The global animal intestinal health market size is estimated to be valued USD 3.1 billion in 2020 and is expected to reach a value of USD 4.6 billion by 2025, growing at a CAGR of 8.0% during the forecast period. It is estimated to account for 700.0 KT in 2020 and is projected to account for 1,000.3 KT in 2025, growing at a CAGR of 7.4% during the forecast period. Factors such as an increase in the consumption of feed and feed additives, steady growth in the market for meat and meat products, a shift toward natural growth promoters, is driving to the growth of the animal intestinal health market.
Key players in this market include Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (US), Kemin Industries, Inc.(US), DuPont (US), Cargill, Incorporated (US), Novozymes (Denmark), Nutreco N.V. (Netherlands), Chr. Hansen Holding A/S (Denmark), Bluestar Adisseo Co Ltd. (China), and Alltech (US).
New product launches and partnerships, collaborations, and joint ventures were the key strategies adopted by the leading players in the animal intestinal health market with a view to improve their product line and presence in the market.
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Archer-Daniels-Midland Company (ADM) (US) Archer Daniels Midland Company (ADM) produces food & beverage ingredients, feed ingredients, industrial ingredients, and biofuels. The company operates through four segments—agricultural services and oilseeds, carbohydrate solutions, nutrition, and other. It is a leading manufacturer of protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. It offers various animal health products under its nutrition business segment. The company engages in the production, sale, and supply of specialty products, including emulsifiers, natural flavor ingredients, natural health and nutrition products, natural colors, flavor systems, proteins, polyols, soluble fiber, hydrocolloids, and other specialty food & feed ingredients. The nutrition segment includes two divisions, namely, wild flavors and specialty ingredients and animal nutrition. Under the nutrition segment, it offers animal nutrition products for livestock, such as poultry, swine, and equine. The company offers animal intestinal enzymes and probiotics under its brand names, such as Inside Tract, CitriStim, PrimaLac, PremiDex, Forage First GS, and others.
It operates in more than 170 countries globally and has 44 innovation centers, nearly 500 crop procurement facilities, and 270 food & feed ingredient manufacturing facilities. It operates through its consolidated subsidiaries in 82 countries, with a majority of these subsidiaries being located outside the US.
KONINKLIJKE DSM N.V. (Netherlands) KONINKLIJKE DSM N.V.’s businesses are grouped into three clusters, namely, nutrition, materials, and innovation center. The nutrition segment comprises DSM nutritional products (animal nutrition & health, human nutrition & health, personal care & aroma ingredients, and pharma solutions), food specialties, and hydrocolloids. The material segment consists of engineering plastics, Dyneema, resins & functional materials, and additive manufacturing. The innovation center develops its Emerging Business Areas (EBAs), advanced solar, bio-based products & services, and biomedical. In addition, DSM venturing is a subsegment, which operates under the innovation center segment of the company. It offers animal intestinal health products under its animal nutrition segment. The company manufactures animal intestinal nutritional products, such as feed enzymes and eubiotics for animal gut health, under brand names such as RONOZYME ProAct, RONOZYME WX, RONOZYME A, ROXAZYME G2, CRINA, CYLACTIN, and others.
The company is present in 68 countries across five continents, including the Netherlands, the UK, the US, Canada, Germany, Switzerland, France, Belgium, and Luxembourg. The main subsidiaries of the company are DSM Nutritional Products NV ((Belgium), DSM Food Specialties B.V. (Netherlands), and DSM Bio Solutions B.V. (Netherlands).
Related Reports:
Animal Intestinal Health Market by Additive (Probiotics, Prebiotics, Phytogenics, Immunostimulants), Livestock (Poultry, Swine, Ruminant, Aquaculture, Other Livestock), Form (Dry, Liquid), Source, Region - Global Forecast to 2025
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