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Animal Feed Probiotics Set to Surge - Key Insights You Must Know | Valuates Reports
The global Animal Feed Probiotics market size is expected to reach US$ 3586.4 million by 2029, growing at a CAGR of 7.4% from 2023 to 2029.
Probiotic ingredients for animals refer to beneficial microorganisms isolated from animals or nature or synthesized through bioengineering, and made by special processes such as culture, fermentation, drying, etc., containing live bacteria or live bacteria and their metabolites.
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The market is mainly driven by the significant applications of Animal Feed Probiotics in various end use industries. The expanding demands from the Cattle Feed, Swine Feed, Poultry Feed and Pet Feed, are propelling Animal Feed Probiotics market. Lactobacilli Probiotics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bifidobacteria Probiotics segment is estimated at % CAGR for the next seven-year period.
In the global animal-used probiotic ingredient market, North America is the largest consumer with a market share of 40%, followed by Europe with a market share of about 28%.
The main manufacturers are Chr. Hansen, DuPont, Novozymes and Elanco. Among them, Chr. Hansen is the largest manufacturer with a market share of approximately 14%.
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Animal Feed Probiotics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
This report provides in-depth analysis of the global Animal Feed Probiotics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Animal Feed Probiotics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Animal Feed Probiotics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Animal Feed Probiotics covered in this report include Nebraska Cultures, Yakult Honsha, DSM, General Mills, Lallemend Health, Nestle, Epicore BioNEtworks, Aquabio Environmental Technologies and Specialty Enzymes & Biotechnologies, etc.
The global Animal Feed Probiotics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Company Profiles:
• Nebraska Cultures
• Yakult Honsha
• DSM
• General Mills
• Lallemend Health
• Nestle
• Epicore BioNEtworks
• Aquabio Environmental Technologies
• Specialty Enzymes & Biotechnologies
• Fritz Industries
• United tech
• Arla Foods
• DowDuPont
• Groupe Danone
• Mother Dairy
By Type
• Lactobacilli Probiotics
• Bifidobacteria Probiotics
• Streptococcus Thermaphiles Probiotics
By Application
• Cattle Feed
• Swine Feed
• Poultry Feed
• Pet Feed
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