Global Animal Intestinal Health Market Analysis & Trends - Industry Forecast to 2028

January 2022 •
205 pages •
Report ID: 6230151 •
Format: PDF

Summary
Table of contents

Animal Intestinal Health: Market Size

From $3.10 billion in 2020, the global Animal Intestinal Health market is projected to reach $6.65 billion by 2028. Based on our analysis the market is expected to grow at a CAGR of 10.0% from 2020 - 2028 timeframe.

Some of the prominent trends that the market is witnessing include growing awareness pertaining to feed and food safety, inclination towards natural growth promoters, and increase in incidences of intestinal disorders among livestock species.

Global Animal Intestinal Health Market: Market Dynamics

Owing to the rise in demand for meat and meat products and the increase in the importance of protein-rich diets among consumers across the globe, the demand for compound feed s is growing in the Asia Pacific, North American, and European countries. The major feed producing countries in the world include China, the US, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat has been growing in these countries, which has also contributed to the growth of the animal intestinal health market. An increase in the number of feed mills could also be among the key factors, which has contributed to the overall increase in the production of compound feed.

On the other hand, the stringent regulations regarding the use of different feed additives are likely to obstruct the profit boundaries. In addition, innovations and technological advancements in the feed industry will further boost for the Animal Intestinal Health market.

Impact of COVID-19 on Animal Intestinal Health

Due to the pandemic, livestock producers have become increasingly concerned about the need to prevent viral infections among animals. Viral infections have a negative impact on the growth, gut health, performance, and reproduction of livestock species. Animal intestinal health nutrition products help in lowering the instances of viral infections and improving the overall intestinal health and immune response in the case of a viral infection in livestock. Animal intestinal health nutrients play an important role as an alternative to antibiotic growth promoters that are used in feed products, which supports the gut immune system in livestock.

By Livestock

Poultry Segment Dominate the Market in 2020

The poultry segment made huge revenue in 2020 and growing its prominence during the forecast period. Poultry is domesticated for the production of eggs and meat for consumption. Many factors impact the feed intake of poultry birds and significantly impact the nutritional well-being and efficiency of poultry production. The increase in demand for poultry products and production of poultry feed products is also projected to be the highest among all livestock.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific region is likely to have a huge demand in the forecast period owing to the rise in disposable incomes, rapid urbanization, and an increase in demand for high-quality meat products.

List of the Key Players Profiled in the Market Include:

• Archer Daniels Midland Company
• Land O’Lakes
• Koninklijke DSM N.V.
• Chr. Hansen Holding A/S
• Cargill, Incorporated
• DuPont
• Novozymes
• Nutreco N.V.
• Evonik Industries
• AB Vista
• Unique Biotech
• Lallemand, Inc.
• Pure Cultures
• Alltech
• Calpis Co., Ltd

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

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