Animal Microbiome Market Latest Trends and Future Aspect Analysis

Animal Microbiome Market Assessment worth $ 12.4 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Animal Microbiome Market- by Products (Phage Therapy Product, Functional Food (Probiotics, Prebiotics and Others), Sequencing Platforms, Feed Additives/Functional Ingredients, Alternative Proteins and Alternative Feed, and Other Innovative Microbiome Products and Therapies), Application (Disease Therapeutics, Diagnostics, and Nutrition), Animal Type (Poultry, Ruminants, Swine, Aquaculture, and Pets), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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According to the most recent analysis by InsightAce Analytic, the worldwide animal microbiome market is estimated to be worth US$5.75 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.0% from 2022 to 2030.
In recent years, the animal industry has placed more emphasis on sustainability, and products aimed at increasing animal production output and sustainability have developed a strong interest in the microbiome. Animal microbiome study seeks to understand the role of these microbes in health, disease, and development by examining the microbial populations that live inside animals. Their animal microbiome is essential for animals to have a healthy digestive, immune, and gastrointestinal system. The fact that 70% of chicken immune cells are found in the gastrointestinal tract emphasizes the significance of the gut for general health. The gut microbiome and animal health similarly impact animal production and microbiological safety.
The growing number of people owning pets and the need to diagnose, cure, and prevent diseases in livestock and companion animals are propelling the market's growth. Due to an increase in pet ownership and an increase in the number of animals over the previous year, the sector is expanding quickly. Supplements to the diet that support healthy immune systems have become increasingly common. The need for safe and nourishing items to preserve pets' health is expected to increase along with the cost of pet ownership, necessitating a greater understanding of the animal microbiome. Prospects for market development have improved in several ways due to the increased emphasis on innovation in animal health. Two technological developments in the animal microbiome that are considered when projecting market expansion are the advent of microbiome DNA sequencing and sophisticated bioinformatic analysis. Throughout the forecast period, the market is expected to develop due to rising demand for meat and meat products, growing worry over antibiotic resistance to protect gastrointestinal health, and the growing significance of diets high in protein.
Europe is expected to be the market leader for animal microbiomes throughout the forecast years. Better R&D efforts, technical advancements, and an increase in pet owners are driving the animal microbiome market's growth in the area. In addition, rising pet ownership, expanding public awareness of animal health, and government initiatives to promote animal health are all predicted to significantly impact the growth of the Asia Pacific Animal Microbiome market during the projected period.
Animal Biome, Inc., ANIZOME LLC, Cargill, Chr. Hansen Holding A/S, Lallemand Inc., Land O'Lakes, Inc., Leiber GmbH, MicroSintesis, NomNomNow Inc., Novozymes A/S, Orion Pharma Animal Health, Cytophage Technologies Inc., DuPont Industrial Biosciences, Elanco Animal Health, EnBiotix, Inc., Gnubiotics Sciences SA, Intralytix, Koninklijke DSM N.V. (Royal DSM), Phage Technologies SA, Phagelux, Inc., Phibro Animal Health Corporation, ProDigest, Tonicity International Limited, and VetoPhage are some of the major market players operating in the Animal Microbiome market.
Recent collaborations and agreements in the market:
• In January 2022, AnimalBiome and Felix Biotechnology joined forces to create new treatments for pet diarrhoea. Felix intends to increase its presence in the animal health industry through this partnership. Felix has several ongoing partnerships to develop phage-based solutions with personal care and cosmetic companies.
• In May 2021, The European Patent Office approved a patent for microbiome markers for diagnosing, predicting, and treating pet obesity, according to Gnubiotics Sciences SA. This study is regarded as the first to predict, identify, and treat feline obesity-a major contributor to diabetes and chronic kidney disease (CKD) in cats-using a microbiome-based theory.
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Market Segments
Global Animal Microbiome Market, by Product, 2022-2030 (Value US$ Mn)
• Phage Therapy Product
• Functional Food
o Probiotics
o Prebiotics
o Others
• Sequencing Platforms
• Feed Additives/Functional Ingredients
• Alternative Proteins and Alternative Feed
• Other Innovative Microbiome Products and Therapies
Global Animal Microbiome Market, by Application, 2022-2030 (Value US$ Mn)
• Disease Therapeutics
• Diagnostics
• Nutrition
Global Animal Microbiome Market, by Animal Type, 2022-2030 (Value US$ Mn)
• Poultry
• Ruminants
• Swine
• Aquaculture
• Pets
Global Animal Microbiome Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Animal Microbiome Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Animal Microbiome Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Animal Microbiome Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Animal Microbiome Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Animal Microbiome Market, by Country, 2022-2030 (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 of the Animal Microbiome market
 To analyze the Animal Microbiome market drivers and challenges
 To get information on the Animal Microbiome market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Animal Microbiome market industry
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