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What's driving the Probiotics in Animal Feed Market Growth? Prominent Players: Chr. Hansen Holding A/S, Genencor, A Danisco Division, Koninklijke Kentalis, Lallemand, Calpis USA and more

09-11-2019 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune Business Insights

What's driving the Probiotics in Animal Feed Market Growth?

The Global Probiotics in Animal Feed Market is likely to benefit from the increasing awareness regarding animal health welfare. According to a report published by Fortune Business Insights, titled “Probiotics in Animal Feed Market Size, Share and Global Trend By Microbial Genus (Lactobacillus, Bifiodobacterium, Yeast and other microbes), By Application (Ruminant, Poultry, Swine, Aquaculture, Others) and Geography Forecast till 2026: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 3.56 Bn in 2018. Fortune Business Insights has predicted that the market will reach US$ 6.24 Bn by 2026, thereby exhibiting a CAGR of 7.30%.

Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/probiotics-in-animal-feed-market-101018

Some of the leading companies that are operating in the Global Probiotics In Animal Feed Market are
• Chr. Hansen Holding A/S
• Genencor, A Danisco Division
• Koninklijke Kentalis
• Lallemand
• Calpis USA
• Provita Animal Health
• Orffa
• BIOMIN
• Novus International, Inc and Evonik Animal Nutrition.

The benefits of probiotics in animal nutrition has created a high demand for these products across the world. The growing emphasis on animal health and welfare and increasing trend of commercial livestock farming has led to availability of new products in the market place. The growing focus on research and development in probiotics to substitute antibiotic growth promoter feed additives has led to increasing popularity of probiotics in animal feed. The use of probiotics in poultry farming and breeding is expected to enhance the productivity and performance of feed products. The report states that rising uptake of probiotics over various domains will aid the growth of the global probiotics in animal feed market in the forthcoming years.

Increasing Applications in Poultry Farming to Enable Growth

The rising uptake of probiotics in poultry farming has resulted primarily from the increasing demand for the enhanced nutritional health of inbred animals. Rising adoption of a healthy lifestyle has created the demand for clean-label meat and other poultry products. Fortune Business Insights has predicted that probiotics will find increasing applications in poultry farming in the coming years. In 2019, Biomin launched the Poultrystar Hatchery Geldrop aimed at nutritional enrichment of day old chicks. The water solubility of the product helped overcome the food delivery barrier and this property added to the demand for this product across the world. Fortune Business Insights tracks product launches, similar to Biomin’s latest Geldrop and gauges the impact of such products on the global market.

Get Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/probiotics-in-animal-feed-market-101018

Segmentation For Probiotics in Animal Feed Market are;
By Microbial Genus
• Lactobacillus
• Bifiodobacterium
• Yeast and other microbes
By Application
• Ruminant
• Poultry
• Swine
• Aquaculture
• Others
By Geography

‘Moderately Consolidated’ Market – Strong Prominence of Key Global Giants

The global probiotics in animal feed market is consolidated in nature, as few companies account for a large market share. High-cost factor associated with R&D for development of probiotic strains for commercial use limits the entry of market players in the industry. In recent years, existing companies have been putting in more efforts in research and development of existing products, and in doing so they aim to strengthen their market presence. Among the several strategies adopted by leading companies, Fortune Business Insights has identified one key strategy that has made a positive impact on the global market. In order to further strengthen the consolidation of industry, companies are looking to shift their focus on emerging markets and to gain a competitive edge over their regional and private-label counterparts. The report focuses on company activities and business strategies similar to the aforementioned factors and gauges their impact on the global market.

Fortune Business Insights has profiled some of the leading companies in the market that have made a significant impact on the global market.

Major Table of Content
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.3. Probiotics Consumption and Buying Behaviour Analysis
5. Global Probiotics in Animal Feed Market Analysis, Insights and Forecast, 2015-2026

STRONG INDUSTRY FOCUS:
• Extensive product offerings
• Customer research services
• Robust research methodology
• Comprehensive reports
• Latest technological developments
• Value chain analysis
• Potential market opportunities
• Growth dynamics
• Quality assurance
• Post-sales support
• Regular report updates

Speak To Analyst at https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/probiotics-in-animal-feed-market-101018

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges

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