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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Probiotics in Animal Feed Market Competitive Landscape
Key players in the probiotics in animal feed market are increasing investment in R&D for innovation and efficacy products, expansion of product portfolios, strategic partnerships, and entry into emerging markets.
Evonik Industries AG, situated in Essen, Germany, produces different types of probiotics under its Animal Nutrition division. Their portfolio offers probiotics developed to promote gut health and raise feed efficiency for improved performance in livestock. Founded in 2007, Evonik is working on the development of progressive animal nutrition through innovative microbial solutions.
Chr. Hansen Holding A/S, based in Hørsholm, Denmark, has a wide range of probiotic solutions for animal feed. Their products were launched in the year 2010 to enhance animal health and productivity using gut-friendly microbiota. Chr. Hansen is very famous as a business applying microbial expertise to drive the transformation toward sustainable animal agriculture.
DSM Nutritional Products AG, headquartered in Basel, Switzerland, offers probiotics for animal feed through its DSM Animal Nutrition & Health division. Founded in 2006, DSM has intensively focused on gut and overall performance enhancement in livestock with its probiotic solutions. There is a special focus on scientific research and innovation in the product offerings.
Other key players in the probiotics in animal feed market include Provita Eurotech Ltd and Lallemand Inc., among others.
Probiotics in Animal Feed Market Report Snapshots
Probiotics in Animal Feed Market Size
Probiotics in Animal Feed Market Growth
Probiotics in Animal Feed Market Trends
Probiotics in Animal Feed Market Share
Probiotics in Animal Feed Companies
Probiotics in Animal Feed Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The probiotics in animal feed market is estimated to grow at a CAGR of 5.9% between 2024 and 2032.
The major drivers of the market include the increasing spending on the health and well-being of animals, rising demand for animal products such as meat, milk, egg, and others, and the rising cases of inflammatory diseases among animals.
The growing innovations in animal feed products to boost the immunity and productivity of animals are the key trends guiding the growth of the industry.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Lactobacillus, Bifidobacterium, and yeast and other microbes are the different segments based on microbial genus.
Ruminant, poultry, swine, and aquaculture, among others are the significant applications of the product included in the market report.
The major players in the industry are Evonik Industries AG, Chr. Hansen Holding A/S, DSM Nutritional Products AG, Provita Eurotech Ltd, and Lallemand Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124