The global probiotics in animal feed market size is anticipated to grow from USD 4.6 billion in 2023 to USD 7.1 billion in 2028, at a compound annual growth rate (CAGR) of 9.1%. Owing to the increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America.
Probiotics in Animal Feed Industry Overview
The use of probiotics in the animal feed market industry has gained significant attention in recent years. Probiotics are beneficial microorganisms, primarily bacteria and yeast, that provide various health benefits to animals when included in their diet. These microorganisms promote a balanced microbial community in the gastrointestinal tract, positively influencing the overall health and performance of the animals.
Key Benefits of Probiotics in Animal Feed:
- Improved Digestive Health: Probiotics enhance the balance of the gut microflora, promoting better digestion and nutrient absorption. This leads to improved overall digestive health in animals.
- Enhanced Immune Function: Probiotics play a crucial role in supporting the immune system of animals. A healthy gut microbiota contributes to a stronger defense against pathogens and diseases.
- Optimized Nutrient Utilization: Probiotics aid in the breakdown of complex nutrients, making them more accessible for absorption. This can result in better feed efficiency and improved growth rates.
- Reduction of Pathogenic Microorganisms: Probiotics compete with harmful bacteria for resources and attachment sites in the gut, reducing the presence of pathogens and lowering the risk of infections.
- Stress Management: Animals often experience stress due to factors like transportation, changes in environment, or disease challenges. Probiotics can help mitigate the negative effects of stress by supporting a stable gut environment.
- Application in Animal Feed: Probiotics are commonly incorporated into animal feed in various forms, including powders, liquids, and granules. The choice of probiotic strains and their concentrations depends on the target species and the desired outcomes. Livestock such as poultry, swine, cattle, and aquaculture species all benefit from the inclusion of probiotics in their diets.
- Challenges and Considerations: While the benefits of probiotics are well-established, challenges exist in terms of stability during feed processing, compatibility with other feed additives, and the need for proper storage conditions. Additionally, research continues to identify the most effective probiotic strains for different animal species and production systems.
- Regulatory Landscape: Regulations regarding the use of probiotics in animal feed vary by region. It’s important for feed manufacturers to comply with local regulatory requirements and ensure that the selected probiotic strains are approved for use in animal feed.
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Asia Pacific is expected to dominate the market during the forecast period
Countries such as China, India, Japan, Australia, New Zealand, and the rest of the Asia Pacific have been considered in this study. Some of the factors contributing to the high demand for the market in the Asia-Pacific region include a growing population, a rise in disposable incomes, and rapid urbanization. Increasing demand for meat and animal products among the growing population of the Asia Pacific region along with the rising affluence in the region, resulted in high consumption of meat products. This has also resulted in intensified livestock production for meat, which in turn drives the need for improved animal health and performance.
The growth of the meat industry in developing economies such as India and China, as well as the increased consumption of quality meat products, are primary drivers for the Asian market. Augmented concern over livestock diseases and outbreaks of infections has further highlighted the importance of animal health and wellness to ensure the safety of end users. The advent of globalization and urbanization has caused a shift in consumer preferences, where consumers opt for nutritious, quality food products and like to experiment with food choices. These factors are expected to continue in the coming years, driving demand for probiotics in the animal feed market.
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Top Companies in Probiotics in Animal Feed Market:
- ADM (US)
- International Flavors & Fragrances Inc. (US)
- CHR. HANSEN HOLDING A/S (Denmark)
- Evonik Industries AG (Germany)
- Land O’Lakes (US)
- DSM (Netherlands)
- Ohly (Germany)
- Novozymes (Denmark)
- Alltech (US)
- Kemin Industries, Inc. (US)
