Animal Feed Probiotics Market

Animal Feed Probiotics Market

Animal Feed Probiotics Market

Chemical & Industrial Material

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Reports and Insights

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August 2022

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Animal Feed Probiotics Market Overview

The report is titled as ‘Animal Feed Probiotics Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Animal Feed Probiotics market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

Animal Feed Probiotics Overview

In the past few decades, the utilization of probiotics in the feed of farm animals such as poultry, pigs, aquaculture feeds, ruminants, and pet feeds has boosted at a notable pace. As per the estimation, the use of probiotics in the animal feed is projected to rise over the forecast period for several reasons including safeguarding animal health, rendering growth, accelerating productivity and immunity, and enhancing the quality of animal products. Probiotics can be understood as live microorganisms which are likely to bestow a health benefit for the host when directed in regular and appropriate volumes. When consumed once, the probiotic microorganisms have the capability to regulate the activities and balance of the gastrointestinal microbiota, which holds a primary role for gut homeostasis.

In addition to that, the non-nutritional elements such as processing of feed ingredients, hygiene, animal health, ambient temperature, and genetic makeup have an influence on animal functioning. The poultry industry has made enormous progress in its production system over the past 50 years by means of enhancements in proper management, genetic makeup, and improvements in nutritional science. Thus, the rapid growth of animal products consumption as well as increased awareness all across the world regarding the health benefits of probiotics and feed additives over the past couple of decades is primarily projected to drive the growth of the global animal feed probiotics market in the forthcoming years.

Animal Feed Probiotics Market Segmentation

The animal feed probiotics market is segmented on the basis of source, form, livestock, function, distribution channel, and region.

By Source

Bacteria

Lactobacilli

Streptococcus thermophilus

Bifidobacteria

Yeast and fungi

Saccharomyces cerevisiae

Saccharomyces boulardii

Other sources

By Livestock

Ruminants

Poultry

Swine

Aquaculture

Pets

Other livestock

By Form

Dry

Liquid

By Function

Nutrition

Gut Health

Yield

Immunity

Productivity

By Distribution Channel

Modern Trade

Online Retailers

Specialty Stores

Convenience Stores

Direct Sales

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Animal Feed Probiotics Market Key Players

Some of the key participating players in Animal Feed Probiotics market are:

Kerry Inc

NOVUS INTERNATIONAL

Provita Eurotech

Du Chr. Hansen

Koninklijke DSM N.V.

DuPont

AMSPRO BIOTECH PVT. LTD

Evonik Industries

Land O'Lakes

Mitsui & Co., Ltd.

Ohly

Lesaffre

Alltech

Novozymes

Calpis Co., Ltd.

Unique Biotech

Pure Cultures

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Animal Feed Probiotics Adoption Rate, by Livestock

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Advantages of Animal Feed Probiotics

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.

Frequently Asked Question

What is the projected market size & Compound Annual Growth Rate (CAGR) of the animal feed probiotics market?

The animal feed probiotics market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.

Which base year is used in the animal feed probiotics market report?

The base year for the report is 2021 in animal feed probiotics market.

What segments are covered in animal feed probiotics market report?

The animal feed probiotics market is segmented on the basis of source, form, livestock, function, distribution channel, and region.

What are the key participating players in the animal feed probiotics market?

Some of the key participating players in Animal Feed Probiotics market are: Kerry Inc, NOVUS INTERNATIONAL, Provita Eurotech, Du Chr. Hansen, Koninklijke DSM N.V., DuPont, AMSPRO BIOTECH PVT. LTD, Evonik Industries, Land O'Lakes, Mitsui & Co., Ltd., Ohly, Lesaffre, Alltech, Novozymes, Calpis Co., Ltd., Unique Biotech, Pure Cultures.