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Animal Feed Probiotics Market Analysis

  • Report ID: GMI5393
  • Published Date: Oct 2023
  • Report Format: PDF

Animal Feed Probiotics Market Analysis

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.

 

Animal Feed Probiotics Market Revenue Share, By Livestock, (2022)

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 Revenue, 2021 - 2032 (USD Million)

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.

Authors: Kunal Ahuja, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of animal feed probiotics reached USD 214.8 million in 2022 and is set to cross USD 456 million by the end of 2032.

Lactobacilli segment held a majority market value of USD 25.5 million in 2022, as the probiotic properties of lactobacilli, which is a kind of ‘good’ bacteria, are being embraced by many sectors.

U.S. market size crossed USD 34.4 million in 2022, as the natural and sustainable alternatives to antibiotics in livestock farming are preferred due to fear of increasing drug-resistant strains.

ADM (ARCHER-DANIELS-MIDLAND COMPANY), Evonik Industries, LAND O’ LAKES, Inc., Koninklijke DSM N.V., International Flavors & Fragrances Inc., Ohly, Chr. Hansen Holding A/S, Kemin Industries, Inc., Provita Animal Health, Arm & Hammer Animal and Food Production (A Church & Dwight Co., Inc. Company), Alltech., Orffa, Cargill, Adisseo (A Bluestar Company).

Animal Feed Probiotics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 496
  • Countries covered: 19
  • Pages: 150
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