USD 2.7 billion
Global Feed Probiotics Market Size, Share, Growth Analysis, By Type(Lactobacillus, Bifidobacterium), By Animal Type(Poultry, Ruminants) - Industry Forecast 2023-2030
Report ID: SQSG30C2031 | Region: Global | Published Date: April, 2023 | Pages: 157 | Tables: 69 | Figures: 75
Global Feed Probiotics Market Insights
Feed Probiotics Market size was valued at USD 2.7 billion in 2021 and is poised to grow from USD 2.9 billion in 2022 to USD 5.56 billion by 2030, growing at a CAGR of 7.5% in the forecast period (2023-2030).
An increase in cattle and pet owners' knowledge of the positive effects of probiotics on livestock's overall performance is the main driver driving the global feed probiotics market. Probiotics have taken center stage in the animal feed industry as a result of the strict regulatory approach taken against synthetic feed additives, which are known to have negative health effects on both humans and animals. This has accelerated feed probiotics market growth.
Cattle owners and producers are now more likely to choose natural options that increase the productivity of their animals as a result of the strong growth in the consumption of animal-derived products and its optimistic future growth trajectory. Such advancements are in line with the probiotics market's sustainable rise in animal feed.
US Feed Probiotics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot
Global Market Size
Largest Segment
Poultry
Fastest Growth
Poultry
Growth Rate
7.5% CAGR
Global Feed Probiotics Market 2021-2028 ($ Mn)
Country Share for Asia-Pacific Region- 2021 (%)
Global Feed Probiotics Market Size by Animal Type 2021-2028 ($ Mn)
Global Feed Probiotics Market Size by Animal Type 2021-2028 (%)
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Global Feed Probiotics Market Segmental Analysis
The Global Feed Probiotics Market is segmented based on type and animal type. Based on the type, the market is segmented into Lactobacillus, Bifidobacterium, Saccharomyces, Streptococcus, Enterococcus, Escherichia, and Bacillus. Based on animal type, the feed probiotics market is segmented into poultry, ruminants, swine, aquaculture, and others. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Feed Probiotics Market Analysis by Type
Based on the type, the feed probiotics market is segmented into Lactobacillus, Bifidobacterium, Saccharomyces, Streptococcus, Enterococcus, Escherichia, and Bacillus. The bulk of probiotics in animal feed sold worldwide use the bacterial genera Lactobacillus and Bifidobacterium. The use of bacterial strains as growth promoters has shown to be a feasible and sustainable alternative to antibiotics. However, the use of yeast and other fungi has gained popularity; Saccharomyces cerevisiae, for example, helps animals manufacture enough protein and has shown immunostimulatory activity in addition to enhancing digestive physiology. Through the anticipated years, it is anticipated that the growing use of yeast and fungus in probiotics for animal feed would have a beneficial effect on market share. One of the most popular uses of yeast-based probiotics is in ruminant feed.
Global Feed Probiotics Market By Animal Type, 2021 (%)
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Global Feed Probiotics Market Regional Insights
The Asia Pacific accounted for the largest feed probiotics market share and is expected to remain the leading consumer of Feed Probiotics in the coming years. The heavy reliance on animal-based food products in dietary patterns in developing countries including the Asia Pacific, the Middle East, and Africa is a major driving force. The livestock have been under increasing pressure to produce more with less inputs.
Probiotics are used in animal feed to protect animals against enteric infections and unpleasant compounds in addition to improving the animals' general performance.
Probiotics in animal feed are expected to experience exponential growth in these emerging markets as the leading probiotics companies target them with sustainable and antibiotic-free animal nutrition products. Poultry also continues to be a highly adaptable, nutrient-dense, cost-effective, and high-quality source of protein for humans in these areas. Further two regions that are likely to dominate the probiotics market for animal feed are North America and Europe. These make up the lion's share of the probiotics used in animal feed. The use of animal feed to increase the performance of farm animals and the ban on antibiotics have both contributed to the feed probiotics market's expansion.
Global Feed Probiotics Market By Geography, 2021 - 2028
- Largest
- Fastest
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Global Feed Probiotics Market Dynamics
Feed Probiotics Market Driver
- Large-scale livestock raising contributes to the largest market for products derived from cattle. In addition to aiding in food production, farm animals serve important economic and social roles. Many small-scale farmers around the world still rely on cattle for their livelihoods. According to the Food and Agricultural Organization (FAO), the livestock business provides 1.3 billion people with a living and accounts for close to 40% of global agricultural output in developed nations and 20% in developing ones. In addition, the livestock industry provides 34% of the world's protein needs.
