Probiotics in Animal Feed Market

Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria, Yeast), Form (Dry, Liquid), and Region (North America, Europe, Asia Pacific, South America, & Rest of World) - Global Forecast to 2026

Report Code: AGI 3616 Aug, 2021, by marketsandmarkets.com

[272 Pages Report] The global probiotics in animal feed market was valued at USD 4.4 billion in 2020. It is estimated to reach about USD 4.8 billion in 2021 and is projected to grow at a CAGR of 8.8%, to reach USD 7.3 billion by 2026. The demand for probiotics in animal feed in fortified foods is projected to remain high due to the increasing awareness about their benefits, and willingness of consumers to purchase premium products incorporated with probiotics in animal feed. The use of probiotics in animal feed has shown positive effects on overall animal health. The market for poultry has been increasing gradually over the past decade with the growing demand for egg and poultry meat across the globe.

Probiotics in Animal Feed Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Analysis

During the pandemic, the market for probiotics in animal feeds has faced few challenges during transportation and distribution as a result of the lockdown in various countries. However, considering the growing demand from farmers, the government regulations in most of the countries were introduced pertaining to the industry, which has led to an increase in growth opportunities in the dry form of probiotics in animal feed segment. However, after the lockdowns are removed in various countries and the pandemic situation has eased a bit, distribution facilities of advanced probiotics in animal feeds are likely to witness an increase in use in various livestock species such as poultry, swine, aquaculture, pets and other livestock species.

Market Dynamics

Drivers: Increase in the production of compound feed

With the rise in demand for meat and meat products and the increase in the importance of protein-rich diets among consumers across the globe, the demand for compound feed s is growing in the Asia Pacific, North American, and European countries. The Food and Agriculture Organization (FAO) estimates that by 2050, the demand for food products would grow by 60%, and that of animal protein would grow by 1.7% per year. The major feed producing countries in the world include China, the US, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat has been growing in these countries, which has also contributed to the growth of the market.

Restraints: International quality standards and regulations for probiotics in animal feed products

International bodies such as the US Food and Drug Administration (FDA), US Center of Veterinary Medicine (CVM), World Health Organization (WHO), European Commission (EC), European Food Safety Authority (EFSA), Australian Pesticides and Veterinary Medicines Authority (APVMA), Natural Health Product Directorate (NHPD), and the National Health Surveillance Agency (ANVISA) regulate the usage of various additives in feed products and issue stringent regulations for probiotic manufacturers. These organizations control the usage of different chemicals and ingredients used in feed processing.

Opportunities: Innovations and technological advancements in the feed industry

Innovations have been a key focus area in the feed industry, particularly for additives, wherein regulatory bodies, such as the European Food Safety Authority (EFSA) and Food and Drug Administration (FDA), are constantly engaged in research and identification of sustainable feed additives. To meet the growing demand, feed manufacturers are offering the best ingredients and technologies to develop innovative additive combinations. Based on the insights received from the field studies, ~70% of feed manufacturers have begun combining different feed additives to benefit from the combined results. This increased dependence on innovations in the additives industry has also led to an increase in the number of on-farm testing sessions conducted.

Challenges: High R&D costs for developing new probiotic strains

Substantial investments in R&D activities and investments in laboratories, research equipment, and the high cost of hiring trained professionals create barriers for the development of the market for probiotics in animal feed. The scientific validation regarding the usage of probiotics in their applications becomes a success to this market. Probiotic applications are linked with health benefits, which makes it challenging for manufacturers to get an adequate return on high initial investments. Key companies such as Chr. Hansen (Denmark) and DowDuPont (US) have focused their strategies on building a strong R&D base to gain a competitive advantage, which has created a barrier for other players in the market for probiotics in animal feed.

Market Ecosystem

Probiotics in Animal Feed Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Poultry segment is projected to be the largest segment in the probiotics in animal feed market during the forecast period.

Due to its low-fat content as compared to beef and veal, the consumption of poultry meat has increased over the years. The US Food and Drug Administration (USFDA) banned the usage of antibiotics as feed supplements to help livestock and poultry grow faster. Therefore, prominent players are more focused on providing high-quality probiotics in animal feed for livestock such as poultry.

The dry form in animal feed segment is projected to account for the fastest growth during the forecast period.

The dry form of probiotics is preferred in animal feed as it is easy to transport, enhances shelf-life, and has low-moisture content when compared to liquid form, which would further make it unsuitable for consumption. Apart from this, dry probiotics are expected to create a lucrative opportunity for manufacturers in the coming years, especially from North America.

Probiotics in Animal Feed Market Size, and Share

Asia Pacific region is projected to account for the largest market size during the forecast period

Developing countries, particularly in the Asia Pacific region, offer high-growth opportunities in the probiotics in animal feed market due to the rise in awareness among consumers to supplement consumption and a high occurrence of various diseases. Related companies are projected to engage in forwarding or backward integration to tap the market opportunities. The production of poultry and cattle meat products is projected to be the highest in countries such as China, and India, which is driving the market for probiotics in animal feed in this region.

