Probiotics in Animal Feed Market to Grow with a CAGR of 7.09% through 2028

According to TechSci Research report, “Probiotics in Animal Feed Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Probiotics in Animal Feed Market stood at USD 3.90 billion in 2022 and is anticipated to grow with a CAGR of 7.09% in the forecast period, 2024-2028. The awareness among individuals regarding Probiotics in Animal Feed has led to favorable market conditions for the global Probiotics in Animal Feed market. Several factors contribute to the growth of various Probiotics in Animal Feed products.

The global probiotics in animal feed market is the rising demand for animal protein products such as meat, milk, and eggs. As the global population continues to grow and consumer preferences shift toward higher protein diets, the livestock and poultry industries are under pressure to increase production. Probiotics can improve the efficiency of animal digestion and nutrient absorption, leading to enhanced growth rates and production yields. This increased demand for animal protein has led to a corresponding surge in the use of probiotics to optimize animal health and productivity.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Probiotics in Animal Feed Market”

There is a growing emphasis on animal health and welfare, driven by both regulatory requirements and consumer preferences. Probiotics play a crucial role in promoting animal well-being by supporting a balanced gut microbiome. A healthy gut microbiome can reduce the need for antibiotics and other pharmaceuticals, which is becoming increasingly important due to concerns about antibiotic resistance. Additionally, consumers are becoming more conscious of the conditions in which animals are raised, which has created a market for products that improve animal health without relying on antibiotics, which will further fuel market growth.

In October 2023, IFF announces that it has been awarded the 2023 Supplier Sustainability Leadership Award by CDP, a non-profit organization that rates companies on their environmental impact.

Several countries and regions have implemented regulations to restrict the use of antibiotics in animal feed due to concerns about antimicrobial resistance and human health. This regulatory shift has prompted livestock producers to seek alternative solutions for maintaining animal health and growth. Probiotics have emerged as a viable and eco-friendly alternative to antibiotics, and their use has gained support from regulatory bodies. In some cases, governments offer incentives for adopting probiotics in animal farming, further driving market growth.

In today's fast-paced world, Probiotics, when incorporated into animal feed, promote a balanced and healthy gut microbiome. This optimization of the digestive system enhances nutrient absorption and utilization, leading to improved feed efficiency. In a world where efficient resource utilization is critical, probiotics help maximize the nutritional value of feed, contributing to faster growth rates and increased production yields. With concerns about antibiotic resistance and the need for responsible antibiotic use, probiotics offer a natural alternative to antibiotics in animal farming. Probiotics support animal health by promoting a balanced immune system and preventing the overgrowth of harmful bacteria in the digestive tract. This reduction in antibiotic use aligns with global efforts to address antimicrobial resistance, ensuring the sustainability of animal agriculture. The fast-paced nature of modern animal farming often involves high-density production systems and rapid growth schedules. Probiotics contribute to animal health and welfare by reducing the occurrence of digestive disorders, mitigating stress, and supporting overall well-being. Healthy animals are more resilient to environmental challenges, diseases, and the stresses associated with intensive farming practices. In a world where consumers are increasingly concerned about the origin and quality of their food, probiotics offer a solution that resonates with the demand for natural and sustainable agricultural practices. The use of probiotics aligns with consumer preferences for products derived from animals raised without excessive use of antibiotics, promoting a positive image for the livestock and poultry industries.

The growing awareness of the benefits of probiotics in animal feed has been steadily increasing among both industry stakeholders and consumers. Probiotics help to maintain a balanced gut microbiome, which can improve nutrient utilization, reduce digestive disorders, and enhance immune function in animals. This awareness has led to greater adoption of probiotics in animal farming and a willingness to invest in probiotic-based feed supplements. As more research demonstrates the positive impact of probiotics on animal health and productivity, this driver is expected to gain even more momentum.

In recent times, Probiotics serve as effective alternatives to antibiotics in animal farming, responding to the global concern about antibiotic resistance. In recent times, there has been a heightened focus on reducing the use of antibiotics in livestock production due to the potential risks associated with antibiotic resistance. Probiotics offer a natural and sustainable solution for supporting animal health, reducing the need for antibiotics, and aligning with the trend towards responsible and holistic animal care. The fast-paced nature of modern animal farming requires efficient and streamlined production processes. Probiotics contribute to digestive health by fostering a balanced microbiome in the gastrointestinal tract. This optimization enhances nutrient absorption and feed efficiency, allowing animals to convert feed into growth more effectively. This is particularly crucial in fast-growing production systems where maximizing output is essential. However, the Regulatory Hurdles and Standards may hinder market growth. Moreover, challenges related to Product Stability and Viability and Cost Considerations may pose obstacles to the Probiotics in Animal Feed market in the near future.