- With a strong presence of internationally renowned companies like Chr. Hansen, Danisco A/S, Koninklijke DSM N.V., Lallemand Inc., and Calpis Co. Ltd., the global market for probiotics in animal feed has a structure that is somewhat consolidated. By enhancing their R&D infrastructure, expanding into emerging regions, and innovating their product offerings, these players are projected to boost the probiotics in animal feed market revenue by 2026. For instance, in South Africa, Chr. Hansen introduced GALLIPRO FIT in April 2019 as a triple strain probiotic solution for poultry to help broilers, layers, and turkeys maintain a healthy immune system and digestive performance. In order to increase the market share of their product offerings, other businesses also intend to implement novel techniques.
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The vital health benefits of the probiotics helps to drive the market.when it is consumed in adequate amounts, have desirable effects on the body, such as improved gut health and reduced intestinal inflammation. It also strengthen the immune system protecting the individual from various disease.
Feed Probiotics Market Restraint
- The global rise in raw material prices and the stricter government requirements in industrialized nations have a significant impact on the expansion of the compound feed business. The kind and quantity of feed raw materials used in Feed Probiotics are heavily influenced by their cost and nutritional value. The production, nutrient content, and price of plant-based raw materials like corn, soybeans, and others are significantly impacted by changes in the weather. With every change in the production and consumption of animals and their products, respectively, the cost of meals made from animal byproducts also varies.
- The lack of proper regulations in the industry is anticipated to impede market growth. Furthermore, probiotics necessitate proper storage as they are highly sensitive organisms that can easily be weakened by a variety of environmental factors. Moreover, the majority of probiotics are unstable at room temperature. All of these factors hinder the market growth.
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Global Feed Probiotics Market Competitive Landscape
The feed probiotics market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Feed Probiotics Market Top Players' Company Profiles
- Chr. Hansen Holding A/S
- Dupont de Nemours, Inc.
- Koninklijke DSM N.V.
- Lallemand Inc.
- Novozymes A/S
- Lesaffre & Cie
- Bio-Vet, Inc.
- BioResource International, Inc.
- Adisseo France SAS
- Alltech, Inc.
- Archer Daniels Midland Company
- Biomin Holding GmbH
- Kemin Industries, Inc.
- Evonik Industries AG
- Cargill, Inc.
- Provita Eurotech Limited
- Pure Cultures, LLC
- Novus International Inc.
- Nutreco N.V.
- Danisco Animal Nutrition (a subsidiary of Dupont de Nemours, Inc.)
Feed Probiotics Market Recent Developments
- In January 2022,JBCPL enters into fast-growing probiotics market with new acquisition. India based JB Chemicals & Pharmaceuticals Limited (JBCPL) will acquire brands for the Indian market from Sanzyme, a leading player in the probiotics and reproductive health segment in the country.
- In May 2021, Evonik Industries developed system solutions for the intestinal health of poultry and swine, combining its feeding ideas, amino acids, probiotics, services, and consultation.
- In September 2020, Forage First GS was introduced by ADM Animal Nutrition as a high-quality dietary supplement for gastrointestinal health. Its special combination of substances supports a normal gastric pH while safeguarding and bolstering the stomach lining for horses.
- In March 2019, BIOMIN launched POULTRYSTAR hatchery gel drop synbiotic for day-old chicks – it is known to deliver the synergistic action of carefully selected probiotic bacterial strains with a prebiotic that selectively stimulates beneficial bacteria that are essential for good poultry gut health.
Global Feed Probiotics Key Market Trends
- Due to favorable demand dynamics and equally solid production conditions, the poultry industry continues to be one of the most attractive application areas for probiotics in the animal feed business. However, due to poor hygiene and sanitation management, poultry flock are frequently exposed to infections such Salmonella enterica, Escherichia coli, and Campylobacter jejuni. The development of natural alternatives has been encouraged by the rising worries about antibiotic resistance. Lactic acid bacteria (LAB), one of the most common strains in poultry feed, has an impact on the market for probiotics in animal feed. The use of probiotics in animal feed includes strains of Bifidobacterium, Enterococcus, Lactobacillus, Bacillus, Pediococcus, and Streptococcus has expanded in the swine and ruminant sectors as well.
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The major investments in aquaculture helps in the growth of the market. For instance investments of USDA in aquaculture for tackling the covid issues and aiding in development in disruption. This initiatives are expected to foster the growth of marine aquaculture projects, consequently amplifying the adoption of streptococcus probiotics in aquaculture feed to improve their growth performance.
Global Feed Probiotics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per our analysis, based on the product type, the Lactobacillus segment is projected to hold the most substantial share in the market. Based on animal type, the poultry segment market is projected to hold the most substantial share in the market. Whereas, based on the region, the Asia-Pacific region is projected to hold the most substantial share in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2021 | USD 2.7 billion |
| Market size value in 2030 | USD 2.9 billion |
| Growth Rate | 7.5% |
| Base year | 2021 |
| Forecast period | 2023-2030 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Feed Probiotics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Feed Probiotics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Feed Probiotics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Feed Probiotics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Feed Probiotics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Feed Probiotics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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