Key Market Players

Key players identified in this market include Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DuPont (US), Evonik Industries (Germany), Land O'Lakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (US). Key players in this market are focusing on increasing their presence through mergers & acquisitions and new product developments, specific to livestock in these regions. These companies have a strong presence in Europe and the Asia Pacific. They also have manufacturing facilities along with strong distribution networks across these regions.

Scope of the report

Report Metric

Details

Market size estimation

2016–2026

Base year considered

2020

Forecast period considered

2021–2026

Units considered

Value (USD)

Segments covered

Source, Livestock, Form, and Region

Regions covered

North America, Asia Pacific, Europe, South America and RoW

Companies studied

Du Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DuPont (US), Evonik Industries (Germany), Land O'Lakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (US).

This research report categorizes the probiotics in animal feed market, based on source, livestock, Form, and Region

Report Scope:

Source

  • Bacteria
    • Lactobacilli
    • Streptococcus thermophilus
    • Bifidobacteria
  • Yeast and fungi
    • Saccharomyces cerevisiae
    • Saccharomyces boulardii
    • Other sources

Livestock:

  • Ruminants
  • Poultry
  • Swine
  • Aquaculture
  • Pets
  • Other livestock

Form:

  • Dry
  • Liquid

On the basis of region the probiotics in animal feed market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of World (RoW)

Recent Developments

  • In May 2021, Evonik Industries develops system solutions for the gut health of poultry & swine, which includes a tailored combination of its feeding concepts, amino acids, probiotics, services, and consulting.
  • In September 2020, ADM Animal Nutrition launched Forage First GS for its high-quality nutritional support for gastrointestinal health. Its unique blend of ingredients supports a healthy gastric pH while protecting and strengthening the stomach lining for the equine.
  • In September 2020, DuPont Animal Nutrition entered into a partnership agreement with Proteon Pharmaceuticals (Poland) to implement the emerging bacteriophage technology in poultry production in selected countries, thereby strengthening DuPont’s gut health solutions for poultry and further mitigating Antimicrobial Resistance (AMR) in the country.
  • In July 2020, Chr. Hansen successfully completed the acquisition of UAS Labs, which would strengthen its microbial platform and probiotics production business by moving into the highly attractive space of multi-specie and high-potency blends, and broadening its product offerings and customer base.
  • In April 2020, DSM Animal Nutrition collaborated with North Carolina State University (NC State, US) by signing a 10-year long research partnership agreement with the US university. This agreement focuses on three research areas: animal gut health, precision nutrition, and data-driven decision-making for animal health.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 26)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 PROBIOTICS IN ANIMAL FEED: MARKET SEGMENTATION
           1.3.1 REGIONAL SEGMENTATION
    1.4 INCLUSIONS & EXCLUSIONS
           1.4.1 PERIODIZATION CONSIDERED
    1.5 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATE, 2015–2019
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 RESEARCH DATA
           FIGURE 2 PROBIOTICS IN ANIMAL FEED MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 5 DATA TRIANGULATION METHODOLOGY
           2.3.1 PROBIOTICS IN ANIMAL FEED MARKET SIZE ESTIMATION – SUPPLY-SIDE
           2.3.2 DEMAND SIDE
    2.4 RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
    2.7 SCENARIO-BASED MODELING
    2.8 COVID-19 HEALTH ASSESSMENT
           FIGURE 6 COVID-19: GLOBAL PROPAGATION
           FIGURE 7 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.9 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 8 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
    2.10 COVID-19 ECONOMIC IMPACT ASSESSMENT: SCENARIO ASSESSMENT
           FIGURE 9 CRITERIA IMPACTING GLOBAL ECONOMY
           FIGURE 10 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 47)
    FIGURE 11 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021 VS. 2026 (USD MILLION)
    FIGURE 12 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021 VS. 2026 (USD MILLION)
    FIGURE 13 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021 VS. 2026 (USD MILLION)
    FIGURE 14 ASIA PACIFIC TO BE THE FASTEST-GROWING REGION IN THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD
    FIGURE 15 IMPACT OF COVID-19 ON THE PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SCENARIO, 2021 VS. 2026 (USD MILLION)

4 PREMIUM INSIGHTS (Page No. - 52)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE PROBIOTICS IN ANIMAL FEED MARKET
           FIGURE 16 PROBIOTICS IN ANIMAL FEED: AN EMERGING MARKET WITH PROMISING GROWTH POTENTIAL
    4.2 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021 VS. 2026 (USD MILLION)
           FIGURE 17 ASIA PACIFIC TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    4.3 PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE, 2021 VS. 2026 (USD MILLION)
           FIGURE 18 THE BACTERIA SEGMENT TO HOLD A LARGER MARKET SHARE DURING THE FORECAST PERIOD
    4.4 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK AND COUNTRY, 2020
           FIGURE 19 THE POULTRY SEGMENT AND CHINA TO ACCOUNT FOR THE LARGEST SHARES IN THE PROBIOTICS IN ANIMAL FEED MARKET IN 2020
    4.5 PROJECTED GROWTH RATES OF THE COUNTRIES IN THE GLOBAL PROBIOTICS IN ANIMAL FEED MARKET BETWEEN 2021 AND 2026
           FIGURE 20 CHINA, INDIA, AND BRAZIL TO GROW AT THE HIGHEST GROWTH RATES DURING THE FORECAST PERIOD
    4.6 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET
           FIGURE 21 PRE AND POST-COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD (USD BILLION)

