The Animal Intestinal Health Global Market Report 2023, provides comprehensive information on the animal intestinal health market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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According to The Business Research Company's Animal Intestinal Health Global Market Report for 2023, the global market for animal intestinal health is poised for significant growth, with a projected increase from $3.31 billion in 2022 to $3.65 billion in 2023. This impressive expansion is anticipated to be sustained through a compound annual growth rate (CAGR) of 10.3%. However, this growth trajectory is not without its challenges, as the recent Russia-Ukraine conflict has introduced complexities to the global economic landscape.

In the wake of this geopolitical turmoil, the world's efforts towards economic recovery from the COVID-19 pandemic have been temporarily thwarted. The war has triggered a series of economic sanctions against various nations, resulting in soaring commodity prices and supply chain disruptions. The ripple effect of these developments has led to inflationary pressures, permeating both goods and services sectors and affecting numerous markets across the globe.

Looking forward, the animal intestinal health market is expected to continue its ascent, with a projected market size of $5.32 billion in 2027, supported by a robust CAGR of 9.9%.

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A discernible trend within this market is the increasing emphasis on product innovations. Leading companies operating within this sector are actively engaged in the development of advanced and innovative products, strategically positioning themselves for market dominance. A compelling example of this trend is the groundbreaking product introduced by CHR Hansen, a distinguished Denmark-based animal health and bioscience company.

In May 2021, CHR Hansen unveiled "Bovacillus," a pioneering probiotic product engineered for feed applications, specifically designed to enhance the health and performance of dairy and beef cattle. Bovacillus is an exceptionally versatile probiotic, meticulously crafted from two distinct strains of Bacilli: Bacillus licheniformis and Bacillus subtilis, both sourced from nature. This probiotic boasts a remarkable resilience, capable of withstanding the rigors of feed production, preparation, and the challenges presented within the gastrointestinal tract. Its applications are manifold, spanning remixes, mineral mixtures, mash feed, milk replacers, and various other forms, contributing to the overall advancement of animal intestinal health practices. These innovations are emblematic of the ongoing commitment to excellence and progress within the animal intestinal health market, ultimately benefiting both industry professionals and the animals under their care.

The animal intestinal health market is segmented:
1) By Product: Phytogenics, Probiotics, Immunostimulants, Prebiotics
2) By Source: Microbial, Plant-Based
3) By Form: Dry, Liquid
4) By Livestock: Poultry, Swine, Ruminant, Aquaculture"

Asia-Pacific was the largest region in the animal intestinal health market in 2022.

The table of contents in TBRC’s animal intestinal health market report includes:
1. Executive Summary
2. Animal Intestinal Health Market Characteristics
3. Animal Intestinal Health Market Trends And Strategies
4. Animal Intestinal Health Market - Macro Economic Scenario
5. Animal Intestinal Health Market Size And Growth

.....

26. Africa Animal Intestinal Health Market
27. Animal Intestinal Health Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Intestinal Health Market
29. Animal Intestinal Health Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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