Global Feed Probiotics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Sub Additive;

Bifidobacteria, Enterococcus, Lactobacilli, Pediococcus, Streptococcus, and Other Probiotics.

By Animal;

Aquaculture, Poultry, Ruminants, Swine, and Other Animals.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn717773033 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Feed Probiotics Market (USD Million), 2020 - 2030

In the year 2023, the Global Feed Probiotics Market was valued at USD 1,510.72 million. The size of this market is expected to increase to USD 2,555.74 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

The Global Feed Probiotics market has witnessed significant growth in recent years, driven by increasing demand for probiotics as essential nutrients in animal feed. Probiotics play a crucial role in enhancing animal growth, boosting immune systems, and safeguarding against diseases. This rise in demand has resulted in probiotics holding a substantial market share within the overall feed additives market. Key factors attributing to their popularity include their ability to improve growth and production rates, protect against pathogens, enhance bone strength, fortify immune systems, and combat parasitism. As a result, the market is expected to continue its upward trajectory, with a projected compound annual growth rate (CAGR) during the forecast period.

Bifidobacteria and lactobacilli emerge as prominent sub-additives within the global feed probiotics market, collectively accounting for a significant share. Lactobacilli are known for stimulating the digestive system, combating disease-causing bacteria, and aiding in vitamin production, while bifidobacteria contribute to weight gain and overall animal health. Poultry birds stand out as the largest consumer segment within the market, primarily driven by the effectiveness of feed probiotics in promoting growth performance and bolstering overall health. Asia-Pacific and North America emerge as the leading consumers of feed probiotics, with countries like China and the United States showcasing significant market shares. This growth trajectory underscores the increasing recognition of probiotics' ability to enhance digestive systems, prevent diseases, and augment feed production, presenting ample opportunities for market expansion and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sub Additive
    2. Market Snapshot, By Animal
    3. Market Snapshot, By Region
  4. Global Feed Probiotics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Animal Protein
        2. Ban on Antibiotic Growth Promoters (AGPs)
        3. Rising Awareness of Animal Health
        4. Advancements in Microbial Strains
        5. Increasing Investments in Animal Nutrition
      2. Restraints
        1. Regulatory Challenges
        2. Quality Control Issues
        3. Limited Awareness and Education
        4. Resistance and Adaptation
      3. Opportunities
        1. Focus on Sustainable Agriculture
        2. Research and Development Investments
        3. Strategic Collaborations and Partnerships
        4. Consumer Education and Marketing Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Feed Probiotics Market, By Sub Additive, 2022 - 2032 (USD Million)
      1. Bifidobacteria
      2. Enterococcus
      3. Lactobacilli
      4. Pediococcus
      5. Streptococcus
      6. Other Probiotics
    2. Global Feed Probiotics Market, By Animal, 2022 - 2032 (USD Million)
      1. Aquaculture
      2. Poultry
      3. Ruminants
      4. Swine
      5. Other Animals
    3. Global Feed Probiotics Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Adisseo
      2. Cargill Inc
      3. CHR. Hansen A/S
      4. DSM Nutritional Products AG
      5. Evonik Industries AG
      6. IFF (Danisco Animal Nutrition)
      7. Kemin Industries
      8. Kerry Group Plc
      9. Lallemand Inc
      10. MIAVIT Stefan Niemeyer GmbH
  7. Analyst Views
  8. Future Outlook of the Market

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