Global Probiotics in Animal Feed Market Insights Forecasts to 2032

• The Global Probiotics in Animal Feed Market Size was valued at USD 5.1 billion in 2022.
• The Market is growing at a CAGR of 7.6% from 2022 to 2032
• The Worldwide Probiotics in Animal Feed Market Size is expected to reach USD 10.7 billion by 2032
• Asia Pacific is expected to grow the fastest during the forecast period

 

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The Global Probiotics in Animal Feed Market Size is projected to exceed USD 10.7 billion by 2032, growing at a CAGR of 7.6% from 2022 to 2032. The demand for probiotics in livestock feed in fortified foods is expected to remain high due to increased consumer awareness of their benefits and a desire to purchase premium products containing probiotics in animal feed. The addition of probiotics in animal feed has been shown to improve the overall health of animals. With rising global demand for eggs and poultry meat, the poultry market has grown gradually over the last decade.

 

Market Overview

Probiotics boost livestock intestinal health, support the digestive system, and accelerate biological digestion processes. As a result, they are frequently utilized as vital components in animal feed products, which contributes to market growth. The use of live microorganisms or beneficial bacteria as feed additives for livestock and other animals is referred to as probiotics in animal feed. These probiotics are known to improve animal health and nutrition, resulting in increased growth rates, improved immune function, and improved feed conversion efficiency. The market for probiotics in animal feed is driven by a growing awareness of the importance of animal health and nutrition, and the need to reduce the use of antibiotics in livestock production. As consumers become more conscious about the quality and safety of their food, the demand for natural and organic animal products has increased, which has led to greater adoption of probiotics in animal feed.

 

Key players operating in the global probiotics in animal feed market include Koninklijke DSM N.V., Chr. Hansen Holding A/S, Novozymes A/S, Lallemand Inc., Lesaffre et Compagnie, and E.I. du Pont de Nemours and Company. These companies are engaged in research and development activities to develop innovative probiotic products for animal feed and are also focusing on expanding their presence in emerging markets to tap into the growing demand for probiotics in animal feed.

 

For instance, in July 2022, Kemin Industries introduced ENTEROSURE, an innovative probiotic solution. The worldwide company's next-generation probiotic helps minimize the risk of diseases influencing livestock and poultry intestinal wellness.

 

Report Coverage

This research report categorizes the market for global probiotics in animal feed market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the probiotics in animal feed market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the probiotics in animal feed market.

 

Driving Factors

The growing population, rising disposable income, and changing dietary habits of consumers have led to an increase in demand for animal-based products such as meat, milk, and eggs. This has resulted in a greater demand for healthy and high-quality animal feed that can improve the growth and overall health of livestock. There is a growing concern among consumers, animal welfare organizations, and governments about the use of antibiotics and other chemical additives in animal feed. Probiotics are seen as a natural and safe alternative to antibiotics, as they improve animal health and reduce the need for antibiotic use in livestock production.

 

The growth of animal feed industry is another key driver of probiotics in animal feed market. As the demand for animal-based products continues to increase, animal feed industry is expanding to meet this demand. This has resulted in increased adoption of probiotics in animal feed to improve the nutritional quality and safety of animal feed. The nutritional quality of animal feed is a critical factor that can impact the overall health and productivity of livestock. Probiotics are known to improve the digestion and absorption of nutrients in animals, leading to better growth rates and feed conversion efficiency.

 

Restraining Factors

The regulations governing the use of probiotics in animal feed can be complex and vary between different countries and regions. This can create barriers to entry for new market players and limit the growth of the market. In some regions, such as the European Union, probiotics are classified as feed additives and are subject to strict regulations. In other regions, such as the United States, probiotics are considered to be generally recognized as safe (GRAS) and do not require pre-market approval from regulatory authorities. Major expenditures in research and development activities, as well as investments in testing facilities and research equipment, as well as the high cost of hiring qualified employees, create obstacles to the growth of the market for probiotics in animal feed.

 

Market Segmentation

The Global Probiotics in Animal Feed Market share is classified into source, livestock, and form.

 

• The bacteria segment is expected to hold the largest share of the global probiotics in animal feed market over the forecast period.

