Animal Feed Probiotics Market: Projected to Reach $12 Billion by 2032 with a 9.1% CAGR

 The global animal feed probiotics market share is on the verge of significant expansion, with an anticipated Compound Annual Growth Rate (CAGR) of 9.1%. This growth trajectory is poised to raise the market's value from its current $5 billion to a substantial $12 billion by the conclusion of 2032.

Probiotics, encompassing beneficial bacteria, yeast, and fungi, offer a diverse range of health benefits. They fortify the immune system against a multitude of diseases and enhance the efficiency of vital immunological processes. Probiotics promote digestive well-being, support digestion, and expedite crucial biological digestive functions. Consequently, probiotics are widely integrated as essential components in animal feed products.

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Key Takeaways

• Direct sales to be the most effective sales channel for animal feed probiotics, followed modern trade
• Dry form probiotics expected to hold larger market share compared to liquid form
• China is expected to be the largest market for animal feed probiotics, followed by India
• Germany to spearhead the animal feed probiotics European market, followed by France
• United States is expected to generate high demand for meat and related products, dominating North American animal feed probiotics market
• In terms of source, lactobacillus bacteria is expected to dominate the segment
• Under non-bacteria, yeast is estimated to be the largest share holder

Competitive Landscape:

Prominent manufacturers of animal feed probiotics are concentrating on releasing effective and novel products at reasonable rates to gain a greater portion of the global animal feed probiotics market.

Researchers also play an essential role in the global market as many major businesses collaborate with researchers to produce more efficient animal feed probiotics. Market participants are also attending global events and conferences to promote their products to prospective clients.

• A team of academics at Kazan Federal University in Russia stated in July 2022 that they are mixing agricultural minerals with probiotics to produce a new category of feed additives called synbiotics. These probiotics for animal feed are expected to be healthier and more eco-friendly than current probiotics.
• Terragen, an Australian firm, displayed its products at the International Greenhouse Gas and Animal Agriculture Conference in the United States in July 2022. The company displayed its product, MYLO, a probiotic that boosts productivity in dairy cows.

Market Titans

• Chr. Hansen Holding A/S
• Nestle SA
• Adisseo France SAS
• Novus International, Inc.
• Calpis Co., Ltd.
• Lallemand Inc.
• DuPont Company
• Evonik Industries AG
• Koninklijke DSM N.V.
• Kerry Group plc
• Alltech, Inc.
• Lesaffre et Compagnie, SA,
• Pure Cultures LLC

Why are Sales of Animal Feed Probiotics Set to Grow Swiftly?

Evolving Awareness and Concerns Regarding Animal Welfare and Health

Significant shifts in global dietary preferences and consumption patterns have been observed, including a notable increase in the consumption of dairy and meat products.

The rising demand for animal-derived products, such as meat, dairy, and various non-food items, has generated an increased need for animal feed probiotics, thereby fostering growth in the global market.

Global food demand has surged due to rapid population growth. Consumers are increasingly health-conscious, placing a premium on nutrient-rich diets provided to animals through enhanced feed products.

Advancements and Innovations in the Feed Industry

Innovation has emerged as a pivotal focus within the feed industry, particularly concerning additives. Regulatory bodies like the Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) remain actively engaged in research and the discovery of sustainable feed additives.

The Growing Utilization of Probiotics as Antibiotic Alternatives

Probiotics, encompassing live yeasts and bacteria, offer a wide array of health benefits. They replenish and maintain a healthy balance of beneficial bacteria in the digestive system, serving as an effective and safe alternative to antibiotics.

According to the Natural Resources Defense Council, antibiotic resistance results in over 2.5 million illnesses and between 40,000 and 170,000 animal fatalities annually in the United States.

To effectively combat antibiotic resistance, alternative control and management approaches are essential. The increasing demand for eco-friendly treatments to mitigate antibiotic-resistant illnesses in animals has driven the demand for probiotics.

Segmentation of Animal Feed Probiotics Industry Research:

·         By Source :

• Bifidobacterium
• Lactobacillus
• Bacillus
• Enterococcus
• Streptococcus
• Pediococcus
• Saccharomyces
• Propionibacterium
• Yeast
• Others

·         By Animal :

• Companion Animals
• Poultry
• Cattle
• Swine
• Aquaculture
• Other Animals

·         By Form :

• Liquid
• Dry

·         By Sales Channel :

• Modern Trade
• Specialty Stores
• Online Retailers
• Convenience Stores
• Direct Sales

·         By Region :

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Key Questions Covered in the Report

• What are the key factors driving animal feed probiotics market?
• Why China is a leading animal feed probiotics market?
• How is demand for animal feed probiotics market rising?
• Which is the most preferred sales channel for animal feed probiotics market?
• What are the key challenges faced by animal feed probiotics manufacturers?
• What is the impact of Covid-19 on animal feed probiotics market?

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