Global Animal Intestinal Health Market Size, Trends, and Analysis- Forecasts To 2026 By Form (Liquid, and Dry), By Source (Plant-Based, and Microbial), By Livestock (Ruminant, Aquaculture, Poultry, Swine, and Others), By Additives (Prebiotics, Immunostimulants, Probiotics, and Phytogenic), By Function (Weight Gain, Bone & Joint Health, Metabolism, and Disease Prevention), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
As more than 80 percent of the food inputs pass through the gastrointestinal tract, intestinal health is an integral part of the food ecosystem. Also known as gut wellbeing, it includes the gut's macro and microclimate. It is considered that products high in Omega-3 and other fatty acids cure cardiovascular diseases (CVDs). Hence, increasing consumption of feed additives and feed and growing demand for animal protein among customers are expected to propel the growth during the projected timeframe. It is also predicted that growing awareness of feeding and food safety would stimulate market demand for animal intestinal health. Furthermore, the growing use of feed additives for animal raring and the increasing availability of quality animal products have enabled the market to expand rapidly between 2021 and 2026.
Prebiotics, immunostimulants, probiotics, and phytogenics are the different types of additives in the market. In 2019, the prebiotics segment will expand over the expected timeframe with the highest value of CAGR. Prebiotics are non-digestible additives that improve the productivity of indigenous gastrointestinal bacteria and growing awareness of the health benefits associated with the use of prebiotics in animal feed.
As per the livestock outlook, this market is divided into four segments namely, ruminant, aquaculture, poultry, and swine. The poultry segment is anticipated to be the largest market shareholder in 2019. For the processing of eggs and meat for consumption, poultry is domesticated on a large scale throughout the globe. The feed consumption of poultry birds is influenced by several factors. It is also projected that increased demand for poultry products and the production of poultry feed products will grow fastest than other livestock production.
Liquid and dry are the two major forms of the animal intestinal health market. As compared to the other source, the dry segment of this market would be the dominant segment. As it can be mixed with feed materials, the dry form of intestinal probiotics for animals is most often contained in a powdered form and hence becomes efficient for the consumers to use.
Based on the source-outlook this market can be bifurcated into two segments; plant-based and microbial. The plant-based source is projected to be the largest market shareholder in 2019 over the forecasted period. Phytogenics and prebiotics are extracted from sources that are based on plants. In the feed industry, the market for plant-based or phytogenic animal intestinal products is growing the fastest.
The region of North America is projected to be the largest shareholder from 2021 to 2026. Rising consumption of poultry products, along with an increase in import demand for high-quality meat products, will help maintain the dominant position region's segment in the market. On the other hand, due to the presence of a large number of consumers and the rising demand for high-quality poultry products, the Asia Pacific region will be the fastest-growing region.
The major players competing in this market are DuPont, Alltech, Cargil, Inc., ADM, Koninklijke D.S.V., Novozymes, Nutreco, Bluestar Adisseo Co., Ltd, Evonik Industries, Biorigin, Kemin Industries, Inc., CHR, Hansen Holding A/S, Lallemand Inc., AB Vista, Lesaffre, and Unique Biotech, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2020, the Animal Nutrition business line of Evonik launched its first probiotic for chicken in an effervescent tablet form, Ecobiol Fizz.
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The Global Animal Intestinal Health Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Animal Intestinal Health Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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