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Global Feed Probiotics Market Growth 2018-2023
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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Feed Probiotics market for 2018-2023.
Probiotics are products that contain living microorganisms—bacteria and/or yeasts. Use of probiotics in animal feeds has been shown to benefit digestion,animal performance and the immune system.
The world’s population is expected to reach more than 9 billion by 2050, imposing food
security challenges particularly for developing countries. Moreover, economic growth has
increased the demand for livestock products putting pressure on the livestock sector to
produce more with limited resources. Nevertheless, the livestock sector is one of the fastest
growing agricultural sectors contributing about 40 percent of the global value of agricultural
production (Bruinsma, 2003), supporting the livelihoods and food security of almost 1.3 billion
people. This expansion poses issues regarding: the most efficient use of resources to produce
food for humans; effects of land conversion and more intensified use on conservation of
environmental services and biodiversity; effects of ruminant methane production on climate
change; and effects of climate change-induced temperature rise on animal production.
The dry form of probiotics in animal feed accounted for the largest market share in 2017. Dry probiotics help in enhancing the shelf life of feed products, resulting in lower storage costs for feed manufacturers, thus increasing the demand for dry probiotics in animal feed.
Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2017, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand.
Over the next five years, LPI(LP Information) projects that Feed Probiotics will register a 7.7% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Feed Probiotics market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Bacteria
Yeast
Segmentation by application:
Cattle
Poultry
Swine
Aquaculture
Others includes pets, equine, and rabbits
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Chr. Hansen A/S
Koninklijke DSM N.V.
Lallemand, Inc.
Lesaffre & CIE
E. I. Dupont De Nemours and Company
Novozymes A/S
Calpis Co., Ltd.
Land O’lakes, Inc. (Purina Animal Nutrition)
Schouw & Co.
Evonik Industries AG
Alltech
Mitsui & Co., Ltd
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Feed Probiotics consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Feed Probiotics market by identifying its various subsegments.
Focuses on the key global Feed Probiotics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Feed Probiotics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Feed Probiotics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/4902/global-feed-probiotics-market
Related Information:
North America Feed Probiotics Market Growth 2019-2024
United States Feed Probiotics Market Growth 2019-2024
Asia-Pacific Feed Probiotics Market Growth 2019-2024
Europe Feed Probiotics Market Growth 2019-2024
EMEA Feed Probiotics Market Growth 2019-2024
Global Feed Probiotics Market Growth 2019-2024
China Feed Probiotics Market Growth 2019-2024
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