Poultry Probiotic Ingredients Market Size

Poultry Probiotic Ingredients Market Size

Poultry Probiotic Ingredients Market size is expected to grow at over 6% CAGR between 2023 and 2032, attributed to the increasing consumer preference towards more sustainable and healthier food options. Probiotics, with their ability to promote gut health, boost immunity, and improve nutrient absorption in poultry birds, provide an effective alternative to traditional antibiotics and growth-promoting agents.

There is a rising concern about food safety and the usage of antibiotics in poultry production. With consumers constantly seeking poultry products that are free from antibiotic residues and other synthetic additives, the necessity for natural and safe alternatives such as probiotics has surged. Poultry producers are widely adopting probiotic ingredients to ensure the health and well-being of their flocks, propelling the industry growth.

Further, the rise in poultry intake, spurred by population growth, urbanization, and a shift towards protein-rich diets is shaping the poultry probiotic ingredients market dynamics. It remains a prevalent source of protein, as the demand for poultry products continue to escalate. According to USDA, the disparity between production and consumption has led to a surge in demand for poultry meat, with quantities rising from 69 million metric tons in 2001 to nearly 128 million metric tons in 2021. The focus on enhancing feed conversion ratios, improving growth rates, and reducing mortality rates in its flocks will boost the product demand.

Regulatory challenges and restrictions for the approval and use of probiotics in animal feed have created barriers for market growth. The stringent and evolving regulations focused at assuring the safety and efficacy of the product have led to uncertainty among producers, deterring their willingness to include these ingredients into poultry feed. Additionally, budget constraints and the relatively higher initial investment needed for adoption have acted as a limitation for some poultry farmers, particularly in smaller operations. These financial concerns, in conjunction with limited awareness and knowledge about the advantages of probiotics, have plummeted the industry growth.