Global Probiotics in Animal Feed Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Type;
Ruminants, and Poultry.By Form;
Dry, and Liquid.By Source;
Bacteria, and Yeast.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Probiotics in Animal Feed Market (USD Million), 2020 - 2030
In the year 2023, the Global Probiotics in Animal Feed Market was valued at USD 5,246.99 million. The size of this market is expected to increase to USD 8,963.32 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.
Governments and regulatory authorities are increasingly acknowledging the significance of probiotics in animal nutrition. The establishment of guidelines and regulations authorizing the utilization of probiotics in animal feed has facilitated market expansion. For example,the Food and Drug Administration (FDA) takes its responsibility for regulating animal food seriously, and it does so by working closely with its State and local partners. This collaboration is achieved through various mechanisms, such as cooperative agreements, contracts, grants, memoranda of understanding, and partnerships. One of the primary partnerships that the FDA has established is with the Association of American Feed Control Officials (AAFCO) and the states.
With increasing concerns regarding antibiotic resistance and a growing emphasis on sustainable farming methods, probiotics have emerged as a promising substitute for conventional antibiotics. Probiotics play a role in preventing diseases and have the potential to decrease the dependence on antibiotics in animal type. The worldwide demand for animal protein, encompassing meat, milk, and eggs, is steadily increasing. Probiotics play a crucial role in optimizing productivity and upholding the quality of animal-derived goods, fulfilling the rising demand driven by an expanding global population.
Global Probiotics in Animal Feed Market Report Snapshot
Parameters | Description |
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Market | Global Probiotics in Animal Feed Market |
Study Period | 2020 - 2030 |
Base Year (for Probiotics in Animal Feed Market Size Estimates) | 2023 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Probiotics in Animal Feed Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Global Probiotics in Animal Feed Segment Analysis
In this report, the Global Probiotics in Animal Feed Market , Segmented by Type, Form, Source, and Geography.
Global Probiotics in Animal Feed Market, Segmentation by Type
Global Probiotics in Animal Feed Market, Segmented by Type into Ruminants, and Poultry.
Ruminants, such as cattle, sheep, and goats, represent a significant market segment for probiotics in animal feed. Probiotics are commonly used in ruminant feed to improve rumen function, enhance nutrient digestion and absorption, and promote overall animal health. The growing demand for dairy and meat products is driving the adoption of probiotics in ruminant feed, as they can help increase feed efficiency and animal productivity.Poultry is another important segment in the global probiotics in animal feed market. Probiotics are used in poultry feed to improve gut health, reduce the incidence of digestive disorders, and enhance immune function. With the increasing demand for poultry products worldwide, there is a growing need for natural and sustainable solutions to improve poultry health and productivity. Probiotics offer a viable alternative to antibiotics in poultry feed, addressing consumer concerns about antibiotic resistance and food safety.
The ruminants and poultry segments are driving growth in the global probiotics in animal feed market. The ability of probiotics to improve animal health, enhance feed efficiency, and reduce the need for antibiotics makes them an attractive option for animal producers looking to improve the sustainability and efficiency of their operations. As consumer demand for natural and sustainable animal products continues to grow, the use of probiotics in ruminant and poultry feed is expected to increase, further driving market growth.
Global Probiotics in Animal Feed Market, Segmentation by Form
Global Probiotics in Animal Feed Market , Segmented by Form into Dry, and Liquid.
Dry probiotics are commonly used in animal feed due to their ease of handling, storage, and transportation. They are often incorporated into feed pellets, powders, or premixes, making them convenient for large-scale feed manufacturers and farmers. Dry probiotics also have a longer shelf life compared to liquid formulations, making them a preferred choice for many animal producers.Liquid probiotics, on the other hand, offer certain advantages such as easier mixing with feed and water, as well as potentially better palatability for some animals. Liquid probiotics are often used in drinking water or added to feed as a top dressing. They can provide a more immediate and direct delivery of probiotics to the animal's digestive system, which may be beneficial in certain situations such as during times of stress or illness.
Both dry and liquid probiotics have their own advantages and applications in the animal feed industry. The choice between the two forms depends on factors such as the animal species, production system, and specific requirements of the farm. As the demand for probiotics in animal feed continues to grow, both forms are expected to remain key segments in the global market, offering options for producers to improve animal health and performance.
Global Probiotics in Animal Feed Market, Segmentation by Source
The Global Probiotics in Animal Feed Market , Segmented by Source into Bacteria, and Yeast.
Bacteria-based probiotics are among the most commonly used in animal feed, with strains such as Lactobacillus and Bifidobacterium being widely utilized. These bacteria are known to have beneficial effects on gut health, immune function, and nutrient absorption in animals. They are often used in both ruminant and non-ruminant feed to improve overall animal health and performance. Yeast-based probiotics are another important segment in the global market. Yeasts such as Saccharomyces cerevisiae are commonly used in animal feed due to their ability to improve digestion, stimulate the immune system, and enhance nutrient utilization. Yeast-based probiotics are particularly popular in poultry and swine feed, where they can help improve growth rates and feed efficiency. Both bacteria and yeast-based probiotics offer unique benefits for animal health and performance.
The choice between the two depends on factors such as the target animal species, production goals, and specific requirements of the farm. As the demand for natural and sustainable animal products grows, both bacteria and yeast-based probiotics are expected to remain key segments in the global probiotics in animal feed market, offering options for producers to enhance the health and productivity of their animals.
