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Animal Feed Probiotics Market Future Landscape To Witness Significant Growth by 2027

03-08-2024 07:08 AM CET | Food & Beverage

Press release from: Transparency Market Research

Animal Feed Probiotics Market Future Landscape To Witness

The animal feed probiotics market has witnessed steady growth in recent years due to the increasing awareness among livestock farmers about the benefits of probiotics in animal nutrition. Probiotics are live microorganisms that promote the overall health and well-being of animals by improving digestion, enhancing nutrient absorption, and boosting immunity. These benefits have led to a rise in the demand for animal feed probiotics across the globe.

Market Size and Growth

The global animal feed probiotics market was valued at US$ 2.6 Bn in 2019 and is projected to reach US$ 4.3 Bn by 2027, growing at a CAGR of 7% during the forecast period. The market growth can be attributed to the growing demand for quality animal products, the rise in animal health awareness, and the increasing focus on animal nutrition.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=21872&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Market Segmentation

By Type: Lactobacillus, Bifidobacterium, Streptococcus, Bacillus, Others
By Livestock: Poultry, Swine, Ruminants, Aquaculture, Others
By Form: Dry, Liquid
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Regional Analysis

North America: The largest market for animal feed probiotics, driven by the presence of a well-established livestock industry and increasing consumer demand for high-quality animal products.
Europe: Witnessing significant growth due to stringent regulations regarding the use of antibiotics in animal feed and the growing trend of organic farming.
Asia Pacific: Expected to register the highest growth rate, supported by the increasing consumption of meat and dairy products in countries like China and India.

Market Drivers and Challenges

Drivers: Rising consumer awareness about animal health, increasing demand for quality animal products, ban on the use of antibiotics in animal feed.
Challenges: High production costs, lack of awareness among farmers in developing regions, regulatory issues related to the use of probiotics.

Market Trends

Growing preference for natural and organic feed additives.
Increasing focus on research and development to introduce new probiotic strains.
Rising popularity of direct-fed microbials (DFMs) as a cost-effective alternative to traditional antibiotics.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=21872<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Competitive Landscape

The animal feed probiotics market is highly competitive with several key players, including Koninklijke DSM N.V.,Alltech, Inc.,Chr. Hansen Holding A/S,E. I. du Pont de Nemours and Company,Evonik Industries AG,Adisseo France SAS,Lallemand Inc.,Novus International, Inc.,Calpis Co., Ltd. These companies are focusing on product innovation, partnerships, and acquisitions to strengthen their market presence and expand their product portfolios.

Future Outlook

The animal feed probiotics market is expected to continue its growth trajectory, driven by the increasing demand for animal products and the growing trend towards natural and sustainable farming practices. However, challenges such as regulatory issues and high production costs could hinder market growth to some extent.

Key Market Study Points

Market Size Estimation: Historical Data (2017-2019), Forecast Period (2020-2027)
Data Triangulation: Primary Interviews, Secondary Research, Market Share Analysis
Competitive Analysis: Market Share, Key Strategies, SWOT Analysis
Regional Analysis: Market Size, Growth Rate, Market Trends
Market Segmentation: Type, Livestock, Form, Region

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

๐–๐š๐ฅ๐ง๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐…๐ฅ๐จ๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
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