5 MARKET OVERVIEW (Page No. - 57)
    5.1 INTRODUCTION
    5.2 MACROECONOMIC INDICATORS
           5.2.1 INCREASE IN LIVESTOCK PRODUCTION
           5.2.2 GROWING MEAT CONSUMPTION ACROSS THE GLOBE
                    FIGURE 22 MEAT PRODUCTION AND CONSUMPTION AT A GLOBAL SCALE, 2019 (THOUSAND TON)
    5.3 MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Increase in the production of compound feed
                               FIGURE 23 COMPOUND FEED PRODUCTION, 2012–2019 (MILLION METRIC TON)
                               FIGURE 24 COMPOUND FEED PRODUCTION, BY COUNTRY, 2016-2018 (MILLION METRIC TON)
                    5.3.1.2 Increase in demand for animal protein among consumers
                    TABLE 2 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS
                    5.3.1.3 Increase in incidences of intestinal disorders among livestock species
                    5.3.1.4 Growth in the consumption of animal-based products
                               FIGURE 25 GLOBAL MEAT CONSUMPTION ESTIMATES, 2015–2024 (KT CWE)
                               FIGURE 26 GLOBAL MILK PRODUCTION, 2016 (MT)
                    5.3.1.5 Shift of livestock industry from being an unorganized sector to an organized one
                    5.3.1.6 Increase in focus on animal health to prevent disease outbreaks
           5.3.2 RESTRAINTS
                    5.3.2.1 International quality standards and regulations for probiotics in animal feed products
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Innovations and technological advancements in the feed industry
                    5.3.3.2 Ban on the use of AGPs in animal feed
                    5.3.3.3 Implementation of innovative animal husbandry practices to improve the quality of meat
                    5.3.3.4 Shift toward natural growth promoters
           5.3.4 CHALLENGES
                    5.3.4.1 High R&D costs for developing new probiotic strains

6 INDUSTRY TRENDS (Page No. - 69)
    6.1 INTRODUCTION
    6.2 REGULATORY FRAMEWORK
           6.2.1 INTRODUCTION
                    TABLE 3 INTERNATIONAL BODY FOR ANIMAL FEED SAFETY STANDARDS AND REGULATIONS
           6.2.2 CODEX ALIMENTARIUS COMMISSION
                    FIGURE 27 DEVELOPMENT OF EUROPEAN UNION FEED ADDITIVES REGULATIONS
           6.2.3 FAO/WHO
                    FIGURE 28 EFFECT OF PROBIOTICS ON ANIMAL HEALTH
           6.2.4 NORTH AMERICA: REGULATORY ENVIRONMENT ANALYSIS
                    6.2.4.1 US
                    6.2.4.2 Canada
           6.2.5 EUROPE: REGULATORY ENVIRONMENT ANALYSIS
                    6.2.5.1 European Union
           6.2.6 ASIA PACIFIC: REGULATORY ENVIRONMENT ANALYSIS
                    6.2.6.1 China
                    6.2.6.2 India
                    6.2.6.3 Japan
                    6.2.6.4 Malaysia
           6.2.7 LATIN AMERICA: REGULATORY ENVIRONMENT ANALYSIS
                    6.2.7.1 Brazil
    6.3 PATENT ANALYSIS
           FIGURE 29 NUMBER OF PATENTS APPROVED FOR PROBIOTICS IN ANIMAL FEED IN THE GLOBAL MARKET, 2010–2020
           FIGURE 30 REGIONAL ANALYSIS: PATENT APPROVAL FOR PROBIOTICS IN ANIMAL FEED PRODUCTS, 2020
           TABLE 4 LIST OF IMPORTANT PATENTS FOR PROBIOTICS IN ANIMAL FEED, 2008-2021
    6.4 MARKET ECOSYSTEM
           6.4.1 PROBIOTICS IN ANIMAL FEED MARKET MAP
                    6.4.1.1 Upstream
           6.4.2 MAJOR PROBIOTICS IN ANIMAL FEED PROVIDERS
           6.4.3 RAW MATERIAL PROVIDERS OF PROBIOTICS IN ANIMAL FEED
           6.4.4 DISTRIBUTORS, WHOLESALERS, AND SUPPLIERS
                    TABLE 5 COMPANY MARKET ECOSYSTEM
    6.5 PRICING ANALYSIS: PROBIOTICS IN ANIMAL FEED MARKET
           6.5.1 PRICING ANALYSIS IN THE PROBIOTICS IN ANIMAL FEED MARKET
    6.6 SUPPLY CHAIN ANALYSIS
           TABLE 6 PROBIOTICS IN ANIMAL FEED MARKET: SUPPLY CHAIN ANALYSIS
    6.7 TECHNOLOGY ANALYSIS
    6.8 CASE STUDY ANALYSIS
           TABLE 7 SAFETY ASSESSMENT AND CERTIFICATION DEMAND BY INDUSTRY PLAYERS TO ENSURE TRANSPARENCY
           6.8.1 HIGH ADOPTION OF ORGANIC GROWTH STRATEGIES BY KEY PLAYERS
    6.9 YC–YCC SHIFTS IN THE PROBIOTICS IN ANIMAL FEED MARKET
           FIGURE 31 DEMAND FOR ADVANCED PROBIOTICS IN ANIMAL FEED IN THE PRODUCTION OF HIGH-QUALITY ANIMAL NUTRITION PRODUCTS IS THE NEW HOT BET IN THE MARKET
    6.10 PORTER’S FIVE FORCES ANALYSIS
           TABLE 8 PORTER’S FIVE FORCES ANALYSIS
           6.10.1 DEGREE OF COMPETITION
           6.10.2 BARGAINING POWER OF SUPPLIERS
                    6.10.2.1 Bargaining power of buyers
                    6.10.2.2 Threat of new entrants
                    6.10.2.3 Threat of substitutes
                    6.10.2.4 Intensity of competitive rivalry
    6.11 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET

