Probiotics Animal Feed Market Size, Growth, Segmentation and Forecast-2030

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.

Probiotics Animal Feed Market Overview:

The comprehensive market analysis delves into the constantly shifting competitive environment, offering valuable insights into market share data and detailed profiles of prominent global players. By carefully examining the Probiotics Animal Feed Market, the research also explores the key factors driving regional differences in the growth of the Probiotics Animal Feed sector.

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Probiotics Animal Feed Market Dynamic

Increased demand for meat and meat products Applications The global probiotics animal feed market is expanding as a result of consumers' growing emphasis on a protein-rich diet worldwide. The need for mixed feeds is rising across North America, Europe, and Asia Pacific.

The Food and Agriculture Organization (FAO) predicts that by 2035, the demand for food products would climb by 60% while the need for animal protein will increase by 1.7% annually. The main exporters of feed in the country are China, the United States, Brazil, Mexico, Spain, India, and Russia. These nations have seen an increase in the demand for red meat and chicken, which has helped the industry expand.

Probiotics Animal Feed Market Regional Insights

The thorough regional analysis carried out by Probiotics Animal Feed market research precisely identifies market drivers and illuminates’ changes in regional regulations, impacting current and future market trends. By carefully examining both established and emerging trends, the research aims to evaluate the untapped potential within the market and identify profitable trends to improve market positioning. This assessment, covering the current landscape and anticipated developments, forms the basis for understanding the dynamics of geographical markets.

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Probiotics Animal Feed Market Segmentation

by Form

Dry
Liquid

by Source

Yeast and Fungi
Bacteria

by Application

Poultry
Swine
Ruminants
Aquaculture
Pets
Others

The global probiotics animal feed market is divided into several segments based on application, including ruminant, poultry, aquaculture, and swine. According to estimates, the poultry segment would hold the biggest proportion of the global probiotics animal feed market in 2023. In 2023, the application of broiler feed grew at the fastest rates in Africa (about 10%) and Europe (around 7%). As a result, the poultry industry saw a sharp increase in demand for probiotic animal feed. 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.

Probiotics Animal Feed Market Key Players

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.
13. Fritz Industries, Inc.
14. General Mills, Inc.
15. Groupe Danone
16. Lallemend Health Co.Ltd.
17. Mother Dairy
18. Nebraska Cultures Inc.
19. Nestle S.A.
20. Royal DSM N.V.
21. Specialty Enzymes & Biotechnologies Co.
22. United tech Inc.

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Probiotics Animal Feed Market Scope: 

Following the market valuation phase, we embarked on an exhaustive primary research endeavor to gather, analyse, and validate crucial data. This encompassed evaluating market size, forecasting, identifying key drivers, and cross-referencing data during statistical analysis. Employing both top-down and bottom-up methodologies, alongside other validation techniques, we meticulously scrutinized market segments and sub-segments outlined in this study. All collated data underwent rigorous qualitative and quantitative analysis to ensure the provision of robust insights in the report.

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Key questions answered in the Probiotics Animal Feed Market are:

  • What is Probiotics Animal Feed?
  • What is the growth rate of the Probiotics Animal Feed Market?
  • Which are the factors expected to drive the Probiotics Animal Feed market growth?
  • What are the different segments of the Probiotics Animal Feed Market?
  • What growth strategies are the players considering to increase their presence in Probiotics Animal Feed?
  • What are the upcoming industry applications and trends for the Probiotics Animal Feed Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Probiotics Animal Feed Market?
  • Who are the leading companies and what are their portfolios in Probiotics Animal Feed Market?
  • What segments are covered in the Probiotics Animal Feed Market?
  • Who are the key players in the Probiotics Animal Feed market?

Key Offerings:

  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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