"Yield Higher Revenue with our Exclusive Insights "
The global probiotics in animal feed market size was valued at USD 3.56 billion in 2018 and projected to reach USD 6.24 billion by the end of 2026, exhibiting a CAGR of 7.30% in the forecast period.
The major fueling factor for the global market is a rise in awareness of cattle and pet owners regarding the beneficial effects of probiotics on livestock’s overall performance. The stringent regulatory approach over synthetic feed additives that are known to have detrimental health impacts both on humans as well as animals has brought probiotics to the center stage of the animal feed sector, augmenting the market growth.
The robust growth in the consumption of animal-derived products and its promising future growth trajectory has also brought clean-label requirements on the forefront – cattle owners and producers are now inclined to opt for natural offerings that improve their animal productivity. Such developments are resonating favorably with the sustainable growth of probiotics in the animal feed market.
Request a Free sample to learn more about this report.
"Bacterial Species Remain Commonly Employed Microbes in Animal Feed Probiotics"
The bacterial genus viz. Lactobacillus and Bifidobacterium are widely utilized in the majority of probiotics in animal feed sold globally. Bacterial strains have proved to be sustainable and viable alternatives to antibiotic growth promoters. Nonetheless, the use of yeast and other fungi has gained traction - Saccharomyces cerevisiae, for instance, supports the adequate buildup of protein in the animals, they have also exhibited immunostimulatory activity in farm animals apart from improving the digestive physiology.
The rising use of yeast and fungi in animal feed probiotics is projected to positively impact the probiotics in animal feed market share through the forecast years. Ruminants feed is one of the leading application areas for yeast-based probiotics.
To know how our report can help streamline your business, Speak to Analyst
"Poultry - Leading Application Segment for Probiotics and Swine and Ruminant Segments Are Expected to Witness Stronger Growth in this Market"
The poultry sector remains one of the lucrative application areas for probiotics in the animal feed industry owing to favorable demand dynamics and equally robust production scenarios. Nonetheless, poultry flock are commonly exposed to pathogens such as Salmonella enterica, Escherichia coli, and Campylobacter jejuni owing to improper hygiene and sanitation management.
The growing concerns towards antibiotic resistance have nudge producers to use natural options – the lactic acid bacteria (LAB) remains one of the most utilized strains in the poultry feed, impacting the probiotics in animal feed market size. Swine and ruminant sectors have also witnessed increased utilization of probiotics in animal feed containing strains of Bifidobacterium, Enterococcus, Lactobacillus, Bacillus, Pediococcus, and Streptococcus.
"Asia Pacific is Leading Region in the Probiotics Space, Robust Growth is Anticipated from Markets of Latin America and Africa"
The developing markets such as the Asia Pacific and the Middle East and Africa are majorly propelled by the strong reliance on animal-based food products in the dietary patterns. There has been an ever-growing pressure on the livestock to increase the yield with limited inputs.
The utilization of probiotics in animal feed has not only improved the overall performance of animals but also protects them from enteric pathogens and obnoxious substances. The key companies in probiotics in the animal feed industry are tapping these developing markets by offering sustainable and antibiotic-free animal nutrition products, moreover, poultry remains a versatile, nutritious, affordable, and high-quality source of protein for human consumption in these regions, thus probiotics in animal feed is set for exponential growth in such markets.
Asia Pacific Probiotics in Animal Feed Market, 2018
To get more information on the regional analysis of this market, Request a Free sample
The probiotics in the animal feed market in North America and Europe are the two dominating regions. These account for the major share in the consumption of probiotics in animal feed. Ban on antibiotics and technological improvements in the use of animal feed to enhance the performance of livestock animals have supported the market growth.
"Competitive and Consolidated Market Structure Dominated by Key Multinational Firms."
The global market for probiotics in animal feed has a moderately consolidated structure with the strong presence of globally-established players such as Chr. Hansen, Danisco A/S, Koninklijke DSM N.V., Lallemand Inc., and Calpis Co. Ltd. These players are innovating their offerings, strengthening their R&D framework, and approaching the emerging markets, which in turn, is likely to foster the probiotics in animal feed market revenue by 2026 For instance, In April 2019, Chr. Hansen launched GALLIPRO FIT – a triple strain probiotic solution for poultry in South Africa to effectively support the digestive performance and a healthy normal immune system in broilers, layers, and turkeys. Other companies are also planning to adopt new strategies in order to expand their product portfolio in the market.
An Infographic Representation of Probiotics in Animal Feed Market
To get information on various segments, share your queries with us
the probiotics in animal feed market report analyze the demand and sales of a wide variety of probiotics. Probiotics have been effectively utilized for human consumption owing to their numerous health benefits. The animal feed sector has also embraced probiotics for their high functionality, superior nutritional profiles, and their positive effects on animals gut microflora. Recent advancements in the field of molecular biology have opened up new avenues for the innovative application of probiotics that now extends to companion pets. Spurred by these advancements, the market is anticipated to flourish during the forecast period.
The report provides qualitative and quantitative insights on the probiotics in the animal feed industry and a detailed analysis of market size & growth rate for all possible segments in the market. The market is segmented by microbial genus and application. On the basis of the microbial genus, the market is categorized into Lactobacillus, Bifidobacterium, and Yeast, and other microbes.
The application areas include ruminant, poultry, swine, aquaculture, and others. Geographically, the market is segmented into five major regions, which are North America, Europe, Asia Pacific, South America, and Middle East & Africa. The regions are further categorized into countries.
Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are the overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, and key industry trends.
By Microbial Genus
Fortune Business Insights says that the market was valued at USD 3.56 Billion in 2018 and is projected to reach USD 6.24 Billion by 2026.
In 2018, the market was valued at USD 3.56 Billion and Asia Pacific market is dominating the global market.
The probiotics in is projected to grow at a CAGR of 7.30% during the forecast period (2019-2026).
The Lactobacillus is expected to hold the largest share among the by microbial genus segment of this market.
The increased reliance on animal-based food products in the dietary patterns of consumers and growing agricultural industry are some of the key factors driving the market.
Danisco A/S, Lallemand Inc., Calpis Co., Koninklijke DSM N.V., Hansen A/S, and Provita Eurotech Ltd. are the key active players in the probiotics in animal feed market.
Asia Pacific is expected to hold the highest market share the market.
The nutritional offerings and benefits of probiotics to animal feed sectors such as high functionality, superior nutritional profiles, and their positive effects on animal’s gut microflora are the factors that are expected to drive the adoption in the market.
Lactobacillus remain preferred sub-segment for the incorporation of probiotics in animal feed. Poultry sector is one of the lucrative application areas for probiotics in animal feed industry.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry