logo
logo
Sign in

New Revenue Sources in Animal Intestinal Health Industry

avatar
Rupali Patil
New Revenue Sources in Animal Intestinal Health Industry

The animal intestinal health market is a segment of the broader animal health market that focuses on products and solutions to promote and maintain the digestive health of animals. This market is particularly important in the agriculture and livestock industry, where maintaining the well-being of animals is crucial for productivity.


Factors driving the growth of the animal intestinal health market include:


Increasing Awareness: Growing awareness among farmers and pet owners about the importance of intestinal health in animals.


Rising Livestock Production: With an increasing global demand for meat and dairy products, there is a parallel need to ensure the health and well-being of livestock.


Regulatory Support: Stringent regulations related to the use of antibiotics in animal feed have led to the development and adoption of alternative solutions that promote intestinal health.


Technological Advancements: Ongoing research and development in the field of animal nutrition and health have led to the introduction of innovative products.


The animal intestinal health market size is estimated at USD 3.7 billion in 2022 and is projected to grow to USD 5.4 billion in 2027, at a CAGR of 8.2% from 2022 to 2027. Key factors, such as an increase in the consumption of compound 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 growth of the market. However, the high price of feed additives and the lack of awareness in developing countries pertaining to the right ratio for mixing these additives in compound feed products are expected to inhibit the market's growth during the forecast period.


Key components and products in the animal intestinal health market include:


Probiotics and Prebiotics: These are beneficial microorganisms that can improve the balance of gut bacteria in animals, promoting digestive health.


Enzymes: Enzymes are used to enhance the digestion of nutrients in animal feed, aiding in better absorption and utilization of essential nutrients.


Feed Additives: Various additives, such as organic acids and essential oils, are used to enhance the quality of animal feed and support intestinal health.


Health Supplements: Nutritional supplements containing vitamins, minerals, and other essential nutrients to support overall animal health, including digestive health.


Pharmaceuticals: Veterinary pharmaceuticals may also play a role in addressing specific intestinal health issues in animals.


Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.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.


The top five leaders in the animal intestinal health market include Cargill, Incorporated (US), Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (US), DuPont de Nemours, Inc. (US), and Evonik Industries (Germany).


Archer Daniels Midland Company (ADM) produces food & beverage ingredients, feed ingredients, industrial ingredients, and biofuels. The company operates through four segments—agricultural services and oilseeds, carbohydrate solutions, nutrition, and others. offers various animal health products under its nutrition business segment. The company offers animal intestinal enzymes and probiotics under its brand names Track, CitriStim, PrimaLac, PremiDex, Forage First GS, and others. The company operates in more than 170 countries globally and has 44 innovation centers. It also has 500 crop procurement facilities and 270 food & feed ingredient manufacturing facilities. It operates through its consolidated subsidiaries in 82 countries, with a majority of these subsidiaries being located outside the US.


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


DuPont operates through five business segments, namely nutrition & biosciences, safety & construction, transportation & industrial, electronics & imaging, and non-core. The company offers intestinal health-related products for livestock species through its nutrition & biosciences segment. The company has initiated the use of biotechnology for improved performance and high functionality of products. DuPont’s broad range of products for the dietary supplements, food & beverages, and pet food industries is marketed under the brand name “Danisco.”In February 2021, Dupont completed the divesture of the Nutrition & Biosciences business to International Flavors & Fragrance Inc., and the Nutrition and Biosciences business has established a separate entity.

collect
0
avatar
Rupali Patil
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more