Probiotics in Animal Feed Market by Source (Bacteria and Yeast and Fungi), Form (Dry and Liquid), Livestock (Ruminants, Poultry, Swine, Aquaculture, Pets and Other Livestock) and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Probiotics in Animal Feed Market Size

The global Probiotics in Animal Feed market size was valued at $5.93 billion in 2023 and is projected to reach $10.81 billion by 2029, growing at a CAGR of 10.5% during the forecast period.

Probiotics in Animal Feed Market Dynamics

• The probiotics in the animal feed market is expected to witness significant growth in the future due to the growing production of compound feed, a surge in demand for animal protein among consumers, and rising incidences of intestinal disorders among livestock species.

• Additionally, the market is driven by rising efforts to prevent diseases in animals, and increasing economic growth and food security concerns have surged the demand for livestock products and therefore raised the demand for probiotics in animal feed.

• However, the implementation of stringent norms and quality standards for probiotics in animal nutrition is restraining the market growth.

Probiotics in Animal Feed Market Overview

Probiotics are microbes that aid in the maintenance of an organism's intestinal microbial balance. In the livestock industry, probiotics are one of the alternatives to antibiotic growth promoters (AGP). Animal feed enriched with probiotics aids in better digestion and nutrition absorption. Additionally, certain probiotics produce antimicrobial compounds that aid in the inhibition of pathogenic microorganism growth in the gut of animals. As a result, probiotics in animal feed aid in the improvement and maintenance of animal production and growth, as well as the prevention and control of enteric infections in animals.

By Livestock, Poultry is projected to be the Largest Segment in the Probiotics in Animal Feed Market

The poultry segment is estimated to have lucrative demand in the forecast period due to its lower fat content than beef and veal. Antibiotics as feed supplements to assist cattle and poultry grow faster have been banned by the US Food and Drug Administration (USFDA). As a result, major firms are concentrating their efforts on supplying high-quality probiotics in livestock feed, such as poultry.

By Geography, the Asia Pacific Region is Projected to Strong Presence in the Global Market

Asia Pacific is estimated to witness a significant growth rate in the foreseeable future due to the increasing awareness among consumers to supplement consumption and a high occurrence of various diseases. Moreover, countries like China and India are expected to produce the most poultry and cattle meat products, which is pushing the market for probiotics in animal feed in this region.

Some of the key players profiled in the Report Include:

• ADM
• DowDuPont 
• Evonik Industries
• Koninklijke DSM N.V.
• Land O'lakes
• Novozymes
• Mitsui & Co. Ltd (Novus International)
• Ohly
• Chr. Hansen
• Alltech
• Kemin Industries, Inc.
• Provita Eurotech Ltd
• Lesaffre
• Orffa International Holding BV
• Lallemand

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Source
• Bacteria
• Yeast and Fungi

Market by, Form
• Dry
• Liquid

Market by, Livestock
• Ruminants
• Poultry
• Swine
• Aquaculture
• Pets
• Other Livestock

Market by, Geography

The Probiotics in Animal Feed Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Table Of Content

1 Market Overview             
    1.1 Introduction         
    1.2 Research Objectives        
    1.3 Market Segmentation        
    1.4 Stakeholders         
    1.5 List of Acronyms         
               
2 Executive Summary             
               
3 Research Methodology            
    3.1 Identification of Data        
    3.2 Evaluation of Market Dynamics       
    3.3 Collaboration of Data        
    3.4 Verification and Analysis        
    3.5 Data Sources         
    3.6 Assumptions         
               
4 Market Dynamics             
    4.1 Market Drivers         
           4.1.1 Growing production of compound feed
           4.1.2 Surge in demand for animal protein among consumers
           4.1.3 Rising incidences of intestinal disorders among livestock species
    4.2 Market Restraints         
           4.2.1 Implementation of stringent norms and quality standards for probiotics in animal nutrition
    4.3 Market Opportunities        
    4.4 Market Challenges         
    4.5 Impact of COVID-19 on Probiotics in Animal Feed Market     
               
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers        
    5.2 Bargaining Power of Buyers        
    5.3 Threat of New Entrants        
    5.4 Threat of Substitutes        
    5.5 Competitive Rivalry in the Market       
               
6 Global Probiotics in Animal Feed Market by, Source         
    6.1 Overview         
    6.2 Bacteria          
        6.2.1 Lactobacilli     
        6.2.2 Streptococcus Thermophilus    
        6.2.3 Bifidobacteria     
    6.3 Yeast and Fungi         
        6.3.1 Saccharomyces Cerevisiae    
        6.3.2 Saccharomyces Boulardii    
        6.3.3 Other Sources     
               
7 Global Probiotics in Animal Feed Market by, Form          
    7.1 Overview         
    7.2 Dry          
    7.3 Liquid          
               
8 Global Probiotics in Animal Feed Market by, Livestock         
    8.1 Overview         
    8.2 Ruminants         
    8.3 Poultry          
    8.4 Swine          
    8.5 Aquaculture         
    8.6 Pets          
    8.7 Other Livestock         
               
9 Global Probiotics in Animal Feed Market by, Geography         
    9.1 Overview         
    9.2 North America         
             9.2.1 US 
             9.2.2 Canada 
             9.2.3 Mexico 
    9.3 Europe          
             9.3.1 Germany 
             9.3.2 France 
             9.3.3 UK 
             9.3.4 Italy 
             9.3.5 Spain 
             9.3.6 Rest of Europe
    9.4 Asia Pacific         
             9.4.1 China 
             9.4.2 Japan 
             9.4.3 India 
             9.4.4 South Korea
             9.4.5 Australia 
             9.4.6 New Zealand
             9.4.7 Rest of Asia Pacific
    9.5 South America         
             9.5.1 Brazil 
             9.5.2 Argentina
             9.5.3 Chile 
             9.5.4 Rest of South America
    9.6 Middle East & Africa        
             9.6.1 UAE 
             9.6.2 Saudi Arabia
             9.6.3 Qatar 
             9.6.4 Iran 
             9.6.5 South Africa
             9.6.6 Rest of Middle East & Africa
               
10 Key Developments             
               
11 Company Profiling             
    11.1 ADM          
             11.1.1 Business Overview
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview
             11.1.4 SWOT Analysis
             11.1.5 Key Activities
    11.2 DowDuPont          
    11.3 Evonik Industries         
    11.4 Koninklijke DSM N.V.        
    11.5 Land O'lakes         
    11.6 Novozymes         
    11.7 Mitsui & Co. Ltd (Novus International)       
    11.8 Ohly          
    11.9 Chr. Hansen         
    11.10 Alltech          
    11.11 Kemin Industries, Inc.        
    11.12 Provita Eurotech Ltd        
    11.13 Lesaffre          
    11.14 Orffa International Holding BV        
    11.15 Lallemand