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Animal Feed Probiotics Market Trends

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

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Animal Feed Probiotics Market Trends

The current trend in the animal feed probiotics industry is increased demand for natural growth promoters, growing awareness about antibiotic resistance, transition to eco-friendly rearing of animals and developing special products for particular animal health needs. Finally, the regulatory climate towards safe commercialization of such probiotic products for animal nutrition has also caused impacts on marketing trends that have pushed firms forward in new formulations, inventions, market entry strategies among others.

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).