HOME Press Releases Probiotics in Animal Feed Market worth 4.71 Billion USD by 2021



Probiotics in Animal Feed Market worth 4.71 Billion USD by 2021


The report "Probiotics in Animal Feed Market by Bacteria (Lactobacilli, Streptococcus Thermophiles, and Bifidobacteria), Livestock (Cattle, Poultry, Swine, and Aquaculture), Form (Dry and Liquid), Function (Yield, Immunity, and Productivity), and by Region - Global Forecast to 2021", The global probiotics in animal feed market is projected to reach USD 4.71 Billion by 2021 in terms of value, at a CAGR of 7.7% from 2016 to 2021. The demand for probiotics used in feed for animal health and nutrition has been contributing to the growth in the market. Rapidly increasing demand for quality animal products is anticipated to drive the market of probiotics in animal feed during the projection period.

          Request Sample          Request Sample

Browse 97 market data Tables and 53 Figures spread through 161 Pages and in-depth TOC on "Probiotics in Animal Feed Market by Bacteria (Lactobacilli, Streptococcus Thermophiles, and Bifidobacteria), Livestock (Cattle, Poultry, Swine, and Aquaculture), Form (Dry and Liquid), Function (Yield, Immunity, and Productivity), and by Region - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/probiotics-animal-feed-market-85832335.html
Early buyers will receive 10% customization on reports.

“Lactobacilli bacteria segment captured the largest market share in 2015”

The Lactobacilli bacteria segment accounted for the largest share and was followed by the Bifidobacteria segment in 2015. The growth of Lactobacilli segment was mainly due to its wide availability and wide range of applications in animal health and nutrition. All applications considered for the probiotics in animal feed products are those that are commercially available and traded. In the same year, Asia-Pacific accounted for the largest share in the bacteria segment. Europe contributed the second-largest share.

“Cattle segment captured the largest market share in 2015”

The growth of probiotics in animal feed market is directly linked to the increasing demand for quality animal products. Probiotics-based feed additives play a critical role inproviding balanced nutrition to livestocks, as well as improving feed digestibility, so as to reduce the overall feed requirements, thus saving costs. Asia-Pacific was the largest market for probiotics in animal feed and accounted for the maximum share in 2015.

“Significant growth for probiotics in animal feed observed in the Asia-Pacific region”

Probiotics have tremendous market opportunities in the animal feed industry around the world. The Asia-Pacific animal feed sector is significantly influenced by the preference for natural and nutritional food for animals. The demand for probiotics-based products in animal feed is continuously increasing in the Asia-Pacific region. Increasing awareness about the health benefits derived from probiotics is also the prime factor driving the demand for probiotics-based animal feed in this region.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Lallemand, Inc. (Canada), Koninklijke DSM N.V. (Netherlands), Cargill, Inc. (U.S.), Chr. Hansen Holding A/S (Denmark), and E.I. du Pont de Nemours and Company (U.S.). Other players in this segment include Lesaffre Group (France), Novozymes (Denmark), Advanced BioNutrition Corporation (U.S.), Calpis Co., Ltd. (Japan), and Nebraska Cultures Inc. (U.S.)

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports