Economic Opportunity

Employment and incomes:

photo credit: ILRI/Stevie Mann

Globally, the livestock sector is as an important source of jobs, providing livelihoods and incomes for at least 1.3 billion people. Livestock keeping is one of very few livelihood options in challenging settings such as drylands: Nearly 200 million pastoralists produce food and generate incomes where crop farming is limited, risky or impossible.

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Smallholders and livelihoods:

photo credit: ILRI/George Wamwere-Njoroge

Smallholders are significant suppliers of livestock products globally, including more than 40% of milk, 70% of lamb, 50% of beef, 60% of pork and 50% of poultry. This is an important source of income, jobs and sustenance for nearly three-quarters of a billion people engaged in smallholder agriculture.

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Market and trade opportunities:

photo credit: ILRI/Hardisman Dasman

The demand for livestock products is projected to double in the next 40 years, offering huge opportunities for more than a billion people who rely on the livestock industry for their livelihoods.

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Contributions to the economy:

photo credit: ILRI/Stevie Mann

Livestock play an important and fast-growing economic role in the global agricultural economy, contributing 40% of agricultural GDP globally and 5% of total GDP. In spite of this, only 2.5% of total agricultural official development assistance goes to livestock.

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