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Probiotics are microorganisms that, on consumption, exert a positive effect on the health of human beings and animals.
Market Analysis and Insights: Global Probiotics in Animal Feed Market
Due to the COVID-19 pandemic, the global Probiotics in Animal Feed market size is estimated to be worth US$ 4185.7 million in 2022 and is forecast to a readjusted size of US$ 5357.7 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, Bacteria Source accounting for % of the Probiotics in Animal Feed global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cattle segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2017, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in the region are expected to boost the probiotics market for animal feed.
In terms of production side, this report researches the Probiotics in Animal Feed capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Probiotics in Animal Feed by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Probiotics in Animal Feed Scope and Segment
Probiotics in Animal Feed market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Probiotics in Animal Feed market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Bacteria Source
Yeast Source
Segment by Application
Cattle
Poultry
Swine
Aquaculture
Others
By Company
Chr. Hansen
Koninklijke DSM
Lallemand
Lesaffre
Dupont
Novozymes
Calpis
Purina
Schouw
Evonik
Alltech
Mitsui
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Probiotics in Animal Feed Market
Due to the COVID-19 pandemic, the global Probiotics in Animal Feed market size is estimated to be worth US$ 4185.7 million in 2022 and is forecast to a readjusted size of US$ 5357.7 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, Bacteria Source accounting for % of the Probiotics in Animal Feed global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cattle segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2017, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in the region are expected to boost the probiotics market for animal feed.
In terms of production side, this report researches the Probiotics in Animal Feed capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Probiotics in Animal Feed by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Probiotics in Animal Feed Scope and Segment
Probiotics in Animal Feed market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Probiotics in Animal Feed market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Bacteria Source
Yeast Source
Segment by Application
Cattle
Poultry
Swine
Aquaculture
Others
By Company
Chr. Hansen
Koninklijke DSM
Lallemand
Lesaffre
Dupont
Novozymes
Calpis
Purina
Schouw
Evonik
Alltech
Mitsui
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
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