Global Animal Microbiome Market Growth and Restrain Factors Analysis 2023-2030

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Animal Microbiome Market Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research study by InsightAce Analytic, the global animal microbiome market is expected to grow at CAGR of 7.6% during a forecast period. By region, North America and Europe dominated the global market.

In recent years the animal microbiome has become a growing area of research. Microbiomes strongly influence the health of domestic and non-domestic animals. The new advanced technologies, such as high-throughput DNA sequencing approaches, offer a cost-effective option to investigate the microbiome's complex microbial communities, composition, and functions.

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This market's major driving factors include the improving techniques and strategies for modifying the microbiome, growing awareness about antibiotic-free animal products, increasing meat consumption worldwide, rising use of microbes to enhance animal production, increasing R&D activities for animal health improvement, and surging consciousness among pet owners about pet's health. Recent advances in sequencing pipelines, data processing, and taxonomy reference databases allow researchers to discover the vague diversity and functions of the microbiomes, which is anticipated to impel market augmentation.

However, the lack of awareness about the animal microbiome may hamper market expansion in the coming years.

Geographically, North America is expected to dominate over the forecast years 2020-2030, followed by Europe and the Asia Pacific owing to the fast adoption of advanced technologies and increasing research funding & investments for microbiome study.

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Key market players operating in the animal microbiome market include Animal Biome, Inc. (US), ANIZOME LLC, (US) Cargill (US), Chr. Hansen Holding A/S (Denmark), DuPont Industrial Biosciences (US), Elanco Animal Health (US), Pando Nutrition Inc. (US), EnBiotix, Inc. (US), Gnubiotics Sciences SA (Switzerland), Hill's Pet Nutrition, Inc (US) Intralytix (US), Koninklijke DSM N.V. (Royal DSM) (Netherlands), Lallemand Inc. (Canada), Land O'Lakes, Inc. (US), Leiber GmbH (Germany), MicroSintesis (Canada), CanBiocin Inc. (Canada) NomNomNow Inc.

(US), Cytophage Technologies Inc. (Canada), Novozymes A/S (Denmark), Orion Pharma Animal Health (Southern Finland), Phage Technologies SA (Chile), Phagelux, Inc. (China), Phibro Animal Health Corporation (US), ProDigest (Belgium), Tonicity International Limited (Ireland), and VetoPhage (France).

Some of the key developments in the market are as follows:
In July 2021, to accelerate the production of new products and insights in the pet microbiome modulation space, Cargill (US) invested in AnimalBiome (US), a California-based start-up company using the latest microbiome science to restore pet digestive and skin issues.

In July 2021, Gnubiotics Sciences SA (Switzerland), a Swiss biotech company, introduced its oligosaccharides-peptides complex (GNUbiome FI). GNUbiome FI is the only comprehensive, clinically proven solution to transform the microbiome of both cats and dogs.

In June 2019, Elanco Animal Health Incorporated (US) collaborated with AgBiome, Inc. to develop nutritional health products for swine. This collaboration demonstrates Elanco's commitment to antibiotic stewardship and bringing alternatives to producers' most complex challenges.

In February 2019, Phibro Animal Health (US) launched its new Provia Prime direct-fed microbial product that helps optimize the gut microbiome for improved health, immunity, and productivity in poultry. Provia Prime promotes beneficial gut bacteria and acts as a natural growth promoter.

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Market Segments
Global Animal Microbiome Market, by Product, 2020-2030 (Value US$ Mn)
Therapeutic/Pharma Products
Animal Microbiome Product
Functional Food
Medical Food

Global Animal Microbiome Market, by Application, 2020-2030 (Value US$ Mn)
Aquaculture
Pets
Poultry
Ruminants
Swine
Others

Global Animal Microbiome Market, by Company Size, 2020-2030 (Value US$ Mn)
Small-sized Companies
Mid-sized Companies
Large Companies

Global Animal Microbiome Market, by Scale of Operation, 2020-2030 (Value US$ Mn)
Preclinical Scale Operations
Clinical Scale Operations
Commercial Scale Operations

Global Animal Microbiome Market, by Region, 2020-2030 (Value US$ Mn)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

North America Animal Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
U.S.
Canada

Europe Animal Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
Germany
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific Animal Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
India
China
Japan
South Korea
Australia & New Zealand

Latin America Animal Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
Brazil
Mexico
Rest of Latin America

Middle East & Africa Animal Microbiome Market, by Country, 2020-2030 (Value US$ Mn)
GCC Countries
South Africa
Rest of Middle East & Africa

Why should buy this report:
To receive a comprehensive analysis of the prospects for the global animal microbiome market
To receive an industry overview and future trends in the animal microbiome market
To analyze the animal microbiome market drivers and challenges
To get information on the animal microbiome market value (US$ Mn) and forecast to 2030
Significant investments, mergers & acquisitions in the animal microbiome market industry

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https://www.insightaceanalytic.com/report/global-animal-microbiome-market/1046

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