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Probiotics in Animal Feed Market to reach USD 7.1 billion by 2028

08-18-2023 09:17 AM CET | Health & Medicine

Press release from: ReportsnReports

Probiotics in Animal Feed Market

Probiotics in Animal Feed Market

According to Researcher, the probiotics in animal feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. The probiotics in animal feed market comprises of both dry and liquid form; although dry form hold a larger market share, liquid probiotics for animal feed is driven by factors such as enhanced probiotic strains viability and feed texture. The demand for dry form of probiotics in animal feed is mainly due to factors such as cost-effectiveness, longer shelf lives, and convenient packaging. The major constraints and challenges are the non-standardized international quality regulations for probiotics in animal feed products, high costs associated with R&D for development of new probiotic strains, high popularity of other feed additives which, in turn, hinders the growth of probiotics in animal feed market.

"By livestock, poultry is projected in high demand during the forecast period."

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The growing concern among poultry breeders regarding the ban on antibiotic growth promoters has proven to be an opportunity for the application of probiotics in animal feed. It aids in the development of antibiotic resistance. Rising awareness among consumers about the benefits associated with the consumption of meat and dairy products has also given rise to their concern about the quality of the meat they consume.

The industrialization of the animal industry is one of the reasons for the increasing demand for probiotics in animal feed specially in poultry owing to its high demand worldwide. Probiotics help improve the efficiency of feed and enhance the feed intake among poultry. Supplementing the diet of broilers with probiotics has resulted in improved feed conversion rates and an increase in weight. It also helps in reducing the mortality rate of broilers. Thus, the rapid demand and growth in poultry meat is expected to drive the market.

"By form, the dry format is expected to dominate the market for probiotics in animal feed"

Animal feed contains concentrates and roughage. Roughages are feed that are high in fiber. They are thus mostly in dry form. High fiber present in dry form of probiotics helps promote better digestive health in animals. Fiber acts as a prebiotic, providing a food source for beneficial gut bacteria. This supports the growth and activity of probiotics, leading to improved digestion, nutrient absorption, and overall gut health. Fiber-rich dry form probiotics aid in the breakdown of complex carbohydrates, allowing animals to extract more nutrients from their feed. This improved nutrient utilization results in better feed efficiency and potentially reduced feed costs for farmers. Freeze-drying and spray-drying methods are utilized for the preparation of the dry form of probiotic microorganisms.

The incorporation of probiotics into animal feed is poised to reshape the landscape of agriculture and animal husbandry, ushering in a future where health, efficiency, and sustainability go hand in hand.

Probiotics, known for their beneficial effects on gut health in humans, are finding their way into animal diets with remarkable outcomes. These live microorganisms promote digestive health, enhance nutrient absorption, and bolster immune responses in livestock, poultry, and aquaculture. As the demand for animal protein surges, harnessing the power of probiotics becomes a pivotal solution for addressing both animal well-being and environmental concerns.

The future holds exciting possibilities for probiotics in animal feed. Tailoring probiotic formulations for specific species and optimizing their dosages could lead to improved growth rates, feed efficiency, and disease resistance. This, in turn, may reduce the need for antibiotics and other additives, mitigating the risk of antibiotic resistance and contributing to safer food production.

Moreover, probiotics' potential extends beyond health benefits. Enhanced nutrient utilization could lead to reduced feed waste and lower methane emissions, promoting a more sustainable and eco-friendly agricultural system.

Despite these promises, challenges like formulation consistency, regulatory frameworks, and thorough scientific validation must be addressed to ensure the successful integration of probiotics into animal feed practices.

Future of probiotics in animal feed is a transformative one, poised to revolutionize livestock and aquaculture industries. By prioritizing animal health, reducing environmental impact, and embracing innovation, we are forging a path towards a more resilient, efficient, and sustainable food production system.

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