Peggy Schrobback , Gabriel Dennis , Yin Li , Dianne Mayberry , Alexandra Shaw , Theodore Knight-Jones , Thomas Lloyd Marsh , Dustin L. Pendell , Paul R. Torgerson , William Gilbert , Benjamin Huntington , Kassy Raymond , Deborah A. Stacey , Theresa Bernardo , Mieghan Bruce , K. Marie McIntyre , Jonathan Rushton , Mario Herrero
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Approximating the global economic (market) value of farmed animals
Understanding the global economic importance of farmed animals to society is essential as a baseline for decision making about future food systems. We estimated the annual global economic (market) value of live animals and primary production outputs, e.g., meat, eggs, milk, from terrestrial and aquatic farmed animal systems. The results suggest that the total global market value of farmed animals ranges between 1.61 and 3.3 trillion USD (2018) and is expected to be similar in absolute terms to the market value of crop outputs (2.57 trillion USD). The cattle sector dominates the market value of farmed animals. The study highlights the need to consider other values of farmed animals to society, e.g., finance/insurance value and cultural value, in decisions about the sector’s future.
期刊介绍：
Global Food Security plays a vital role in addressing food security challenges from local to global levels. To secure food systems, it emphasizes multifaceted actions considering technological, biophysical, institutional, economic, social, and political factors. The goal is to foster food systems that meet nutritional needs, preserve the environment, support livelihoods, tackle climate change, and diminish inequalities. This journal serves as a platform for researchers, policymakers, and practitioners to access and engage with recent, diverse research and perspectives on achieving sustainable food security globally. It aspires to be an internationally recognized resource presenting cutting-edge insights in an accessible manner to a broad audience.
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