The global animal feed probiotic market is estimated to be around US$ 3,645 million in 2024. In 2023, the market was valued at US$ 3,594 million. It is projected to exhibit a CAGR growth of 6.4% over the forecast period, with an estimated market size of US$ 6,798 million in 2034.
Animal Feed Probiotics are gaining popularity as viable alternatives to traditional additives, primarily due to their favorable impact on gut health. The increasing demand for meat and dairy products, coupled with the emphasis on promoting animal well-being, has led to a rising adoption of Animal Feed Probiotics as natural and sustainable feed additives for livestock. This trend is further fueled by ongoing research and development efforts, resulting in innovative products in the prebiotics market.
The expanding animal farming industry, regulatory support for natural feed additives, and a growing preference for high-quality livestock products collectively contribute to the upward trajectory of the Animal Feed Probiotics market. Both consumers and farmers are prioritizing feed additives that enhance animal health, making prebiotics a suitable choice to meet these requirements.
Concerns about antimicrobial resistance have led to a reduction in the use of antibiotics in animal feed, creating an opportunity for prebiotics to emerge as a natural alternative that supports gut health and immunity. Despite the market’s resilience and potential for further growth, certain challenges persist. These include supply chain disruptions, shifts in consumer behavior during economic downturns, and the high production costs of prebiotics. Encouraging traditional farmers to adopt new practices may also be a gradual process, with limited education programs hindering widespread adoption. Nevertheless, the overall positive outcomes in animal health and performance continue to drive increased adoption of prebiotics, making it a promising area for ongoing research and development.
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Key Takeaways from the Market Study
- Bacterial sources dominate the global animal feed probiotic market with a 55.1% share in 2024.
- Livestock in animal type in the animal feed probiotic market accounted for 34% of the share in 2024.
- The animal feed probiotic market in Japan is predicted to grow at a remarkable CAGR of 8.0% through 2034.
- The Indian animal feed probiotic market is predicted to rise by 6.7% CAGR through 2034.
- The animal feed probiotic in China is predicted to rise at a whopping 6.5% CAGR through 2034.
- The animal feed probiotic in the United States has the potential to increase at 5.1% CAGR through 2034.
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Competitive Landscape
Leading companies such as Koninklijke DSM N.V., Alltech, Inc., Chr. Hansen Holding A/S, E. I. du Pont de Nemours and Company, and Evonik Industries AG contribute to the growth of the animal feed probiotic market:
- Big manufacturers and producers of Animal Feed Probiotic are innovative in introducing advanced prebiotic products.
- Collaborating with research institutions to accelerate the development and adoption of new technologies.
- Having a global presence and robust distribution networks to meet diverse needs and testing in eco-friendly production processes and promoting sustainable approaches to feed additives.
Recent Developments:
- On December 11, 2023, the Asia Pacific probiotics in animal feed market witnessed significant growth. Probiotics promote animal health and productivity by maintaining a balanced gut microbiota for optimal nutrient digestion and absorption.
- On October 15, 2023, Evonik and Shandong Vland Biotech successfully launched a joint venture in China dedicated to enhancing the gut health of farmed animals through a specialized focus on probiotics.
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Market Segmentation
By Source:
- Bacteria
- Non-Bacteria
By Animal:
- Companion Animal
- Livestock
- Equine
- Swine
- Aquaculture
By Form:
- Liquid
- Dry
By Sales Channel:
- Modern Trade
- Direct Sales
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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