Probiotics in Animal Feed Market

According to a research report "Probiotics in Animal Feed Market by Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets), Source (Bacteria, Yeast, Fungi), Form (Dry, Liquid), Function (Qualitative) (Nutrition, Gut Health, Immunity, Productivity) & Region - Global Forecast to 2028" published by MarketsandMarkets, the probiotics in animal feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. The market for probiotics in animal feed is experiencing growth due to the increasing demand for meat and meat products among the growing population.

Browse 261 market data Tables and 64 Figures spread through 246 Pages and in-depth TOC on "Probiotics in Animal Feed Market by Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets), Source (Bacteria, Yeast, Fungi), Form (Dry, Liquid), Function (Qualitative) (Nutrition, Gut Health, Immunity, Productivity) & Region - Global Forecast to 2028"
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Rising Demand for Animal Protein to Propel Probiotics Market in Animal Feed

The growing consumer demand for animal protein is driving the market for probiotics in animal feed. Probiotics enhance animal performance, promote health, reduce disease risks, and align with consumer preferences for healthy and sustainable products. As livestock producers work to meet the rising demand for meat, probiotics can significantly improve animal nutrition and well-being.

However, to keep up with this demand, producers often resort to intensive farming practices, which can lead to challenges such as stress and inadequate nutrition. Probiotics offer a promising solution by enhancing gut health, increasing nutrient absorption, and strengthening animals' immune systems. Consequently, the demand for probiotics in animal feed is expected to rise as livestock producers aim to maximize productivity and improve animal health.

By source, bacteria holds a significant market share during the forecast period

The most common microorganisms used as probiotics in livestock production are Lactic Acid Bacteria (LAB) from the genus Lactobacillus, Pediococcus, Lactococcus, Enterococcus, Streptococcus, and Leuconostoc. Nevertheless, only the genera Lactobacillus, Streptococcus, Pediococcus, Enterococcus, and Weissella are the most frequently used in poultry production.

Bacteria dominated the probiotics in animal feed market as a source. This is because the segment has been studied and researched up on since a long time. Bacteria as raw materials are largely commercialized in the market which makes bacteria-based probiotics more familiar to customers. Moreover, scientific factors such as better bile (acid) resistance as compared to yeast, lets the bacteria-based probiotic product reach intestine and colon, where it is the most effective. All the stated factors are fueling the growth of the bacteria segment in probiotics in the animal feed market.

Asia Pacific to boost market growth during the forecast period

The Asia Pacific region is expected to play a significant role in boosting the market growth of probiotics in the animal feed industry during the forecast period. Asia Pacific has a rapidly growing livestock industry driven by population growth, urbanization, and increasing demand for animal protein products. Countries like China, India, and Southeast Asian nations have witnessed a substantial increase in meat consumption. As a result, there is a growing need for improved animal nutrition and health management, which fuels the demand for probiotics in animal feed.

The key players in this include ADM (US), Chr. Hansen Holding A/S (Denmark), Evonik Industries AG (Germany), Land O’Lakes Inc. (US), DSM (US), and Novozymes (Denmark). The study includes an in-depth competitive analysis of these key players in the probiotics in animal feed market with their company profiles, recent developments, and key market strategies.

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