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$5.07 Billion Probiotics in Animal Feed Market 2017-2022

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News provided by

Research and Markets

07 Sep, 2017, 15:15 GMT

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DUBLIN, September 7, 2017 /PRNewswire/ --

The "Probiotics in Animal Feed Market by Livestock (Poultry, Cattle, Swine, Aquaculture), Source (Bacteria (Lactobacilli, Streptococcus Thermophilus, Bifidobacteria), and Yeast), Form (Dry and Liquid), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The probiotics in animal feed market is projected to grow at a CAGR of 7.7% from 2017 to 2022, to reach a projected value of USD 5.07 Billion by 2022

The global demand for probiotics in animal feed is increasing significantly due to growing awareness about animal health among breeders, rising demand for nutrient-rich feed for animals, and increasing demand for quality animal feed products.

On the basis of source, the probiotics in animal feed market was led by the bacteria segment in 2016. Lactobacilli is one of the most largely commercially available sources of probiotics in animal feed. North American countries are expected to become major markets owing to the high awareness among customers and this contributes to the growth of the global probiotics in animal feed market in the near future.

The dry form of probiotics in animal feed accounted for the largest market share in 2016. Dry probiotics help in enhancing the shelf life of feed products, resulting in lower storage costs for feed manufacturers, thus increasing the demand for dry probiotics in animal feed.

The probiotics in animal feed market, on the basis of livestock, is segmented into poultry, cattle, swine, aquaculture, and others which include pets, equine, and rabbits. The poultry segment cover the largest market share due to increased production and consumer demand for poultry meat in developing regions such as Asia-Pacific and South America.

Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2016, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in the region are expected to boost the probiotics market for animal feed.

The major restraining factor for the probiotics in animal feed is time and investment required for regulatory approval. Regulations on the maximum quantity of probiotics that can be added to animal feed, processing methods, labeling, packaging, and storage conditions restrict the growth of the probiotics in animal feed market. Such regulations restrict new players from entering the market, thus restricting the market growth.

Companies such as E. I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands) have acquired leading market position through the provision of a broad portfolio, catering to the varied requirements of the market, along with a focus on the diverse end user segments. They are also focused on innovation and are geographically diversified.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in The Probiotics in Animal Feed Market
4.2 Probiotics in Animal Feed Market Growth, By Country
4.3 Asia-Pacific Probiotic in Animal Feed Market, By Country and By Livestock
4.4 Dry Form Segment Dominated The Market for Probiotics in Animal Feed
4.5 Bacteria-Based Probiotics to Lead The Market Through 2022

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Global Increase in Demand for Superior-Quality Animal Products
5.2.1.2 Increase in Focus on Animal Health to Prevent Disease Outbreaks
5.2.1.3 Shift of Livestock Industry From Unorganized Sector to an Organized One
5.2.2 Restraints
5.2.2.1 Stringent International Quality Standards and Regulations for Probiotic Products
5.2.3 Opportunities
5.2.3.1 Ban on The Use of Antibiotic Growth Promoters in Animal Feed in EU
5.2.3.2 Promoting Health Benefits of Probiotics on Products Labels to Create Awareness Among Livestock Farmers
5.2.3.3 Implementation of Innovative Animal Husbandry Practices to Improve The Quality of Meat
5.2.4 Challenges
5.2.4.1 Reduction of The Cost of Production of Probiotics
5.3 Supply Chain Analysis

6 Regulations
6.1 Introduction
6.2 International Body for Animal Feed Safety Standards and Regulations
6.2.1 Codex Alimentarius Commission (CAC)
6.3 North America: Regulatory Environment Analysis
6.3.1 U.S.
6.3.2 Canada
6.4 Europe: Regulatory Environment Analysis
6.5 Asia-Pacific: Regulatory Environment Analysis
6.6 South America: Regulatory Environment Analysis

7 Probiotics in Animal Feed Market, By Livestock
7.1 Introduction
7.2 Cattle
7.3 Poultry
7.4 Swine
7.5 Aquaculture
7.6 Others

8 Probiotics in Animal Feed Market, By Form
8.1 Introduction
8.2 Dry
8.3 Liquid

9 Probiotics in Animal Feed Market, By Source
9.1 Introduction
9.2 Bacteria
9.2.1 Lactobacilli
9.2.1.1 Research on Lactobacilli
9.2.2 Streptococcus Thermophilus
9.2.2.1 Probiotic Properties of Streptococcus Thermophilus
9.2.3 Bifidobacteria
9.2.3.1 Research on Bifidobacteria
9.3 Yeast

10 Probiotics in Animal Feed Market, By Function
10.1 Introduction
10.2 Nutrition
10.3 Gut Health
10.4 Carcass Yield
10.5 Immunity
10.6 Productivity

11 Probiotics in Animal Feed Market, By Region

12 Competitive Landscape

13 Company Profiles

  • Advanced Bionutrition Corp (Columbia)
  • Alltech (U.S.)
  • Bio Armor Dveloppement S.A.R.L (France)
  • Bio-Vet, Inc.(Bulgaria)
  • Calpis Co., Ltd. (Japan)
  • Chevita GmbH (Germany)
  • Chr. Hansen A/S (Denmark)
  • Dupont (U.S.)
  • Evonik Industries AG (Germany)
  • Kauffman's Animal Health Inc. (U.S.)
  • Koninklijke DSM N.V. (Netherlands)
  • Lallemand Inc. (Canada)
  • Land O'lakes, Inc. (U.S.)
  • Lesaffre & Cie (France)
  • Manna Pro Products, LLC (U.S.)
  • Mitsui & Co., Ltd. (Japan)
  • Miyarisan Pharmaceutical Co., Ltd (Japan)
  • Nebraska Cultures Inc. (Canada)
  • Novozymes A/S (Denmark)
  • Pharma-Zentrale GmbH (Germany)
  • Probiotics International Ltd. (U.K.)
  • Provita Eurotech Limited (Ireland)
  • Rubinum S.A. (Spain)
  • Schell & Kampeter, Inc. (U.S.)
  • Schouw & Co. (Denmark)

For more information about this report visit https://www.researchandmarkets.com/research/snqppg/probiotics_in

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

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