Press release
Probiotics In Animal Feed Market 2024 - By Size, Share, Industry Overview, Growth Trends, Leading Players And Outlook By 2033
Probiotics In Animal Feed Market
The Business Research Company presents an extensive market research report on the Probiotics In Animal Feed Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The probiotics in animal feed market size has grown strongly in recent years. It will grow from $4.67 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to antibiotic reduction in animal agriculture, increased pet population, increased pressure on feed productivity and high demand for faster feed conversion rate, improving animal health and decreasing antibiotic usage in animal feed, increased disease prevalence.
The probiotics in animal feed market size is expected to see strong growth in the next few years. It will grow to $7.25 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to livestock production intensification, shift towards natural and organic farming, increasing demand for animal protein due to the growing global population, ncreasing industrialized livestock production, growing awareness among farmers and animal nutritionists . Major trends in the forecast period include developing special products for particular animal health needs, microencapsulation and other cutting-edge technologies, research and innovation, customized probiotic solutions, expansion into aquaculture.
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7211&type=smp
Key Market Players:
Chr. Hansen Holding A/S, Royal DSM N.V., E. I. du Pont de Nemours and Company, Evonik Industries AG, Land O'Lakes Inc., Alltech Inc., Adisseo France SAS, Lallemand Inc., Archer-Daniels-Midland Company (ADM), Orffa Additives B.V., Provita Eurotech Ltd., Calpis Co. Ltd., Danisco A/S, Lesaffre, Novozymes A/S, Ohly GmbH, Kemin Industries Inc., Biomin Holding GmbH, Novus International Inc., Cargill Incorporated, BASF SE, Nutreco N.V., Yakult Honsha Co. Ltd., Novartis International AG, Bayer Aktiengesellschaft, Boehringer Ingelheim International GmbH, Merck & Co. Inc., Zoetis Inc., Elanco Animal Health Incorporated are prominent players in the industry.
Market Drivers:
The growing demand for eggs and poultry meat contributes to the growth of probiotics in the animal feed market. The demand for eggs and poultry meat is increasing because of the rise in population, greater purchasing power, and urbanization. Moreover, increasing awareness about the nutrients and protein from eggs and meat are contributing towards their demand. Probiotics are used as an additive in the poultry feed, which keeps the poultry farm animals disease-free and boosts their immunity to produce more eggs and meat. For instance, in April 2023, the United States Department of Agriculture, a US-based government agency, in 2022, the total value of egg production in the United States was $19.4 billion, a 122% increase from $8.71 billion in 2021. The overall number of eggs produced was 110 billion, a decrease from the previous year. Thus, increased demand for eggs and poultry meat is expected to boost the demand for probiotics in the animal feed during the forecast period.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/probiotics-in-animal-feed-global-market-report
Market Segments Include:
1) By Form Type: Dry, Liquid
2) By Source Type: Bacteria, Yeast and Fungi
3) By Application Type: Cattle, Poultry, Swine, Aquaculture, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Probiotics In Animal Feed Market 2024 - By Size, Share, Industry Overview, Growth Trends, Leading Players And Outlook By 2033 here
News-ID: 3354591 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Liquid Crystal Polymers M …
The liquid crystal polymers market is poised for significant expansion in the coming years, driven by rising demand across multiple high-tech sectors. As industries increasingly adopt these advanced materials for their superior properties, the market outlook appears robust. Let's explore the market's size predictions, key players, emerging trends, and detailed segmentation to understand the future trajectory of liquid crystal polymers.
Forecasted Expansion of the Liquid Crystal Polymers Market by 2030 …
Leather Chemicals Market Overview: Major Segments, Strategic Developments, and L …
The leather chemicals industry is set for significant growth as it adapts to evolving environmental standards and increasing demand within related markets. With sustainability and efficiency becoming key priorities, innovations and strategic collaborations are paving the way for new advancements. Below is an in-depth examination of the projected market size, leading companies, emerging trends, and detailed segment analysis shaping the future of leather chemicals.
