The animal intestinal health market is witnessing promising growth owing to rising consumption of animal-based protein such as meat, eggs and dairy. Animal intestinal health products help enhance nutrient absorption and digestion in animals. They also improve gut health and metabolism of animals, thus supporting weight gain and overall growth.
The global animal intestinal health market is estimated to be valued at US$ 8.01 Bn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period between 2024 to 2031.
Key Takeaways
Key players operating in the animal intestinal health market are Cargill Inc., Koninklijke DSM N.V., Archer Daniels Midland Company, DuPont, Novozymes, Kemin Industries, Inc., Nutreco N.V., Chr. Hansen Holding A/S, Bluestar Adisseo Co., Ltd. and Alltech.
Key opportunities in the market include rising awareness among livestock farmers about benefits of intestinal health products. Moreover, growth of organized livestock farming in developing regions is supporting demand. Introduction of innovative products tailored for different animal types is another opportunity area.
Globally, the market is witnessing expansion in developing regions owing to growing meat consumption and rapid urbanization. Livestock farmers in Latin America, Asia Pacific and Middle East are increasingly adopting intestinal health solutions to boost production. North America and Europe continue to be major markets driven by well-established animal agriculture industry and large presence of leading manufacturers.
Rising animal protein consumption globally is a major market driver. As demand for meat, eggs and dairy increases, requirement for optimal animal gut health and productivity is growing. Use of intestinal health products supports weight gain and improves conversion efficiency of animals. This helps farmers maximize production and meet burgeoning food demand. Growing focus on sustainable livestock farming practices is also propelling the animal intestinal health market.
PEST Analysis
Political: Regulations regarding the usage of antibiotics and growth promoters in animal feed may impact the Animal Intestinal Health Market Demand. Changes in import/export policies related to commodities also affect the market.
Economic: Rising disposable incomes have increased adoption of pet insurance and advanced veterinary services, driving demand. However, high costs associated with development of new products hinder market growth.
Social: Growing awareness regarding animal health and nutrition, and their links to human well-being has boosted demand for specialized intestinal health products.
Technological: Adoption of precision/digital livestock farming enables accurate monitoring of intestinal health and customized treatment. Advancements in microbiome research aid development of novel preventive and therapeutic options.
The animal intestinal health market witnesses high concentration in terms of value in North America and Europe. Countries like the U.S., Germany, France, and the U.K. account for over 60% share due to rising pet ownership, stringent regulations regarding animal welfare, and presence of major players.
Asia Pacific is the fastest growing regional market driven by increasing meat consumption, growing livestock industry, and rising disposable incomes in countries like China and India. Government support for rural development and adoption of modern agricultural practices also supplement market growth. Improved awareness regarding preventive healthcare for production animals boosts demand for intestinal health treatments and supplements.
About Author - Ravina Pandya
Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile