The animation depicts the transverse folding of the embryo and the separation of the intraembryonic coelom from the extra embryonic coelom in the formation of the body cavities.
In this animation note how the lateral plate mesoderm splits to create the intraembryonic coelom which initially is in communication with the extraembryonic coelom. The embryo folds in on itself in the transverse plane and the intraembryonic coelom is ultimately incorporated into the embryo.
Note that the gut tube is suspended from the posterior body wall by a sheet of mesoderm which will become the dorsal mesentery. Observe that there is a ventral mesentery initially, but it disappears from all but the foregut region of the gut tube.
The body itself assumes a tubular shape and within we see cross sections of the gut tube, the neural tube and the heart tube, all of which will undergo folding as the proceed through development. Even the coelomic cavity is a tubular space extending through the length of the embryo, eventually to be separated into thoracic and abdominopelvic cavities.