Global Animal Probiotics Market Growth (Status and Outlook) 2023-2029

Global Animal Probiotics Market Growth (Status and Outlook) 2023-2029

Probiotic ingredients for animals refer to beneficial microorganisms isolated from animals or nature or synthesized through bioengineering, and made by special processes such as culture, fermentation, drying, etc., containing live bacteria or live bacteria and their metabolites.
LPI (LP Information)' newest research report, the “Animal Probiotics Industry Forecast” looks at past sales and reviews total world Animal Probiotics sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Probiotics sales for 2023 through 2029. With Animal Probiotics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Probiotics industry.
This Insight Report provides a comprehensive analysis of the global Animal Probiotics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Probiotics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Animal Probiotics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Probiotics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Probiotics.
The global Animal Probiotics market size is projected to grow from US$ 2106.8 million in 2022 to US$ 3535.6 million in 2029; it is expected to grow at a CAGR of 7.7% from 2023 to 2029.
In the global animal-used probiotic ingredient market, North America is the largest consumer with a market share of 40%, followed by Europe with a market share of about 28%.
The main manufacturers are Chr. Hansen, DuPont, Novozymes and Elanco. Among them, Chr. Hansen is the largest manufacturer with a market share of approximately 14%.
This report presents a comprehensive overview, market shares, and growth opportunities of Animal Probiotics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Lactobacillus
Bacillus
Yeast
Segmentation by application
Pig
Poultry
Aquatic Products
Ruminants
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Chr.Hansen
Schaumann
Animal Probiotics
DuPont
Novozymes
Elanco
Qingdao Vland Biotech INC.
YinongBioengineering
Wuhan SunHY Biological Co., Ltd
BEIJING SMILE FEED SCI&TECH.CO.,LTD.
SCITOP BIO
Shandong Baolai-Leelai Bio-Industrial Group
Guangdong Hinabiotech Co.,Ltd
AngelYeast Co., Ltd.

Please note: The report will take approximately 2 business days to prepare and deliver.