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Probiotics In Animal Feed Global Market Report 2024

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    Report

  • 200 Pages
  • December 2023
  • Region: Global
  • The Business Research Company
  • ID: 5744342

Quick Summary:

Emerging on the forefront of global agricultural solutions, the probiotics in animal feed market offers promising potential for augmented health outcomes and improved yields. Harnessing the power of live microbial feed additives, this sector stimulates the growth and health of farm animal populations, presenting significant advancements in productivity, disease prevention and overall well-being. The use of these probiotics not only Catalyzes the production of meat and eggs, but also helps sustain a more robust and resilient livestock over the long term.

Asia-Pacific stands as the dominant region in this thriving market, with significant growth projected in the years to come. Demand for these dietary additives is increasingly spurred by the escalating consumption of eggs and poultry worldwide. Bolstering this demand are proactive market players who seek innovative collaborations and strategic partnerships to expand product development and enhance their global reach. Our comprehensive market research report provides an insightful and extensive analysis of thist fast-evolving domain.

Probiotics in animal feed refer to live microbial feed additives that enhance the intestinal balance of the host animal. They are widely used in animal feeding and are considered growth and health stimulators. Most probiotics employed in animal nutrition are commercially produced and available in liquid and solid forms.

The main forms of probiotics in animal feed include dry and liquid. Dry probiotics are incorporated into animal feed in the form of dried powder, tablets, and capsules. They come in various shapes and sizes and are produced using a freeze-drying method. The various sources of probiotics in animal feed include bacteria, yeast, and fungi. Probiotics are used in the feed for cattle, poultry, swine, aquaculture, and other applications.

The probiotics in animal feed market research report are one of a series of new reports that provides probiotics in animal feed market statistics, including probiotics in animal feed industry global market size, regional shares, competitors with market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the probiotics in the animal feed industry. This probiotics in animal feed market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The probiotics in animal feed market size has grown strongly in recent years. It will grow from $4.67 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth observed in the historical period can be attributed to factors such as the reduction of antibiotics in animal agriculture, the increased pet population, growing pressure on feed productivity with a high demand for a faster feed conversion rate, efforts to improve animal health and decrease antibiotic usage in animal feed, and an increase in disease prevalence.

The probiotics in animal feed market size is expected to see strong growth in the next few years. It will grow to $7.25 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The anticipated growth in the forecast period can be attributed to factors such as the intensification of livestock production, a shift towards natural and organic farming practices, the increasing demand for animal protein driven by the growing global population, the rise in industrialized livestock production, and a growing awareness among farmers and animal nutritionists. Major trends expected in the forecast period encompass the development of special products tailored for specific animal health needs, the application of microencapsulation and other cutting-edge technologies, increased focus on research and innovation in the field, the creation of customized probiotic solutions, and an expansion into aquaculture.

The growth in demand for eggs and poultry meat is a significant driver of the probiotics in the animal feed market. This surge is attributed to factors such as population growth, increased purchasing power, and urbanization. A heightened awareness of the nutritional benefits of eggs and meat further fuels their demand. Probiotics play a crucial role as additives in poultry feed, contributing to disease prevention and enhancing immunity in farm animals, resulting in increased egg and meat production. For example, the United States Department of Agriculture reported a considerable increase in the total value of egg production in the U.S., reaching $19.4 billion in 2022, a substantial rise from $8.71 billion in 2021. Despite a slight decrease in the overall number of eggs produced, this indicates a robust demand for eggs and poultry meat, consequently boosting the need for probiotics in animal feed.

The growth of probiotics in the animal feed market is further propelled by the increasing trend of pet adoption. Pet adoption involves acquiring animals through rescue groups instead of traditional channels like pet shops or breeders. As protein- and fat-rich meals are essential for the well-being of companion animals, such as dogs, the demand for pet food is on the rise. In 2021, the U.S.-based online retailer Chewy Inc. reported a significant increase in pet adoption, with around 977,202 pets adopted in the U.S. Furthermore, a national survey by Animal Medicines Australia revealed that about half of Australian households had at least one dog in 2022, showcasing a rise from 40% in 2019. This surge in pet adoption contributes to the growing demand for probiotics in animal feed, particularly in the pet food sector.

