Probiotics in Animal Feed Market Overviews
Probiotics are regarded growth and health stimulators and are widely utilised in animal feed, particularly in the production of pigs and poultry. Probiotics are sometimes described as "a live microbial feed additive that benefits the host animal by improving its intestinal equilibrium." Probiotics are helpful bacteria that dwell in the intestines. Animals' gastrointestinal systems are home to billions of these bacteria (as well as some yeast). These beneficial gut bacteria keep the internal environment in check, preventing sickness and promoting good health. These probiotics in animal feed market report is provided with the segment analysis, based on the source, livestock, form and region.
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Probiotics in Animal Feed Market Scope and Methodology:
Compound feeds are in high demand in Asia Pacific, North America, and Europe, due to strong demand for meat and meat products and a growing awareness of the necessity of protein-rich diets among consumers worldwide. According to the Food and Agriculture Organization (FAO), demand for food goods would increase by 60% by 2050, while demand for animal protein will increase by 1.7 percent every year. China, the United States, Brazil, Mexico, Spain, India, and Russia are the world's leading feed producers. These countries' demand for chicken and red meat has been increasing, contributing to the probiotics in animal feed market's growth.
Probiotics in Animal Feed Market Regional Insights
Asia Pacific region is expected to hold the largest probiotics in animal feed market shares of xx% by 2027. Livestock farmers have been under constant pressure to provide the highest possible yield with the fewest possible inputs. As a result, probiotics in animal feed increase overall animal performance while also protecting against dangerous diseases. Due to steady demand for chicken products, rising rates of meat consumption due to increasing population, and increased understanding about the benefits of probiotics in animal feed, China and India are key income contributors in this region.
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Probiotics in Animal Feed Market Segmentation
Based on the Livestock, the market is segmented into Ruminants, Poultry, Swine, Aquaculture, Pets, and Other livestock. Poultry segment is expected to hold the largest market share of xx% by 2030. The consumption of poultry meat has increased over time due to its lower fat content than beef and veal. Antibiotics as feed additions to assist cattle and poultry grow faster have been banned by the US Food and Drug Administration (USFDA). As a result, major firms are concentrating their efforts on supplying high-quality probiotics in livestock feed, such as poultry. These are the factors that are expected to drives the growth of the Poultry segment in the Probiotics in Animal Feed market during the forecast period 2024-2030
Probiotics in Animal Feed Market Key Players
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)
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Key questions answered in the Probiotics in Animal Feed Market are:
- What is Probiotics in Animal Feed ?
- What was the Probiotics in Animal Feed market size in 2023?
- What is the growth rate of the Probiotics in Animal Feed Market?
- Which are the factors expected to drive the Probiotics in Animal Feed market growth?
- What are the different segments of the Probiotics in Animal Feed Market?
- What growth strategies are the players considering to increase their presence in Probiotics in Animal Feed ?
- What are the upcoming industry applications and trends for the Probiotics in Animal Feed Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Probiotics in Animal Feed Market?
- Who are the leading companies and what are their portfolios in Probiotics in Animal Feed Market?
- What segments are covered in the Probiotics in Animal Feed Market?
- Who are the key players in the Probiotics in Animal Feed market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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