Probiotics in Animal Feed Market Expected to Reach USD 4.71 Billion by 2021

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MarketsandMarkets Presents
Probiotics in Animal Feed Market Expected to
Reach 4.71 Billion USD by 2021
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The report "Probiotics in Animal Feed Market by
Bacteria (Lactobacilli, Streptococcus
Thermophiles, and Bifidobacteria), Livestock
(Cattle, Poultry, Swine, and Aquaculture), Form
(Dry and Liquid), Function (Yield, Immunity, and
Productivity), and by Region - Global Forecast to
2021", The global probiotics in animal feed
market is projected to reach USD 4.71 Billion by
2021 in terms of value, at a CAGR of 7.7 from
2016 to 2021. The demand for probiotics used in
feed for animal health and nutrition has been
contributing to the growth in the market. Rapidly
increasing demand for quality animal products is
anticipated to drive the market of probiotics in
animal feed during the projection period.
Browse Browse 97 market data Tables 53
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Source MarketsandMarkets Analysis
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The global probiotics in animal feed market is
projected to reach USD 4.71 Billion by 2021 in
terms of value, at a CAGR of 7.7 from 2016 to
2021. Probiotics based feed play a vital role in
providing health and medicinal benefits to
animals such as preclusion and cure of diseases
in addition to the basic nutritional components
found in foodstuff. They help in enhancing
microflora in the gut of the host and increases
lactose tolerance limit, thus helps in healthy
growth of the animal. The objective of this study
is to define, segment, and project the size of
the probiotics in animal feed market on the basis
of bacteria, form, livestock, function, and by
region, and also provide detailed information
about the crucial factors influencing market
dynamics (drivers, restraints, opportunities, and
industry-specific challenges). The market for
probiotics in animal feed is segmented on the
basis of function such as nutrition gut health,
yield, immunity, and productivity. Probiotic
additives are mixed with feeds for protecting the
animal against all sorts of harmful environmental
stresses and to improve immune system, which
results into high yield and productivity. Low
levels of probiotic additives in animal feed
contribute to increased production of animal
protein for human consumption. The market for
probiotics in animal feed is segmented on the
basis of form such as dry and liquid. The dry
segment dominated the market and was valued at
USD 2.07 Billion in 2015 and is the fastest
growing segment. Dry form has a longer shelf-life
as compared to liquid form and which vary
according to probiotic strains used to develop
the probiotic product. Asia-Pacific accounted
for the largest market share in market for
probiotics in animal feed in 2015. Agricultural
nature of economies in the Asia-Pacific region
demands healthy livestock for farm, thus
increasing the demand for probiotics-based animal
feed to enhance the immunity and health of
livestock is driving the market for probiotics in
animal feed in this region. In North America,
the demand for probiotics is driven by the export
potential of the U.S. and Canada. The increasing
meat consumption and meat prices in Europe are
going to boost the demand for probiotics in the
region. Moreover, agricultural nature of
economies in the Asia-Pacific region demands
healthy livestock for farm, thus increasing the
demand for probiotics-based animal feed to
enhance the immunity and health of livestock.
Whereas, stringent international quality
standards and regulations for probiotic products
pose as a restraint for the market for probiotics
in animal feed.
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The leading players that dominated the market for
probiotics in animal feed include Lallemand, Inc.
(Canada), Koninklijke DSM N.V. (Netherlands),
Cargill, Inc. (U.S.), Chr. Hansen Holding A/S
(Denmark), and E.I. du Pont de Nemours and
Company (U.S.). The key players have been
exploring the market in new regions by adopting
strategies such as acquisitions, new product
launches, agreements, and certifications as their
preferred strategies. Target Audience Raw
material suppliers Suppliers of probiotics
bacteria/strains and cultures RD
institutes Probiotics research labs Probiotics
in animal feed manufacturers/suppliers Intermedia
ry suppliers Wholesalers Retailers Dealers Consu
mers Feed manufacturers Feed additives
manufacturers Animal Pharmaceutical
companies Research institutes and
organizations Government bodies, venture
capitalists, and private equity firms
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• Scope of the Report
• Based on by Bacteria, the market has been
  segmented as follows
• Lactobacilli
• Bifidobacteria
• Streptococcus Thermophiles
• Others (includes Enterococcus Eaecium and
  Saccharomyces Boulardii)
• Based on Livestock, the market has been segmented
  as follows
• Cattle
• Swine
• Poultry
• Aquaculture
• Others (includes pets and equines)
• Based on Form, the market has been segmented as
  follows

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• Based on Region, the market has been segmented as
  follows
• North America
• Europe
• Asia-Pacific
• RoW
• Available Customizations
• With the given market data, MarketsandMarkets
  offers customizations according to the
  client-specific needs.
• The following customization options are available
  for the report
• Product Analysis
• Product matrix, which gives a detailed comparison
  of the product portfolio of each company
• Application Analysis
• Application analysis, which gives a detailed
  analysis of feed application in the probiotics in
  animal feed

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