Animal intestinal health Market is a major concern nowadays as the health of animals is not only crucial for their safety and well-being but also the human beings. The diseases in animals can easily be transferred to humans due to the growing consumption of meat and dairy products by people including fish, chicken, sheep meat, milk, cheese, etc. Probiotics, prebiotics, phytogenic, and immunostimulants are commonly used for improving gut immunity among animals.
Market Dynamics - Asia Pacific Animal Intestinal Health Market
Factors such as the rapid growth in livestock population, growing awareness about animal health, and increasing frequency of animal disease outbreaks are expected to drive the growth of the APAC animal intestinal health market. Moreover, the Asia Pacific market is driven by the growing disposable income, increasing awareness about animal health, growing demand for animal-derived food products, and rising adoption of companion animals.
Economic Impact of COVID-19 on Asia Pacific Animal Intestinal Health Market
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the Asia Pacific 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.
Asia Pacific Animal Intestinal Health Market Segmental Overview
The study analysed the Asia Pacific Animal intestinal health market based on type, source, livestock, additives, and geography.
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Asia Pacific 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. 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.
Asia Pacific Animal Intestinal Health Market by Source
The major source of the global animal intestinal health products market are microbial and plant-based sources. Plant-based sources account for the largest market size through the forecast period. The plant-based sources considered for the animal intestinal health study are herbs spices, plant extracts, flowers, and fruits vegetables. Phytogenic and prebiotics are derived from plant-based sources.
Asia Pacific 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. Poultry is domesticated for the production of eggs and meat for consumption. Many factors impact the feed intake of poultry birds and knowingly impact the nutritional well-being and efficiency of poultry production.
Asia Pacific Animal Intestinal Health Market by Additive
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.
Asia Pacific Animal Intestinal Health Market Key Players
The key competitor of the market includes Unique Biotech, Calpis Co. Ltd, Kyoritsu Seiyako, Tianjin Ringpu, China Animal Husbandry, and Jinyu Bio-Technology, Bluestar Adisseo Co Ltd., among others.
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