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Add to CartGlobal Probiotics in Swine Feed Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Source;
Bacteria and Yeast and Fungi.By Sales Channel;
Modern Trade, Specialty Stores, Online Stores, Convenience Stores and Direct Sales.By Form;
Dry and Liquid.By Function;
Nutrition, Gut Health, , Yield, Immunity and Productivity.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Probiotics in Swine Feed Market (USD Million), 2020 - 2030
In the year 2023, the Global Probiotics in Swine Feed Market was valued at USD 1,451.83 million. The size of this market is expected to increase to USD 2,477.07 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.
The Global Probiotics in Swine Feed Market is experiencing rapid growth driven by the increasing recognition of probiotics as essential additives for optimizing swine health and productivity. Probiotics, which consist of beneficial microorganisms, have gained significant traction in the swine industry due to their ability to enhance digestive efficiency, bolster immune function, and promote overall swine well-being.
As swine producers face mounting pressure to improve production efficiency and meet the rising demand for high-quality pork products, the adoption of probiotics in swine feed formulations has become increasingly prevalent.Moreover, the escalating concerns regarding the use of antibiotics in livestock production and their potential impact on human health have further propelled the demand for probiotics in swine feed.
With regulatory bodies imposing stricter regulations on antibiotic use and consumers expressing growing preference for antibiotic-free meat products, swine producers are turning to probiotics as natural alternatives for promoting swine health and reducing the need for antibiotics. As a result, the Global Probiotics in Swine Feed Market is witnessing significant growth as producers prioritize sustainable and environmentally-friendly farming practices while meeting the evolving demands of consumers for safe and high-quality pork products.
Global Probiotics in Swine Feed Market Recent Developments & Report Snapshot
Recent Developments:
- In 15th December, 2022 Adisseo announced that it will be acquiring Nor-Feed. This investment is a key step for Adisseo in its strategy of developing specialty ingredients, and its ambition to make Nor Feed a French leader in functional plant extracts for animal nutrition.
- In May 2021, The U.S. Food and Drug Administration (FDA) responded with a letter of no objection to Cargill’s GRAS (Generally Recognized as Safe) notification for EpiCor® postbiotic use in certain foods and beverages. Consumers are becoming more aware of product ingredients and safety. The U.S. Food and Drug Administration (FDA) responded with a letter of no objection, which will help Cargill gain customer credibility and trust.
| Parameters | Description |
|---|---|
| Market | Global Probiotics in Swine Feed Market |
| Study Period | 2020 - 2030 |
| Base Year (for Probiotics in Swine Feed Market Size Estimates) | 2023 |
| Drivers |
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| Restraints |
|
| Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Probiotics in Swine Feed Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments.
The segment analysis of the Global Probiotics in Swine Feed Market reveals diverse trends and opportunities across various categories. In terms of source, the market is segmented into bacteria and yeast/fungi. Bacteria-based probiotics dominate the market due to their widespread application in promoting gut health, enhancing nutrient absorption, and bolstering immune function in swine. However, yeast and fungi-based probiotics are also gaining traction, particularly for their ability to improve feed efficiency and overall swine performance.
This segment is expected to witness significant growth driven by ongoing research and development efforts aimed at enhancing the efficacy of yeast and fungi-based probiotics in swine feed formulations.In terms of sales channels, the market is segmented into modern trade, specialty stores, online stores, convenience stores, and direct sales. The increasing accessibility of probiotic products through online platforms is driving sales growth, offering convenience and a wide range of product options to swine producers.
Additionally, the direct sales channel remains a significant distribution channel, particularly for large-scale swine producers and integrators seeking customized probiotic solutions tailored to their specific needs. Furthermore, specialty stores cater to niche markets with specialized probiotic products, while modern trade channels serve as key distribution points for mainstream probiotic offerings. As the demand for probiotics in swine feed continues to rise, sales through these various channels are expected to contribute to market expansion globally.
Global Probiotics in Swine Feed Segment Analysis
In this report, the Global Probiotics in Swine Feed Market has been segmented by Source, Sales Channel, Form, Function and Geography.
Global Probiotics in Swine Feed Market, Segmentation by Source
The Global Probiotics in Swine Feed Market has been segmented by Source into Bacteria and Yeast and Fungi.
