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Probiotics in Animal Feed Market by Livestock, Source, Form, and Region - Global Forecast 2025

The probiotics in animal feed market is estimated to account for a value of USD 4.6 billion in 2019 and is projected to grow at a CAGR of 7.4% from 2019, to reach a value of USD 7.0 billion by 2025. The ban on the use of antibiotic growth promoters (AGPs) due to their adverse health effects on animals and humans is expected to boost the sales of probiotics in the coming years. Apart from this, the increased demand of poultry products in the Asia Pacific region, owing to its high protein content, is expected to drive the probiotics in animal feed market in the coming years.

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Probiotics in Animal Feed Market by Livestock, Source, Form, and Region - Global Forecast 2025

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  1. MarketsandMarkets™ Presents Probiotics in Animal Feed Market - Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/probiotics-animal-feed-market-85832335.html

  2. The probiotics in animal feed market is estimated to account for a value of USD 4.6 billion in 2019 and is projected to grow at a CAGR of 7.4% from 2019, to reach a value of USD 7.0 billion by 2025. The ban on the use of antibiotic growth promoters (AGPs) due to their adverse health effects on animals and humans is expected to boost the sales of probiotics in the coming years. Apart from this, the increased demand of poultry products in the Asia Pacific region, owing to its high protein content, is expected to drive the probiotics in animal feed market in the coming years. Browse 77 market data Tables and 58 Figures spread through 179 Pages and in-depth TOC on "Probiotics in Animal Feed Market - Global Forecast to 2025“ The Asia Pacific region is projected to dominate the market through the forecast period In 2018, the Asia Pacific region led the global probiotics in animal feed market. Factors such as a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health are driving the Asia Pacific market. Some of the countries contributing to the growth of this region include China, India, Japan, Australia, and New Zealand. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=85832335

  3. The years considered for the study are as follows: • Base year: 2018 • Projected year: 2025 • Forecast period: 2019-2025 • Objectives of the study are as follows: • To define, segment, and project the global market size of the probiotics in animal feed market • To understand the probiotics in animal feed market by identifying its various subsegments • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market • To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries) • To profile key players and comprehensively analyze their core competencies • To understand the competitive landscape and identify major growth strategies adopted by players across key regions • To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=85832335

  4. The bacteria segment is estimated to account for a larger market share, in terms of value, in 2019 Based on source, the probiotics in animal feed market is segmented into bacteria and yeast & fungi. The survival rate of bacterial strains within the gastrointestinal tract of animals is much higher as compared to yeast. Hence, bacterial strains are more preferred in the production of probiotics in animal feed. The aquaculture segment is estimated to witness the fastest growth in the probiotics in animal feed market in 2019 By livestock, the probiotics in animal feed market is segmented into poultry, ruminants, swine, aquaculture, pets, and others (equine and rabbits). There is an increase in demand for probiotics in the feed for aquaculture due to an increase in demand for dietary animal protein. Many breeders are also developing probiotics that could cater to the all-round growth and development of aquatic animals. The dry segment, by form, held a larger market share in the probiotics in animal feed market in 2018 By form, the probiotics in animal feed market is segmented into dry and liquid forms. The dry form of probiotics in animal feed held a larger market share in 2018 due to factors such as lower storage cost for feed manufacturers and longer shelf-life of feed products, as opposed to liquid probiotics, which have a high moisture content that leads to uncontrolled culturing, which ultimately affects the quality of the feed. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=85832335

  5. Key Market Players: • The key players identified in this market include Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DowDuPont (US), Evonik Industries (Germany), Land O'Lakes (US). Major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, and agreements. These companies have a strong presence in North America and Europe. They also have manufacturing facilities along with strong distribution networks across these regions. • Recent Developments: • In December 2018, Evonik (Germany) and Vland (China) formed an agreement by signing an MoU for strategic cooperation. The two companies would work on innovations related to probiotics in animal nutrition. • In October 2017, Koninklijke DSM N.V. (Netherlands) acquired Twilmij B.V. (Netherlands). The company expanded its presence in the Northwest-European region in the animal feed market. • In October 2017, Danisco Animal Nutrition (US), a business unit of DuPont Industrial Bioscience, launched Enviva PRO, a three-strain Bacillus probiotic, for the European market. • In September 2016, Chr. Hansen (Denmark) signed a partnership with LinkAsia Partners (Singapore). The partnership was expected to help Chr. Hansen's R&D expertise, as it was beneficial to its probiotic solutions, such as GalliPro and BioPlus, in the Asia Pacific region. • In November 2016, Land O’ Lakes (US) signed an agreement with Southern States Cooperatives Incorporated (US) to acquire its feed business.

  6. Key Questions addressed by the report: • What are the new application areas for probiotics in animal feed that companies are exploring? • Which are the key players in the probiotics in animal feed market and how intense is the competition? • What kind of competitors and stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest? • How are the current R&D activities and M&A’s in the probiotics in animal feed market projected to create a disrupting environment in the coming years? • Available Customizations: • Based on the given market data, MarketsandMarkets offers customizations in the reports as per client-specific requirements. The available customization options are as follows: • Product Analysis: • Product matrix, which gives a detailed comparison of the product portfolio of each company • Regional Analysis: • Further breakdown of the Rest of Europe probiotics in animal feed market into the Netherlands, Sweden, and Poland • Further breakdown of the Rest of Asia Pacific probiotics in animal feed market into Malaysia, South Korea, the Philippines, and Sri Lanka • Further breakdown of the RoW probiotics in animal feed market into Brazil, Argentina, Peru, the UAE, and South Africa

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  8. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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