What is the market size of animal intestinal health market?Posted by pooja on September 1st, 2022  The animal intestinal health market is valued at nearly US$ 3 billion. The market is set to grow at nearly 7% CAGR between 2020 and 2030. Animal intestinal health is a major concern nowadays as the health of animals is not only crucial for their safety and well-being but also for the human beings. The diseases in animals can easily be transferred to humans due to the growing consumption of meat and dairy products by the people including fish, chicken, sheep meat, milk, cheese etc. Probiotics, prebiotics, phytogenics and immuno stimulants are commonly used for improving the gut immunity among animals. The rise in the production and consumption of compound feed is driving the market for animal intestinal health across the globe. The demand for animal protein, dairy products and aquaculture are rising leading to increasing concern for their intestinal health. Strict rules and regulations introduced by the government in feed products are hindering the market progress for animal intestinal health. The ban on the use of antibiotics as growth promoter in animals is one such example that has created a hinderance in the market growth. Among these market players, AB Vista Corporation has launched the first stimbiotic product called ‘Signis’ for livestock which is a blend of enzyme xylanase and fermentable xylooligosaccharides that develops a set of bacterial species to degrade fiber in the intestines of animals. In adddition to that, ADM Animal Nutrition Corporation introduced a product called‘Forage First GS’ for providing high-quality nutritional support for gastro-intestinal health of animals. These developments have resulted in improving the market position of these corporations. Get Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7124 About TMR Research Contact: Like it? Share it! More by this author |