The segmentation of the Global Probiotics in Swine Feed Market by source provides valuable insights into the types of microorganisms utilized in swine feed formulations. The market is divided primarily into bacteria and yeast/fungi as sources of probiotics. Bacteria-based probiotics, such as lactobacilli and bifidobacteria, are widely used in swine feed due to their ability to positively influence gut health, enhance nutrient absorption, and support overall swine well-being.
These bacteria help maintain a balanced microbial ecosystem in the swine gut, leading to improved digestion, reduced incidence of digestive disorders, and ultimately, higher productivity in swine production.On the other hand, yeast and fungi-based probiotics are also gaining traction in the swine feed market.
Yeast-based probiotics, particularly strains of Saccharomyces cerevisiae, have been shown to improve nutrient utilization, boost immune function, and enhance growth performance in swine. Fungi-based probiotics, such as Aspergillus oryzae, offer similar benefits by aiding in the breakdown of complex carbohydrates and promoting gut health. As swine producers seek effective solutions to optimize feed efficiency and animal health, both bacteria and yeast/fungi-based probiotics play crucial roles in driving growth and innovation in the global probiotics in swine feed market.
Global Probiotics in Swine Feed Market, Segmentation by Sales Channel
The Global Probiotics in Swine Feed Market has been segmented by Sales Channel into Modern Trade, Specialty Stores, Online Stores, Convenience Stores and Direct Sales.
The segmentation of the Global Probiotics in Swine Feed Market by sales channel offers insights into the diverse avenues through which probiotic products are distributed and sold to swine producers worldwide. Modern trade channels, encompassing large supermarkets and hypermarkets, are expected to hold a significant share of the market. These outlets provide convenience and accessibility to a wide range of probiotic products, catering to the needs of both large-scale swine producers and individual farmers seeking quality feed additives.
Specialty stores represent another important sales channel for probiotics in swine feed, offering a curated selection of products tailored to the specific requirements of swine producers. These stores often provide expertise and personalized recommendations, catering to the niche market of livestock farmers who prioritize optimal nutrition and health for their swine. Online stores have also emerged as a prominent sales channel, especially in regions with a high level of internet penetration.
The convenience of online shopping and the ability to access a diverse range of probiotic products from various manufacturers contribute to the growing popularity of this sales channel among swine producers. Additionally, convenience stores and direct sales channels play a role in catering to the needs of smaller-scale swine producers, offering accessibility and personalized service for procuring probiotics in swine feed formulations. Overall, the segmentation by sales channel highlights the diverse distribution landscape of the global probiotics in swine feed market, catering to the varied preferences and requirements of swine producers across different regions.
Global Probiotics in Swine Feed Market, Segmentation by Form
The Global Probiotics in Swine Feed Market has been segmented by Form into Dry and Liquid.
The segmentation of the Global Probiotics in Swine Feed Market by form offers insights into the various types of probiotic formulations utilized in swine feed and their respective market trends. The market is segmented into dry and liquid forms of probiotics, each offering unique advantages and applications in swine nutrition. Dry probiotics are typically preferred for their ease of handling, storage, and transportation, making them suitable for large-scale swine production operations.
These formulations can be conveniently mixed into feed formulations and are known for their extended shelf life, ensuring optimal viability of probiotic strains until consumption by swine.On the other hand, liquid probiotics offer advantages in terms of ease of application and potentially faster absorption by swine due to their liquid form.
Liquid probiotics are often administered via drinking water or added directly to feed, providing a versatile and efficient delivery method for ensuring swine receive beneficial microorganisms. Additionally, liquid probiotics may offer greater flexibility in dosage adjustment and formulation customization, catering to the specific needs of swine at different stages of growth and production. Overall, the segmentation by form highlights the diverse range of probiotic options available to swine producers, reflecting the industry's ongoing efforts to optimize swine nutrition and health for enhanced productivity and sustainability.
Global Probiotics in Swine Feed Market, Segmentation by Function
The Global Probiotics in Swine Feed Market has been segmented by Function into Nutrition, Gut Health,, Yield, Immunity and Productivity.
