Animal Feed Probiotics Market Size - By Product (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus), Livestock (Poultry, Swine, Cattle, Aquaculture, Pet Food, Equine), Growth Prospects, Regional Outlook & Global Forecast, 2023 – 2032
Published on: 2024-07-28 | No of Pages : 240 | Industry : Animal Health and Nutrition
Publisher : MIR | Format : PDF&Excel
Animal Feed Probiotics Market Size - By Product (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus), Livestock (Poultry, Swine, Cattle, Aquaculture, Pet Food, Equine), Growth Prospects, Regional Outlook & Global Forecast, 2023 – 2032
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.
Report Attribute | Details |
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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 |
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Pitfalls & Challenges |
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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.
COVID-19 Impact
The animal feed probiotics industry was disturbed by the COVID-19 pandemic resulting in logistical difficulties and decrease production. Nevertheless, demand for probiotics in animal feed rose due to increased attention to animal health and immunity during the crisis that encouraged farmers to improve animal welfare and resistance with limited supplies.
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.
Animal Feed Probiotics Market Analysis
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Based on product, the lactobacilli segment held over USD 25.5 million revenue in 2022. The probiotic properties of lactobacilli, which is a kind of ‘good’ bacteria are currently being embraced by many sectors. The focus of research is on their impact on gut health, immunity as well as possible uses in functional food and drugs.
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Based on Livestock, the poultry segment accounted for 45% of the animal feed probiotics market share in 2022. Poultry trends encompass a rise in alternative protein demand, increased focus on animal welfare, sustainable production practices, and adoption of advanced technology for efficient operations. Global consumption of poultry products is projected to continue growing.
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U.S. animal feed probiotics market size dominated around USD 34.4 million in 2022. The natural and sustainable alternatives to antibiotics in livestock farming are currently preferable due to fear of increasing drug-resistant strains. The need for good quality animal protein, which translates to animal health and welfare is driving the use of probiotics in animal feeds supporting the market growth.
Animal Feed Probiotics Market Share
Some of the major companies operating in the animal feed probiotics industry are
- 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.)
- Alltech.
- Orffa
- Cargill
- Adisseo (A Bluestar Company)
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Animal Feed Probiotics Industry News
- In 15th December, 2022 Adisseo announced that it will be acquiring Nor-Feed. This investment is a key step for Adisseo in its strategy of developing specialty ingredients, and its ambition to make Nor Feed a French leader in functional plant extracts for animal nutrition.
- In May 2021, The U.S. Food and Drug Administration (FDA) responded with a letter of no objection to Cargill’s GRAS (Generally Recognized as Safe) notification for EpiCor® postbiotic use in certain foods and beverages. Consumers are becoming more aware of product ingredients and safety. The U.S. Food and Drug Administration (FDA) responded with a letter of no objection, which will help Cargill gain customer credibility and trust.
The animal feed probiotics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments
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Market, By Product
- Lactobacilli
- Bifidobacterium
- Streptococcus
- Bacillus
- Others
Market, By Livestock
- Poultry
- Broiler
- Layer
- Turkey
- Swine
- Starter
- Grower
- Sow
- Cattle
- Dairy
- Calf
- Aquaculture
- Salmon
- Trout
- Shrimp
- Carp
- Pet food
- Dog
- Cat
- Equine
- Others
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Latin America
- Brazil
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Content
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