ARTICLE 82 FEED & ADDITIVE MAGAZINE May 2024 Animal Health is of utmost significance for coexistence of human and animal ecosystem, the fact being evident from “One Health concept” being widely accepted and practiced across geographies. Lot of work and new initiatives are undertaken at various levels to ensure food security for increasing world population i.e., adequate levels of safe and sustainably produced proteins. Animal health markets hold a promising opportunity globally, however recent developments have led to the changing needs and expectations, if addressed can help the producers meet the feeding demands of world sustainably. Global animal health is classified on the basis of animal type, into two major segments i.e., livestock (poultry, swine, cattle, fish) and companion animals (dogs, cats, horses) with a market share of 48% and 52% respectively. India animal health market is divided into four segments basis species, which include livestock (ruminants), poultry, companion (dogs and cats) and aqua representing 52%, 39%, 7% and 2% market share, respectively. Global challenges like outbreaks especially ASF in swine, FMD and Brucellosis in ruminants, Avian Flu in poultry has made it tough for these markets to maintain growth over last couple of years, on the contrary companion animal segment has been resilient and growing at over 7% CAGR annually, with a few countries growing at double digit, including India. GLOBAL ANIMAL HEALTH TRENDS • “Artificial Intelligence” has caused disruption in each sphere and animal health sector is not an exclusion too, e.g., use of AI /smart farming like technology enabled collars/sensors among livestock for monitoring critical data like movements, sitting vs standing time, etc. for optimizing production and performance. • Technological advancement integration of AI based and IOT sensors is helping to take informed advanced decisions leading to reduced disease incidences among animals. • Precision nutrition is gaining grounds where optimum nutrients are supplied as per the specific needs of the animal for improved production and minimal impact on the environment. • Production animals are expected to reach their best genetic potential, which can be achieved by improved nutritional efficiency, that in turn leads to increased productivity and sustained production. • Beef on dairy as a concept is gaining acceptance, as it can provide higher quality beef products without impacting current milk efficiencies, and greater feed efficiencies leading to reduced carbon emissions. GLOBAL AND INDIA ANIMAL HEALTH - A PERSPECTIVE Dr. Ritesh Sood Veterinarian AGM - Natural Remedies Private Limited
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