Global Animal Intestinal Health Market, By Additive (Probiotics, Prebiotics, Phytogenics, Immunostimulants), Livestock (Poultry, Swine, Ruminant, Aquaculture, Other Livestock), Form (Dry, Liquid), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Animal Intestinal Health Market Analysis and Insights
Animal intestinal health market is expected to reach at an estimated value of USD 10.38 billion and grow at a CAGR of 17.80% in the forecast period 2021 to 2028. Increase in the production of compound feed is the major factor driving the growth of animal intestinal health market in the forecast period of 2021-2028.
Optimal gut health is very important in the performance of production animals. The intestines are divided into the large intestine and the small intestine, of an animal are like a tube through which food and bile from the stomach move.
Increase in demand for animal protein among consumers is the vital factor escalating the market growth, also rise in the incidences of intestinal disorders among livestock species, rising demand for meat and meat products in developing and developing countries such as China, India, and South Korea, increasing disposable income, increase in population, rising rapid urbanization, increase in the production of compound feed and rise in the importance of protein-rich diets among consumers across the globe are the major factors among others driving the growth of animal intestinal health market. Moreover, rising innovations and technological advancements in the feed industry, rising shift towards natural growth promoters (NGPs) due to the increase in awareness pertaining to feed and food safety and rising research and development activities in the market will further create new opportunities for animal intestinal health market in the forecast period of 2021- 2028.
However, rising introduction of stringent regulations pertaining to the use of different feed additives is the major factor among others acting as a restraint, while increasing prices associated with feed additives used for intestinal health, rising research and development costs associated with the development of probiotics and rising cost of active ingredients utilized in the development of phytogenic feed additives will further challenge the growth of animal intestinal health market in the forecast period mentioned above.
This animal intestinal health market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on animal intestinal health market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Animal Intestinal Health Market Scope and Market Size
Animal intestinal health market is segmented on the basis of additive, livestock and form. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on additive, the animal intestinal health market has been segmented into probiotics, prebiotics, phytogenics and immunostimulants.
- Based on livestock, the animal intestinal health market has been segmented into poultry, swine, ruminant, aquaculture and other livestock.
- The animal intestinal health market is also segmented on the basis of form into dry and liquid.
Animal Intestinal Health Market Country Level Analysis
Animal intestinal health market is analyses and market size, volume information is provided by country, additive, livestock and form as referenced above.
The countries covered in animal intestinal health market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the animal intestinal health market due to rising growth in population, rise in disposable incomes, rapid urbanization, rise in the demand for animal protein among consumers, increase in demand for high-quality meat products and increase in the purchasing power of the population and demand for protein-rich meat diets in this region.
The country section of animal intestinal health market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Animal Intestinal Health Market Share Analysis
Animal intestinal health market report competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to animal intestinal health market.
The major players covered in the animal intestinal health market report are DSM, ADM, DuPont, Kemin Industries, Inc. and its group of companies, Cargill, Incorporated, Novozymes, Nutreco, Chr. Hansen Holding A/S, Bluestar Adisseo Co., Ltd, Alltech., Evonik Industries, Dr. Eckel Animal Nutrition GmbH & Co. KG, Lallemand Inc, Biorigin, AB Vista, Land O'Lakes, Inc, Lesaffre, AB Vista., Unique Biotech and Encyclopædia Britannica, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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