Probiotics in Animal Feed Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Probiotics in Animal Feed Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

Probiotics are live microorganisms that provide health benefits if consumed in prescribed amounts. The probiotics in animal feed market is expanding at a significant growth rate due to the increasing awareness among shoppers regarding animal health. Consumption of probiotics provides animal with numerous health benefits. It supports the biological process and system of the animals and conjointly cuts back the over dependence of animals on antibiotics.

Increasing demand for meat and related products is expected to fuel the probiotics in the animal feed market. Additionally, increasing health issues among farm animals is projected to further boost the probiotic in animal feed market. Probiotics added to the animal feed doesn't deliver the mandatory nutrients that are required to nurture the animals. This, in turn, is estimated to restrain the probiotics in animal feed market in the near future.

The global probiotics in animal feed market is anticipated to expand at a considerable growth rate in the near future due to the prohibition on the practice of administering antibiotics that encourage growth in animals. Globally, among all the regions, Asia Pacific is anticipated to hold a major share of the overall probiotics in animal feed market, followed by Europe, during the forecast period due to the presence of relatively sizable amount of customers in the region. International probiotics in the animal feed market is estimated to expand rapidly in Asia Pacific due the rise range of higher bourgeoisie population, which is likely to afford the expenditure on feed that contains extra ingredients such as probiotics. In Asia Pacific, China and Japan contribute significantly to the probiotics in animal feed market, in terms of revenue, owing to the rising range of higher bourgeoisie population in these countries. Moreover, the market in Europe is expected to expand considerably in the next three to five years due to the ban on the usage of antibiotics that promote growth in animals, which in turn is anticipated to boost the probiotics in animal feed market.

The global probiotics in animal feed market is segregated based on livestock, bacteria, and region. In terms of bacteria, the probiotics in animal feed market is segmented into thermophiles, lactobacillus, bifid bacteria, streptococcus, and others. The lactobacillus segment hold a prominent share of the market, followed by the others segment, and is predicted to exhibit important growth during the forecast period respectively. Based on livestock, the probiotics in animal feed market is segmented into swine feed, cattle feed, pet feed, and poultry feed. The pet feed segment is anticipated to expand at a steady pace in the next three to five years due to the rising demand for meat and meat products all around the world. Furthermore, In terms of region, the global probiotics in animal feed market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Major players operating in the global probiotics in animal feed market includes DuPont, Nebraska Cultures, Koninklijke DSM N.V., Lactosan GmbH & Co. KG, Calpis Co. Ltd., Provita Eurotech Ltd, Alltech, Protexin, Lallemand Inc., and Suguna Foods Private Limited, Novozymes (Denmark). Companies operating in the market are primarily introducing new products and also intensifying their proficiencies in order to strengthen their position in the global probiotics in animal feed market. The market is expected to witness a rise in the trend of backward integration and strengthening of rooster processors. This, in turn, is anticipated to drive the adoption rate of feed additives, which is probiotics.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market       

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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