Probiotics are widely used in animal feed, particularly in the production of pigs and poultry, as growth and health stimulants. Probiotics are sometimes referred to as "a live microbial feed additive that benefits the host animal by improving intestinal equilibrium." Probiotics are beneficial bacteria that live in the intestine. Billions of these bacteria (and some yeast) live in the gastrointestinal systems of animals. These beneficial gut bacteria regulate the internal environment, preventing illness and promoting health. This probiotics in animal feed market report includes segment analysis by source, livestock, form, and region.
Probiotics in Animal Feed Market Scope:
The Probiotics in Animal Feed market is segmented in this Stellar Market Research report based on manufacturers, regions, product types, and application areas. A market's size can be calculated using its value, output, and consumption. This Stellar Market Research (SMR) report discusses distribution channels, Porter's Five Forces Report, market share, size, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers, among other things.
Probiotics in Animal Feed Market Overview:
The SMR Probiotics in Animal Feed Market report investigates the historical and projected growth of the upstream, midstream, and downstream industries. The market research study goes into great detail about the overall market size, revenue, and market segmentation. The SMR research takes into account a wide range of factors, including current market competition, potential growth barriers, key manufacturer profiles, and production and consumption by relevant areas.
Probiotics in Animal Feed Market size was valued at US$ 4.40 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 8.8% through 2021 to 2027, reaching nearly US$ 7.94 Bn.
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Probiotics in Animal Feed Market Drivers:
Compound feeds are in high demand in Asia Pacific, North America, and Europe, owing to strong demand for meat and meat products and a growing awareness among consumers worldwide of the importance of protein-rich diets. According to the Food and Agriculture Organisation (FAO), demand for food products will rise by 60% by 2050, while demand for animal protein will rise by 1.7% per year. The world's leading feed producers are China, the United States, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat in these countries has been increasing, which has contributed to the growth of the probiotics in animal feed market.
Probiotics in Animal Feed Market Segmentation:
Compound feeds are in high demand in Asia Pacific, North America, and Europe, owing to strong demand for meat and meat products and a growing awareness among consumers worldwide of the importance of protein-rich diets. According to the Food and Agriculture Organisation (FAO), demand for food products will rise by 60% by 2050, while demand for animal protein will rise by 1.7% per year. The world's leading feed producers are China, the United States, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat in these countries has been increasing, which has contributed to the growth of the probiotics in animal feed market.
According to the source, the probiotics in animal feed market is divided into Bacteria, Yeast, and Fungi. Lactobacilli, Streptococcus thermophilus, and Bifidobacterium are some of the most commonly used bacterial strains in the animal feed industry. Many health benefits, such as improved intestinal health, increased production, and animal immunity, are attributed to the high profitability.
The probiotics in animal feed market is divided into two types: dry and liquid. Dry probiotics are preferred over liquid probiotics because they are easier to transport and have a longer shelf life. These are common in cattle, swine, and poultry feed. Because of their higher moisture content, liquid probiotics are also more susceptible to contamination, which may result in undesirable culture.
Key Players:
Du Chr. Hansen (Denmark)
Koninklijke DSM N.V. (Netherlands)
DuPont (US)
Evonik Industries (Germany)
Land O'Lakes (US)
Mitsui & Co., Ltd. (Japan)
Ohly (Denmark)
Lesaffre (France)
Alltech (US)
Novozymes (Denmark)
Calpis Co., Ltd. (Japan)
Unique Biotech (India)
Pure Cultures (US)
The SMR report also includes company profiles, product images and specifications, output and capacity figures, pricing and cost information, revenue information, and contact information for the Probiotics in Animal Feed market's leading players. It investigates the specifications for raw materials, machinery, and upstream and downstream processes.
Probiotics in Animal Feed Market Regional Analysis:
The Middle East and Africa, South America, North America, Asia Pacific, and Europe are the market's five geographical regions. Stellar Market Research covers all market sub-segments as well as major geographic divisions. In this SMR report, we investigate regional evolution in terms of market size, share, and volume. This Stellar Market Research Probiotics in Animal Feed industry report includes data, geographic breakdowns, and revenue, as well as an in-depth analysis of business chain structures, opportunities, and the most recent market news.
Key Questions answered in the Probiotics in Animal Feed Market Report are:
- Which product segment is expected to hold the largest share in the Probiotics in Animal Feed market?
- How is the competitive scenario of the Probiotics in Animal Feed market?
- Which are the key factors aiding the Probiotics in Animal Feed market growth?
- Which region holds the maximum share in the Probiotics in Animal Feed market?
- What is the expected CAGR of the Probiotics in Animal Feed market during the forecast period 2022-2029?
- Which application segment emerged as the leading segment in the Probiotics in Animal Feed market?
- Which are the major key players in the Probiotics in Animal Feed market?
- What key trends are expected to emerge in the Probiotics in Animal Feed market in the forecast period?
- What will be the Probiotics in Animal Feed market size by 2029?
- Which company held the largest share in the Probiotics in Animal Feed market?
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