Global Probiotics in Animal Feed Market By Source (Bacteria, Yeast & Fungi), Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets, Others), Form (Dry, Liquid), Function (Nutrition, Gut Health, Yield, Immunity, Productivity), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Poland, Denmark, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, New Zealand, Vietnam, Rest of Asia Pacific, Saudi Arabia, U.A.E, Kuwait, Oman, Qatar, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Probiotics in Animal Feed Market
Probiotics in animal feed market is expected to reach USD 8.26 billion by 2027 growing at a growth rate of 7.45% in the forecast period 2020 to 2027. Increasing implementation of innovative animal husbandry practices and ban on the use of antibiotic growth promoters in animal feed are the factor for the probiotics in animal feed market in the forecast period of 2020- 2027.
Probiotics are the good micro-organisms which are important for the growth of the animal immune system. If consumed properly they have the ability to offer many health advantages. This promotes the animal’s biological process and environment and mutually decreases animal’s over-reliance on antibiotics.
Increasing demand for animal based products among population will accelerate the demand for market. Rising focus on animal health to decrease the chance of any animals will also enhance the market growth. Growing shift towards natural growth promoters is also expected to drive the market. On the other hand, increasing popularity of meat and meat related products and rising health problems in animals will further create new opportunities for the probiotics in animal feed market in the forecast period of 2020- 2027.
Probiotics in animal feed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research probiotics in animal feed market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Probiotics in Animal Feed Market Scope and Market Size
Probiotics in animal feed market is segmented of the basis of source, livestock, form and function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of source, the probiotics in animal feed market is segmented into bacteria and yeast & fungi. Bacteria is further sub- segmented into lactobacilli, bifidobacterium and streptococcus thermophiles. Yeast & fungi is divided into saccharomyces cerevisiae, saccharomyces boulardii, and others.
Based on livestock the probiotics in animal feed market is segmented into poultry, swine, ruminants, aquaculture, pets, and other.
Based on the form the probiotics in animal feed market is segmented into dry and liquid.
Probiotics in animal feed market is also segmented on the basis of function. The function is segmented into nutrition, gut health, yield, immunity, and productivity.
Probiotics in Animal Feed Market Country Level Analysis
Probiotics in animal feed market is analyses and market size, volume information is provided by country by source, livestock, form and function as referenced above.
The countries covered in the probiotics in animal feed market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Poland, Denmark, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, New Zealand, Vietnam, Rest of Asia Pacific, Saudi Arabia, U.A.E, Kuwait, Oman, Qatar, South Africa, and Rest of Middle East and Africa.
Asia-Pacific dominates the probiotics in animal feed market in the forecast period 2020 to 2027 because of growing demand for poultry product in the region and increasing urbanization in the region.
The country section of the probiotics in animal feed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of domestic tariffs and trade routes are considered while provided forecast analysis of the country data.
Competitive Landscape and Probiotics in Animal Feed Market Share Analysis
Probiotics in animal feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breath, application dominance. The above data points provided are only related to the companies focus related to probiotics in animal feed market.
The major players covered in the probiotics in animal feed market report are Chr. Hansen Holding A/S, DSM, DuPont de Nemours, Inc., Evonik Industries, Land O'Lakes, Inc., Kerry Inc., Novus International, Novozymes, Lesaffre, Lallemand Inc, Alltech, Adisseo, ASAHI GROUP HOLDING, Ltd., Unique Biotech, Pure Cultures, Vit-E-Men Company, Suguna Foods Private Limited., Provita Eurotech., Protexin, among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Many prominent players in the market are taking different initiatives in the market so they can enhance their market reach and strengthen their market position. In January 2017, Evonik Industries announced the launch of their probiotic GutCare PY1. In general under stressful circumstances, this probiotic have positive impact on the healthy balance of bacteria communities in the chicken gut.
Customization Available : Global Probiotics in Animal Feed Market
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