Press release
Poultry Probiotics industry analysis research and trends report 2024
Positive indicator towards incorporating NGPs (natural growth promoters) in animal nutrition due to rising awareness regarding harmful effects of antibiotics growth promoters (AGPs) may drive poultry probiotics market. Antibiotic ban in Europe due to AGP’s bioaccumulation in poultry meat products should drive industry growth.
Rise in meat & meat products demand owing to consumer proclivity towards better diets with high protein supported by favorable regulations by FDA pertaining to GRAS approval for y probiotics should fuel product demand.
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Poultry probiotics market from bacillus is poised to exceed USD 100 million in sale by 2024. These are extensively used in for broiler chicken feed due to its potential in reducing animal feed cost and concentration. Bacillus spores are easily obtained, biocompatible and stable thereby promoting its use in animal nutrition products.
Lactobacilli, Streptococcus Bacillus, and Bifidobacterium are key raw materials used in probiotic manufacturing. These are live microbes which are hard to preserve and test which is likely to hamper industry growth. Technological limitations and standardization issue major challenging factors.
Poultry probiotics from layers application should witness strong gains. Layer chickens exert environmental stress in hatching process which may negatively impact egg quality. Probiotics rich animal feed helps in maintaining egg quality and weight after hatching thereby stimulating industry growth.
U.S. streptococcus based poultry probiotics market may surpass USD 25 million by 2024. Streptococcus is vital growth promoter which helps in enhancing animal weight and feed efficiency. Commonly used streptococcus strains include S. thermophiles, S. faecium and S. cristatus.
Germany poultry probiotics Market for layers application should witness gains at above 6.5% by 2024. Strict regulatory guidelines by EU Commission regarding use of chemical feed additives causing resistance to medicines in animals and humans thereby driving regional industry growth. Increasing investments in research for product innovation should influence regional industry growth.
India poultry probiotics market from broilers application should register gains at over 8%. Rising meat products consumption due to prevailing diseases such as malnutrition mainly in children supported by government financial assistance to promote agribusiness and animal feed products should fuel product demand.
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Poultry probiotics market from poult & chick applications may show significant gains at over 6%. These additives improve microflora and gut health which regulates immune systems. Exposure to environmental stress may affect new born chicken’s health adversely which can be prevented by feed enriched with probiotics promoting digestive metabolism maintaining animal health.
Global poultry probiotics market share is consolidated. Key industry participants include Chr. Hansen Novozymes DuPont, Kemin, Biomin, Lallemand, DSM Evonik, Prowel. Novus and Adddiseo.
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