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Probiotics in Animal Feed Market report categorizes the global market by Livestock (Cattle Feed, Poultry Feed, Swine Feed, Pet Food), Bacteria (Lactobacilli, Streptococcus Thermophiles, Idobacteria, Others), & by Geography.
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MarketsandMarkets Presents Probiotics in Animal Feed Market Expected to Reach $4.40 Billion by 2019
The report on the "Probiotics in Animal Feed Market by Bacteria (Lactobacilli, Streptococcus Thermophiles, Idobacteria, Others), Livestock (Cattle Feed, Poultry Feed, Swine Feed, Pet Food), & by Geography - Global Analysis & Forecast to 2019", defines and segments the market on the basis of bacteria, livestock, and region, along with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the probiotics in animal feed market with an analysis of the trends, and opportunities. • Browse • 63 market data tables • 44 figures • 105 pages and in-depth TOC on “Probiotics in Animal Feed Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=85832335
Source: MarketsandMarkets Analysis Probiotics in Animal Feed Market Size, by Region, 2013-2019 ($ Million) Source: MarketsandMarkets Analysis
Probiotics are microorganisms and yeasts that are beneficial for health, specifically for the digestive system when consumed in adequate quantities. A major function of probiotics in maintaining animal health comprises strengthening of immunity system, reducing body pathogens, and protecting proteins and lipids from oxidative destruction. The microbes are used in various animal feeds, such as cattle feed, poultry feed, swine feed, and pet food. The probiotics in animal feed market is categorized into bacteria, livestock, and region. On the basis of bacteria, the category include Lactobacilli, Streptococcus Thermophiles, Bifidobacteria and other bacteria. On the basis of livestock, the market has been segmented into cattle feed, poultry feed, swine feed, and pet food. The market has also been segmented on the basis of regions into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). The probiotics in animal feed market is fueled by the growing awareness about animal health and the rising consumption of meat and milk products. Globally, the numerous health benefits of probiotics to improve health of the livestock has led to large-scale adoption of probiotics in various animal feeds. Increasing demand for quality meat and milk products is driving growth of the market. Probiotics are largely used in feed for cattle’s, poultry and swine. The market for probiotics in animal feed is estimated to reach $4.40 Billion at a CAGR of 7.7% from 2014 to 2019. The market for probiotics in animal feed is projected to reach about $4,398.9 Million by 2019 with the increasing use of probiotics in various feeds for livestock and rising opportunities in countries such as India, China, and Brazil. In 2014, the Asia-Pacific region was the largest market for probiotics in animal feed. The market in the Asia-Pacific region is projected to grow at the highest rate during the forecast period. Europe closely followed Asia-Pacific probiotics in animal feed market.
The key players were observed to prefer new product launches & developments, acquisitions, agreements, and expansions as strategies to garner larger shares in the global market. The report also analyzes the market dynamics, winning imperatives, and issues faced by the leading market players. Scope of the Report: The research study categorizes the market on the basis of bacteria, livestock, and region. Probiotics in Animal Feed Market: On the basis of bacteria, the market was sub-segmented as follows: Lactobacilli Streptococcus Thermophiles Bifidobacteria Others On the basis of livestock, the market was sub-segmented as follows: Cattle Feed Poultry Feed Swine Feed Pet Food
On the basis of region, the market was sub-segmented as follows: North America Europe Asia-Pacific Latin America RoW The probiotics in animal feed market is projected to reach about $4.40 Billion by 2019. In 2014, the market was dominated by Asia-Pacific, followed by Europe. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period, owing to the rapid growth in the probiotics in animal feed market in developing countries such as China and India. The growing awareness about animal health and the rising consumption of meat and milk products in this region are also driving the regional market. The probiotics in animal feed market is fragmented and competitive with a large number of players operating at regional and local levels. The key players in the market adopted new product launches and expansions as their preferred strategies. The key players such as E.I. du Pont de Nemours and Company (U.S.), Royal DSM N.V. (Netherlands) and Yakult Honsha Co., Ltd (Japan) have been profiled in the report.
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