A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the global
A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the global animal feed probiotics market is estimated to be valued at US$ 3.51 billion in 2024 and is projected to reach US$ 6.65 billion by the end of 2034, reveals Fact.MR, a market research and competitive intelligence provider.
The market is expanding at a significant pace driven by the increasing emphasis on animal health, the shift towards sustainable farming practices, and the demand for high-quality animal products. Probiotics, comprising beneficial microorganisms such as bacteria and yeast, are incorporated into animal feed to enhance digestive health, improve nutrient absorption, and boost overall immunity in livestock and poultry.
A key trend in the animal feed probiotics market is the development of customized probiotic solutions for specific animal species. Companies are investing in research to formulate probiotic strains that cater to the unique digestive and health needs of poultry, swine, cattle, and other livestock, driving significant revenue growth.
Market players are also focusing on technological advancements in probiotic formulations to enhance livestock production. Innovations such as microencapsulation and protective coatings improve the stability and viability of probiotic cultures, ensuring their effectiveness throughout feed manufacturing and digestion.
The growing global demand for meat and dairy products is another major factor fueling market expansion. Probiotics enhance feed efficiency and animal health, supporting the rising need for high-quality animal products in the market.
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Key Takeaways from Market Study:
“Animal feed probiotics, being natural supplements, are in high demand as a viable solution to reduce the reliance on antibiotics, enhance animal well-being, and promote eco-friendly farming practices,” says a Fact.MR analyst.
Leading Manufacturers Progressing in the Animal Feed Probiotics Market
Leading manufacturers of animal feed probiotics market include Chr. Hansen Holding A/S, Lallemand Inc., Koninklijke DSM N.V., and Evonik Industries AG. Leading companies are at the forefront of innovation, investing in research and development initiatives to introduce novel probiotic solutions.
Several companies are actively pursuing global expansion strategies, identifying new markets, and tailoring their products to regional preferences. This approach is aiding them in diverse market presence and access to a broad customer base.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global animal feed probiotics market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights on the market based on source (bifidobacterium, lactobacillus, bacillus, enterococcus, streptococcus, pediococcus, saccharomyces, propionibacterium, yeast, others), animal type (companion animals, poultry, cattle, swine, aquatic, others), form (liquid, dry), and sales channel (modern trade, specialty stores, online retailers, convenience stores, direct sales), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
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