The Animal Intestinal Health Global Market Report 2023, provides comprehensive information on the animal intestinal health market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company’s Animal Intestinal Health Global Market Report for 2023, the global market for animal intestinal health is poised for significant growth, with a projected increase from $3.31 billion in 2022 to $3.65 billion in 2023. This impressive expansion is anticipated to be sustained through a compound annual growth rate (CAGR) of 10.3%. However, this growth trajectory is not without its challenges, as the recent Russia-Ukraine conflict has introduced complexities to the global economic landscape.
In the wake of this geopolitical turmoil, the world’s efforts towards economic recovery from the COVID-19 pandemic have been temporarily thwarted. The war has triggered a series of economic sanctions against various nations, resulting in soaring commodity prices and supply chain disruptions. The ripple effect of these developments has led to inflationary pressures, permeating both goods and services sectors and affecting numerous markets across the globe.
Looking forward, the animal intestinal health market is expected to continue its ascent, with a projected market size of $5.32 billion in 2027, supported by a robust CAGR of 9.9%.
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A discernible trend within this market is the increasing emphasis on product innovations. Leading companies operating within this sector are actively engaged in the development of advanced and innovative products, strategically positioning themselves for market dominance. A compelling example of this trend is the groundbreaking product introduced by CHR Hansen, a distinguished Denmark-based animal health and bioscience company.
In May 2021, CHR Hansen unveiled “Bovacillus,” a pioneering probiotic product engineered for feed applications, specifically designed to enhance the health and performance of dairy and beef cattle. Bovacillus is an exceptionally versatile probiotic, meticulously crafted from two distinct strains of Bacilli: Bacillus licheniformis and Bacillus subtilis, both sourced from nature. This probiotic boasts a remarkable resilience, capable of withstanding the rigors of feed production, preparation, and the challenges presented within the gastrointestinal tract. Its applications are manifold, spanning remixes, mineral mixtures, mash feed, milk replacers, and various other forms, contributing to the overall advancement of animal intestinal health practices. These innovations are emblematic of the ongoing commitment to excellence and progress within the animal intestinal health market, ultimately benefiting both industry professionals and the animals under their care.
The animal intestinal health market is segmented:
1) By Product: Phytogenics, Probiotics, Immunostimulants, Prebiotics
2) By Source: Microbial, Plant-Based
3) By Form: Dry, Liquid
4) By Livestock: Poultry, Swine, Ruminant, Aquaculture”
Top 5 Major Players:
- Koninklijke DSM NV,
- Archer-Daniels-Midland Company,
- Kemin Industries,
- DuPont de Nemours Inc.,
- Cargill Incorporated
Asia-Pacific was the largest region in the animal intestinal health market in 2022.
Table of contents :
1. Executive Summary
2. Animal Intestinal Health Market Characteristics
3. Animal Intestinal Health Market Trends And Strategies
4. Animal Intestinal Health Market – Macro Economic Scenario
5. Animal Intestinal Health Market Size And Growth
…..
26. Africa Animal Intestinal Health Market
27. Animal Intestinal Health Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Intestinal Health Market
29. Animal Intestinal Health Market Future Outlook and Potential Analysis
30. Appendix
List Of tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Animal Intestinal Health Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Animal Intestinal Health Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Animal Intestinal Health Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 47: Koninklijke DSM NV Financial Performance
Table 48: Archer-Daniels-Midland Company Financial Performance
Table 49: Kemin Industries Financial Performance
Table 50: DuPont de Nemours Inc. Financial Performance
Table 51: Cargill Incorporated Financial Performance
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