Probiotics in Animal Feed Market Set to Reach New Heights: A Comprehensive Analysis of Trends and Innovations

Probiotics in Animal Feed Market by Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets), Source (Bacteria, Yeast, Fungi), Form (Dry, Liquid), Function (Nutrition, Gut Health, Immunity, Productivity), & Region - Global Forecast to 2028
The [https://www.marketsandmarkets.com/ResearchInsight/probiotics-animal-feed-market-size-share.asp?utm_source=paidpr&utm_medium=probiotics-animal-feed-market&utm_id=abnewswire.com]was valued at approximately USD 4.2 billion in 2022. It is anticipated to grow to around USD 4.6 billion in 2023, with a projected compound annual growth rate (CAGR) of 9.1%, reaching an estimated USD 7.1 billion by 2028. The incorporation of probiotics in animal feed has been shown to significantly benefit livestock health by boosting immune function, enhancing digestive health, and improving growth performance and feed conversion ratios. Key factors driving the market include the prevalence of disease outbreaks, increasing pressure on feed productivity and conversion rates, and a rising demand for livestock-based food products. However, the high research and development costs associated with creating new probiotic strains present a challenge for market expansion.

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The Asia Pacific region is expected to be one of the fastest-growing areas, as modernization in animal feed production creates substantial opportunities for feed additive manufacturers, fueling growth. Probiotics are extensively used in various livestock sectors, including ruminants, poultry, swine, aquaculture, and pets, to improve gut health, carcass yield, immunity, and overall productivity.

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Here are some key trends shaping the probiotics in the animal feed market:

Growing Demand for Natural Feed Additives: There is an increasing preference for natural and organic ingredients in animal nutrition, driven by consumer awareness and regulatory pressures. Probiotics are seen as a safe and effective alternative to antibiotics and chemical additives.

Rising Livestock Production: The global demand for animal protein is increasing, leading to a rise in livestock production. Probiotics are increasingly being used to enhance animal health and growth rates, thereby supporting this demand.

Focus on Animal Health and Welfare: Animal welfare concerns are prompting farmers to seek alternatives to conventional feed additives. Probiotics improve gut health, immunity, and overall well-being, aligning with the trend towards more humane farming practices.

Technological Advancements: Innovations in probiotic formulations and delivery methods, such as encapsulation and microencapsulation, are enhancing the stability and efficacy of probiotics in animal feed. This is making probiotics more appealing to livestock producers.

Regulatory Support: Many governments are encouraging the use of probiotics in animal feed through supportive regulations and guidelines. This is fostering research and development in this area, leading to more widespread adoption.

Increasing Consumer Awareness: With the rise of health-conscious consumers, there is growing awareness about the benefits of probiotics, not just for humans but also for animals. This is driving demand for probiotic-enhanced animal products.

Diverse Applications: Probiotics are being applied across various livestock categories, including poultry, swine, ruminants, and aquaculture. This diversification is expanding the market reach and opportunities for growth.

Sustainability Trends: The shift towards sustainable farming practices is driving the demand for probiotics, as they can help reduce reliance on antibiotics and promote eco-friendly farming methods.

Rising Feed Productivity and Conversion Rate Challenges Boost Demand for Probiotics in Animal Feed [https://www.globenewswire.com/en/news-release/2023/06/28/2696214/0/en/Probiotics-in-Animal-Feed-Market-is-Expected-to-Reach-7-1-Billion-MarketsandMarkets.html].

The feed conversion rate (FCR) refers to the efficiency with which livestock convert feed into the desired outputs, such as meat or milk. With the rising demand for livestock products, the industry faces increasing pressure to supply high-value animal protein. This demand has led to a growth in livestock populations, which in turn has driven up the consumption of probiotics in animal feed. Probiotics enhance the nutritional value of feed by acting as bactericidal agents, improving gut health, and promoting growth, ultimately boosting livestock performance. As a result, feed containing probiotics improves the feed conversion rate, helping to meet market demands.

Incorporating probiotics into animal feed significantly supports livestock health and productivity by enhancing digestion and feed efficiency. The growing need for improved feed productivity and quicker feed conversion rates is thus driving the market for probiotics in animal feed.

Rising incidence of disease outbreaks is expected to drive market growth.

Unsafe and adulterated feed ingredients can weaken animal immunity, leading to reduced productivity and compromised quality of animal products. The rising incidence of disease outbreaks has prompted livestock farmers to seek higher-quality feed products with beneficial additives. Customers have consistently prioritized safety and quality, as disease outbreaks can disrupt the production, trade, and consumption of livestock products, including dairy, meat, eggs, and other by-products. Regions impacted by these outbreaks often face export bans for extended periods until they are fully quarantined and controlled.

Recently, the Asia Pacific region has seen outbreaks of the SARA-CoV-2 virus (2019), H5N1 influenza virus (2014), and foot-and-mouth disease (2011), all of which have adversely affected trade and resulted in significant losses for livestock producers, driven by heightened awareness of animal welfare issues. Additionally, concerns about animal health deterioration linked to pharmaceuticals in feed have led livestock farmers to increasingly demand more nutritious products. As a result, the demand for probiotic animal feed is expected to grow rapidly.

What factors contribute to Asia Pacific's expected dominance in the market during the forecast period?

