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Market Leaders - Probiotics in Animal Feed Market
Key players identified in the probiotics in animal feed market include 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.) also have a strong presence in the global probiotics in animal feed market.
The key market players have adopted strategies such as investments, acquisitions, new product developments, expansions, joint ventures, partnerships, and agreements to meet the changing feed demand. The leading players are aiming on strengthening their R&D capabilities by investing in innovative technologies to offer differentiated product portfolios for different feed applications.
Cargill, Inc. (U.S.) is a prominent player in the probiotics in animal feed market. The company adopted a wide array of strategies to strengthen its global presence. It strongly focuses on its R&D functions to increase its revenues. The company engaged itself in organic growth strategies such as investments and new product developments. For instance, in September 2015, it introduced PROMOTE Biacid nucleus in China and India. This product was to improve the gut health and performance of chickens and offer an attractive return on investment for poultry producers. Furthermore, the company also focused on growth by adopting inorganic strategies such as expansions. Through this, the company strengthened its leadership position in the market and expanded its manufacturing facilities in the existing and developing markets. For instance, in May 2016, the company setup its new animal nutrition plant in Vietnam by investing USD 8.5 million, it would help in improving the performance of operations across Vietnamís supply chain.
E.I. DuPont De Nemours and company (U.S.) is one of the leaders in the global probiotics in animal feed market. The companyís diversified product lines and dedicated R&D initiatives have enabled it to strengthen the product portfolio and garner a larger share in the market. It is entirely focused on global and product portfolio expansion. The company expanded its global network by collaborating with regional market players to obtain market intelligence. For instance, in April 2015, E.I. DuPont De Nemours and Company (U.S.) acquired Taxon Biosciences Inc. (U.S.), this acquisition helped the company to build its own in-house capabilities and unparalleled market access to human and animal nutrition.
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
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