Global Probiotics in Animal Feed Market, Segmentation by Geography
In this report, the Global Probiotics in Animal Feed Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Probiotics in Animal Feed Market Share (%), by Geographical Region, 2023
America and Europe are mature markets for probiotics in animal feed, with well-established regulatory frameworks and high levels of awareness among animal producers. These regions are characterized by a strong focus on animal health and welfare, driving the adoption of probiotics as alternatives to antibiotics in animal feed. Asia Pacific is a rapidly growing market for probiotics in animal feed, fueled by the increasing demand for animal products and a growing awareness of the benefits of probiotics. The region is home to some of the largest livestock and poultry industries in the world, creating significant opportunities for market growth. Rising disposable incomes and changing dietary preferences in countries like China and India are also driving the demand for quality animal products, further boosting the adoption of probiotics in animal feed.
Middle East and Africa, and Latin America are emerging markets for probiotics in animal feed, with increasing investments in animal production and a growing focus on improving productivity and efficiency. These regions are characterized by a shift towards sustainable and natural farming practices, driving the adoption of probiotics as a safe and effective solution to improve animal health and performance. As awareness and acceptance of probiotics in animal feed continue to grow, these regions are expected to offer significant growth opportunities for market players.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Probiotics in Animal Feed Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increased Demand for Natural Growth Promoters
- Focus on Animal Health and Welfare
- Regulatory Support
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Technological Advancements:- Technological advancements play a crucial role in driving the growth of the global probiotics in animal feed market. One key advancement is the development of advanced fermentation technologies, which have led to the production of high-quality probiotics at a lower cost. These technologies enable the production of probiotics in large quantities, meeting the growing demand from the animal feed industry.Another technological advancement is the development of encapsulation technologies, which help improve the stability and viability of probiotics in animal feed.
Encapsulation protects probiotic microorganisms from harsh environmental conditions such as heat, moisture, and pH changes, ensuring their survival until they reach the animal's gut. This has led to the development of more effective probiotic products, driving their adoption in animal feed formulations.
Restraints
- High Cost of Production
- Lack of Awareness and Education
- Regulatory Challenges
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Quality Control and Stability Issues:- Quality control and stability issues pose significant restraints to the growth of the global probiotics in animal feed market. Probiotics are living microorganisms that are sensitive to environmental conditions such as temperature, humidity, and pH. Ensuring the quality and stability of probiotics throughout the production, storage, and transportation processes can be challenging. Variations in manufacturing processes and inadequate quality control measures can lead to inconsistencies in probiotic products, affecting their efficacy and performance in animal feed. Maintaining the viability and stability of probiotics in animal feed formulations is crucial for their effectiveness.
Factors such as improper storage conditions and prolonged exposure to moisture or heat can reduce the viability of probiotics, limiting their ability to confer health benefits to animals. These stability issues can hinder the adoption of probiotics in animal feed, as animal producers may be concerned about the reliability and consistency of probiotic products. Addressing these quality control and stability issues through improved manufacturing practices and formulation technologies is essential for overcoming this restraint and driving the growth of the global probiotics in animal feed market.
Opportunities
- Expansion in Emerging Markets
- Development of Customized Probiotic Solutions
- Expansion of Application Areas
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Research and Development:- Research and development (R&D) presents significant opportunities for the global probiotics in animal feed market. Continued investment in R&D can lead to the discovery of new probiotic strains with enhanced benefits for animal health and performance. By studying the interactions between probiotics and the animal gut microbiota, researchers can identify strains that are more effective in improving digestion, enhancing nutrient absorption, and boosting immune function in animals. These advancements can lead to the development of more targeted and efficient probiotic products, driving their adoption in animal feed.R&D can drive innovation in probiotic delivery systems and formulation technologies.
Developing novel delivery systems that protect probiotic microorganisms from environmental stressors and ensure their targeted delivery to the animal gut can improve the efficacy of probiotics in animal feed. Additionally, research into new formulation technologies can improve the stability and shelf life of probiotic products, making them more practical and cost-effective for animal producers. Overall, investment in R&D can lead to the development of more advanced and effective probiotic solutions, creating new opportunities for growth in the global probiotics in animal feed market.
Competitive Landscape Analysis
Key players in Global Probiotics in Animal Feed Market include
- Alltech Inc.
- Land O'Lakes, Inc.
- Chr. Hansen A/S
- Evonik Industries AG
- Kerry Group plc
- DSM
- Provita Animal Health
- Mitsui & Co. (U.S.A.), Inc.
- Novus International, Inc.
- Lallemand Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Form
- Market Snapshot, By Source
- Market Snapshot, By Region
- Global Probiotics in Animal Feed Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increased Demand for Natural Growth Promoters
- Focus on Animal Health and Welfare
- Regulatory Support
- Technological Advancements
- Restraints
- High Cost of Production
- Lack of Awareness and Education
- Regulatory Challenges
- Quality Control and Stability Issues
- Opportunities
- Expansion in Emerging Markets
- Development of Customized Probiotic Solutions
- Expansion of Application Areas
- Research and Development
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Probiotics in Animal Feed Market, By Type, 2022 - 2032 (USD Million)
- Ruminants
- Poultry
- Global Probiotics in Animal Feed Market, By Form, 2022 - 2032 (USD Million)
- Dry
- Liquid
- Global Probiotics in Animal Feed Market, By Source, 2022 - 2032 (USD Million)
- Bacteria
- Yeast
- Global Probiotics in Animal Feed Market, By Geography, 2022 - 2032 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Probiotics in Animal Feed Market, By Type, 2022 - 2032 (USD Million)
- Competitive Landscape
- Company Profiles
- Alltech Inc.
- Land O'Lakes, Inc.
- Chr. Hansen A/S
- Evonik Industries AG
- Kerry Group plc
- DSM
- Provita Animal Health
- Mitsui & Co. (U.S.A.), Inc.
- Novus International, Inc.
- Lallemand Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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