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Probiotics in Animal Feed Market Size, Share, Industry Overview, and Trends,

The global probiotics in animal feed market is anticipated to grow from USD 4.6 billion in 2023 to USD 7.1 billion in 2028, at a compound annual growth rate (CAGR) of 9.1%. Owing to the increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America.

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Probiotics in Animal Feed Market Size, Share, Industry Overview, and Trends,

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  1. ProbioticsinAnimalFeedMarketSize,Share,IndustryOverview,GrowthTrends,andLeadingPlayersProbioticsinAnimalFeedMarketSize,Share,IndustryOverview,GrowthTrends,andLeadingPlayers Theglobalprobiotics in animal feed marketisanticipatedtogrowfromUSD4.6billionin2023toUSD7.1billionin2028,atacompoundannualgrowthrate(CAGR)of9.1%.OwingtotheincreaseinproductionanddemandofcompoundfeedalongwithrisingconsumptionoffeedadditivesinemergingmarketssuchasAsiaPacificandSouthAmerica. ProbioticsinAnimalFeedMarketReportScope: • ProbioticsinAnimalFeedMarketOverview • TheProbioticsinAnimalFeedmarketisarapidlygrowingsegmentwithinthebroaderanimalnutritionindustry.Probiotics,whicharelivemicroorganismsthatconferhealthbenefitswhenconsumed,havegainedsignificantattentionfortheirpotentialtoenhanceanimalhealthandperformance. • Keyfactorscontributingtotheprobiotics in animal feed market growthinclude: • GrowingEmphasisonAnimalHealth:Thereisanincreasingawarenessamonglivestockproducersabouttheimportanceofmaintainingoptimalanimalhealth.Probioticsplayacrucialroleinpromotingabalancedgutmicrobiota,whichislinkedtoimprovedimmunityandoverallwell-beinginanimals.

  2. AlternativetoAntibiotics:Withrisingconcernsaboutantibioticresistanceandthepushforsustainablefarmingpractices,probioticshaveemergedasaviablealternativetotraditionalantibiotics.Probioticscontributetodiseasepreventionandcanreducetheneedforantibioticuseinlivestock.AlternativetoAntibiotics:Withrisingconcernsaboutantibioticresistanceandthepushforsustainablefarmingpractices,probioticshaveemergedasaviablealternativetotraditionalantibiotics.Probioticscontributetodiseasepreventionandcanreducetheneedforantibioticuseinlivestock. • ImprovedFeedConversionEfficiency:Probioticshaveshownthepotentialtoenhancefeedconversionefficiencyinanimals.Thisisparticularlyimportantinthecontextofefficientresourceutilizationandcost-effectivelivestockproduction. • RegulatorySupportandGuidelines:Governmentsandregulatorybodiesareincreasinglyrecognizingtheimportanceofprobioticsinanimalnutrition.Thedevelopmentofclearguidelinesandregulationssupportingtheuseofprobioticsinanimalfeedhascontributedtomarketgrowth. • RisingDemandforAnimalProtein:Theglobaldemandforanimalprotein,includingmeat,milk,andeggs,isontherise.Probioticsaidinmaximizingproductivityandensuringthequalityofanimal-derivedproducts,meetingtheescalatingdemandfromagrowingglobalpopulation. • Bookameetingwithourexpertstodiscussyourbusinessneeds@ • https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=85832335 • AsiaPacificisexpectedtodominatethemarketduringtheforecastperiod. • CountriessuchasChina,India,Japan,Australia&NewZealand,andrestoftheAsiaPacifichavebeenconsideredinthisstudy.SomeofthefactorsforthehighdemandofthemarketinAsiaPacificregionincludesgrowingpopulation,riseindisposableincomes,andrapidurbanization.IncreasingdemandformeatandanimalproductsamongthegrowingpopulationoftheAsiaPacificregionalongwiththerisingaffluenceintheregionresultedinhighconsumptionofmeatproducts.Thishasalsoresultedinintensifiedlivestockproductionformeat,whichinturndrivestheneedforimprovedanimalhealthandperformance. • ListofKeyPlayersinProbioticsinAnimalFeedMarket: • ADM(US) • InternationalFlavors&FragrancesInc.(US) • CHR.HANSENHOLDINGA/S(Denmark) • EvonikIndustriesAG(Germany) • LandO'Lakes(US) • DSM(Netherlands) • Ohly(Germany) • Novozymes(Denmark) • Alltech(US)

  3. KeminIndustries,Inc.(US) • ProvitaAnimalHealth(UK) • Orffa(Netherlands) • Lesaffre(France) • KeyQuestionsAddressedbytheprobiotics in animal feed market report: • Whatistheprojectedmarketvalueoftheglobalprobioticsinanimalfeedmarket? • Whatistheestimatedgrowthrate(CAGR)oftheglobalprobioticsinanimalfeedmarketforthenextfiveyears? • WhicharethemajorcompaniesintheProbioticsinAnimalFeedmarket? • Whichregionisexpectedtoholdthehighestmarketshare?

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