Feed Probiotics Market By Type (Lactobacilli, Bifidobacteria, and Other Types), By Application (Ruminants, Poultry, Swine, Aquatic animal, others (equine and pets)), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI404320 | Publish Date: May 2024 | No. of Pages: 168

Global Feed Probiotics Market By Overview

Feed Probiotics Market was valued at USD 3.6 Billion in 2024 and is projected to grow at a CAGR of 6.3% to reach USD 6.3 Billion by 2034.

Probiotics are the live microorganisms, such as Lactobacillus species, Bifidobacterium species and yeasts, which are good for improving the balance of the intestinal microflora of animals.  This is used mainly for the upkeep of the equilibrium of the intestinal microbiota of Application. Feed Probiotics play a vital role in the agriculture sector. The products used in animal nutrition for purposes of increasing the quality of feed and the quality of food for the animal, to improve the animals' performance and health, are called feed Probiotics.

Feed Probiotics Market Report

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Global Feed Probiotics Market By Drivers & Restraints

Growth in consumption of animal-based products, an increase in focus on animal health to prevent disease outbreaks. Mounting world population and the growing financial status of people in developing countries improve their demand for animal products. Which led to increase animal farming and create huge demand for the target market. For instance, according to fao.org application accounted for around 40 % of the global value of agricultural output and support the source of revenue and food security of almost 1.3 billion people. Additionally rise in safety concerns associated with the outbreak of application diseases is the major factor driving the target market growth. For instance, according to cdc.gov Experts guesstimate that more than 6 out of every 10 known communicable diseases in people are spread from animals, and 3 from every 4 new infectious diseases in people are spread from animals. However, International quality standards and regulations for probiotics in animal feed products restraining market growth.

Global Feed Probiotics Market By Segmentations & Regional Insights

The Feed Probiotics market is segmented based on By Type, by Application, and region.

By Type, the Feed Probiotics market is classified into Lactobacilli, Bifidobacteria, and Other Types. By Application, the global Feed Probiotics market is classified into Ruminants, Poultry, Swine, Aquatic animal, and others (equine and pets). Aquaculture segment is expected to show the highest CAGR in the forecast period. Owing to the rise in demand for seafood globally. Already, fish signifies 16 per cent of all animal protein consumed worldwide, and this amount of the world's food basket is expected to increase as customers with rising incomes, search for higher value seafood and as aquaculture thus the demand for seafood increases.

Regional Insights:

By region, Asia Pacific is expected to dominate the target market. Due to the rising in disposable income and the increase in demand for nutritional food products are the major factor driving the growth for the target market. Additionally the population density and the growing demand for the livestock which boosting the growth for the target market. Additionally There development in the production facilities and risk-management in the Application sector that's the result as an increase in the production of animal feed which has opened a countless of opportunities for the vendors that manufacture animal feed Probiotics.

Feed Probiotics Market, By Type:

  • Lactobacilli
  • Bifidobacteria
  • Other

Feed Probiotics Market, By Application:

  • Ruminants
  • Poultry
  • Swine
  • Aquatic animal
  • others (equine and pets)

Feed Probiotics Market, By Region:

  • North America
    • North America Feed Probiotics Market, By Type
      • North America Feed Probiotics Market, By Country
        • U.S.
        • Canada
      • North America Feed Probiotics Market, By Application  
      • Europe
        • Europe Feed Probiotics Market, By Type
        • Europe Feed Probiotics Market, By Application  
        • Europe Feed Probiotics Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Feed Probiotics Market, By Type
        • Asia Pacific Feed Probiotics Market, By Application  
        • Asia Pacific Feed Probiotics Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Feed Probiotics Market, By Type
        • Latin America Feed Probiotics Market, By Application  
        • Latin America Feed Probiotics Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Feed Probiotics Market, By Type
        • Middle East & Africa Feed Probiotics Market, By Application  
        • Middle East & Africa Feed Probiotics Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Feed Probiotics Market By Competitive Landscape & Key Players

The key players operating the Feed Probiotics market involves Provita Eurotech Ltd, Life Products Inc., Calpis Co. Ltd, Chr. Hansen A/S, Lallemand Inc., Danisco A/S, DSM Nutritional Products Inc., Orffa International Holding, Novus International Inc., Kemin Industries Inc. Key players in the market are focusing on research and development and product launch. For example in March 2018 Asahi Calpis Wellness Co. Ltd announce, probiotic Calsporin® has been approved by the European Commission for the use in feed for sows, suckling piglets and dogs.

Global Feed Probiotics Market By Company Profile

  • Provita Eurotech Ltd
  • Life Products Inc.
  • Calpis Co. Ltd
  • Chr. Hansen A/S
  • Lallemand Inc.
  • Danisco A/S
  • DSM Nutritional Products Inc.
  • Orffa International Holding
  • Novus International Inc.
  • Kemin Industries Inc.

FAQs

The Feed Probiotics Market report segments the market been segmented on the based on by type, by livestock and region.

Mounting world population and the growing financial status of people in developing countries improve their demand for animal products.

Asia Pacific is expected to dominate the target market.

The leading players operating in the Feed Probiotics Market includes Provita Eurotech Ltd, Life Products Inc., Calpis Co. Ltd, Chr. Hansen A/S, Lallemand Inc., Danisco A/S, DSM Nutritional Products Inc., Orffa International Holding, Novus International Inc., Kemin Industries Inc