Press Release

Oct, 27 2023

The Increasing Awareness of the Benefits of Plant-Based Products Drives the North America Poultry Probiotic Ingredients Market

The infectious bursal disease (gumboro disease) in poultry animals is a highly contagious viral disease that affects young chickens. The incidence rate of infectious bursal disease is particularly between 3 to 6 weeks of age. The disease can lead to immunosuppression, making the birds more susceptible to other infections. The incidence of IBD can vary from region to region and can fluctuate over time. Outbreaks of IBD can occur in poultry flocks, particularly if there are gaps in vaccination coverage or if biosecurity measures are inadequate. This can be cured and suppressed by use of probiotics in poultry feed and food products.

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Data Bridge Market Research analyzes that the North America Poultry Probiotic Ingredients Market is expected to grow at a CAGR of 5.5% in the forecast period of 2023 to 2030 and is expected to reach USD 252,167.74 thousand by 2030. The bacteria based segment is projected to propel the market growth as they are widely used in poultry feed to improve their gut health, immunity, yield, among others.

Key Findings of the Study

North America Poultry Probiotic Ingredients Market

Increasing Awareness of the Benefits of Plant-Based Products

Animal welfare has fueled the transition toward plant-based diets. Another important factor driving this change is the favorable health advantages of plant-based probiotics, such as meat substitutes that taste as meat, such as pea starch used in various products. Furthermore, these replacements are considered rich in nutrition and promote improved physical health. The rising customer preference for safe lifestyles and numerous government policies in various countries has created a new opportunity for the North America poultry probiotic ingredients industry to create environmentally sustainable, cheaper, and viable alternatives to plant-based food consumption. Furthermore, poultry probiotics are highly nutritious and contain micronutrients such as thermophilus, acidophilus, bulgaricus, caseifa, rciminis, fermentum, plantarum, and reuter and have various health benefits such as reducing heart risk, maintaining weight, and increasing the metabolism of both birds and animals in poultry. Consumers prefer poultry probiotics to maintain poultry birds' and animal’s health

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Year

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Product (Bacteria Based and Fungi and Yeast Based), Type (Single Strain and Multiple Strain), Form (Dry and Liquid), Function (Feed Intake and Efficiency, Yield, Gut Health, Nutrition, Egg Production and Quality Immunity and Others), Application (Broilers, Layers, Breeders, Chicks and Poults, Others)

Countries Covered

U.S., Canada, and Mexico

Market Players Covered

Lallemand Inc (Canada), Unique Biotech (India), Phileo by Lesaffre (Ireland), Novozymes (Denmark), Evonik Industries AG (Germany), ASAHI GROUP HOLDINGS LTD (Japan), Chr. Hansen Holding A/S (Denmark), Advanced Enzyme Technologies (India), International Flavors & Fragrances Inc (India), and Kemin Industries Inc (U.S.), among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The North America poultry probiotic ingredients market is segmented based on product, type, form, function and application.

  • On the basis of product, the market is segmented into bacteria based and fungi and yeast based.

In 2023, the bacteria based segment of the product segment is expected to dominate the North America poultry probiotic ingredients market

In 2023, the bacteria based segment is expected to dominate the market with the market share of 58.03% due to its high nutritional benefits in poultry animals.

  • On the basis of type, the market is segmented into single strain and multiple strain.

In 2023, the single strain segment is expected to dominate the North America poultry probiotic ingredients market

In 2023, the single strain segment is expected to dominate the market with a market share of 52.42% due to the rise in the adoption and demand for food based feed and*89 food products for poultry animals.

  • On the basis of form, the market is segmented into dry and liquid. In 2023, the dry segment is expected to dominate the market with a market share of 67.48% due to a rise in product and feed with added antibiotic and nutritional values
  • On the basis of function, the market is segmented into feed intake and efficiency, yield, gut health, nutrition, egg production and quality immunity and others. In 2023, the gut health segment is expected to dominate the market with a market share of 22.32% due to the adoption of new technologies and easy accessibility of quality products for poultry animals.
  • On the basis of application, the market is segmented into broilers, layers, breeders, chicks & poults and others. In 2023, the chicks & poults segment is expected to dominate the market with a market share of 35.00% due to a rise in need for their poultry animals for egg productiona and meat production.

Major Players

Data Bridge Market Research analyzes Lallemand Inc (Canada), Evonik Industries AG (Germany), International Flavors & Fragrances Inc (India), ASAHI GROUP HOLDINGS LTD (Japan), Phileo by Lesaffre (Ireland) as the major players in the North America poultry probiotic ingredients market.

North America Poultry Probiotic Ingredients Market

Market Development

  • In March 2023, International Flavors & Fragrances Inc said they had achieved industrial-scale production of a strict anaerobic 'next generation' probiotic strain. The company has also announced that they have achieved the successful production of a strict anaerobic 'next generation' probiotic strain at industrial scale.
  • In January 2023, the Evonik Industries AG launched a new category of nutraceuticals called IN VIVO BIOTICS. The company said these next-generation synbiotics will combine probiotics with other health ingredients.
  • In December 2022, Asahi Group was recognized with a Prestigious "A" Score for North America Climate Stewardship by the North America Environmental Non-profit carbon disclosure project. The company said Asahi Group strives to achieve zero environmental impact in its business activities by 2050.
  • In November 2021, Novozymes announced that they had acquired a majority stake in Synergia Life Sciences Pte. Ltd. The company said it would strengthen and accelerates its position in human health and functional foods.

Regional Analysis

Geographically, the countries covered in the North America poultry probiotic ingredients market report are the U.S., Canada, and Mexico

As per Data Bridge Market Research analysis:

U.S. is the dominant and fastest growing country in the North America poultry probiotic ingredients market during the forecast period of 2023 to 2030

The U.S. is expected to dominate the market owing to the growing production of feed additives in North America and other countries of the region. U.S. will continue to be the fastest growing country in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technology and the launch of new products in this region. Additionally, the increasing demand and consumption of livestock-based products are expected to further enhance the market growth rate in this region.

For more detailed information about the North America poultry probiotic ingredients market report, click here – https://www.databridgemarketresearch.com/reports/north-america-poultry-probiotic-ingredients-market


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