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Animal Feed Probiotics Market Size

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

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Animal Feed Probiotics Market Size

Animal Feed Probiotics Market size was valued at USD 214.8 million in 2022 and is estimated to grow at over 7.9% CAGR from 2023 to 2032, due to growing recognition that animal intestinal health plays an integral role in general animal comfort and effectiveness.

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This results in a growing awareness among farmers and animal nutritionists on how beneficial it is to use probiotics in animal feed to improve digestion, enhance nutrient absorption, boost immune systems, and help reduce diseases in livestock and pets.

Animal Feed Probiotics Market Report Attributes
Report Attribute	Details
Base Year:	2022
Animal Feed Probiotics Market Size in 2022:	USD 214.8 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.9%
2032 Value Projection:	USD 456 Million
Historical Data for:	2018 to 2022
No. of Pages:	150
Tables, Charts & Figures:	496
Segments covered:	Product, Livestock, Region
Growth Drivers:	Increasing in the production of compound feed Growing consumer demand for convenience and ready-to-eat meat products Increase in incidences of intestinal disorder among livestock
Pitfalls & Challenges:	Lack of standardized regulatory guidelines

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Strict government regulations have resulted in increased challenges for the market. As per the U.S. government norms, enzymes need to be certified safe by the FDA before they can be used for livestock. Feed enzymes are regulated as food additives and are subjected to a Food Additive Petition unless the enzyme is Generally Recognized as Safe (GRAS) for its intended use in accordance with federal law.

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).