The Insight Partners published latest research study on”Laboratory Animal Diet Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Diet Type, Animal, Application, End User, and Geography,” the market was valued at US$ 3,797.50 million in 2021 and is expected to reach US$ 5,469.24 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2022 to 2028. The growing consumption of personalized medicines and the rising usage of mice models in virology & infectious diseases drive the growth of the market.
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Envigo; Altromin Spezialfutter GmbH & Co. KG; LabDiet; SAFE; Dyets, Inc.; Special Diet Services; Specialty Feeds; Research Diet Inc.; Bio-Serv; and Krishna Valley Agrotech LLP. are among the key companies operating in the laboratory animal diet market.
Browse key market insights spread across 197 pages with 110 list of tables & 83 list of figures from the report,” Laboratory Animal Diet Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Diet Type (Standard Diet, Irradiated Diet, and Autoclavable Diet), Animal (Mouse, Cat, Dog, Rabbit, Chicken, and Others), Application (Drug Discovery & Personalized Medicine, Regenerative Medicine, Pathology of Infectious Diseases, Drug Toxicity & Efficacy Testing, and Others), End User (Pharmaceutical & Biopharmaceutical Companies, Research & Academic Institutes, and Others), and Geography in detail along with the table of contents: https://www.theinsightpartners.com/reports/laboratory-animal-diets-market
The COVID-19 outbreak significantly increased the demand for mice models for the research & development of vaccines and antiviral drugs. A large number of animal models were required to verify the safety and efficacy of new entities before conducting human trials. The market demand for COVID-19 mouse models was on a rise during the pandemic, especially for humanized ACE2 (hACE2) mice, which express human ACE2 in the airway and other epithelia and develop a lethal SARS-CoV infection. However, the supply was limited, as mice model providers do not have handy populations to meet rising demand. Additionally, due to the pandemic, many research institutions were bound to shut down and were unable to operate normally, which hindered the laboratory animal diet market. Considering the situation as described above, in the short term, the pandemic has negatively impacted the market due to import and export restrictions.
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Based on animal, the laboratory animal diet market is segmented into mouse, cat, dog, rabbit, chicken, and others. The mouse segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR during the forecast period. The Science Buddies 2022 report states that mice are often used as experimental animals. Scientists can study specific genes of interest through mice. According to THE JACKSON LABORATORY 2022 report, mouse nutrition is a complex and multifaceted topic, particularly in preclinical research. Diet benefits the overall health and welfare of mice. It also helps in their development and changes their microbes, significantly impacting research reproducibility and outcomes.
Based on diet type, the laboratory animal diet market is segmented into standard diet, irradiated diet, and autoclavable diet. The standard diet segment held the largest share of the market in 2021. The standard diet is formulated to meet broad objectives at all life stages involved in feeding laboratory animals i.e., the nutrients that are in general needed for lab animals are already present in the standard diet. For example, the LabDiet canine diet meets the nutritional requirements of all canine species utilized in a laboratory and supports all life stages, such as growth, maintenance, gestation, and lactation. On the other hand, the market for the irradiated diet segment is expected to witness the highest growth during the forecast period.
The use of animals in research is essential for all pharmaceutical companies in discovering new pharmaceutical products. To protect humans, new products are tested on live animals before human trials. Novo Nordisk performs approx. 80% of the company’s animal studies at its research facilities. The 20% are performed by external contractors that comply with Novo Nordisk’s principles and ETS No. 123 Appendix A. Also, companies must offer appropriate data regarding animal efficacy, safety, and toxicology before authorities approve a new product.
Laboratory Animal Diet Market: Competitive Landscape and Key Developments
- In June 2022, SDS Diets merged into Competence Center for Lab Animal Science of SAFE. SDS Diets, former part of the family-owned UK company Dietex, is one of the largest suppliers of laboratory animal diets in Europe and the only dedicated manufacturer in the UK.
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