The segmentation of the Global Probiotics in Swine Feed Market by function provides a comprehensive overview of the various roles probiotics play in swine nutrition and health. These functions include nutrition enhancement, gut health improvement, yield optimization, immunity reinforcement, and productivity enhancement. Probiotics serve as valuable supplements in swine feed formulations to improve nutrient absorption, leading to better growth rates and overall health of the animals.
By enhancing nutrient utilization efficiency, probiotics contribute to maximizing the nutritional value of feed, ultimately resulting in improved swine performance and productivity.Additionally, probiotics play a crucial role in maintaining gut health in swine by promoting a balanced microbial ecosystem in the digestive tract. By inhibiting the growth of harmful pathogens and supporting the proliferation of beneficial bacteria, probiotics help prevent digestive disorders and improve feed digestion and absorption.
Probiotics can boost swine immunity by modulating the immune response and enhancing the animals' resistance to diseases. As swine producers seek to optimize production efficiency and meet the growing demand for high-quality pork products, the adoption of probiotics targeted at improving nutrition, gut health, immunity, and productivity is expected to drive significant growth in the Global Probiotics in Swine Feed Market.
Global Probiotics in Swine Feed Market, Segmentation by Geography
In this report, the Global Probiotics in Swine Feed Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
The segmentation of the Global Probiotics in Swine Feed Market by geography provides valuable insights into regional trends and opportunities shaping the market landscape across different continents. North America, as a mature market for swine production, is anticipated to maintain a significant share in the global market. Factors such as advanced farming practices, strong regulatory frameworks, and increasing consumer demand for antibiotic-free pork products are driving the adoption of probiotics in swine feed formulations in this region.
Moreover, ongoing research and development efforts aimed at enhancing probiotic formulations tailored to the specific needs of North American swine producers further contribute to market growth.In contrast, the Asia Pacific region emerges as a key growth market for probiotics in swine feed, fueled by the rapid expansion of the swine industry in countries such as China, Vietnam, and Thailand.
Rising disposable incomes, urbanization, and changing dietary preferences are driving the demand for pork products, leading swine producers to invest in technologies and additives such as probiotics to optimize production efficiency and meet the growing consumer demand. Additionally, initiatives aimed at reducing antibiotic usage in livestock farming and improving animal welfare standards are expected to further drive the adoption of probiotics in swine feed across the Asia Pacific region, positioning it as a significant contributor to the global probiotics in swine feed market growth.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Probiotics in Swine Feed Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rise in the production of compound feed
- Increasing incidences of intestinal diseases among livestock species
- Rising concerns regarding animal health
- Growing awareness about the benefits of probiotics
- Increasing demand for animal-based products:The Global Probiotics in Swine Feed Market is witnessing a significant driver in the form of increasing demand for animal-based products. As global populations continue to grow, there is a parallel rise in demand for protein-rich diets, including pork and other swine-derived products. This escalating demand places considerable pressure on swine producers to optimize production efficiency and enhance the quality of their livestock. Probiotics offer a natural and sustainable solution to address these challenges by improving swine health, growth rates, and feed conversion efficiency. By enhancing nutrient absorption, bolstering immune function, and promoting digestive health, probiotics contribute to overall swine well-being, ultimately leading to higher yields of quality pork products to meet the burgeoning demand.
The growing awareness among consumers regarding the importance of animal welfare and sustainable farming practices is driving the adoption of probiotics in swine feed. As consumers increasingly seek out products that are produced using environmentally-friendly and ethical methods, swine producers are under pressure to minimize the use of antibiotics and other chemical additives in feed formulations. Probiotics offer a viable alternative, allowing producers to maintain animal health and productivity while reducing reliance on antibiotics. Consequently, the increasing demand for animal-based products is fueling the growth of the global probiotics in swine feed market as producers strive to meet consumer expectations for high-quality, sustainably-produced pork products.
Restraints:
- Implementation of stringent norms and quality standards by government
- Supply chain disruptions will pose a threat
- Implementation of stringent norms and quality standards by government
- High cost of R&D activities will act a market restrain:In the Global Probiotics in Swine Feed Market, a significant restraint arises from the high cost associated with research and development (R&D) activities. Developing effective probiotic formulations tailored to swine feed requires substantial investment in R&D efforts, including scientific studies, clinical trials, and formulation optimization. These activities entail expenses related to research personnel, laboratory equipment, and testing protocols, contributing to the overall cost burden for probiotic manufacturers and suppliers.
