Probiotics are commonly used in animal feed, particularly in the production of pigs and poultry, as growth and health stimulants. Probiotics are frequently referred to as “a live microbial feed additive that benefits the host animal by improving intestinal equilibrium.” Probiotics are beneficial bacteria that live in the intestine. Billions of these bacteria (and some yeast) live in the gastrointestinal systems of animals. These helpful gut bacteria regulate the internal environment, avoiding illness and promoting wellness. This probiotics in animal feed market report includes segment analysis by source, livestock, form, and geography.
Probiotics in Animal Feed Market Report Scope and Research Methodology:
The main aim of the report is to provide a complete analysis of the Probiotics in Animal Feed market in simple language including qualitative and quantitative data. It also provides an in-depth analysis of the latest trends in each segment from 2022-2029 with a comprehensive analysis of the Probiotics in Animal Feed market drivers, restraints, challenges and opportunities. The report covers all the main aspects of the Probiotics in Animal Feed market with an analysis of the value chain, PESTLE Analysis, Porter’s Five Forces model, market forecasts in terms of value competitive landscape, Key players benchmarking, market dynamics and future trends in the market.
The bottom-up approach was used to estimate the and regional Probiotics in Animal Feed market size. The primary and secondary research methods were used to get the data and the data was gathered by using both methodologies to get accurate and error-free findings on the Probiotics in Animal Feed market. The primary research included interviews with industry participants, subject-matter experts, high-level executives of key market players, industry consultants and other experts. The secondary research includes data collection from the selected set of sources for the Probiotics in Animal Feed market report. The PESTLE analysis used in the report, aids in the development of company strategies in the Probiotics in Animal Feed industry. SWOT analysis was conducted to provide the strengths and weaknesses of the Probiotics in Animal Feed Market.
Probiotics in Animal Feed Market Report Overview:
Stellar Market Research has issued reports that assist clients in understanding the landscape of the Probiotics in Animal Feed Market in which the client competes. The research provides market insights to help businesses predict future demand for their product and how competitive the Probiotics in Animal Feed is going to be. The Probiotics in Animal Feed Market overview provides detailed information on the market’s size, trade data, key players, and various market metrics such as life cycle, trends, and so on.
Probiotics in Animal Feed Market size was valued at US$ 5.20 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.8% through 2023 to 2029, reaching nearly US$ 9.39 Bn.
Click For Sample Report:https://www.stellarmr.com/report/req_sample/Probiotics-in-Animal-Feed-Market/401
Probiotics in Animal Feed Market Dynamics:
Compound feeds are in high demand in Asia Pacific, North America, and Europe, owing to increased demand for meat and meat products and a growing awareness among consumers worldwide of the importance of protein-rich diets. According to the Food and Agriculture Organisation (FAO), demand for food products would rise by 60% by 2050, while demand for animal protein will rise by 1.7% per year. The world’s leading feed producers include China, the United States, Brazil, Mexico, Spain, India, and Russia. The demand for chicken and red meat in these nations has been increasing, which has contributed to the expansion of the probiotics in animal feed industry.
Probiotics in Animal Feed Market Segmentation:
Ruminants, Poultry, Swine, Aquaculture, Pets, and Other animals are the livestock segments of the market. Poultry meat consumption has increased over time due to its lower fat content than beef and veal. The US Food and Drug Administration (USFDA) has prohibited the use of antibiotics as feed additives to help livestock and poultry grow quicker. As a result, prominent corporations are focusing their efforts on providing high-quality probiotics in livestock feed, such as chicken feed. These are the reasons projected to boost the growth of the Poultry segment in the Probiotics in Animal Feed market between 2021 and 2027.
According to the source, the probiotics in animal feed industry is divided into Bacteria, Yeast, and Fungi. Lactobacilli, Streptococcus thermophilus, and Bifidobacterium are some of the most commonly used bacterial strains in the animal feed industry. Many health benefits, such as improved digestive health, greater output, and animal immunity, are attributed to the high profitability.
The probiotics in animal feed industry is divided into two types: dry and liquid. Dry probiotics are preferred over liquid probiotics because they are easier to transport and have a longer shelf life. These are common in cattle, swine, and poultry feed. Because of their higher moisture content, liquid probiotics are also more susceptible to contamination, which may result in undesirable culture.
Probiotics in Animal Feed Market Regional Insights:
The Regional Analysis in the report helps to understand the Probiotics in Animal Feed market in various countries. Every region has different factors such as political, geographic, buying behavior, etc. which are affecting the Probiotics in Animal Feed market. Local development plans are often affected by the performance of Probiotics in Animal Feed market. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions covering North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Probiotics in Animal Feed Market Key Players:
Du Chr. Hansen (Denmark)
Koninklijke DSM N.V. (Netherlands)
DuPont (US)
Evonik Industries (Germany)
Land O’Lakes (US)
Mitsui & Co., Ltd. (Japan)
Ohly (Denmark)
Lesaffre (France)
Alltech (US)
Novozymes (Denmark)
Calpis Co., Ltd. (Japan)
Unique Biotech (India)
Pure Cultures (US)
Key questions answered in the Automotive Relay Market are:
- What is Probiotics in Animal Feed Market?
- What are the trends in the Probiotics in Animal Feed Market?
- What are the factors contributing to the final price of Probiotics in Animal Feed Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Probiotics in Animal Feed Market?
- How is the intervention from regulatory authority is shaping the Probiotics in Animal Feed Market?
- What growth strategies are the players considering to increase their presence in Probiotics in Animal Feed Market?
- Who held the largest market share in Probiotics in Animal Feed Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
For More Information About This Research Please Visit :https://www.stellarmr.com/report/req_sample/Probiotics-in-Animal-Feed-Market/401
About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
Contact Stellar Market Research
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud,
Pune, Maharashtra, 411029
+91 20 6630 3320 +91 9607365656
Related Report Link:
http://prsync.com/stellar-market-research/industry–market-global-industry-analysis-and-forecast–3765540/
http://prsync.com/stellar-market-research/automated-optical-inspection-market-size-and-forecast–3765543/
http://prsync.com/stellar-market-research/vertical-farming-market-global-industry-analysis-and-forecast–3765544/
http://prsync.com/stellar-market-research/digital-agriculture-market-industry-analysis-and-forecast–3765546/
http://prsync.com/stellar-market-research/Probiotics in Animal Feed -market-global-industry-analysis-and-forecast–3765548/
