Global Animal Microbiome Market: - Market Size, Share, Competition, Industry Trends and Opportunity Analysis and Forecast to 2028
- OI-232 |
- Published date: Jan, 2021 |
- Animal Health |
- Pages
•Animal microbiomes are referred as the communities of microorganisms such as viruses, bacteria, and fungi that symbiotically live around, on, and in animals which contribute to animal well being and health. Microbiomes in the animals are key to maintaining healthy function of its diverse ecosystems.
•The global animal microbiome market was valued at US$ XXXX.XX Mn in 2019 and anticipated to grow at a healthy CAGR of XX.X % to reach more than US$ XXXX.XX Mn by 2028.
The Global Animal Microbiome Market is driven by rising global Poultry and Livestock population. Rapid increase in research and development in animal microbiome industry along with rising awareness about antibiotic free animal derived products for animal health and wellbeing has been seen in recent years has further created significant market opportunities in upcoming years.
•With increased pressures on food security and the need to find antibiotic replacements, the animal microbiome has opened a new corridor for product development to confer health benefits to the host. However, there a still a number of unknowns that need to be addressed in order to translate this emerging science into an efficacious and cost-effective option for consumers worldwide.
•Demand for probiotics in animal feed is being met by a few companies, such as the multinational Alltech, whose Bio-Mos product, which derives from a specific yeast strain, helps increase milk yields in dairy cattle and overall animal performance. In 2012, Biomar (UK) launched the first fish feed range (LARVIVA) containing probiotics for all aquaculture species to protect fish larvae and small fry against developing deformities. All LARVIVA diets contain Bactocell®, a probiotic approved by the EFSA that offers high growth, healthy and stable rotifer cultures
•Creating safe, effective & affordable microbiome-targeted products is the key challenge for the companies to ensure the better long-term animal health
•Animal microbiomes are referred as the communities of microorganisms such as viruses, bacteria, and fungi that symbiotically live around, on, and in animals which contribute to animal well being and health. Microbiomes in the animals are key to maintaining healthy function of its diverse ecosystems.
•The global animal microbiome market was valued at US$ XXXX.XX Mn in 2019 and anticipated to grow at a healthy CAGR of XX.X % to reach more than US$ XXXX.XX Mn by 2028.
The Global Animal Microbiome Market is driven by rising global Poultry and Livestock population. Rapid increase in research and development in animal microbiome industry along with rising awareness about antibiotic free animal derived products for animal health and wellbeing has been seen in recent years has further created significant market opportunities in upcoming years.
•With increased pressures on food security and the need to find antibiotic replacements, the animal microbiome has opened a new corridor for product development to confer health benefits to the host. However, there a still a number of unknowns that need to be addressed in order to translate this emerging science into an efficacious and cost-effective option for consumers worldwide.
•Demand for probiotics in animal feed is being met by a few companies, such as the multinational Alltech, whose Bio-Mos product, which derives from a specific yeast strain, helps increase milk yields in dairy cattle and overall animal performance. In 2012, Biomar (UK) launched the first fish feed range (LARVIVA) containing probiotics for all aquaculture species to protect fish larvae and small fry against developing deformities. All LARVIVA diets contain Bactocell®, a probiotic approved by the EFSA that offers high growth, healthy and stable rotifer cultures
•Creating safe, effective & affordable microbiome-targeted products is the key challenge for the companies to ensure the better long-term animal health
