Feed Probiotics Market Overview by Business Growth, Challenges, Emerging Trends, Top Key Players (2022-2027)

The study foretells positive dynamics for the feed probiotics market across the globe, over the prediction timeline. Underpinning this growth is the growing acceptance of consumers to buy high-grade products incorporated with probiotics in animal feed. The rise in awareness of the health benefits of probiotics is creating headways for market expansion. Of late, the usage of probiotics in animal feed has exhibited a favorable impact on the overall health of animals. Going forward, surging demand for eggs and poultry meat has led to the progressive growth of the global poultry market. To this end, the demand for feed probiotics to improve animal productivity is anticipated to grow manifolds in the coming years.

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Over and above, to meet the pressing demand for feed probiotics, several manufacturers in the field are ramping up their R&D activities by incorporating advanced technologies and available ingredients, to develop innovative combinations of additives. Apart from that, various other authorities are also consistently engaged in the research and identification of sustainable feed additives which is further fueling the feed probiotics market growth.

Livestock Garners Significant Share in the Worldwide Feed Probiotics Market Valuation

On an animal basis, the market is segmented as companion animals, livestock, equine, swine, and aquaculture. Among these, the application of feed probiotics in livestock, specifically in poultry is projected to witness an upward trend. Thus, livestock holds a lion's share of the feed probiotics market across the world. As per the report, the demand for poultry meat is expected to rise exponentially, owing to the moderate fat content in contrast to other animal meat viz veal and beef. On this note, the livestock owners are more conscious about the health of animals and more inclined towards natural, non-antibiotic, and safe food. This trend is predicted to create numerous growth opportunities along with major contributions to the feed probiotics market valuation.

Asia Pacific Gains Superiority in the Regional Segment of Feed Probiotics Market

On a regional basis, the feed probiotics market in the Asia Pacific is likely to gain traction, owing to the soaring consumption of animal-based food products. Moving forward, the growing concerns regarding the shortage of food due to increasing population in the developing nations viz China and India are burdening the vegetable sources of food.

A probiotics-based animal feed can improve the overall performance of animals, prevent them from enteric pathogens and obnoxious substances, and make animal-based products safe for consumption. Against this backdrop, the rise in the usage of feed probiotics is set to continue in the APAC over the coming years. Major players in the market are reaping the benefits of these emerging markets by offering sustainable and antibiotic-free animal nutrition products. On the flip side, poultry continues to be a highly nutritious, cost-effective, premium-quality source of protein for human consumption. Therefore, the market in the region is predicted to boom with opportunities for growth and development throughout the forecast period.

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Key Players are Banking on Product Launches and Capacity Expansions to Gain Leading Position in Feed Probiotics Market

Competitive players sustaining leading positions in the global feed probiotics market include Alltech, Adisseo, Chr. Hansen Holding A/S, and Royal DSM.

Staunch players in the feed probiotics market are making strategic moves to enhance their market positions such as manufacturing units' capacity expansion, rolling out new products, and attending international conferences to raise awareness of feed probiotics benefits.

Global Feed Probiotics Market is Segmented as Below:

By Source:
• Bacteria
o Bifidobacterium
o Enterococcus
o Lactobacillus
 Homofermentative
 Heterofermentive
o Pediococcus
o Bacillus
o Ptopionibacterium
o Saccharomyces
o Strreptococcus
• Non Bacteria
o Yeast
o Fungal

By Animal:
• Companion Animal
• Livestock
o Cattle
o Poultry
 Boilers
 Turkey
 Layers
• Equine
• Swine
• Aquaculture

By Form:
• Liquid
• Dry

By Distribution Channel:
• Modern Trade
• Direct Sales
• Speciality Stores
• Convenience Store
• Online Retailers

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

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