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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Probiotics In Animal Feed Market Share
Lactobacillus To Gain Traction For Enhancing Gut Health
Lactobacillus is likely to witness considerable growth in the animal feed probiotics market since it has shown strong proof of gut health improvement, digestion enhancement, and nutrient absorption. Its wide application across all animal species, such as poultry, cattle, and swine, makes this particular microbe very applicable in different agricultural settings. This factor aids in supporting the probiotics in animal feed industry revenue for the key players.
With the extensive research done on Lactobacillus, literature from scientific writings supports this system in terms of preventing gastrointestinal issues and promoting overall performance in animals. Further adding to the adoption rate is the fact that many regulatory frameworks in many regions worldwide favour Lactobacillus-based probiotics due to their proven safety and efficacy record. Bifidobacterium and yeast do contribute, but broad benefits position Lactobacillus as a leading choice.
Poultry Segment To Gain A Significant Share Owing To The Huge Consumption Of Poultry Meat Globally
As per probiotics in animal feed industry analysis, the future of the animal feed probiotics market will be driven by the poultry segment. Poultry farming commands major shares of meat production worldwide; hence, high demand for probiotics exists to enhance gut health, feed efficiency, and disease resistance. Probiotics can manage common problems associated with poultry, improve growth rates, and reduce the use of antibiotics, representing industry trends toward healthy and sustainable poultry production. These efficiency- and health-oriented mechanisms drive poultry as the lead application in probiotics.
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