Probiotics Animal Feed Market Insights Unveiled:
Probiotics are bacteria that strengthen livestock's immune systems and offer health advantages when taken in the right amounts. The demand for premium animal applications and growing consumer awareness of animal health issues are driving growth in the feed probiotics market. Probiotic consumption offers several advantages to animals, including as bolstering their immune systems and supporting their digestive systems, as well as reducing their reliance on antibiotics. A growing number of people are consuming more meat, poultry, eggs, and beef, which has increased regulatory scrutiny and led to the rejection of farm animals fed antibiotics. Using regulatory frameworks, leading firms are effectively breaking into the antibiotic-led animal feed market with probiotic-based feeds.
Probiotics are bacteria that strengthen livestock's immune systems and offer health advantages when taken in the right amounts. The demand for premium animal applications and growing consumer awareness of animal health issues are driving growth in the feed probiotics market. Probiotic consumption offers several advantages to animals, including as bolstering their immune systems and supporting their digestive systems, as well as reducing their reliance on antibiotics. A growing number of people are consuming more meat, poultry, eggs, and beef, which has increased regulatory scrutiny and led to the rejection of farm animals fed antibiotics. Using regulatory frameworks, leading firms are effectively breaking into the antibiotic-led animal feed market with probiotic-based feeds.
Anticipated Growth in Revenue:
Probiotics Animal Feed Market is expected to reach US$ 7.45 Bn. by 2030 from US$ 4.21 Bn in 2023 at CAGR of 8.5 % during forecast period of 2024 to 2030.
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Unleashing the Market's Potential:
An increase in the market demand for meat The global probiotics animal feed market is expanding as a result of applications and consumers' growing awareness of the benefits of a protein-rich diet worldwide. The need for diversified feeds is rising in Europe, Asia Pacific, and North America.
The Food and Agriculture Organisation (FAO) projects that by 2035, the demand for food products would climb by 60% while the need for animal protein will rise by 1.7% annually. Top feed exporters in the country are China, the US, Brazil, Mexico, Spain, India, and Russia. These nations have seen an increase in the demand for red meat and poultry, which has helped the industry expand. The probiotics animal feed international quality standards and regulations .
Segmentation: The Art of Unveiling
by Product Type
Bacteria
Yeast
Fungi
The global probiotics animal feed market is divided into three segments based on application product type: fungi, yeast, and bacteria. Bacteria can be further classified as Bifidobacterium, Lactobacillus, Streptococcus, and other subtypes. Together, Lactobacillus and Bifidobacterium account for 60% of the market for probiotics in animal feed worldwide. The second-highest subsegment, yeast, owned 38% of the market in 2023. The findings showed that the intestines of healthy animals contained high concentrations of lactobacilli or bifidobacteria, but significantly fewer in the cases of stressed or weaker animals. Lactobacilli stimulated growth and boosted feed intake by dramatically reducing intestinal and faecal beta-glucuronidase and faecal beta-glucosidase, while also significantly boosting the levels of amylase in the small intestine.
by Application
Poultry
Swine
Ruminant
Aquaculture
The global probiotics animal feed market is divided into segments based on application, including aquaculture, ruminant, swine, and poultry. In the global probiotics animal feed animal market, poultry is predicted to hold the greatest share in 2023. In 2023, grill feed application grew at the fastest rate in Africa, at almost 10%, and in Europe, at 7%. As a result, the need for probiotic-containing animal feed in the chicken industry skyrocketed. China and Brazil are predicted to have the highest poultry application rates due to their higher living standards, cheaper application costs, and significant export demand in addition to domestic consumption.
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Key Players: Masters of the Market Arena
1. Koninklijke DSM N.V.
2. Alltech, Inc.
3. Chr. Hansen Holding A/S
4. Evonik Industries AG
5. Adisseo France SAS
6. Lallemand Inc.
7. Novus International, Inc.
8. Calpis Co., Ltd.
9. Aquabio Environmental Technologies, Inc.
10. Arla Foods
11. E.I. Du Pont De Nemours and Company
12. Epicore BioNEtworks Inc.
Regional Revelations
Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.
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Enter the sanctuary of the market report to unveil the sacred answers that elude curious minds:
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Key Offerings - The Bountiful Treasures
- Bestow upon your quest the treasure map, leading to Market Share, Size, and Revenue Forecast| 2022-2029.
- Equip yourself with the magic key - Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends.
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