Animal Intestinal Health - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Animal Intestinal Health Market is accounted for $2.86 billion in 2019 and is expected to reach $6.13 billion by 2027 growing at a CAGR of 10.0% during the forecast period. Factors such as increase in the production of compound feed, rising demand for meat and meat products, and growing awareness pertaining to feed and food safety are driving the market growth. However, introduction of stringent regulations pertaining to the use of different feed additives is hampering the growth of the market.
Optimal gut health is very important in the performance of production animals. A healthy gut means the animal can process the diet more efficiently has a better immune system and is less susceptible to pathogenic bacteria and viruses. Therefore it is important to ensure intestinal health for various livestock.
Based on the form, the dry segment is going to have high growth during the forecast period due to the ease of transportation and storage associated with it. By geography, Asia Pacific is going to have high growth during the forecast period owing to the rapid urbanization in the region coupled with an increase in demand for high-quality meat products.
Some of the key players profiled in the Animal Intestinal Health Market include Unique Biotech, Pure Cultures, Nutreco N.V., Alltech, Chr. Hansen Holding A/S, Archer Daniels Midland Company, Lallemand, Inc., Bluestar Adisseo Co Ltd., Kemin Industries, Inc., Cargill, Incorporated, DuPont, Dr. Eckel Animal Nutrition GmbH & Co. KG, Lesaffre, Calpis Co., Ltd, Evonik Industries, Koninklijke DSM N.V., Biorigin, Land O'Lakes, AB Vista, and Novozymes.
• Other Livestock
• Weight Gain
• Nutrient Digestion
• Disease Prevention
• Bone and Joint Health
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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