Animal Feed Probiotics Market
The market for Probiotics in Animal Feed is forecast to reach $6.07 billion by 2029, expanding at a compound annual growth rate of 7.1% from 2022 to 2029.n
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What Makes the Animal Feed Probiotics Market Worth $6.07 Billion by 2029 a Game Changer?
Animal Feed Probiotics Market 2022-2029 In its latest publication, Animal Feed Probiotics Market by Source (Bacteria [Lactobacillus, Bifidobacterium, Streptococcus thermophilus, Bacillus]), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, Other Animals), Form (Liquid), and Geography Global Forecast to 2029, Meticulous Research explores the substantial growth forecast for the animal feed probiotics sector. The report projects the market to expand to $6.07 billion by 2029, achieving a 7.1% CAGR from 2022 to 2029. Key drivers for this growth include rising consumer demand for animal protein, the preference for probiotics over antibiotics, and increased compound feed production. Request for Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5288? An increased focus on natural growth promoters in animal feed provides lucrative opportunities for businesses in this sector. Nevertheless, complex regulatory policies governing probiotics in animal feed may hinder market expansion to some extent. Market Segmentation and Insights 1. By Source The source-based categorization includes bacteria and yeast. As of 2022, the bacterial probiotics segment holds the largest market share, largely due to its role as a sustainable alternative to antibiotic growth promoters. The sector s growth is further bolstered by heightened consumer interest in feed quality. Probiotics based on bacteria strains, including Lactobacillus and Bifidobacterium, are widely recognized for improving digestion, bolstering immunity, and enhancing overall performance in animals. There is a growing awareness among cattle farmers and pet owners regarding the health benefits of these probiotics, which, in turn, continues to drive demand for bacterial probiotics. 2.By Animal Type Segmented by animal type, the market serves poultry, ruminants, swine, aquaculture, pets, and other animals. The aquaculture segment is expected to achieve the highest CAGR, driven by the need for enhanced health and safety in farmed fish and shrimp. The expanding aquaculture industry increasingly relies on probiotics to boost animal health, making this segment a primary contributor to market growth. 3.By Form Form-based segmentation in the market comprises liquid and dry probiotics. The liquid segment, accounting for the larger share in 2022, benefits from its advantages in absorption and digestibility, positioning it as a popular choice among farmers. Liquid probiotics ease of application and optimized formulation provide an efficient means for animal feed, supporting this segment s projected continued dominance. 4.Regional Analysis The Asia-Pacific region is set to register the highest CAGR throughout the forecast period. High growth is attributed to factors like increased disease awareness, significant poultry and cattle production in countries like China and India, and stringent restrictions on antibiotics in Page 1 of 3 Meticulous Research| sales@meticulousresearch.com
Animal Feed Probiotics Market 2022-2029 animal feed. Rising awareness of safe feed products, coupled with an expanding aquaculture sector, presents substantial opportunities for companies aiming to establish a presence in Asia-Pacific. Leading Companies in the Market Key players in the animal feed probiotics market include The Archer-Daniels-Midland Company (U.S.), Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Dupont de Nemours, Inc. (U.S.), Evonik Industries AG (Germany), Koninklijke DSM N.V. (Netherlands), Orffa International Holding B.V. (Netherlands), Novozymes A/S (Denmark), Kemin Industries (U.S.), and Provita Eurotech Ltd (U.K.). Each of these companies contributes to industry growth through extensive research, product innovation, and strategic market expansion. Conclusion As outlined by Meticulous Research , the animal feed probiotics market is expected to experience robust growth, shaped by a heightened demand for quality feed solutions, advances in probiotic formulations, and a shift towards natural growth promoters. While regulatory complexities may present challenges, the market's continued expansion speaks to its adaptability and the enduring demand for probiotic feed solutions that prioritize animal health and sustainability. Buy Now: https://www.meticulousresearch.com/Checkout/12101755? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 3 Meticulous Research| sales@meticulousresearch.com