Probiotics are products that contain living microorganisms—bacteria and/or yeasts. Use of probiotics in animal feeds has been shown to benefit digestion,animal performance and the immune system.
The world’s population is expected to reach more than 9 billion by 2050, imposing food
security challenges particularly for developing countries. Moreover, economic growth has
increased the demand for livestock products putting pressure on the livestock sector to
produce more with limited resources. Nevertheless, the livestock sector is one of the fastest
growing agricultural sectors contributing about 40 percent of the global value of agricultural
production (Bruinsma, 2003), supporting the livelihoods and food security of almost 1.3 billion
people. This expansion poses issues regarding: the most efficient use of resources to produce
food for humans; effects of land conversion and more intensified use on conservation of
environmental services and biodiversity; effects of ruminant methane production on climate
change; and effects of climate change-induced temperature rise on animal production.
The dry form of probiotics in animal feed accounted for the largest market share in 2017. 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.
Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2017, 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 global Feed Probiotics market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of 7.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Feed Probiotics market based on company, product type, end user and key regions.
This report studies the global market size of Feed Probiotics in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Feed Probiotics in these regions.
This research report categorizes the global Feed Probiotics market by top players/brands, region, type and end user. This report also studies the global Feed Probiotics market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Chr. Hansen A/S
Koninklijke DSM N.V.
Lesaffre & CIE
E. I. Dupont De Nemours and Company
Calpis Co., Ltd.
Land O’lakes, Inc. (Purina Animal Nutrition)
Schouw & Co.
Evonik Industries AG
Mitsui & Co., Ltd
Market size by Product
Market size by End User
Others includes pets, equine, and rabbits
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Feed Probiotics market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Feed Probiotics market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Feed Probiotics companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Feed Probiotics submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Feed Probiotics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Feed Probiotics market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.