A notable trend in the probiotics in the animal feed market is the emphasis on partnerships and collaborations. Companies operating in this market are actively establishing partnerships with relevant technology firms to broaden their product development initiatives and extend their market reach. For instance, in January 2023, German specialty chemicals company Evonik partnered with Dr. Eckel Animal Nutrition, a German-based animal feed manufacturer, to expand its animal nutrition gut health portfolio. This collaboration includes the addition of phytogenics to Evonik's product offerings, complementing its existing probiotics targeted at laying hens.

Major companies in the probiotics in the animal feed market are dedicated to developing innovative products, such as probiotic solutions for animal feed. Probiotics and prebiotics are increasingly incorporated into modern animal feed formulations to promote balanced intestinal flora in monogastric animals and create an optimal ruminal environment in ruminants. In July 2022, U.S.-based bioscience company Kemin launched ENTEROSURE, a new probiotic solution designed to foster a healthy microbiome, enhance intestinal resistance, address gut health issues, and boost overall animal productivity. This innovative product aims to help the poultry and livestock industry mitigate the impact of enteric disease challenges, a persistent concern for producers.

In January 2021, Denmark-based biotechnology company Novozymes acquired Microbiome Labs for $125 million. This strategic move positions Novozymes to focus on probiotics for human use as a growth area, allowing them to advance their work in human health, broaden their portfolio, and strengthen their leadership in the North American probiotics market. Microbiome Labs, based in Illinois, specializes in providing probiotic bacteriotherapy.

Major companies operating in the probiotics in animal feed market include Chr. Hansen Holding A/S, Royal DSM N.V., E. I. du Pont de Nemours and Company, Evonik Industries AG, Land O'Lakes Inc., Alltech Inc., Adisseo France SAS, Lallemand Inc., Archer-Daniels-Midland Company (ADM), Orffa Additives B.V., Provita Eurotech Ltd., Calpis Co. Ltd., Danisco A/S, Lesaffre, Novozymes A/S, Ohly GmbH, Kemin Industries Inc., Biomin Holding GmbH, Novus International Inc., Cargill Incorporated, BASF SE, Nutreco N.V., Yakult Honsha Co. Ltd., Novartis International AG, Bayer Aktiengesellschaft, Boehringer Ingelheim International GmbH, Merck & Co. Inc., Zoetis Inc., Elanco Animal Health Incorporated

