North America Animal Intestinal Health Market Size Estimation, Consumption, Demand, Industry Trends and Growth Opportunities till 2028
Animal intestinal health, covers the macro and micro environment of the gut, integrity of the gut tissues, microbiota balance, and the status of gastro intestinal tract’s immune system. Gut consumes about one fifth of the consumed energy, hosts majority of the micro-organisms, multiple hormones, digestive juices etc., For food producing animals it is critically important to maintain superior gut health to achieve safe animal protein for human consumption, through better disease resistance, nutrient utilization and enhancing the animal to perform to the genetic potential.
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MARKET DYNAMICS – NORTH AMERICA ANIMAL INTESTINAL HEALTH MARKET
Growing consumption of feed additives and feed and increasing demand for animal protein among customers are anticipated to drive the growth during the projected timeframe. It is also projected that increasing awareness of feeding and food safety would stimulate market demand for animal intestinal health. Moreover, the increasing use of feed additives for animal raring and the growing availability of quality animal products have enabled the market to expand rapidly during the forecast period.
ECONOMIC IMPACT OF COVID 19 ON NORTH
AMERICA ANIMAL INTESTINAL HEALTH MARKET
The exclusive COVID 19 impact analysis
provides an analysis of micro and macro-economic factors on the North America
Animal intestinal health market. Also, complete analysis of changes on
healthcare expenditure, economic and international policies on supply and demand
side. The report also studies the impact of the pandemic on global economies,
international trade, business investments, GDP, and marketing strategies of key
players present in the market.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET - SEGMENTAL OVERVIEW
The study analyzed the North America Animal intestinal health market based on type, source, livestock, additives, and geography.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET BY TYPE
Dry and liquid are the types of the market. The dry segment accounted for the largest share in the market. The dry form of the animal intestinal health products is favored among livestock breeders as this form is effortlessly mixed with feed. The dry form of feed has a longer shelf-life and is more cost-effective when compared with its liquid counterparts.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET BY SOURCE
The major source of the global animal intestinal health products market are microbial and plant-based sources. Microbial sources account for the largest market size through the forecast period, due to a higher pool of products available which are sourced from algae, bacteria, fungi, and yeast. Microbial sources are used in the manufacture of products such as probiotics and immunostimulants.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET BY LIVESTOCK
The livestock of the market is poultry, ruminant, swine, aquaculture, etc. The poultry segment held a lion’s share in the market. There has been a substantial increase in demand for poultry meat and other by-products across the region. The most effective way of achieving advanced production among poultry species is by enhancing the intestinal health of these livestock species.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET BY ADDITIVES
Probiotics, prebiotics, Immunostimulants, and photogenic are the additives in the animal intestinal health market. The probiotics segment is likely to account for the majority of the market share, due to the large pool of products available in the market. Livestock breeders are well aware of the benefits of adding probiotics to the diets of animals, such as higher immunity, higher productivity, better feed intake, and better intestinal health.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET BY GEOGRAPHY
Geographically, the North America animal intestinal health market is studied across the countries of the US, Canada, and Mexico. The US dominates the North America animal intestinal health market. Increasing consumption of poultry products, along with a rise in import demand for high-quality meat products, will help maintain the dominant position region's segment in the market.
NORTH AMERICA ANIMAL INTESTINAL HEALTH
MARKET KEY PLAYERS
The key competitor of the market includes
Pure Cultures, Land O'Lakes, Lallemand, Inc., Alltech, Chr. Hansen Holding A/S,
Novozymes, Cargill, Incorporated, DuPont, Kemin Industries, Inc., Archer
Daniels Midland Company, among others.
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