Animal Intestinal Health Market to Grow at 7.78% CAGR through 2029
Increased focus on preventive healthcare for animals and introduction of innovative animal healthcare products is expected to drive the Global Animal Intestinal Health Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Animal Intestinal Health Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2029F”,
the Global Animal Intestinal Health Market stood at USD 3.54 Billion in
2023 and is anticipated to project steady growth in the forecast period with a
CAGR of 7.78% through
2029. The Global Animal Intestinal Health Market is driven by several key factors. One major driver is the increase in livestock production to meet the growing consumer demand for animal-based protein. Additionally, the rise in incidences of intestinal disorders among animals and the subsequent need for effective solutions contribute to market growth. Progressive farming practices and growing awareness about animal health also bolster the market. Technological advancements leading to innovative animal healthcare solutions have a positive impact on the overall market.
This market has been experiencing substantial growth due to increasing concerns over animal health and the rising demand for animal-derived food products. It is primarily driven by the growing prevalence of intestinal disorders among livestock and pets, the need for effective and affordable animal healthcare, and the rise in animal farming and pet ownership globally. Animal intestinal health is crucial for the overall well-being and productivity of animals, which directly impacts the profitability of farms and the quality of animal-derived products. Intestinal disorders can lead to significant losses for farmers due to decreased productivity, increased mortality rates, and higher veterinary care costs. Therefore, maintaining intestinal health is of utmost importance to farmers, pet owners, and animal healthcare providers. Factors affecting intestinal health include diet, stress, age, and exposure to infectious diseases. Poor intestinal health can lead to disorders such as diarrhea, bloating, constipation, and other digestive issues, significantly impacting the overall health and productivity of animals.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Animal Intestinal Health Market”
Global Animal
Intestinal Health Market is segmented into livestock, additive, form, source, regional
distribution, and company.
Based on Source, Microbial have emerged as the dominating segment in the Global Animal Intestinal Health Market in 2023. Microbial solutions are highly effective in promoting a balanced gut microbiota, which is essential for optimal digestion and nutrient absorption, leading to improved overall health and productivity in animals. With growing concerns over antibiotic resistance, there is a significant shift towards reducing antibiotic use in animal farming. Microbial solutions offer a natural and effective alternative for maintaining gut health and preventing diseases. Increasing consumer preference for natural, antibiotic-free, and organic animal products is driving the adoption of microbial solutions, as these products are perceived as safer and more sustainable options for animal health. Stricter regulations on antibiotic use in many countries are also encouraging the use of microbial alternatives, with regulatory bodies promoting the adoption of probiotics and prebiotics as part of sustainable farming practices.
Based on Region,
Asia Pacific have emerged as the fastest growing region in the Global Animal Intestinal Health
Market in 2023. The demand for animal-based protein is rapidly increasing in the Asia Pacific region due to population growth and rising incomes. This surge in livestock production drives the need for effective intestinal health solutions to ensure optimal animal health and productivity. Farmers in the region are becoming increasingly aware of the importance of animal health, including intestinal health, for enhancing productivity and profitability. This awareness is leading to the adoption of modern and progressive farming practices that prioritize animal welfare and health. Rapid economic growth in countries such as China, India, and Southeast Asian nations has resulted in increased investment in the agricultural and animal husbandry sectors, supporting the development and adoption of advanced animal health products.
Major companies
operating in Global Animal Intestinal Health Market are:
- AB Agri Limited
- Cargill, Incorporated
- Calpis Co., Ltd.
- Chr. Hansen A/S
- Dr. Eckel Animal Nutrition GmbH & Co. KG
- Evonik Industries AG
- Kemin Industries, Inc.
- Koninklijke DSM N.V.
- Lallemand Inc.
Download Free Sample Report
Customers can
also request for 10% free customization on this report
“The future prospects of the Global Animal Intestinal Health Market are promising, buoyed by a heightened recognition of the significance of animal health, particularly within the livestock industry. With consumers increasingly mindful of how animal health impacts the quality of products like meat, dairy, and eggs, there is a growing demand for optimal animal well-being. This trend positions the Global Animal Intestinal Health Market for significant expansion, driven by the increasing acknowledgment of animal health's importance, escalating demand for premium animal products, and ongoing advancements in gut health supplements and research. As the industry progresses, it presents opportunities for innovation and collaboration to address the evolving requirements of the livestock sector and ensure the welfare of animals worldwide”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Animal Intestinal Health Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Livestock (Aquaculture, Poultry, Ruminant, Swine, Others), By Additive (Probiotics, Prebiotics, Immunostimulants, Phytogenics), By Form (Dry, Liquid), By Source (Microbial, Plant Based), By Region and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Animal Intestinal Health
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Animal Intestinal Health
Market.
Contact
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New York,
United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com