DUBLIN--(BUSINESS WIRE)--The "Animal Feed Probiotics - Global Market Outlook (2019 -2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Animal Feed Probiotics market accounted for $2.64 billion in 2019 and is expected to reach $5.06 billion by 2027 growing at a CAGR of 8.5% during the forecast period.
Some of the key factors propelling market growth are augmented demand for poultry products and development in consumption of animal-based products. However, standards and regulations for probiotics are the restraining factor for the growth of the market.
Animal probiotics are exact strains of microorganisms, serve up to animals in suitable amount to have a advantageous effect. It improves the health and decreases the risk of falling sick. Different bacterial strains are commercially accessible in the market such as Bacillus subtilis, Lactobacillus thermophilus, and others. The use of probiotics as feed supplements in animal production has enlarged considerably over the last decade, particularly after the ban on antibiotic growth promoters in the livestock sector.
By form, dry segment is expected to grow at significant market share during the forecast period owing to advantages such as simplicity of transportation and storage associated with it, as opposed to liquid probiotics, which need specialized facilities for storage and transport. The dry form of probiotics is typically mixed in the feed for animals containing cattle, poultry, and swine. The dry form of probiotics generally exists in a powdered form, as it can be mixed with the feed.
On the basis of geography, Asia Pacific is constantly enhancing owing to increase in the number of the middle-class population who are opt for food products with health advantages, due to the change of an urbanized lifestyle. This has augmented the demand for poultry products in the region, which has in turn been driving the growth of probiotics in the region.
Companies Mentioned
- Bluestar Adisseo Co., Ltd. (China)
- Chr. Hansen Holding A/S (Denmark)
- DuPont de Nemours, Inc. (US)
- Evonik Industries AG (Germany)
- Kerry Group (Ireland)
- Koninklijke DSM N.V. (Netherlands)
- Land O'Lakes, Inc. (US)
- Lesaffre (France)
- Novozymes (Denmark)
- Novus International, Inc. (US)
- Pure Cultures (US)
- Schouw & Co. (Denmark)
-
Unique Biotech (India)
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company Profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Animal Feed Probiotics Market, By Source
5.1 Introduction
5.2 Bacteria
5.2.1 Bacillus
5.2.2 Bifidobacterium
5.2.3 Enterococcus
5.2.4 lactobacillus
5.2.5 Pediococcus
5.2.6 Propionibacterium
5.2.7 Streptococcus
5.3 Yeast & Fungi
5.3.1 Saccharomyces cerevisiae
5.3.2 Saccharomyces boulardii
5.3.3 Aspergillus Oryzae
5.3.4 Candida Pintolopesii
6 Global Animal Feed Probiotics Market, By Animal Type
6.1 Introduction
6.2 Companion Animals
6.3 Live Stock
6.3.1 Cattle
6.3.2 Poultry
6.3.3 Broiler
6.3.4 Layers
6.3.5 Turkey
6.3.6 Equine
6.3.7 Aquaculture
6.3.8 Swine
6.3.9 Ruminants
6.3.10 Pets
6.3.11 Rabbit
6.3.12 Other Livestocks
7 Global Animal Feed Probiotics Market, By Function
7.1 Introduction
7.2 Gut Health
7.3 Immunity
7.4 Nutrition
7.5 Productivity
7.6 Yield
8 Global Animal Feed Probiotics Market, By Form
8.1 Introduction
8.2 Beverages
8.3 Capsule
8.4 Dry
8.5 Liquid
9 Global Animal Feed Probiotics Market, By Sales Channel
9.1 Introduction
9.2 Convenience Stores
9.3 Direct Sales
9.4 Modern Trade
9.5 Online Retailers
9.6 Specialty Stores
10 Global Animal Feed Probiotics Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/jat4ci
