Rabbits come in 43 recognized breeds by the ARBA. Some common breeds include New Zealand Whites, used for meat production, Florida Whites which are smaller, and Himalayans which originated from mountain regions. Rabbits are also bred for fiber like Angoras or as pets like Lionheads. Domestic rabbits were first bred by French monasteries in the 1500s. Today China has over 500 million rabbits, mostly farmed for meat. Rabbits can be profitable to raise on small farms for their rapid reproduction rate and efficient feed conversion. Some challenges are lack of processing infrastructure and that they are seen as cute pets by some.