Animal Intestinal Health Market Size to grow by USD 1745 million between 2024-2028
The Animal Intestinal Health Market is segmented by Type (Probiotics, Phytogenics, Prebiotics, and Immunostimulants), Source (Plant based and Microbial), and Geography (Asia, North America, Europe, and Rest of World (ROW)). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 1745 million, at a CAGR of 8.24% during the forecast period. There are several companies that are contributing to the market as per this report. Rise in adoption of natural growth promoters .
By Type, the Probiotics segment is projected to dominate the market size in 2024
In the dynamic animal intestinal health market, the probiotics segment holds a significant market share, projected to dominate in 2022. Probiotics, as microbial feed supplements, are increasingly popular in the livestock industry, particularly in cattle farming. These supplements offer numerous benefits, enhancing animal growth, improving immunological response, and optimizing nutrient digestibility and absorption. By fostering a balanced gut microbiota composition, probiotics contribute to better meat quality. As a safe and effective alternative to antibiotics, probiotics are gaining traction for their ability to bolster cattle performance, ensuring optimal health and productivity within the industry.
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By Source, Plant based segment is expected to hold the largest market size for the year 2024
In the Animal Intestinal Health Market, plant-based animal product alternatives are gaining significant traction as they effectively mimic traditional meat offerings. These alternatives are primarily derived from plant proteins, such as cereals, legumes, and oilseeds, as well as dietary fiber for texture. The key consumer decision drivers of taste, price, and convenience are effectively addressed by these plant-based options, making them a viable choice for reducing animal product consumption. Notably, the feed industry holds the highest demand for these plant-based intestinal products. Comprised of biologically active substances sourced from various plant sources, including herbs, spices, flowers, and fruits and vegetables, these plant-based alternatives are capable of displacing demand for animal products rather than other plant foods.
Why is Asia forecasted to hold the largest regional market size in 2024?
In the Animal Intestinal Health Market, the Asia Pacific region dominates due to the surging demand for meat and meat products, particularly in countries like China, India, and South Korea. This trend is driven by the rising consumption of poultry, leading to heightened demand for feed products for broilers and layers. Moreover, the influence of Western diets in emerging Asia Pacific nations is projected to boost the demand for beef and pork, thereby fueling market expansion. Consequently, the uptake of feed additives and enzymes has escalated, with a focus on enhancing nutritional value and improving meat quality, as animal intestinal health gains significance amidst growing environmental concerns.
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Research Analysis Overview
The Animal Intestinal Health Market encompasses a wide range of products and solutions aimed at promoting the health and optimal function of the digestive tract in various livestock species, including Swine, Poultry, Ruminants, Aquaculture, and others. The market includes products such as Immunostimulants, Prebiotics, Phytogenics, Probiotics, and Antibiotics, which help enhance defense mechanisms against Pathogenic bacteria and support Nutrient digestion, Absorption, and Energy production. The Immunostimulants segment, which includes Plant-derived products and DNA, plays a crucial role in boosting the animal's immune system and improving gut health. Feed palatability and animal protein are also essential factors that influence intestinal health. In the Veterinary healthcare industry, the focus on reducing Antibiotic usage has led to a surge in demand for alternatives such as Immunostimulants, Prebiotics, and Probiotics. The Microbiome plays a significant role in the digestive process, and maintaining a healthy balance of microorganisms in the gut is essential for optimal health and productivity in Livestock production. The use of Phytogenics and Prebiotics can help support the microbiome and improve Nutrient digestion, leading to better Meat and Dairy quality and increased Animal performance. Overall, the Animal Intestinal Health Market is a critical sector in the Livestock industry, with continued research and innovation driving growth and advancements in Host metabolism and Absorption.
Market Research Overview
According to Technavio, the animal intestinal health market is a segment of the larger pharmaceutical market within the healthcare industry. The pharmaceutical market encompasses entities involved in the research and development (R&D) or manufacturing of various drug categories, including generic, non-generic, and veterinary drugs. The healthcare industry's overall size is determined by Technavio based on the consolidated revenue generated by providers of equipment, supplies, pharmaceuticals, biotechnology, and life sciences tools and services. Key growth drivers for the global pharmaceutical market include the increasing elderly population, with the number of individuals aged 60 years and above projected to rise significantly. - The Animal Intestinal Health Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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