• Dairy Products


• Wool and Fibers


• Leather


• Others

Livestock by End-User Outlook

• Households


• Food Service and Hospitality


• Processing Industry


• Industrial Applications

Livestock by Distribution Channel Outlook

• Direct


• Indirect

Livestock Regional Outlook

• North America
  
  
  
  • U.S.
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • U.K.
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest Of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • Japan
  
  
  • China
  
  
  • India
  
  
  • South Korea
  
  
  • Australia & New Zealand
  
  
  
  


• Rest Of Asia Pacific
  
  
  
  • South America
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of South America
  
  
  
  


• Middle East & Africa
  
  
  
  • Africa
  
  
  • GCC Countries
  
  
  • Turkey
  
  
  • Rest of Middle East
  
  
  
  

Report Attribute/Metric	Details
Market Size 2024	USD 1,583.90 Billion
Market Size 2025	USD 1,660.16 Billion
Market Size 2035	USD 3,594.77 Billion
Compound Annual Growth Rate (CAGR)	7.74% (2025-2035)
Base Year	2024
Forecast Period	2025-2035
Historical Data	2019-2023
Forecast Units	Value, Volume (USD Billion, K Tons)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Livestock Type, By Product Type, By End-User, By Distribution Channel
Geographies Covered	North America, Europe, Asia Pacific, South America, Middle East & Africa
Countries Covered	The U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia & New Zealand, Brazil, Argentina, Africa, GCC Countries, Turkey
Key Companies Profiled	Tyson Foods, Inc., JBS S.A., Cargill, Inc., Smithfield Foods, Inc., Marfrig Global Foods, BRF SA, Danish Crown, Nestlé S.A.
Key Market Opportunities	·         Expansion of livestock farming in emerging economies
Key Market Dynamics	·         Expansion of the dairy and meat processing industry ·         Rising global demand for animal-based protein ·         Rising demand for organic and grass-fed meat products