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Based on product, the lactobacilli segment held over USD 25.5 million revenue in 2022. The probiotic properties of lactobacilli, which is a kind of ‘good’ bacteria are currently being embraced by many sectors. The focus of research is on their impact on gut health, immunity as well as possible uses in functional food and drugs.
Based on Livestock, the poultry segment accounted for 45% of the animal feed probiotics market share in 2022. Poultry trends encompass a rise in alternative protein demand, increased focus on animal welfare, sustainable production practices, and adoption of advanced technology for efficient operations. Global consumption of poultry products is projected to continue growing.
U.S. animal feed probiotics market size dominated around USD 34.4 million in 2022. The natural and sustainable alternatives to antibiotics in livestock farming are currently preferable due to fear of increasing drug-resistant strains. The need for good quality animal protein, which translates to animal health and welfare is driving the use of probiotics in animal feeds supporting the market growth.