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 aqua...

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Autores principales: Schrobback, P., Dennis, G., Li, Y., Mayberry, D., Shaw, A., Knight-Jones, Theodore J.D., Marsh, T.L., Pendell, Dustin L., Torgerson, Paul R., Gilbert, W., Huntington, B., Raymond, K., Stacey, D.A., Bernardo, T., Bruce, M., McIntyre, K.M., Rushton, J., Herrero, Maria
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2023
Materias:
Acceso en línea:https://hdl.handle.net/10568/132177
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author Schrobback, P.
Dennis, G.
Li, Y.
Mayberry, D.
Shaw, A.
Knight-Jones, Theodore J.D.
Marsh, T.L.
Pendell, Dustin L.
Torgerson, Paul R.
Gilbert, W.
Huntington, B.
Raymond, K.
Stacey, D.A.
Bernardo, T.
Bruce, M.
McIntyre, K.M.
Rushton, J.
Herrero, Maria
author_browse Bernardo, T.
Bruce, M.
Dennis, G.
Gilbert, W.
Herrero, Maria
Huntington, B.
Knight-Jones, Theodore J.D.
Li, Y.
Marsh, T.L.
Mayberry, D.
McIntyre, K.M.
Pendell, Dustin L.
Raymond, K.
Rushton, J.
Schrobback, P.
Shaw, A.
Stacey, D.A.
Torgerson, Paul R.
author_facet Schrobback, P.
Dennis, G.
Li, Y.
Mayberry, D.
Shaw, A.
Knight-Jones, Theodore J.D.
Marsh, T.L.
Pendell, Dustin L.
Torgerson, Paul R.
Gilbert, W.
Huntington, B.
Raymond, K.
Stacey, D.A.
Bernardo, T.
Bruce, M.
McIntyre, K.M.
Rushton, J.
Herrero, Maria
author_sort Schrobback, P.
collection Repository of Agricultural Research Outputs (CGSpace)
description 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.
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spelling CGSpace1321772025-12-08T09:54:28Z Approximating the global economic (market) value of farmed animals Schrobback, P. Dennis, G. Li, Y. Mayberry, D. Shaw, A. Knight-Jones, Theodore J.D. Marsh, T.L. Pendell, Dustin L. Torgerson, Paul R. Gilbert, W. Huntington, B. Raymond, K. Stacey, D.A. Bernardo, T. Bruce, M. McIntyre, K.M. Rushton, J. Herrero, Maria livestock aquaculture food security food systems 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. 2023-12 2023-10-09T13:37:44Z 2023-10-09T13:37:44Z Journal Article https://hdl.handle.net/10568/132177 en Open Access Elsevier Schrobback, P., Dennis, G., Li, Y., Mayberry, D., Shaw, A., Knight-Jones, T., Marsh, T.L., Pendell, D.L., Torgerson, P.R., Gilbert, W., Huntington, B., Raymond, K., Stacey, D.A., Bernardo, T., Bruce, M., McIntyre, K.M., Rushton, J. and Herrero, M. 2023. Approximating the global economic (market) value of farmed animals. Global Food Security 39: 100722.
spellingShingle livestock
aquaculture
food security
food systems
Schrobback, P.
Dennis, G.
Li, Y.
Mayberry, D.
Shaw, A.
Knight-Jones, Theodore J.D.
Marsh, T.L.
Pendell, Dustin L.
Torgerson, Paul R.
Gilbert, W.
Huntington, B.
Raymond, K.
Stacey, D.A.
Bernardo, T.
Bruce, M.
McIntyre, K.M.
Rushton, J.
Herrero, Maria
Approximating the global economic (market) value of farmed animals
title Approximating the global economic (market) value of farmed animals
title_full Approximating the global economic (market) value of farmed animals
title_fullStr Approximating the global economic (market) value of farmed animals
title_full_unstemmed Approximating the global economic (market) value of farmed animals
title_short Approximating the global economic (market) value of farmed animals
title_sort approximating the global economic market value of farmed animals
topic livestock
aquaculture
food security
food systems
url https://hdl.handle.net/10568/132177
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