The animal intestinal health market is a growing segment of the animal health industry, focused on maintaining and improving the digestive health of livestock and other animals. The market includes a wide range of products and services, including probiotics, prebiotics, feed enzymes, acidifiers, and other nutritional supplements.
The main drivers of growth in this market include the increasing demand for meat and animal products, concerns about antibiotic resistance, and a growing awareness of the importance of gut health in animal performance and overall health. As a result, many producers are turning to natural solutions for maintaining gut health in their animals, such as probiotics and prebiotics.
The animal intestinal health market is expected to be worth USD 3.7 billion in 2022, rising to USD 5.4 billion in 2027 at an 8.2% CAGR from 2022 to 2027.
Asia Pacific is expected to account for the largest share during the forecast period. This is due to the increase in the demand for meat and meat products in countries such as China, India, and South Korea. The demand for poultry products is expected to be significantly high in the Asia Pacific region, which is expected to lead to a rise in demand for feed products for broilers and layers. With the westernization of diets in the emerging countries in the Asia Pacific region, the demand for beef and pork meat is expected to grow, which would also encourage the growth of the market studied.
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Key trends that are currently shaping the animal intestinal health market include:
Growing demand for animal protein: With the global population expected to increase, there is a rising demand for animal protein. This trend is driving the growth of the animal feed industry, which in turn is boosting demand for animal intestinal health products.
Increased focus on animal health and welfare: There is a growing awareness about the importance of animal health and welfare, which has led to increased demand for products that can promote gut health and prevent disease.
Growth in the use of feed additives: Feed additives such as prebiotics, probiotics, and organic acids are being increasingly used to improve animal health and performance. This trend is expected to continue, as these products are seen as a cost-effective way to improve feed efficiency and reduce the need for antibiotics.
Rising incidence of antibiotic resistance: The overuse of antibiotics in animal feed has led to the emergence of antibiotic-resistant bacteria, which poses a significant threat to human health. As a result, there is a growing trend towards reducing the use of antibiotics in animal feed, and increasing the use of alternatives such as prebiotics and probiotics.
Increasing adoption of precision farming: The adoption of precision farming techniques such as precision feeding, precision breeding, and precision management is on the rise. These techniques rely on data analytics to optimize animal health and performance, which is driving demand for animal intestinal health products that can be incorporated into these systems.
Technological advancements in the animal health industry: The development of new and advanced technologies such as gene editing, microbiome analysis, and immunology is expected to drive the growth of the animal health industry. These technologies can be used to develop new and innovative animal intestinal health products that can improve gut health and prevent disease.
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