Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Animal intestinal health is a steady state where the microbiome and the intestinal tract exist in symbiotic equilibrium and where the welfare and performance of the animal is not constrained by intestinal dysfunction.
Growing consumer awareness regarding scientific animal nutrition is the key driving force behind the growth of the animal intestinal health market in the region. The rise in industrialized livestock production, and the growing demand for animal-based protein sources are the factors augmenting the growth of the market studied.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the Europe 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.
The study analyzed the Europe Animal intestinal health market based on type, source, livestock, additives, and geography.
Dry and liquid are the types of the market. The dry segment accounted for the largest share in the market. In emerging countries, livestock breeders have lesser awareness in terms of the right quantities to mix as a proportion of feed owing to which they prefer using the dry form of animal intestinal health products.
The major source of the global animal intestinal health products market are microbial and plant-based sources. The demand for plant-based or phytogenic animal intestinal products is increasing in the feed industry, and a large number of producers are including them in their feeding programs.
The livestock of the market is poultry, ruminant, swine, aquaculture, etc. The poultry segment held a lion’s share in the market. Poultry meat is the most consumed in the region, according to OECD, in 2016, per capita consumption was 29.5 Kg that has increased to 31.7 Kg in 2019.
Probiotics, prebiotics, Immunostimulants, and photogenic are the additives in the animal intestinal health market. The prebiotics segment is likely to account for the majority of the market share. Prebiotics are non-digestible ingredients offered by host enzymes that improve the growth of indigenous gastrointestinal bacteria that encourage metabolic characteristics that are considered beneficial to the host, depending on the type of metabolite and antagonistic to the establishment of pathogens.
Geographically, the Europe animal intestinal health market is studied across the countries of Russia, Germany, France, Netherland, and U.K. Russia is leading the Europe animal intestinal health market. According to the Russian agricultural ministry, the government decided to spend USD 180 million by every year on the livestock industry for numerous R&D projects and to encourage new investors in the animal intestinal health market. Also, the government has set a goal to rise the feed conversion ratio from 10 % to 12% by 2025.
The key competitor of the market includes Dr. Eckel Animal Nutrition GmbH & Co. KG, Lesaffre, AB Vista, Evonik Industries, Nutreco N.V., Koninklijke DSM N.V., among others.
The study analyses the Europe animal intestinal health market based on type, source, livestock, additives, and geography. Dry and liquid are the types of the market. The dry segment accounted for the largest share in the market. Microbial and plant-based are the sources of the animal intestinal health market. The plant-based source is the fastest-growing segment of the market. The livestock of the market is poultry, ruminant, swine, and aquaculture. The poultry segment held a lion’s share in the market. Probiotics, prebiotics, immunostimulants, and photogenic are the additives in the animal intestinal health market. The prebiotics segment dominates the market. Geographically, the Europe animal intestinal health market is studied across the countries of Russia, Germany, France, Netherland, and U.K.
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