Asia-Pacific was the largest region in the probiotics in animal feed market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global probiotics in animal feed market share during the forecast period. The regions covered in the probiotics in animal feed market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the probiotics in animal feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The prebiotics in the amimal feed market consists of sales of lactobacillus, bacillus, streptococcus, pediococcus, enterococcus, bifidobacterium, and propionibacterium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Probiotics In Animal Feed Market Characteristics3. Probiotics In Animal Feed Market Trends And Strategies
4. Probiotics In Animal Feed Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Probiotics In Animal Feed Market Size and Growth
5.1. Global Probiotics In Animal Feed Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Probiotics In Animal Feed Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Probiotics In Animal Feed Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Probiotics In Animal Feed Market Segmentation
6.1. Global Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dry
Liquid
6.2. Global Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bacteria
Yeast and Fungi
6.3. Global Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cattle
Poultry
Swine
Aquaculture
Other Applications
7. Probiotics In Animal Feed Market Regional And Country Analysis
7.1. Global Probiotics In Animal Feed Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Probiotics In Animal Feed Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Probiotics In Animal Feed Market
8.1. Asia-Pacific Probiotics In Animal Feed Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Probiotics In Animal Feed Market
9.1. China Probiotics In Animal Feed Market Overview
9.2. China Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Probiotics In Animal Feed Market
10.1. India Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Probiotics In Animal Feed Market
11.1. Japan Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Probiotics In Animal Feed Market
12.1. Australia Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Probiotics In Animal Feed Market
13.1. Indonesia Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Probiotics In Animal Feed Market
14.1. South Korea Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Probiotics In Animal Feed Market
15.1. Western Europe Probiotics In Animal Feed Market Overview
15.2. Western Europe Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Probiotics In Animal Feed Market
16.1. UK Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Probiotics In Animal Feed Market
17.1. Germany Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Probiotics In Animal Feed Market
18.5. France Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Probiotics In Animal Feed Market
19.9. Italy Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Probiotics In Animal Feed Market
20.13. Spain Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Probiotics In Animal Feed Market
21.1. Eastern Europe Probiotics In Animal Feed Market Overview
21.2. Eastern Europe Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Probiotics In Animal Feed Market
22.1. Russia Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Probiotics In Animal Feed Market
23.1. North America Probiotics In Animal Feed Market Overview
23.2. North America Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Probiotics In Animal Feed Market
24.1. USA Probiotics In Animal Feed Market Overview
24.2. USA Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Probiotics In Animal Feed Market
25.1. Canada Probiotics In Animal Feed Market Overview
25.2. Canada Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Probiotics In Animal Feed Market
26.1. South America Probiotics In Animal Feed Market Overview
26.2. South America Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Probiotics In Animal Feed Market
27.1. Brazil Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Probiotics In Animal Feed Market
28.1. Middle East Probiotics In Animal Feed Market Overview
28.2. Middle East Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Probiotics In Animal Feed Market
29.1. Africa Probiotics In Animal Feed Market Overview
29.2. Africa Probiotics In Animal Feed Market, Segmentation By Form Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Probiotics In Animal Feed Market, Segmentation By Source Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Probiotics In Animal Feed Market, Segmentation By Application Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Probiotics In Animal Feed Market Competitive Landscape And Company Profiles
30.1. Probiotics In Animal Feed Market Competitive Landscape
30.2. Probiotics In Animal Feed Market Company Profiles
30.2.1. Chr. Hansen Holding A/S
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Royal DSM N.V.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. E. I. du Pont de Nemours and Company
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Evonik Industries AG
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Land O'Lakes Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Probiotics In Animal Feed Market Competitive Benchmarking32. Global Probiotics In Animal Feed Market Competitive Dashboard33. Key Mergers And Acquisitions In The Probiotics In Animal Feed Market
34. Probiotics In Animal Feed Market Future Outlook and Potential Analysis
34.1 Probiotics In Animal Feed Market In 2028 - Countries Offering Most New Opportunities
34.2 Probiotics In Animal Feed Market In 2028 - Segments Offering Most New Opportunities
34.3 Probiotics In Animal Feed Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Probiotics In Animal Feed Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on probiotics in animal feed market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for probiotics in animal feed? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Form Type: Dry; Liquid 2) By Source Type: Bacteria; Yeast and Fungi 3) By Application Type: Cattle; Poultry; Swine; Aquaculture; Other Applications
  • Companies Mentioned: Chr. Hansen Holding A/S; Royal DSM N.V.; E. I. du Pont de Nemours and Company; Evonik Industries AG; Land O'Lakes Inc.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Chr. Hansen Holding A/S
  • Royal DSM N.V.
  • E. I. du Pont de Nemours and Company
  • Evonik Industries AG
  • Land O'Lakes Inc.
  • Alltech Inc.
  • Adisseo France SAS
  • Lallemand Inc.
  • Archer-Daniels-Midland Company (ADM)
  • Orffa Additives B.V.
  • Provita Eurotech Ltd.
  • Calpis Co. Ltd.
  • Danisco A/S
  • Lesaffre
  • Novozymes A/S
  • Ohly GmbH
  • Kemin Industries Inc.
  • Biomin Holding GmbH
  • Novus International Inc.
  • Cargill Incorporated
  • BASF SE
  • Nutreco N.V.
  • Yakult Honsha Co. Ltd.
  • Novartis International AG
  • Bayer Aktiengesellschaft
  • Boehringer Ingelheim International GmbH
  • Merck & Co. Inc.
  • Zoetis Inc.
  • Elanco Animal Health Incorporated

Methodology

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