7 PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE (Page No. - 89)
    7.1 INTRODUCTION
           TABLE 9 PROBIOTICS COMMONLY USED IN ANIMAL FEED
           FIGURE 32 PROBIOTIC IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
    7.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE
           7.2.1 OPTIMISTIC SCENARIO (VALUE)
                    TABLE 10 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
           7.2.2 REALISTIC SCENARIO (VALUE)
                    TABLE 11 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
           7.2.3 PESSIMISTIC SCENARIO (VALUE)
                    TABLE 12 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
                    TABLE 13 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (KT)
                    TABLE 14 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (KT)
                    TABLE 15 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                    TABLE 16 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
    7.3 PRIMARY NOTES
           7.3.1 KEY INDUSTRY INSIGHTS
    7.4 BACTERIA
           7.4.1 PROBIOTICS PREPARED USING BACILLUS SUBTILIS AND STREPTOCOCCI TO HELP IMPROVE THE EFFICIENCY OF POULTRY AND SWINE
                    TABLE 17 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY BACTERIA, 2017–2020 (USD MILLION)
                    TABLE 18 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY BACTERIA, 2021–2026 (USD MILLION)
                    TABLE 19 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (KT)
                    TABLE 20 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (KT)
                    TABLE 21 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 22 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.4.2 LACTOBACILLI
                    7.4.2.1 Research on lactobacilli
           7.4.3 BIFIDOBACTERIUM
                    7.4.3.1 Research on bifidobacteria
           7.4.4 STREPTOCOCCUS THERMOPHILUS
                    7.4.4.1 Probiotic properties of Streptococcus thermophilus
    7.5 YEAST AND FUNGI
           7.5.1 AVAILABILITY OF YEAST-BASED PROBIOTIC SOLUTIONS FOR RUMINANTS AND PIGS
                    TABLE 23 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY YEAST AND FUNGI, 2017–2020 (USD MILLION)
                    TABLE 24 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY YEAST AND FUNGI, 2021–2026 (USD MILLION)
                    TABLE 25 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (KT)
                    TABLE 26 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (KT)
                    TABLE 27 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 28 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.5.2 SACCHAROMYCES CEREVISIAE
           7.5.3 SACCHAROMYCES BOULARDII
           7.5.4 OTHER SOURCES

