Animal Intestinal Health Market 2023-2027: Growth Opportunities led by AB Agri Ltd. and Agrihealth Ltd.


NEW YORK, Dec. 12, 2022 /PRNewswire/ — The animal intestinal health market size is estimated to increase by USD 1,587.98 million from 2022 to 2027, with an accelerated CAGR of 8.08%, according to the recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region.

Technavio has announced its latest market research report titled Global Animal Intestinal Health Market 2023-2027

Technavio has announced its latest market research report titled Global Animal Intestinal Health Market 2023-2027

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report.

Chart and data table on 5-year historic (2017-2021) market size, comparative analysis of segments, and Y-O-Y growth of animal intestinal health market

  • The market is segmented by type (probiotics, phytogenics, prebiotics, and immunostimulants) and source (plant-based and microbial).

  • Based on type, the probiotics segment will be the largest segment in terms of market growth during the forecast period.

  • The growth of this segment is primarily attributed to the benefits offered by probiotics. One of these benefits includes an increase in animal growth, immunological response, nutrient digestibility and absorption, gut microbiota composition, and meat quality.

  • Probiotics account for a significant portion of feed supplements used in the cattle industry. They also help improve cattle performance and are safe and effective alternatives to antibiotics.

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Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The bargaining power of buyers and suppliers and the threat of new entrants, rivalry, and substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

Find Technavio’s exclusive analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria

  • One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.

  • Furthermore, market adoption rates for all regions have been covered.

The animal intestinal health market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed below –

  • Agrihealth Ltd.

  • Alltech Inc.

  • Anco Animal Nutrition Competence

  • Archer Daniels Midland Co.

  • Arm and Hammer Animal and Food

  • Beneo GmbH

  • Bluestar Adisseo Co.

  • Cargill Inc.

  • Chr Hansen Holding AS

  • Dr. Eckel Animal Nutrition

  • Evonik Industries AG

  • International Flavors and Fragrances

  • Kemin Industries Inc.

  • Lesaffre and Cie

  • Novozymes AS

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Rising awareness regarding the intestinal health of animals is notably driving the animal intestinal health market growth

The rising awareness about the health benefits associated with the consumption of animal protein, such as improved bone health, better immunity, and reduction in protein deficiencies, is driving the growth of the global animal intestinal health market. Many companies offer dietary supplements to farmers to improve the health of livestock. Moreover, veterinarians and nutritionists advise farmers and consumers to reduce the use of antibiotics. Hence, the demand for animal intestinal health supplements has increased due to the rise in awareness. These factors are expected to drive market growth during the forecast period.

Chart and data table on historical market size (2017-2021), historic industry size, and
analysis of vendors and countries

The market is segmented by region (North America, Europe, Asiaand the Rest of World). An analysis of key leading countries has been included.

  • Asia is estimated to contribute 35% to the growth of the global market during the forecast period. Moreover, the rise in the production and consumption of meat and dairy products in Asia is expected to increase the livestock population in the region. Thus, the animal feed required for the healthy maintenance of livestock is expected to expand the market’s growth during the forecast period.

  • The outbreak of COVID-19 in 2020 had a negative impact on the market in the region. However, owing to the resumption of business and industrial activities and the availability of vaccines in 2021, the sales of meat and dairy products increased. These factors are expected to drive the growth of the market in the region during the forecast period.

For insights on the market dynamics and segmentations, view a PDF sample!

Related reports –

Companion animal healthcare market by product and geography – Forecast and analysis 2022-2026 – size is estimated to increase by USD 9.82 billion from 2021 to 2026, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by product (pharmaceuticals and diagnostics) and geography (North America, Europe, Asiaand the Rest of the World (ROW)). To get more exclusive research insights: View summary of the report

Animal sedative market by type and geography – Forecast and analysis 2022-2026 – size is estimated to increase by USD 190.96 million from 2021 to 2026, with an accelerated CAGR of 5.85%, according to the recent market study by Technavio. The increasing prevalence of diseases among animals is one of the key factors driving the market growth. To get more exclusive research insights: View summary of the report

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What are the key data covered in this animal intestinal health market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the animal intestinal health market between 2023 and 2027

  • Precise estimation of the size of the animal intestinal health market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the animal intestinal health market across Asia, North America, Europeand Rest of World (ROW)

  • Thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of animal intestinal health market vendors

Animal Intestinal Health Market Scope

Report Coverage

Details

Page number

151

Base year

2022

Historic Period

2017 -2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.08%

Market growth 2023-2027

USD 1,587.98 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.32

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing contribution

Asia at 35%

Key countries

US, Germany, China, India, and Japan

Competitive landscape

Leading companies, market positioning of vendors, competitive strategies, and industry risks

Companies profiled

AB Agri Ltd., Agrihealth Ltd., Alltech Inc., Anco Animal Nutrition Competence, Archer Daniels Midland Co., Arm and Hammer Animal and Food, Beneo GmbH, Bluestar Adisseo Co., Cargill Inc., Chr Hansen Holding AS, Dr. Eckel Animal Nutrition, Evonik Industries AG, International Flavors and Fragrances, Kemin Industries Inc., Land O Lakes Inc., Lesaffre and Cie, Novozymes AS, Nutreco NV, Unique Biotech Ltd., and Koninklijke DSM NV

Market Dynamics

Parent market analysis; market growth inducers and obstacles; fast-growing and slow-growing segment analysis for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Source

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Animal Intestinal Health Market 2023-2027

Global Animal Intestinal Health Market 2023-2027

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