Global Animal Intestinal Health Market Report (2022 to 2027) - Growth, Trends, Covid-19 Impact, and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 16, 2022--
The "Animal Intestinal Health Market- Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The Animal Intestinal Health market is projected to register a CAGR of 8% during the forecast period (2022-2027).
Companies Mentioned
- AB Vista
- Agrihealth
- Alltech
- Anco Animal Nutrition Competence GmbH (Archer Daniels Midland Company)
- ARM & Hammer Animal Nutrition
- Beneo
- Biorigin
- Bluestar Adisseo (Novozymes)
- Calpis Co., Ltd
- Cargill, Incorporated
- Chr. Hansen Holding A/S
- Delacon Biotechnik Ges.M.B.H.
- Dr. Eckel Animal Nutrition
- DuPont
- Evonik Industries
- Kemin Industries, Inc.
- Koninklijke DSM N.V.
- Lallemand Inc.
- Land O' Lakes
- Lesaffre
- Nutreco N.V
- Ohly
- Pancosma
- Phytobiotics Futterzusatzstoffe GmbH
- Pure Cultures
- Unique Biotech
Key Market Trends
The Probiotics Segment is Expected to Hold a Major Market Share in the Animal Intestinal Health Market
Probiotics are a major fraction of the feed supplements used in the livestock industry. Probiotics are microbial feed supplements that, when consumed adequately, bestow health benefits on the host. An article published in the Journal of Basic and Applied Zoology in October 2021 discussed the drawbacks of using antibiotics to prevent animal diseases and how antibiotics could be replaced with probiotics. Probiotics could be beneficial in the improvement of health and growth of livestock and fish.
Another article published in BMC Zoology in April 2021 conferred that probiotics help increase the rate of digestion in animals. The article proposed that probiotics can enhance broilers' cecal microorganism constitution and nutrient digestion. A research study published in the journal of Aquaculture in 2021 studied the effects of probiotics on the fish Tilapia. It concluded that they were vital in growth performance and nutrient utilization.
According to an article published in the journal of Sustainability in February 2020, probiotics are being increasingly used as a safe and viable alternative to antibiotics for increasing performance in livestock. The article showed that several health agencies worldwide have established and documented adequate safety protocols for probiotics development.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period (2022-2027).
The United States of America is one of the largest consumers of meat and dairy products. According to Organisation for Economic Co-operation and Development - Food and Agriculture Organization (OECD-FAO) agricultural outlook 2021, the United States consumed around 43,810 thousand tonnes of poultry, sheep, pork, beef, and veal, constituting around 34.43% of the total meat consumption in the world.
A large amount of meat consumption by the United States is expected to propel the market's growth in the forecast period. According to the United States Department of Agriculture's Economics, Statistics and Market Information System, as of January 2022, the United States produced around 12,383 thousand metric tonnes of beef and veal, 12,478 thousand metric tonnes of pork, and 20,712 thousand metric tonnes of chicken.
The large production volumes are mainly attributed to the increased consumption of meat products. As per the United States Department of Agriculture's Economic Research Service, the United States had produced over 2,26,258 million pounds of milk in the year 2021. The increased consumption of meat and dairy products requires the proper maintenance of the livestock.
As per the Cattle inventory released by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA) in January 2021, the United States had around 93.8 million cattle and calves, with beef cows at 31.2 million and milk cows at 9.44 million. The total number of heifers accounted for 20 million, with beef replacement heifers at 5.81, milk replacement heifers at 4.6 million, and other heifers at 9.58 million. The number of steers had increased from the previous year to 16.6 million, and the total number of bulls as of January 2021 was 2.21 million. The number of cattle and calves for the slaughter market in the United States was about 14.7 million, slightly increasing from 2020.
The United States Department of Agriculture (USDA), in 2021, showed that livestock and poultry accounted for over half of United States agricultural cash receipts, exceeding USD 100 billion per year. In its 2022 Feed Industry Stats, the American Feed Industry Association estimated that the total volume of feed consumption in the United States is projected to grow to 263.1 million tonnes in 2025 from 248.4 million tonnes in 2020, in the best case scenario.
The huge production and consumption of meat and dairy products in the United States are expected to improve the livestock count in the region. The increasing livestock count and the associated animal feed required for the healthy maintenance of the livestock is likely to advance the expansion of the animal intestinal health market in the North American region.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Intestinal Disorders among Livestock
4.2.2 Increasing Demand and Production of Animal Feed
4.3 Market Restraints
4.3.1 Stringent Regulations
4.3.2 High Cost Associated with Feed Additives
4.4 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 By Livestock
5.2 By Additive
5.3 By Form
5.4 By Source
5.5 Geography
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/shd4v4
View source version on businesswire.com:https://www.businesswire.com/news/home/20220916005438/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: HEALTH VETERINARY OTHER HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2022.