The study encompasses countries like China, India, Japan, Australia, New Zealand, and other nations in the Asia Pacific region. Several factors contribute to the strong demand in this market, including a growing population, increasing disposable incomes, and rapid urbanization. The rising demand for meat and animal products among the expanding population, coupled with greater affluence, has led to a surge in meat consumption. Consequently, this has driven intensified livestock production, heightening the need for improved animal health and performance.

In developing economies like India and China, the growth of the meat industry and the rising demand for high-quality meat products are key factors fueling the Asian market. Concerns about livestock diseases and infection outbreaks have further underscored the importance of animal health and wellness for ensuring consumer safety. Additionally, globalization and urbanization have shifted consumer preferences toward nutritious, high-quality food products, encouraging experimentation with diverse food choices. These trends are expected to persist in the coming years, propelling the demand for probiotics in the animal feed market.

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The key players in this market include ADM (US), International Flavors & Fragrances Inc. (US), CHR. HANSEN HOLDING A/S (Denmark), Evonik Industries AG (Germany), Land O'Lakes (US), DSM (Netherlands), Ohly (Germany), Novozymes (Denmark), Alltech (US), Kemin Industries, Inc. (US), Provita Animal Health (UK), Orffa (Netherlands), Lesaffre (France), Lallemand Inc. (Canada). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their global market presence.

ADM (US), ADM primarily produces food & feed ingredients. It is one of the key players in the agricultural processing and food ingredient sectors. The company is also involved in the trade, transport, storage, and processing of various grains and commodities. The company engages in the production, sale, and supply of specialty products, including emulsifiers, natural flavor ingredients, natural health and nutrition products, natural colors, flavor systems, proteins, polyols, soluble fiber, hydrocolloids, and other specialty food & feed ingredients. The company's network spans across more than 190 countries around the world. The company has four business segments, namely Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Business. It provides probiotics through the Nutrition segment for animal consumption and other food applications. ADM's manufacturing facilities are certified SEDEX, HACCP, by SGS North America, Organic by Ecocert ICO, and APHIS. In August 2018, ADM acquired Probiotics International Limited (PIL) (UK) that operates under its umbrella brand Protexin, which accounts for a deal of USD 235 million. It will be named ADM Protexin Limited, which produces research-based probiotics, including its Bio-Kult and Lepicol brands. Protexin also offers a variety of natural products and probiotic supplements for the veterinary, agriculture, and equine healthcare markets . This acquisition will help ADM in enhancing its product portfolio for probiotics in animal feed as it will offer supplements for equine livestock.

International Flavors & Fragrances Inc. (US), International Flavors & Fragrances Inc. (IFF) is one of the global multinational corporations that provide a range of products such as animal health solutions, extracts and flavorings, carob protein, cellulose gum, and cultures for food, among others. The company is active across various industries such as animal nutrition, antimicrobial fabric protection, biorefinery, brewing, dietary supplements [https://www.marketsandmarkets.com/Market-Reports/dietary-supplements-market-973.html?utm_source=paidpr&utm_medium=dietary-supplements-market&utm_id=abnewswire.com], fabric & home care, food & beverage and hygiene, and odor control. The company operates through its major business segments: Nourish, Health and Biosciences, Scent, Pharma Solutions. It offers probiotics for animal feed under its Health & Biosciences Segment. Since its inception, the company has a strong focus on research and development and invests a significant amount in R&D activities every year. Through its numerous subsidiaries, IFF has significantly marked its presence in more than 200 countries. In February 2021, International Flavors & Fragrances Inc. merged with DuPont's Nutrition & Biosciences business to deliver consumer-oriented products for food & beverage, personal care and health & wellness markets. This strategic initiative was undertaken to strengthen the product portfolios and R&D capabilities in probiotics ingredient and multiple other segments such as enzymes, culture, soy proteins, nutrition, scent among others.

Chr. Hansen Holding A/S (Denmark), is a global, differentiated bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. It is serving around its customers for almost 150 years to enable sustainable agriculture, better food and healthier living. It offers products and solutions through two segments namely Food Cultures & Enzymes and Health & Nutrition. It offers probiotics for animal feed derived from plants through Health & Nutrition segment. Chr. Hansen Holding A/S has a regional sales presence in all the world's major markets, including North America, Latin America, Asia Pacific, Europe, Middle East, and Africa, giving the company a strong foothold in the global markets. In May 2021, company launched a product Bovacillus. The product is launched in the Argentinian market, which is a new solution to support dairy and beef cattle health & performance. This will enhance the company's product portfolio for probiotics in animal feed and the customer reach in the region as well.

Probiotics in Animal Feed Market Segmentation [https://www.linkedin.com/pulse/probiotics-animal-feed-market-growing-solution-livestock-edward-scott-dmcmf/]:

This research report categorizes the probiotics in animal feed market, based on Livestock, Source, Form, Distribution Channel, Function, and Region.

By Livestock

Poultry

Swine

Ruminants

Aquaculture

Pets

Other Livestock

By Source

Bacteria

Yeast and Fungi

By Form

Dry

Liquid

By Distribution Channel

Direct Sales to Distributors

Direct Sales to Livestock Growers

Other Distribution Channels

By Function

Nutrition

Gut Health

Immunity

Productivity

By Region

North America

Europe

Asia Pacific

South America

Rest of the World (RoW)

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