8 PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK (Page No. - 102)
    8.1 INTRODUCTION
           TABLE 29 BENEFITS ASSOCIATED WITH THE ADMINISTRATION OF PROBIOTICS IN ANIMAL FEED
           FIGURE 33 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021 VS. 2026 (USD MILLION)
    8.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK
           8.2.1 OPTIMISTIC SCENARIO (VALUE)
                    TABLE 30 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018–2021 (USD MILLION)
           8.2.2 REALISTIC SCENARIO (VALUE)
                    TABLE 31 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018–2021 (USD MILLION)
           8.2.3 PESSIMISTIC SCENARIO (VALUE)
                    TABLE 32 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018–2021 (USD MILLION)
                    TABLE 33 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION)
                    TABLE 34 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
    8.3 PRIMARY NOTES
           8.3.1 KEY INDUSTRY INSIGHTS
    8.4 POULTRY
           8.4.1 MANUFACTURERS TO INTRODUCE MULTI-STRAIN PROBIOTICS FOR POULTRY
                    TABLE 35 BACTERIAL STRAINS USED IN THE MANUFACTURE OF PROBIOTICS FOR POULTRY
                    TABLE 36 POULTRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 37 POULTRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.5 SWINE
           8.5.1 MANUFACTURERS TO INTRODUCE ADAPTIVE PROBIOTIC SOLUTIONS FOR PIGS TO ENHANCE AMINO ACID DIGESTIBILITY
                    TABLE 38 PROBIOTIC MICROORGANISMS COMMONLY USED IN SWINE FEED
                    TABLE 39 SWINE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 40 SWINE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.6 RUMINANTS
           8.6.1 YEAST-BASED PROBIOTICS TO AID IN INCREASING CELLULOLYTIC BACTERIA IN RUMEN
                    TABLE 41 RUMINANTS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 42 RUMINANTS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.7 AQUACULTURE
           8.7.1 BREEDERS TO EXPERIMENT ON PROBIOTICS TO CATER TO THE ALL-ROUND GROWTH AND DEVELOPMENT OF AQUATIC ANIMALS
                    TABLE 43 APPLICATION OF PROBIOTICS IN AQUACULTURE
                    TABLE 44 AQUACULTURE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 45 AQUACULTURE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.8 PETS
           8.8.1 SOLUBLE PROBIOTIC POWDER FORMULA FOR DOGS TO FIND PLACE IN THE ANIMAL FEED INDUSTRY
                    TABLE 46 PETS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 47 PETS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.9 OTHER LIVESTOCK
           8.9.1 ADMINISTERING PROBIOTICS DURING THE WEANING PERIOD TO HELP IMPROVE THE DIGESTIVE TRACT CONDITIONS IN RABBITS
                    TABLE 48 OTHER LIVESTOCK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 49 OTHER LIVESTOCK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

9 PROBIOTICS IN ANIMAL FEED, BY FORM (Page No. - 119)
    9.1 INTRODUCTION
           FIGURE 34 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021 VS. 2026 (USD MILLION)
    9.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY FORM
           9.2.1 OPTIMISTIC SCENARIO (VALUE)
                    TABLE 50 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
           9.2.2 REALISTIC SCENARIO (VALUE)
                    TABLE 51 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
           9.2.3 PESSIMISTIC SCENARIO (VALUE)
                    TABLE 52 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
                    TABLE 53 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                    TABLE 54 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
    9.3 PRIMARY NOTES
           9.3.1 KEY INDUSTRY INSIGHTS
    9.4 DRY
           9.4.1 EASE OF TRANSPORTATION AND STORAGE TO MAKE THE DRY FORM OF PROBIOTICS PREFERABLE OVER THE LIQUID FORM
                    TABLE 55 DRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 56 DRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.5 LIQUID
           9.5.1 INTRODUCTION OF INNOVATIVE MULTI-STRAIN LIQUID SOLUTIONS FOR ANIMALS BY COMPANIES TO DECREASE THE MORTALITY RATES AND DEPENDENCE ON ANTIBIOTICS
                    TABLE 57 LIQUID: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 58 LIQUID: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

10 PROBIOTICS IN ANIMAL FEED MARKET, BY FUNCTION (Page No. - 127)
     10.1 INTRODUCTION
     10.2 NUTRITION
     10.3 GUT HEALTH
     10.4 YIELD
     10.5 IMMUNITY
     10.6 PRODUCTIVITY