The Global Probiotics in Animal Feed Market is segmented into livestock, source, form, distribution channel, regional distribution, and company.

Based on its source, the bacterial segment has emerged as the predominant market leader, The bacterial segment has benefited from extensive research and development, leading to a better understanding of the specific strains of bacteria that are most beneficial for animal health and productivity. Bacterial probiotics have been shown to be effective in improving gut health, nutrient absorption, immune system function, and reducing the risk of antibiotic-resistant bacteria in animals. Bacterial probiotics are more widely available and generally less expensive than yeast and fungi probiotics, making them a more attractive option for animal producers. The regulatory environment for bacterial probiotics in animal feed is generally favorable, with most countries allowing the use of bacterial probiotics without additional restrictions. Consumers are increasingly demanding organic and natural probiotics for their animals, and bacterial probiotics are a natural source of beneficial microorganisms. This trend is further driving the demand for bacterial probiotics in animal feed. The bacterial segment is expected to maintain its dominance in the Global Probiotics in Animal Feed Market in the near future due to the continued research and development in this area, the proven effectiveness of bacterial probiotics, and the favorable regulatory environment. These factors are expected to drive the growth of this segment.

Based on region, Asia Pacific segment is expected to grow during the forecast period.  The Asia Pacific region boasts the world's largest population, with a rapidly growing middle class and increasing disposable income. This translates into a rising demand for meat and dairy products, leading to a higher demand for probiotics in animal feed. Animal production is expanding rapidly in Asia Pacific, particularly in countries like China, India, and Vietnam. This expansion is driven by factors such as favorable climatic conditions, government initiatives to promote agriculture, and increasing demand for locally produced animal products. Open-pollinated probiotic strains are widely preferred in Asia Pacific due to their cost-effectiveness, adaptability to local conditions, and cultural preferences. This preference drives the demand for open-pollinated probiotic animal feed. Several major seed companies are based in Asia Pacific, such as Yuanlongping High-Tech Agriculture Co. Ltd., Kaifeng Sunseeds Group Co., Ltd., and Beijing Dahua Seed Co., Ltd. These companies contribute significantly to the region's market share.

The North America market is poised to be the fastest-growing market, offering lucrative growth opportunities for Probiotics in Animal Feed players during the forecast period. Factors such as increasing health concerns, a burgeoning senior population, rising healthcare spending, growing disposable income, and the emergence of local market players are expected to fuel market growth in the region. Additionally, improvements in the healthcare system, government subsidies facilitating the establishment of production facilities by industry giants, low labor costs, and easy access to raw materials are anticipated to further support the growth of the North America Probiotics in Animal Feed market.

Major companies operating in Global Probiotics in Animal Feed Market are:

ADM Inc.

International Flavors & Fragrances Inc.

CHR. Hansen Holding A/S

Evonik Industries AG

DSM BV

Ohly GmbH

Alltech Inc.

Kemin Industries Inc.

Provita Animal Health

Lallemand Inc.Glanbia Plc

Download Free Sample Report

Customers can also request for 10% free customization on this report

“The Consumer demand for sustainable and natural products and increasing population growth and increased protein consumption are key drivers of the Probiotics in Animal Feed market. In recent years, the growing shift toward more responsible and ethical animal farming practices. Producers are seeking alternatives to conventional production methods, and probiotics offer a natural, ethical, and sustainable approach. This driver is reflected in the industry's commitment to reducing the use of antibiotics, promoting animal welfare, and adopting practices that resonate with consumer values. Moreover, the growing consumer emphasis on preventative agricultural products has enhanced production and marketing efforts. To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Probiotics in Animal Feed market in the coming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Probiotics in Animal Feed Market – Global Industry Size, Share, Trends, Opportunity, & Forecast 2018-2028 Segmented By Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets, Others), By Source (Bacteria, Yeast & Fungi), By Form (Dry, Liquid), By Distribution Channel (Retail Stores, Others), By Region, Competition”, has evaluated the future growth potential of Global Probiotics in Animal Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Probiotics in Animal Feed Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]