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Global Poultry Probiotics Market to Touch High CAGR by 2025
Poultry Probiotics
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Ban on antibiotics use as growth-promoting agents, owing to issues such as development of drug-resistant bacteria, drug residues in bird bodies, and microflora imbalance, is expected to drive the market growth. In addition, increase in meat production and consumption in Asia-Pacific and North America is expected to present new avenues for growth in the industry.
The global poultry probiotics market is segmented based on product type and geography.
Based on product type
power feed supplements
liquid feed supplements
Geographically
Europe
North America
Asia-Pacific
Latin America
Middle East and Africa
Major companies operating in the industry include Danone, Nestle, Yakult, and Chr. Hansen, BioGaia, Danisco, General Mills, Arla Foods, DuPont, Bilogics AB, DSM, and ConAgra.
These companies have formulated strategies, such as partnerships, joint ventures, collaborations, expansion, new product launches, mergers & acquisitions, and others, to strengthen their position and gain a strong foothold in the market.
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