11 PROBIOTICS IN ANIMAL FEED, BY REGION (Page No. - 131)
     11.1 INTRODUCTION
               FIGURE 35 CHINA TO HOLD THE LARGEST MARKET SHARE IN THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD
     11.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY REGION
             11.2.1 OPTIMISTIC SCENARIO (VALUE)
                       TABLE 59 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             11.2.2 REALISTIC SCENARIO (VALUE)
                       TABLE 60 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             11.2.3 PESSIMISTIC SCENARIO (VALUE)
                       TABLE 61 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 62 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
                       TABLE 63 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     11.3 NORTH AMERICA
               FIGURE 36 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SNAPSHOT
               TABLE 64 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 65 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 66 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
               TABLE 67 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 68 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION)
               TABLE 69 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
               TABLE 70 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
               TABLE 71 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.3.1 US
                       11.3.1.1 Processed beef products to witness high demand in the US market
                                   TABLE 72 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 73 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 74 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 75 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.3.2 CANADA
                       11.3.2.1 Introduction of natural probiotic supplements by Canadian manufacturers to cater to the health requirements of animals
                                   TABLE 76 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 77 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 78 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 79 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.3.3 MEXICO
                       11.3.3.1 Mexico to witness a high demand for poultry products due to its low cost
                                   TABLE 80 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 81 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 82 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 83 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
     11.4 EUROPE
               TABLE 84 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 85 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 86 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
               TABLE 87 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 88 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK,  2017–2020 (USD MILLION)
               TABLE 89 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
               TABLE 90 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
               TABLE 91 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.1 GERMANY
                       11.4.1.1 Focus of Germany to ensure the quality and hygiene of meat, to help the country adopt the use of probiotics in animals
                                   TABLE 92 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 93 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 94 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 95 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.2 UK
                       11.4.2.1 The demand for probiotics in animal feed to increase owing to the awareness about the health benefits associated with feed additives in daily feed
                                   TABLE 96 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 97 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 98 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 99 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.3 FRANCE
                       11.4.3.1 Stringent regulations in the livestock industry to lead to an increase in the demand for probiotics in animal feed
                                   TABLE 100 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 101 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 102 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 103 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.4 ITALY
                       11.4.4.1 The country to witness a high demand for pet food, which is high in quality and safe for consumption
                                   TABLE 104 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 105 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 106 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 107 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.5 SPAIN
                       11.4.5.1 Spain to face a high demand for dairy and meat products
                                   TABLE 108 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 109 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 110 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 111 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.6 RUSSIA
                       11.4.6.1 Demand for high-quality poultry products to increase in Russia as people opt for a protein-rich diet
                                   TABLE 112 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 113 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 114 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 115 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.4.7 REST OF EUROPE
                       11.4.7.1 Growing awareness about the benefits of probiotics in animal feed to lead to an increase in demand in these countries
                                   TABLE 116 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 117 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 118 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 119 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
     11.5 ASIA PACIFIC
               FIGURE 37 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SNAPSHOT
               TABLE 120 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 121 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 122 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
               TABLE 123 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 124 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION)
               TABLE 125 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
               TABLE 126 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
               TABLE 127 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.5.1 CHINA
                       11.5.1.1 Adoption of a Western diet to lead to the increased demand for beef in the Chinese market
                                   FIGURE 38 DOMESTIC CONSUMPTION OF PORK IN CHINA, 2014–2018 (THOUSAND METRIC TONS)
                                   TABLE 128 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 129 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 130 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 131 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.5.2 INDIA
                       11.5.2.1 The Indian government to focus on clean and safe meat for its consumers
                                   FIGURE 39 ANNUAL MEAT PRODUCTION IN INDIA, 2019
                                   TABLE 132 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 133 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 134 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 135 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.5.3 JAPAN
                       11.5.3.1 Animal producers to shift to the use of probiotics in animal feed due to the growing demand for high-quality meat
                                   FIGURE 40 BOVINE MEAT PRODUCTION AND IMPORTS IN JAPAN, 2019
                                   FIGURE 41 PIGMEAT PRODUCTION AND IMPORTS IN JAPAN, 2019
                                   TABLE 136 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 137 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 138 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 139 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.5.4 AUSTRALIA & NEW ZEALAND
                       11.5.4.1 To enhance the quality of meat, producers to undertake farm-level measures in Australia
                                   FIGURE 42 AUSTRALIAN BEEF AND VEAL EXPORTS
                                   FIGURE 43 NEW ZEALAND: BEEF EXPORTS IN 2019 (MILLION TONS)
                                   TABLE 140 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 141 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 142 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 143 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.5.5 REST OF ASIA PACIFIC
                       11.5.5.1 The growing awareness in the animal industry about the use of probiotics in feed and scientific innovations to drive the growth of the market
                                   TABLE 144 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 145 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 146 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 147 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
     11.6 SOUTH AMERICA
               TABLE 148 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 149 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 150 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
               TABLE 151 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 152 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION)
               TABLE 153 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
               TABLE 154 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
               TABLE 155 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.6.1 BRAZIL
                       11.6.1.1 The high demand for good quality meat in the domestic and international markets to drive the demand for probiotics in animal feed
                                   TABLE 156 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 157 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 158 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 159 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.6.2 ARGENTINA
                       11.6.2.1 Voluminous production of beef to drive the growth of probiotics in animal feed
                                   TABLE 160 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 161 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE,  2021–2026 (USD MILLION)
                                   TABLE 162 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 163 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.6.3 REST OF SOUTH AMERICA
                       11.6.3.1 Health and wellness trends to drive the market for nutritious animal feeds
                                   TABLE 164 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 165 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 166 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 167 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
     11.7 ROW (REST OF THE WORLD)
               TABLE 168 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
               TABLE 169 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
               TABLE 170 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
               TABLE 171 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 172 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017–2020 (USD MILLION)
               TABLE 173 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021–2026 (USD MILLION)
               TABLE 174 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
               TABLE 175 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.7.1 MIDDLE EAST
                       11.7.1.1 The Middle Eastern animal husbandry industry to drive the market for probiotics in animal feed
                                   TABLE 176 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 177 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 178 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 179 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
             11.7.2 AFRICA
                       11.7.2.1 Well-developed livestock and meat processing industries to drive the demand for probiotics in animal feed in African countries
                                   TABLE 180 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
                                   TABLE 181 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
                                   TABLE 182 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
                                   TABLE 183 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 194)
     12.1 OVERVIEW
     12.2 MARKET RANKINGS OF KEY PLAYERS, 2020
               FIGURE 44 DUPONT DOMINATED THE PROBIOTICS IN ANIMAL FEED MARKET IN 2020
     12.3 MARKET SHARE ANALYSIS, 2020
               TABLE 184 PROBIOTICS IN ANIMAL FEED MARKET: DEGREE OF COMPETITION
     12.4 KEY PLAYER STRATEGIES
     12.5 REVENUE ANALYSIS OF KEY PLAYERS, 2018-2020
               FIGURE 45 REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018–2020 (USD BILLION)
     12.6 COVID-19-SPECIFIC COMPANY RESPONSE
             12.6.1 ADM
             12.6.2 DUPONT
             12.6.3 CHR HANSEN
             12.6.4 DSM
             12.6.5 EVONIK INDUSTRIES
     12.7 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             12.7.1 STARS
             12.7.2 PERVASIVE
             12.7.3 EMERGING LEADERS
             12.7.4 PARTICIPANTS
                       FIGURE 46 PROBIOTICS IN ANIMAL FEED MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS)
     12.8 PRODUCT FOOTPRINT
               TABLE 185 COMPANY, BY SOURCE FOOTPRINT
               TABLE 186 COMPANY, BY LIVESTOCK FOOTPRINT
               TABLE 187 COMPANY, BY REGIONAL FOOTPRINT
               TABLE 188 OVERALL COMPANY FOOTPRINT
     12.9 PROBIOTICS IN ANIMAL FEED MARKET, STARTUP/SME EVALUATION QUADRANT, 2020
             12.9.1 PROGRESSIVE COMPANIES
             12.9.2 STARTING BLOCKS
             12.9.3 RESPONSIVE COMPANIES
             12.9.4 DYNAMIC COMPANIES
                       FIGURE 47 PROBIOTICS IN ANIMAL FEED MARKET: COMPANY EVALUATION QUADRANT, 2020 (STARTUP/SME)
     12.10 COMPETITIVE SCENARIO AND TRENDS
               12.10.1 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS
                                   TABLE 189 PROBIOTICS IN ANIMAL FEED MARKET: NEW PRODUCT LAUNCHES, JANUARY 2019- MAY 2021
               12.10.2 DEALS
                                   TABLE 190 PROBIOTICS IN ANIMAL FEED MARKET: DEALS, JUNE 2019-SEPTEMBER 2020
               12.10.3 OTHERS
                                   TABLE 191 PROBIOTICS IN ANIMAL FEED MARKET: OTHERS, JANUARY 2018-MAY 2021