Based on the source, the global probiotics in animal feed market are divided into yeast and bacteria. Among these, the bacteria segment is expected to hold the largest share of the global probiotics in animal feed market over the forecast period. The growth can be attributed due to their widespread use in monogastric animals. Bacteria-based probiotics are also widely used in animal feed, particularly for monogastric animals such as pigs and poultry. Lactic acid bacteria are commonly used in these animals, as they can help to improve gut health, nutrient absorption, and immune function. Bacteria-based probiotics can help to reduce the risk of pathogen colonization in the gut, leading to a lower incidence of diseases.

 

• The poultry segment is anticipated to hold the largest share of the global probiotics in animal feed market over the projected period.

Based on livestock, the global probiotics in animal feed market are divided into ruminants, poultry, swine, aquaculture, and pets. Among these, the poultry segment is anticipated to hold the largest share of the global probiotics in animal feed market over the projected period. The growth can be attributed due to the presence of a large number of poultry farms around the world. Poultry, such as chickens and turkeys, are monogastric animals and have different digestive requirements than ruminants. Probiotics, particularly bacteria-based probiotics, are commonly used in poultry feed to improve gut health and immune function. Additionally, probiotics can help to reduce the risk of diseases such as coccidiosis, which can impact productivity.

 

• The dry segment is expected to hold the largest share of the global probiotics in animal feed market over the forecast period.

On the basis of the form, the global probiotics in animal feed market are segmented into dry and liquid. Among these, the dry segment is expected to hold the largest share of the global probiotics in animal feed market over the forecast period. The growth can be attributed due to the stability and ease of handling of dry probiotics making them a popular choice for animal feed manufacturers and farmers. Dry probiotics are often in the form of powders or pellets that can be added to animal feed. Dry probiotics have a longer shelf life compared to liquid probiotics, which can be an advantage for feed manufacturers and farmers.

 

Regional Segment Analysis of the Probiotics in Animal Feed Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

 

North America is estimated to hold the largest share of the probiotics in animal feed market over the predicted timeframe.

 

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North America is expected to hold the largest share of the global probiotics in animal feed market during the study period. The United States is the largest consumer of probiotics in animal feed in this region, driven by the increasing demand for animal protein products and the rising trend of healthy animal husbandry practices. The demand for probiotics in animal feed is also driven by the increasing awareness of the benefits of probiotics and the rising demand for organic animal feed.

 

The Asia Pacific region is expected to grow the fastest in the global probiotics in animal feed market during the upcoming years. The Asia-Pacific region is the fastest-growing market for probiotics in animal feed, driven by the increasing demand for meat products, the growing awareness of animal health, and the rising disposable income of consumers in emerging economies such as China, India, and Japan. The demand for probiotics in animal feed is also driven by the increasing focus on sustainable animal production practices.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global probiotics in animal feed along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• Chr. Hansen  
• Evonik Industries
• Koninklijke DSM N.V.
• DuPont
• Land O'Lakes  
• Alltech
• Ohly  
• Lesaffre
• Lallemand Inc
• Novozymes
• Mitsui & Co., Ltd.
• Provita Eurotech Ltd
• Calpis Co., Ltd.
• Pure Cultures
• Unique Biotech
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In January 2023, BOVAMINE DEFEND Plus is Chr. Hansen's latest science-based, research-proven probiotic product for feedlot cattle. BOVAMINE DEFEND represents an evolutionary step forward in probiotic science by combining four strains into a single product to effectively support cattle health and efficiency.

 

• In September 2022, BASF and Evonik disclosed their collaboration and signed an agreement granting Evonik non-exclusive rights to Opteinics to minimize the environmental footprints of the livestock feed and probiotics industries by introducing a digital ready-to-use sustainability platform.

 

• In May 2021, Chr. Hansen has introduced a new solution to improve the health and performance of dairy and beef cattle. Bovacillus is a multipurpose probiotic that can be used in a variety of feed applications.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Probiotics in Animal Feed Market based on the below-mentioned segments:

 

Global Probiotics in Animal Feed Market, By Source

• Yeast
• Bacteria

 

Global Probiotics in Animal Feed Market, By Livestock

• Ruminants
• Poultry
• Swine
• Aquaculture
• Pets

 

Global Probiotics in Animal Feed Market, By Form

• Dry
• Liquid

 

Global Probiotics in Animal Feed Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa