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Probiotics in Poultry Market will project a compound annual growth rate (CAGR) of 7.60% by 29 | Size | Business Insights Analysis | Trends
Data Bridge Market Research analyses that the probiotics in poultry market will project a compound annual growth rate (CAGR) of 7.60% during the forecast period of 2022-2029. Rising adoption of advanced animal husbandry practices and ban on the usage of antibiotic growth promoters are the factor for the probiotics in poultry market in the forecast period of 2022 - 2029.Feed probiotics are probiotics (beneficial microorganisms) that are incorporated into base mixes and compound forms, with end consumers including premix producers, farmers, compound feed producers, and base mix and concentrate producers.
Consumer demand for animal-based products will drive up demand for probiotics in the poultry market. Rising emphasis on animal health to prevent disease outbreaks, increased meat consumption, a shift toward natural growth promoters and favourable regulatory norms are also expected to drive market growth during the forecast period. On the other hand, growing animal health issues and rising popularity of meat and meat-related products will open up new opportunities for probiotics in the poultry market during the forecast period.
The livestock industry has been under increasing pressure in recent years to meet rising demand for meat and high-value animal protein. Global livestock consumption has increased as a result of population growth, rising incomes in developing countries, and urbanisation. Income and consumption of animal protein have been found to be directly correlated, with milk, meat, and eggs consumption increasing at the expense of staple foods. The market for feed probiotics is being driven by rising life expectancy and limited availability of land and water resources for animal feed production, as well as strong demand for animal-based protein sources.
However, the absence of normalisation of the programmed taking care of framework, nonetheless, is the market's key limiting variable. During the forecast period, technological limitations and standardisation issues will act as restraints on the growth of probiotics in the poultry market.
This probiotics in poultry market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on probiotics in poultry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
View Detailed Report Analysis: https://www.databridgemarketresearch.com/reports/global-probiotics-in-poultry-market
Global Probiotics in Poultry Market Scope and Market Size
Probiotics in poultry market is segmented on the basis of product, form, function and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the probiotics in poultry market is segmented into lactobacillus, streptococcus, bacillus and bifidobacterium.
Based on the form, the probiotics in poultry market is segmented into dry and liquid.
The probiotics in poultry market is also segmented on the basis of function. The function segment is segmented into nutrition, gut health, yield, immunity, and productivity.
Based on application, the probiotics in poultry market is segmented into broilers, layers, turkeys, breeders, and chicks and poults.
Major Key Players:
Some of the major players operating in the probiotics in poultry market are Chr. Hansen Holding A/S, DuPont, DSM, Adisseo, ASAHI GROUP HOLDING, Ltd., Evonik Industries AG, Land O'Lakes, Inc., Kerry Inc., Novus International, Novozymes, Vit-E-Men Company, Lesaffre, Lallemand Inc., Alltech, Unique Biotech, Suguna Foods Private Limited., Provita Eurotech, Big Dutcham, trioliet, KUHN SAS, Lely, VDL, Pellon companies and Roxell among others.
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About Data Bridge Market Research (DBMR):
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.
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