Expected Market Size and Growth Outlook for…
Analysis of Segments and Major Growth Areas in the Isopropyl Alcohol Market
The isopropyl alcohol market is positioned for significant expansion as demand continues to grow across various sectors. Increasing investments in healthcare, rising sanitation needs, and the expansion of specialty chemical manufacturing are some of the key factors driving market growth. Let's explore the market valuation, leading players, emerging trends, and segment details that define this evolving industry.
Expected Growth Trajectory of the Isopropyl Alcohol Market
The isopropyl alcohol market is…
Key Strategic Developments and Emerging Changes Shaping the Inorganic Pigments M …
The inorganic pigments market is poised for significant expansion as industries increasingly seek sustainable and high-performance coloring solutions. With a growing emphasis on eco-friendly products and advanced applications, this market is set to evolve considerably by 2030. Let's explore the market size projections, leading companies, emerging trends, and key segments shaping the inorganic pigments landscape.
Projected Growth Trajectory of the Inorganic Pigments Market
The inorganic pigments market is expected to…
More Releases for Probiotics
Next Generation Probiotics Market Hits New High | Amsterdam Winclove Probiotics, …
The Global Next Generation Probiotics Market report, spanning over 135+ pages, provides a comprehensive overview of the product/industry scope and outlines the market outlook and status from 2024 to 2032. The study is segmented by key regions driving market growth. Currently, the market is expanding its presence, with notable contributions from key players such as Amsterdam Winclove Probiotics, Metabogen AB (Biogaia), Exeliom Biosciences, TargEDys, Hansen Holding A/S, YSOPIA Bioscience, A-Mansia…
OptiBac Probiotics Market Is Booming Worldwide 2025-2032 | OptiBac Probiotics, N …
Global OptiBac Probiotics Market is estimated to be valued at USD 0.30 Bn in 2025 and is expected to reach USD 0.49 Bn by 2032, growing at a CAGR of 7.1% from 2025 to 2032.
According to the latest research from Coherent Market Insights, the OptiBac Probiotics Market is projected to experience significant growth between 2025 and 2032. This market intelligence report offers in-depth analysis based on thorough research, highlighting current…
Next Generation Probiotics Market to Witness Remarkable Growth with Pendulum, Am …
The latest Research report published by Coherent Market Insights with the title "An Increase in Demand and Opportunities for Global Next Generation Probiotics Market 2025" provides a sorted image of the Next Generation Probiotics Market industry by analysis of research and information collected from various sources that have the ability to help the decision-makers in the worldwide market to play a significant role in making an ongoing impact on the…
Next Generation Probiotics Market Projected To Witness Substantial Growth, 2025- …
🚀 Next Generation Probiotics Market to grow at a CAGR of 11.2% (2025 - 2032)
The Next Generation Probiotics Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers through -
» 70% efforts of Primary Research
» 15% efforts of Secondary Research
» 15% efforts from the subscription to Paid database providing industry overview, macro and micro economics factors, and financials of private limited companies
📈 𝐚𝐬…
Global Pet probiotics market
The Pet Probiotics market accounted for USD 848.6 Million in 2024 and is expected to reach USD 2,156.8 Million by 2035, growing at a CAGR of around 8.85% between 2025 and 2035. The pet probiotics market provides supplementary products that aim at enhancing the gut health of pets, digestion, and immunity. Increasing pet ownership and growing awareness of animal welfare are two aspects driving demand in this industry. Probiotics are…
Probiotics Dietary Supplements Market Is Driven By Probiotics Dietary Supplement …
The probiotics dietary supplements market is a rapidly growing segment of the broader dietary supplements industry, driven by the increasing awareness of the importance of gut health and the numerous health benefits associated with probiotics. Probiotics are live microorganisms, typically beneficial bacteria like lactobacillus and bifidobacterium, that can provide a wide range of health advantages when consumed in adequate amounts. These benefits include improved digestive health, enhanced immune function, and…
