Animal Intestinal Health Market Will Hit Big Revenues In Future

The global animal intestinal health market was experiencing steady growth, driven by several factors including increasing consumer awareness about animal health and wellness, rising demand for high-quality animal products, and the growing need for natural alternatives to antibiotics in animal feed. The global animal intestinal health market size is estimated to reach $5.4 billion by 2027, growing at an 8.2% compound annual growth rate (CAGR). The global market size was valued at $3.7 billion in 2022.

With the increase in demand for animal protein-based products, livestock breeders are focusing on investing in various feed additives to ensure improved intestinal health, which is one of the key factors encouraging the growth and well-being of different livestock species. Key factors, such as an increase in the consumption of feed and feed additives, steady growth in the market for meat and meat products, and a shift toward natural growth promoters have contributed to the animal intestinal health market growth.

Furthermore the use of feed additives such as probiotics, prebiotics and phytogenics has proven to have a positive impact on the intestinal health of various livestock species, further boosting the growth of animal intestinal health market in the coming years. Countries such as the US, China, and Brazil are among the major producers and consumers of feed and feed products. The increase in demand for poultry, beef, and pork meat products has contributed to the growth of the compound feed market in these countries. Owing to this, the stakeholders in these markets are actively including natural growth promoters like probiotics in the manufacturing of feed. Thus, with the rising demand for feed additives such as probiotics, prebiotics and phytogenics in the compound feed industry, the animal intestinal health market is anticipated to witness a positive growth during the forecast period.

Factors shaping the animal intestinal health market trends include:

  1. Shift towards Natural Solutions: There has been a significant shift away from the use of antibiotics in animal feed due to concerns about antibiotic resistance and the spread of antibiotic residues in food products. This has led to a growing demand for natural alternatives such as probiotics, prebiotics, organic acids, and essential oils to promote intestinal health in animals.
  2. Regulatory Changes: Regulatory agencies around the world are implementing stricter regulations on the use of antibiotics in animal feed, driving the adoption of alternative solutions for promoting animal intestinal health. For example, the European Union banned the use of antibiotic growth promoters in animal feed in 2006, leading to increased demand for alternatives.
  3. Rising Demand for Animal Protein: As global populations continue to grow, there is increasing demand for animal protein products such as meat, milk, and eggs. Maintaining intestinal health in animals is essential for maximizing productivity and ensuring the quality of these products, driving the adoption of intestinal health solutions in animal husbandry practices.
  4. Increasing Livestock Production: Rapid urbanization and rising incomes in developing countries are leading to increased demand for animal products, driving growth in the livestock production sector. As a result, there is growing awareness among livestock producers about the importance of intestinal health in improving animal performance and reducing the risk of diseases.
  5. Technological Advancements: Advances in biotechnology and microbiology are leading to the development of innovative products and solutions for promoting intestinal health in animals. For example, researchers are exploring the use of microbial-based feed additives and precision microbiome management techniques to optimize intestinal health and improve animal productivity.
  6. Focus on Preventive Healthcare: There is a growing emphasis on preventive healthcare in animal agriculture, driven by the need to reduce the use of antibiotics and improve overall animal welfare. Proactive measures to maintain intestinal health, such as the use of probiotics and dietary supplements, are becoming increasingly popular among livestock producers.

Book a meeting with our experts to discuss your business needs:

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=137766321

Market Drivers: Increasing application of animal health ingredients in feed products to enhance livestock production and to ultimately improve animal protein quality

The rise in population, incomes, and urbanization are the key factors, which contribute to the unprecedented growth of the livestock sector. The result is increased consumption of food products, such as meat, eggs, and milk has increased. As demand is anticipated to rise, the increased production demand for healthy and nutritive poultry meat will propel the market growth. The increase in awareness among consumers about the health benefits associated with the consumption of animal protein, such as improved bone health, immunity, and reduction in protein deficiencies, is also one of the several factors due to which the demand for livestock products remains high. The increase in demand for livestock products has led the stakeholders to use to feed addtitives such as probiotics, prebiotics and phytogenics to improve the animal health. For instance, digestive disorders such as stomach ulcers, swine dysentery, and transmissible gastroentrities among others are common in pigs. In order to avoid this orders and ensure effective animal health the feed additives such as phytogenics are being used in pigs.

This research report categorizes the animal intestinal health industry based on Additive, Livestock, Form, Function, Source.

By Additive

  • Probiotics
  • Prebiotics
  • Phytogenics
  • Immunostimulants

By Livestock

  • Poultry
  • Ruminants
  • Swine
  • Aquaculture
  • Other Livestock

By Form

  • Dry
  • Liquid

By Function

  • Metabolism
  • Weight Gain
  • Nutrient Digestion
  • Disease Prevention
  • Bone and Joint Health

To know more get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137766321

South America  is projected to be the second fastest growing market in terms of value

In recent years, there have been several changes in dietary habits and consumption patterns of the population in developing countries, such as Brazil and Argentina, where the shift toward increased consumption of meat and dairy products has been witnessed. Consumers are becoming health-conscious and are focusing on opting for nutrition-rich products derived from livestock, which is provided by enriched feed products. This increase in demand for various animal products, such as milk, meat, eggs, and dairy products, has led to a rise in the usage of feed probiotics and prebiotics, as these products help improve the gut health of the livestock. This increase in industrialized livestock production is another major factor encouraging market growth in South America.

Innovations and technological advancements in the overall animal health and nutrition sector

With the ban on antibiotics in European countries, innovations for effective and sustainable feed additives have been a major focus area by the market players in the feed industry. Feed additives such as probiotics and prebiotics are anticipated to act as substitutes for harmful feed additives like antibiotics which adversely impact the animal health. The increased focus on animal health and the rising demand for advanced solutions by the stakeholders along the value chain pose an attractive growth opportunity for the animal intestinal health  market. For instance, in November 2020, Evoniks Animal Nutrition business line launched Ecobiol Fizz, the first probiotic for chicken in effervescent tablet form. The product contains a microbial strain of the species Bacillus amyloliquefaciens, which is used to stabilize the intestinal microbiota of broilers and chickens reared for laying, particularly during stressful periods, such as breeding.

Top Animal Intestinal Health Companies

  • Cargill, Incorporated (US)
  • Koninklijke DSM N.V. (Netherlands)
  • Archer Daniels Midland Company (US)
  • DuPont de Nemours, Inc. (US)
  • Evonik Industries (Germany)
  • Novozymes (Denmark)
  • Nutreco (Netherlands)
  • Chr. Hansen Holdings (Denmark)
  • Bluestar Adisseo Pvt Ltd. (China)

Share this post:

Related Posts

Comments are closed.