USD 3195.7 million
Report ID: SQMIG15A2261 | Region: Global | Published Date: February, 2024 | Pages: 242 | Tables: 93 | Figures: 76
Animal Intestinal Health Market size was valued at USD 3195.7 million in 2021 and is poised to grow from USD 3460.1 million in 2022 to USD 6371.4 million by 2030, growing at a CAGR of 8.1% in the forecast period (2023-2030).
Animal intestinal health has a significant role in determining the health of the animal as a whole. The optimal digestion and absorption of nutrients are related to the gastrointestinal tract's (GIT) efficient operation. The Pennsylvania State University defined gut health as how well nutrients from the feed are absorbed and how well infections are retained within the digestive tract in its May 2020 paper on Gut Health in Cattle. Gut health is described as physiological and functional factors, such as nutrient digestion and absorption, host metabolism and energy production, a stable and usable microbiota/microbiome, defense mechanisms, and the interactions between these factors, in an article published in Frontiers in Veterinary Science in January 2022. According to the article, having a healthy digestive system will help build the intestinal epithelial barrier, strengthen the host immune system, and stop pathogenic bacteria from spreading.
US Animal Intestinal Health Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3195.7 million
To get more reports on the above market click here to Buy The Report
The Global Animal Intestinal Health Market is segmented based on form, animal type, product type, and region. Based on the form, the animal intestinal health market is segmented into dry and liquid. Based on animal type, the market is segmented into poultry, swine, ruminant, aquaculture, and others. Based on Product, the animal intestinal health market is segmented into probiotic, prebiotic, phytogenic, immunostimulants, and others. Based on the region Animal Intestinal Health Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Animal Intestinal Health Market Analysis by Form
Based on form, the animal intestinal health market is segregated into dry and liquid. Dry animal intestinal health products form is widely preferred by livestock farmers as they are easily digestible by farm animals. Also, dry animal intestinal health products are easy to carry and store; hence, the majority of feed manufacturers provide dry animal intestinal health products. Many of the animals can be fed with dry products since they have a higher nutritional density, a more complete diet, and more economic advantages. In addition, these dry animal intestinal health products are easier to store and carry than conventional roughage, and the animals can digest, assimilate, and conserve them better. As they are generally less expensive than their liquid counterparts, feed makers choose dry products for animal intestinal health. Additionally, mixing different ingredients in powder form is simpler. The dry form is simpler to carry and has a longer shelf life. Due to all of this, feeders and feed makers favor it over other alternatives.
To get detailed analysis on other segments, Request For Sample Report
Among the region, the North American region is projected to hold the most substantial in the market. One of the biggest users of meat and dairy products worldwide is the United States of America. According to the Agricultural Outlook 2021 report from the Food and Agriculture Organization of the Organization for Economic Co-operation and Development (OECD-FAO), the United States consumed about 34.43% of the world's total meat production, or about 43,810 thousand tones, of poultry, sheep, pork, beef, and veal in 2016. The United States' substantial meat consumption is anticipated to fuel the animal intestinal health market's expansion throughout the forecast period. The United States produced about 12,383 thousand metric tons of beef and veal, 12,478 thousand metric tons of pork, and 20,712 thousand metric tons of chicken as of January 2022, according to the Economics, Statistics and Market Information System of the United States Department of Agriculture. The rising consumption of meat products is primarily to blame for the high production volumes. According to the Economic Research Service of the United States Department of Agriculture, the country produced more than 2,26,258 million pounds of milk in 2021. The correct upkeep of the animals is necessary due to the rise in meat and dairy product consumption.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Animal Intestinal Health Market Driver
Animal Intestinal Health Market Restraint
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
The market is fragmented in nature. The prominent players operating in the animal intestinal health market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key animal intestinal health market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Animal Intestinal Health Market Top Players' Company Profiles
Animal Intestinal Health Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per our analysis, based on the form, the dry form segment is projected to hold the most substantial share in the market. Based on animal type, the poultry segment market is projected to hold the most substantial share in the market. Based on product, the probiotics segment is projected to hold the most substantial share in the market. Whereas, based on the region, the North America region is projected to hold the most substantial share in the market.
|Market size value in 2021
|USD 3195.7 million
|Market size value in 2030
|USD 6371.4 million
|Forecast Unit (Value)
|North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Animal Intestinal Health Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Animal Intestinal Health Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Animal Intestinal Health Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Animal Intestinal Health Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.