13 COMPANY PROFILES (Page No. - 211)
     13.1 KEY COMPANIES
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
             13.1.1 ADM
                       TABLE 192 ADM: BUSINESS OVERVIEW
                       FIGURE 48 ARCHER DANIEL MIDLAND COMPANY: COMPANY SNAPSHOT
                       TABLE 193 ARCHER DANIEL MIDLAND: NEW PRODUCT LAUNCHES
                       TABLE 194 ARCHER DANIEL MIDLAND: DEALS
             13.1.2 DUPONT
                       TABLE 195 DUPONT: BUSINESS OVERVIEW
                       FIGURE 49 DUPONT: COMPANY SNAPSHOT
                       TABLE 196 DUPONT: NEW PRODUCT LAUNCHES
                       TABLE 197 DUPONT: DEALS
             13.1.3 EVONIK INDUSTRIES
                       TABLE 198 EVONIK INDUSTRIES: BUSINESS OVERVIEW
                       FIGURE 50 EVONIK INDUSTRIES: COMPANY SNAPSHOT
                       TABLE 199 EVONIK INDUSTRIES: NEW PRODUCT LAUNCHES
                       TABLE 200 EVONIK INDUSTRIES: DEALS
             13.1.4 LAND O'LAKES
                       TABLE 201 LAND O'LAKES: BUSINESS OVERVIEW
                       FIGURE 51 LAND O'LAKES: COMPANY SNAPSHOT
                       TABLE 202 LAND O'LAKES: OTHERS
             13.1.5 KONINKLIJKE DSM N.V.
                       TABLE 203 KONINKLIJKE DSM N.V.: BUSINESS OVERVIEW
                       FIGURE 52 KONINKLIJKE DSM N.V.: COMPANY SNAPSHOT
                       TABLE 204 KONINKLIJKE DSM N.V.: DEALS
             13.1.6 MITSUI & CO. LTD (NOVUS INTERNATIONAL)
                       TABLE 205 MITSUI & CO., LTD: BUSINESS OVERVIEW
                       FIGURE 53 MITSUI & CO., LTD: COMPANY SNAPSHOT
             13.1.7 NOVOZYMES
                       TABLE 206 NOVOZYMES: BUSINESS OVERVIEW
                       FIGURE 54 NOVOZYMES: COMPANY SNAPSHOT
                       TABLE 207 NOVOZYMES: DEALS
             13.1.8 OHLY
                       TABLE 208 OHLY: BUSINESS OVERVIEW
                       FIGURE 55 OHLY: COMPANY SNAPSHOT
                       TABLE 209 OHLY: NEW PRODUCT LAUNCHES
                       TABLE 210 OHLY: DEALS
             13.1.9 CHR. HANSEN
                       TABLE 211 CHR. HANSEN: BUSINESS OVERVIEW
                       FIGURE 56 CHR. HANSEN: COMPANY SNAPSHOT
                       TABLE 212 CHR. HANSEN: NEW PRODUCT LAUNCHES
                       TABLE 213 CHR. HANSEN: DEALS
                       TABLE 214 CHR. HANSEN: OTHERS
             13.1.10 ALLTECH
                       TABLE 215 ALLTECH: BUSINESS OVERVIEW
             13.1.11 KEMIN INDUSTRIES, INC.
                       TABLE 216 KEMIN INDUSTRIES, INC.: BUSINESS OVERVIEW
                       TABLE 217 KEMIN INDUSTRIES, INC.: NEW PRODUCT LAUNCHES
             13.1.12 PROVITA EUROTECH LTD
                       TABLE 218 PROVITA EUROTECH: BUSINESS OVERVIEW
             13.1.13 ORFFA INTERNATIONAL HOLDING BV
                       TABLE 219 ORFFA INTERNATIONAL HOLDING BV: BUSINESS OVERVIEW
             13.1.14 LESAFFRE
                       TABLE 220 LESAFFRE: BUSINESS OVERVIEW
                       TABLE 221 LESAFFRE: NEW PRODUCT LAUNCHES
             13.1.15 LALLEMAND
                       TABLE 222 LALLEMAND: BUSINESS OVERVIEW
             13.1.16 ADVANCE AQUA BIO TECHNOLOGIES
                       TABLE 223 ADVANCE AQUA BIO TECHNOLOGIES: BUSINESS OVERVIEW
             13.1.17 GREEN AQUA TECH LLP
                       TABLE 224 GREEN AQUA TECH LLP: BUSINESS OVERVIEW
             13.1.18 SANZYME BIOLOGICS
                       TABLE 225 SANZYME BIOLGICS: BUSINESS OVERVIEW
             13.1.19 AGRIHEALTH
                       TABLE 226 AGRIHEALTH: BUSINESS OVERVIEW
             13.1.20 ARM & HAMMER ANIMAL NUTRITION
                       TABLE 227 ARM & HAMMER ANIMAL NUTRITION: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
     13.2 OTHER PLAYERS
             13.2.1 PURE CULTURES
                       TABLE 228 PURE CULTURES: COMPANY OVERVIEW
             13.2.2 RUBINUM S.A.
                       TABLE 229 RUBINUM S.A.: COMPANY OVERVIEW
             13.2.3 UNIQUE BIOTECH LTD
                       TABLE 230 UNIQUE BIOTECH LTD: COMPANY OVERVIEW
             13.2.4 MYSTICAL BIOTECH
                       TABLE 231 MYSTICAL BIOTECH: COMPANY OVERVIEW
             13.2.5 CALPIS CO., LTD.
                       TABLE 232 CALPIS CO., LTD.: COMPANY OVERVIEW

