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Probiotics are microorganisms that, on consumption, exert a positive effect on the health of human beings and animals.
According to our (Global Info Research) latest study, the global Probiotics in Animal Feed market size was valued at USD 4010.2 million in 2022 and is forecast to a readjusted size of USD 5284 million by 2029 with a CAGR of 4.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2017, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in the region are expected to boost the probiotics market for animal feed.
This report is a detailed and comprehensive analysis for global Probiotics in Animal Feed market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Probiotics in Animal Feed market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Probiotics in Animal Feed market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Probiotics in Animal Feed market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Probiotics in Animal Feed market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Probiotics in Animal Feed
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Probiotics in Animal Feed market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chr. Hansen, Koninklijke DSM, Lallemand, Lesaffre and Dupont, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Probiotics in Animal Feed market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Bacteria Source
- Yeast Source
Market segment by Application
- Cattle
- Poultry
- Swine
- Aquaculture
- Others
Major players covered
- Chr. Hansen
- Koninklijke DSM
- Lallemand
- Lesaffre
- Dupont
- Novozymes
- Calpis
- Purina
- Schouw
- Evonik
- Alltech
- Mitsui
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Probiotics in Animal Feed product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Probiotics in Animal Feed, with price, sales, revenue and global market share of Probiotics in Animal Feed from 2018 to 2023.
Chapter 3, the Probiotics in Animal Feed competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Probiotics in Animal Feed breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Probiotics in Animal Feed market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Probiotics in Animal Feed.
Chapter 14 and 15, to describe Probiotics in Animal Feed sales channel, distributors, customers, research findings and conclusion.