What Has Been the Progress and Growth of the Probiotics In Animal Feed Market in Recent Years?
The probiotics in animal feed market has seen considerable growth due to a variety of factors.
• The size of the market for probiotics in animal feed has seen significant growth in recent years. The market will expand from a value of $5.09 billion in 2024 to $5.55 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.0%.
Factors contributing to the growth during the previous period include reduction of antibiotics in animal farming, a rise in the population of pets, mounting pressure on feed productivity and a higher demand for quicker feed conversion rates, enhancement of animal health, a decrease in antibiotic usage in animal feed, and higher prevalence of diseases.
What Can Be Expected from the Probiotics In Animal Feed Market in the Coming Years?
The probiotics in animal feed market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of probiotics in animal feed is forecasted to experience considerable expansion in the upcoming years, with the potential for reaching a valuation of $7.94 billion in 2029 while growing at a compound annual growth rate (CAGR) of 9.4%.
This growth within the projected period is due to increased livestock production, a move towards organic and natural farming methods, a rise in demand for animal protein fueled by the burgeoning global populace, escalating industrialized livestock production, and heightened awareness among farmers and animal nutritionists. Key trends expected in this forecasted period comprise the development of specific products tailored for unique animal health needs, the adoption of advanced technologies like microencapsulation, progress in research and innovation, provision of customized probiotic solutions, and branching out into aquaculture.
What Are the Critical Driver Fuelling the Probiotics In Animal Feed Market's Growth?
The escalating need for eggs and poultry meat is instrumental in expanding the probiotics in the animal feed market. Factors such as population growth, enhanced purchasing capabilities, and urbanisation are driving up the consumption of eggs and poultry meat. Furthermore, a heightened awareness regarding the enrichment and protein gained from eggs and meat is fuelling their demand. In poultry feed, probiotics function as an additive that maintains the health of poultry farm animals by preventing disease and augmenting their immunity, leading to increased egg and meat production. To illustrate, in April 2023, the United States Department of Agriculture, an American government agency, reported that in 2022, the total egg production value in the United States skyrocketed by 122% to $19.4 billion, up from $8.71 billion in 2021. However, the total count of eggs produced witnessed a drop from the previous year. As such, the burgeoning requirement for eggs and poultry meat is predicted to stimulate the probiotics demand in animal feed throughout the projected timeline.
How Is the Probiotics In Animal Feed Market segmented?
The probiotics in animal feed market covered in this report is segmented –
1) By Form Type: Dry, Liquid
2) By Source Type: Bacteria, Yeast and Fungi
3) By Application Type: Cattle, Poultry, Swine, Aquaculture, Other Applications
Subsegments:
1) By Dry: Powder, Granules, Pellets
2) By Liquid: Solutions, Suspensions, Emulsions
Pre-Book The Probiotics In Animal Feed Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing the Probiotics In Animal Feed Market?
The trend of collaborations and partnerships is rapidly on the rise within the probiotics in animal feed market. Firms in this field are looking to team up with pertinent technology companies to broaden their product creation pursuits and augment their presence in the market. Case in point, in January 2023, Evonik, a specialty chemicals firm based in Germany, joined hands with Dr. Eckel Animal Nutrition, another German-based animal feed producing company. This alliance is set to empower Evonik to extend its animal nutrition gut health portfolio, which currently entails numerous probiotics aimed at laying hens, with the introduction of the phytogenics product range.
Who Are the Key Players in the Probiotics In Animal Feed Market?
Major companies operating in the probiotics in animal feed market include:
• Chr. Hansen Holding A/S
• Royal DSM N.V.
• E. I. du Pont de Nemours and Company
• Evonik Industries AG
• Land O'Lakes Inc.
• Alltech Inc.
• Adisseo France SAS
• Lallemand Inc.
• Archer-Daniels-Midland Company (ADM)
• Orffa Additives B.V.
• Provita Eurotech Ltd.
• Calpis Co. Ltd.
• Danisco A/S
• Lesaffre
• Novozymes A/S
• Ohly GmbH
• Kemin Industries Inc.
• Biomin Holding GmbH
• Novus International Inc.
• Cargill Incorporated
• BASF SE
• Nutreco N.V.
• Yakult Honsha Co. Ltd.
• Bayer Aktiengesellschaft
• Boehringer Ingelheim International GmbH
• Merck & Co. Inc.
• Zoetis Inc.
• Elanco Animal Health Incorporated
What Is The Most Dominant Region In The Probiotics In Animal Feed Market?
Asia-Pacific was the largest region in the probiotics in animal feed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global probiotics in animal feed market share during the forecast period. The regions covered in the probiotics in animal feed market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