The complexity of swine gastrointestinal systems and the need for precise dosing and delivery mechanisms further amplify the R&D costs associated with developing probiotics for swine feed applications.The high cost of R&D activities presents a barrier to entry for smaller players in the market, limiting competition and innovation within the probiotics in swine feed segment. Additionally, the cost-intensive nature of R&D endeavors can lead to higher product prices, potentially deterring widespread adoption among swine producers, especially in regions with stringent cost considerations. Consequently, addressing the challenge of high R&D costs through collaborative research efforts, technological advancements, and efficient manufacturing processes is essential for overcoming this restraint and unlocking the full potential of probiotics in enhancing swine health and productivity.
Opportunities:
- Rising Demand for Antibiotic Alternatives
- Expanding Swine Production
- Market Expansion in Emerging Economies
- Rise in number of strategic collaborations:The Global Probiotics in Swine Feed Market is witnessing a significant opportunity in the form of a rise in the number of strategic collaborations among key industry players. As the demand for probiotics in swine feed continues to grow, companies are increasingly recognizing the benefits of collaborating with each other to leverage complementary strengths, expand market reach, and accelerate product development. Strategic collaborations enable companies to pool resources, share expertise, and access new technologies, facilitating the development of innovative probiotic formulations tailored to the specific needs of swine producers.
Partnerships and alliances allow companies to tap into each other's distribution networks and customer bases, enabling broader market penetration and increased sales opportunities.Strategic collaborations offer companies the opportunity to access new markets and regions where they may not have had a strong presence previously. By partnering with local distributors or entering into joint ventures with regional players, companies can overcome barriers to entry, navigate regulatory complexities, and gain a foothold in emerging markets. Additionally, collaborations with research institutions and academia enable companies to stay at the forefront of scientific advancements in probiotics research, ensuring the development of effective and scientifically validated products. Overall, the rise in strategic collaborations presents a promising avenue for companies in the global probiotics in swine feed market to drive growth, foster innovation, and capitalize on emerging opportunities in the industry.
Competitive Landscape Analysis
Key players in Global Probiotics in Swine Feed Market include:
- Chr. Hansen A/S
- DowDuPont Inc.
- Evonik Industries AG
- Kerry Group plc
- Koninklijke DSM N.V.,
- Land O'Lakes, Inc.
- Lesaffre
- Mitsui & Co., Ltd.
- Novozymes A/S
- Schouw & Co.
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 Source
- Market Snapshot, By Sales Channel
- Market Snapshot, By Form
- Market Snapshot, By Function
- Market Snapshot, By Region
- Global Probiotics in Swine Feed Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rise in the production of compound feed
- Increasing incidences of intestinal diseases among livestock species
- Rising concerns regarding animal health
- Growing awareness about the benefits of probiotics
- Increasing demand for animal-based products
- Restraints
- Implementation of stringent norms and quality standards by government
- Supply chain disruptions will pose a threat
- Implementation of stringent norms and quality standards by government
- High cost of R&D activities will act a market restrain
- Opportunities
- Rising Demand for Antibiotic Alternatives
- Expanding Swine Production
- Market Expansion in Emerging Economies
- Rise in number of strategic collaborations
- 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 Swine Feed Market, By Source, 2020 - 2030 (USD Million)
- Bacteria
- Yeast and Fungi
- Global Probiotics in Swine Feed Market, By Sales Channel, 2020 - 2030 (USD Million)
- Modern Trade
- Specialty Stores
- Online Stores
- Convenience Stores
- Direct Sales
- Global Probiotics in Swine Feed Market, By Form, 2020 - 2030 (USD Million)
- Dry
- Liquid
- Global Probiotics in Swine Feed Market, By Function, 2020 - 2030 (USD Million)
- Nutrition
- Gut Health
- Yield
- Immunity
- Productivity
- Global Probiotics in Swine Feed Market, By Geography, 2020 - 2030 (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 Swine Feed Market, By Source, 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- Chr. Hansen A/S
- DowDuPont Inc.
- Evonik Industries AG
- Kerry Group plc
- Koninklijke DSM N.V.,
- Land O'Lakes, Inc.
- Lesaffre
- Mitsui & Co., Ltd.
- Novozymes A/S
- Schouw & Co.
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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