The import of live animals to the US is forecasted to modestly increase from $2.96 billion in 2024 to $3.038 billion in 2028, after reaching an actual value of $2.950 billion in 2023. The year-on-year percentage change reflects consistent growth: 0.67% in 2024, 0.67% in 2025, and slightly increasing to 0.64% in 2026, maintaining a steady CAGR of approximately 0.67% over these years. Such steadiness highlights a stable market demand for live animals imports boosted by factors like population growth and dietary trends.
Future trends to watch include:
- Impact of regulatory changes on animal imports and agricultural practices.
- Shifts in consumer preferences towards sustainability and ethical sourcing.
- Potential disruptions from geopolitical tensions or trade policies.