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The Growing Market for Animal Intestinal Health: Trends, Drivers, and Innovations

02-29-2024 02:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

The Growing Market for Animal Intestinal Health: Trends,

The animal intestinal health market is witnessing significant growth, projected to reach USD 5.4 billion by 2027 from USD 3.7 billion in 2022, with a compound annual growth rate (CAGR) of 8.2% during the forecast period. This growth is fueled by various factors such as increasing demand for animal protein-based products, rising incidences of intestinal disorders among livestock, and innovations in the animal health and nutrition sector.

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Demand for Animal Protein and Feed Additives

Livestock breeders are investing in feed additives to ensure improved intestinal health, vital for the growth and well-being of livestock species. Factors such as higher consumption of feed and feed additives, steady growth in meat and meat products markets, and a shift towards natural growth promoters are driving this demand. Probiotics, prebiotics, and phytogenics are among the additives showing positive impacts on intestinal health, further boosting market growth.

Rising Incidences of Intestinal Disorders

Livestock species are susceptible to various harmful substances affecting their gastrointestinal tracts. Factors including diet and infectious agents can negatively impact intestinal functioning. Disorders like bovine viral diarrhea and jejunal hemorrhage syndrome are prevalent among cattle. The increasing occurrences of such disorders, coupled with awareness of the benefits of natural feed additives, are driving market growth.

Innovations and Technological Advancements

Innovations in feed additives are crucial, especially with the ban on antibiotics in many regions. Probiotics and prebiotics are emerging as substitutes for harmful additives, meeting the demand for effective and sustainable solutions. Market players are focusing on advanced solutions to cater to stakeholders' needs along the value chain. For example, Evoniks Animal Nutrition launched Ecobiol Fizz, the first probiotic for chickens in effervescent tablet form, targeting improved intestinal microbiota stabilization.

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Regional Growth Trends

South America is poised to be the second-fastest-growing market, driven by changes in dietary habits and increased consumption of meat and dairy products in countries like Brazil and Argentina. This shift towards nutrition-rich products from livestock has led to greater usage of feed probiotics and prebiotics, further boosting market growth in the region.

Key Players

The top five leaders in the animal intestinal health market include Cargill, Koninklijke DSM N.V., Archer Daniels Midland Company, DuPont de Nemours, and Evonik Industries. Their contributions to innovation and product development continue to drive market expansion.

In conclusion, the animal intestinal health market is witnessing robust growth driven by increasing demand for animal protein, rising awareness of intestinal disorders, technological advancements, and regional consumption patterns. Innovations in feed additives and a focus on natural solutions are expected to sustain this growth trajectory in the coming years.

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Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
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USA: +1-888-600-6441

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