Press release
Probiotics in Animal Feed Market: The Science Behind and Their Benefits By 2031 | Most Leading Companies - Chr. Hansen A/S, DSM, Evonik Industries AG, Purina Animal Nutrition LLC
Global Probiotics in Animal Feed Market reached US$ 4.72 billion in 2023 and is expected to reach US$ 10.21 billion by 2031, growing with a CAGR of 10.12% during the forecast period 2024-2031.Probiotics in Animal Feed Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.
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Market Overview:
Probiotics in animal feed are beneficial live microorganisms added to livestock diets to improve gut health, digestion, and immune response. They help enhance animal growth, feed efficiency, and disease resistance without the use of antibiotics.
List of the Key Players in the Probiotics in Animal Feed Market:
Chr. Hansen A/S, DSM, Evonik Industries AG, Purina Animal Nutrition LLC, Kerry Group plc, Novozymes A/S, Phileo by Lesaffre, Lallemand Inc., Suguna Foods Private Limited and Asahi Group Holdings, Ltd.
Probiotics in Animal Feed Market Development:
In October 2023, Lallemand Animal Nutrition launched LALPROBIOME, an innovative platform of microbial solutions designed specifically for pets. Their product lineup features a wide variety of yeast- and bacteria-based ingredients, including prebiotics, probiotics, postbiotics, and antioxidants to support overall pet health and wellness.
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Segment Covered in the Probiotics in Animal Feed Market:
By Source: Bacteria, Yeast, Fungi
By Form: Dry, Liquid
By Function: Nutrition, Gut Health, Yield, Immunity and Productivity
By Livestock: Poultry, Swine, Ruminants, Aquaculture, Pets, Others
Regional Analysis for Probiotics in Animal Feed Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What are the global sales, production, consumption, import, and export figures for the Probiotics in Animal Feed market?
➠ Who are the key global manufacturers, and how are they performing operationally?
➠ What opportunities and risks do vendors face in the Probiotics in Animal Feed market?
➠ Which product types or end-users show the most growth potential, and what are their market shares?
➠ What factors are driving or limiting growth in the Probiotics in Animal Feed market?
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