About Feed Probiotics
Feed probiotics refer to the probiotics (beneficial micro-organisms) that are incorporated into base mixes and compound forms, with premix producers, farmers, compound feed producers, and base mix and concentrate producers as end consumers. The highest growth in meat consumption is expected from the Asia-Pacific and Latin American regions, because of changing diet patterns, urbanization, and economic growth. For example, the demand for meat in China continues to surpass the domestic supply, according to the Agriculture and Agri-food Canada.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 3.4% |
The feed probiotics market is highly fragmented, with top-five market players accounting for 8.95% of the market share. Three categories of players operate in the studied market, namely, R&D firms, manufacturing firms, and sales companies, and brand owners. Furthermore, the market consists of a number of integrated players, i.e., those who are active in the entire B2B value chain. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Feed Probiotics market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nebraska Cultures (United States), Yakult Honsha (Japan), DSM (Netherlands), General Mills (United States), Lallemend Health (United States), Nestle (Switzerland), Epicore BioNEtworks (United States), Aquabio Environmental Technologies (United States), Arla Foods (Denmark) and Du Pont (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Groupe Danone (France), Mother Dairy (India), Fritz Industries (United States) and United Tech (United States).
Segmentation Overview
AMA Research has segmented the market of Global Feed Probiotics market by Type (Lactobacilli Probiotics, Bifidobacteria Probiotics, Streptococcus Thermaphiles Probiotics and Others), Application (Cattle Feed, Swine Feed, Poultry Feed, Pet Feed, Aquaculture Feed and Others) and Region.
On the basis of geography, the market of Feed Probiotics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Feed Probiotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Population growth, rising incomes in developing nations, and urbanization has led to a surge in global livestock consumption and Increasing consumer awareness regarding scientific animal nutrition is the major driving force behind the growth of the probiotic industry.
Market Growth Drivers:
Increasing pressure on the livestock industry has intensified in recent years, to meet the growing demand for meat and high-value animal protein and Increasing life expectancy and limited availability of land and water resources for animal feed production, coupled with the robust demand for animal-based protein sources
Challenges:
The regulation associated with Feed Probiotics
Opportunities:
Growing demand from the developing countries
Market Leaders and their expansionary development strategies
In November 2023, Blue Aqua, SCD Probiotics partner to build probiotics manufacturing plant in Singapore. With a focus on probiotics and enzymes tailored to aquaculture and water treatment, the plant will produce and distribute microbial biochemical solutions for the global aquaculture market.
In October 2023, Novozymes has launched ProSilience HU58, a low cost-in-use and stable probiotic designed to be used outside of dairy products. The probiotic can withstand harsh processing conditions, allowing it to become an ingredient in multiple food categories.
Key Target Audience
Manufacturer, Suppliers, Distributors, Government Regulatory Bodies, Government Research Organization, Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.