Global Poultry Probiotic Ingredients Market is expected to grow at a CAGR of 8.9% during the forecast period from 2019-2025

As per the report published by Fior Markets, the global poultry probiotic ingredients market is expected to grow from USD 64.33 Million in 2017 to USD 127.32 Million by 2025 at a CAGR of 8.9% during the forecast period from 2018-2025.The North America region is dominating the market due to increasing consumer consciousness towards consuming high protein products which may drive the overall market. Favorable regulations by FDA regarding GRAS approval for these products along with antibiotics ban in U.S is likely to drive industry growth.

Poultry Probiotic Ingredients Market by Product (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus, Others), Application,Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.

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Leadersin the industry Novus Biomin, International, Evonik Industries, DuPont, Kemin Industries, Organica Biotech, Prowell,Neosparkand DSMamong otherswhichare offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share.For instance, in January 2016, Chr. Hansen to acquire Nutritional Physiology Company and expand its business in probiotics to the livestock industry

The product segment is classified into lactobacilli, Bifidobacterium, Streptococcus, and others. The lactobacilli segment is dominating the market and valued around USD 25.21 Million in 2017. Rise in egg consumption among consumers for high protein intake may stimulate productivity growth. These are used in layers to enhance egg quality and provide a favorable environment to eggs for proper growth.The application segment is segmented into broilers, layers, turkeys, breeders, and chicks &poults. The broilers segment dominated the market with the highest share of 41.40% in 2017. They are broadly used as an alternative for antibiotics growth promoter and to gain weight in broiler chicken which may drive the market growth. It also aids in tuning intestinal environment and digestive function in broilers, which should stimulate the industry growth.

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High consumption of meat is a major factor propelling the growth of the market. Growing demand of well-kept yards and backyard beautification activities across the globe is contributing to the market expansion. Standardization issue have restrain the market growth. However, favourable regulatory policies in regards to the association of probiotics in animal feed may drive the business development may drive the market growth in coming years.

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