14 ADJACENT AND RELATED MARKETS (Page No. - 258)
     14.1 INTRODUCTION
               TABLE 233 ADJACENT MARKETS TO PROBIOTICS
     14.2 LIMITATIONS
     14.3 NUTRACEUTICAL INGREDIENTS MARKET
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
                       TABLE 234 NUTRACEUTICAL INGREDIENTS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                       TABLE 235 NUTRACEUTICAL INGREDIENTS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
     14.4 PREBIOTIC INGREDIENTS MARKET
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
                       TABLE 236 PREBIOTIC INGREDIENTS MARKET SIZE, BY TYPE, 2015–2023 (USD MILLION)
     14.5 PROBIOTICS IN ANIMAL FEED MARKET
             14.5.1 MARKET DEFINITION
             14.5.2 MARKET OVERVIEW
                       TABLE 237 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION)

15 APPENDIX (Page No. - 263)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involves four major activities to estimate the current market size for probiotics in animal feed. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and the market size was validated with industry experts across value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, in order to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The probiotics in animal feed market comprises several stakeholders such as technology providers and research labs, biotechnological companies, genetic solution providers, livestock breeders, public and private research institutions, agencies, and laboratories and commercial stains manufacturers. The demand-side of this market is characterized by the rising demand for high nutritional content in food. The supply-side is characterized by advancements in technology and diverse application industries. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents

Probiotics in Animal Feed Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for key opinions from leaders, such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches.

Report Objectives

  • To define, segment, and project the global market size for probiotics in animal feed
  • To understand the structure of the probiotics in animal feed market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across key regions
  • To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, collaboration, partnership, joint ventures, and agreements

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Europe probiotics in animal feed market into the Netherlands, Sweden, and Poland
  • Further breakdown of the Rest of Asia Pacific probiotics in animal feed market into Malaysia, South Korea, the Philippines, and Sri Lanka
  • Further breakdown of the RoW probiotics in animal feed market into Brazil, Argentina, Peru, the UAE, and South Africa

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Probiotics in Animal Feed Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Probiotics in Animal Feed Market

Request For Special Pricing
Report Code
AGI 3616
Published ON
Aug, 2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Probiotics in Animal Feed Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved