Animal Intestinal Health Market Trends
Increased production of meat and eggs, disposable income, and the pace of urbanization
One of the main drivers of the growth of the global animal intestinal health market is the increase in the production of meat and eggs. The growing disposable income in developing nations is driving up demand for meat and egg products. Products made from meat and eggs are high in proteins, calcium, vitamin B12, iron, and other nutrients that support healthy bones, muscles, brain function, and other bodily processes. Over the past few decades, the amount of meat consumed in developing countries has increased threefold. Because of the rise in personal demand, the production of meat is expanding quickly. Hence, maintaining animal intestinal health has become more important due to disposable income and the abundance of vital nutrients found in meat and egg products. In addition, one of the factors propelling the animal intestinal health market is the growing urban population. The two main determinants of meat consumption are per capita income and the rate of urbanization. An increase in per capita meat consumption was the result of increased urbanization. Approximately 54% of the world's population lived in urban areas in 2014, according to UN data, and this percentage is expected to rise during the forecast period. Nonetheless, the need for animal intestinal health is increased by the rise in the production of meat and eggs, disposable income, and urban population.
An increase in dairy goods
Growing demand for dairy products is now the main driver of the market for animal intestinal health. Calcium is essential for daily living and can be found in milk. Due to their vital nutrients, dairy products such as paneer, cheese, butter, yoghurt, and ice cream are highly sought after by consumers. Because milk and processed dairy products contain a high quantity of proteins and calcium, they help people stay strong and healthy and promote immune system function, brain development, energy release, and reduced fatigue. Nonetheless, the demand for dairy products has increased animal health maintenance, which has boosted the market for animal intestinal health. For example, the chairman of the NDDB (National Dairy Development Board) stated in 2022 that it is anticipated that milk procurement by farmer-owned milk producer companies will increase by almost three times to Rs. 18,000 Cr over the next five years.