US Probiotics in Animal Feed Market Size study, by Microbial Genus (Lactobacillus, Bifidobacterium, Yeast and other microbes) by Application (Ruminant, Poultry, Swine, Aquaculture, Others), Forecasts 2022-2032
US Probiotics in Animal Feed Market Size study, by Microbial Genus (Lactobacillus, Bifidobacterium, Yeast and other microbes) by Application (Ruminant, Poultry, Swine, Aquaculture, Others), Forecasts 2022-2032
US Probiotics in Animal Feed Market is valued approximately USD 736 million in 2023 and is anticipated to grow with a healthy growth rate of more than 8.96% over the forecast period 2024-2032. Probiotics help in breaking down complex nutrients, enhancing nutrient absorption, and promoting smoother digestion, which lead to better overall health and performance in animals. Probiotics in animal feed are beneficial microorganisms added to promote gut health, digestion, and immunity in animals. They improve nutrient absorption, reduce digestive issues, boost immune function, and enhance feed efficiency, leading to healthier animals and more sustainable farming practices. This growth is attributed to the increasing awareness of the critical role of animal intestinal health in enhancing overall animal well-being and efficiency. The rising shift towards natural alternatives is a major trend for the US Probiotics in Animal Feed Market. There is a shift towards natural alternatives as the concern regarding antibiotic use in animal agriculture and the emergence of antibiotic resistance grows. Probiotics are recognized as beneficial bacteria, are increasingly adopted as a viable option to enhance animal health without relying on antibiotics.
Favorable regulatory policies that favor natural alternatives like probiotics over antibiotics, growing public awareness of the health and environmental risks associated with antibiotic use, and rising consumer demand for natural and organic animal products are the main drivers of the probiotics in animal feed market in the United States. Furthermore, the growing concerns about rising drug-resistant strains, coupled with the natural and sustainable alternatives to antibiotics are gaining preference in livestock farming. Collaborations between probiotics manufacturers, feed producers, and research institutions facilitate the development and commercialization of effective probiotic products for animal feed. Partnerships strengthen market presence and accelerate product innovation. The rising focus animal health and welfare is fueling the adoption of probiotics in animal feeds due to the high demand for high-quality animal protein, which in turn, contributing to market expansion. However, non-standardized international quality regulations for probiotics in animal feed products, along with high popularity of other feed additives is expected stifle market growth between 2022 and 2032.
Major market player included in this report are: International Flavors & Fragrances Inc. (US) Land O'Lakes, Inc. (US) Alltech, Inc. (US) Kemin Industries, Inc. (US) Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
By Microbial Genus Lactobacillus Bifidobacterium Yeast and other microbes
By Application Ruminant Poultry Swine Aquaculture Others
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and Country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market.
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Chapter 1. US Probiotics in Animal Feed Market Definition and Research Assumptions