Probiotics in Animal Feed Market Forecasts to 2030 – Global Analysis By Source (Streptococcus Thermophilus, Bacillus and Other Sources), Form (Liquid and Dry), Function, Livestock, Sales Channel and By Geography

Probiotics in Animal Feed Market Forecasts to 2030 – Global Analysis By Source (Streptococcus Thermophilus, Bacillus and Other Sources), Form (Liquid and Dry), Function, Livestock, Sales Channel and By Geography


According to Stratistics MRC, the Global Probiotics in Animal Feed Market is accounted for $5.11 billion in 2024 and is expected to reach $9.61 billion by 2030 growing at a CAGR of 11.1% during the forecast period. Probiotics in animal feed are live microorganisms that confer health benefits when consumed in adequate amounts. Widely used in livestock and poultry farming, probiotics help maintain a balanced gut microbiota, enhancing digestion and nutrient absorption. They also boost immunity, reducing the need for antibiotics and promoting overall animal well-being. Commonly administered through feed supplements, probiotics include beneficial bacteria like Lactobacillus and Bifidobacterium strains.

According to the Natural Resources Defense Council, in the U.S., antibiotic resistance causes more than 2.8 million infections and leads to between 35,000 and 162,000 deaths of animals each year. According to the Food and Agricultural Organization (FAO), the livestock business provides 1.3 billion people with a living and accounts for close to 40% of global agricultural output in developed nations and 20% in developing ones. In addition, the livestock industry provides 34% of the world's protein needs.

Market Dynamics:

Driver:

Increase in consumption of quality animal-based products

The rise in the consumption of quality animal-based products serves as a major driver for the growth of probiotics in the animal feed market. As consumers become more health-conscious, there is a growing demand for meat, dairy, and other animal products produced with a focus on quality and safety. Probiotics in animal feed offer a solution to enhance animal health and productivity while reducing the need for antibiotics, aligning with the preference for natural and sustainable farming practices. This trend is further fueled by increasing awareness about the benefits of probiotics in improving digestion, immunity, and overall animal well-being, thus driving market expansion.

Restraint:

Strict quality regulations

Strict quality regulations in the probiotics for animal feed market act as a significant restraint, ensuring the safety and efficacy of products. These regulations govern the production, labeling, and distribution of probiotics to maintain high standards and protect animal health. Compliance with these standards often entails rigorous testing and documentation, increasing operational costs for manufacturers. However, while these regulations promote consumer confidence, they can also limit market entry for smaller producers lacking resources for compliance.

Opportunity:

Innovations and technological advancements in the feed industry

In recent years, the feed industry has seen remarkable innovations and technological advancements, particularly in the integration of probiotics into animal feed. Probiotics, beneficial microorganisms, offer numerous advantages, such as improved digestion, enhanced nutrient absorption, and strengthened immune systems in livestock. With advancements in microbial strain selection, encapsulation techniques, and delivery mechanisms, feed manufacturers can now offer more effective and stable probiotic formulations. Moreover, precision nutrition technologies enable personalized feed formulations tailored to individual animal needs, optimizing health and performance. This dynamic landscape presents a significant opportunity for probiotics in the animal feed market, driving growth and fostering sustainable practices in livestock production.

Threat:

Huge R&D costs

The probiotics in the animal feed market face a significant threat from huge R&D costs. Developing effective probiotic strains tailored for various animal species requires substantial investment in research and development. These costs encompass extensive lab testing, clinical trials, and regulatory compliance. Moreover, ongoing research is essential to continuously improve formulations and ensure product efficacy. Such high R&D expenses may deter smaller companies from entering the market and pose challenges for existing players in maintaining competitiveness.

Covid-19 Impact:

The COVID-19 pandemic significantly affected the animal feed probiotics market. Likewise, the transportation and logistics industry was severely impacted by COVID-19-infected workers, which resulted in fewer deliveries and forced farms to stockpile animal feed. Because to the difficulties caused by the pandemic, the export of chicken, beef, and pork decreased significantly on a global scale. The post pandemic raised back the demand of the market.

The poultry segment is expected to be the largest during the forecast period

The poultry segment is estimated to have a lucrative growth, due to the increasing consumption of poultry meat and the growing demand for antibiotic-free poultry products. The growing demand for production of chicken and meat in emerging nations also increases the need for probiotics to increase output and safety, driving up the price of probiotics in the poultry industry.

The dry segment is expected to have the highest CAGR during the forecast period

The dry segment is anticipated to witness the fastest CAGR growth during the forecast period, due to ease of storage and longer shelf life. The storage and transportation expenses for this category are affordable. As compared to liquid form, it has a low moisture content, which would make it even less suited for eating. This aspect is driving the expansion of the segment.

Region with largest share:

Europe is projected to have the highest CAGR over the forecast period, owing to the growing demand for meat and poultry products. Producers in the area supplement animal feed with bacteria and yeast species like Saccharomyces cerevisiae to boost animal performance and satisfy the region's rising demand for meat and poultry products. The expansion of the market in this area has been boosted by technological advancements in the usage of animal feed to enhance the performance of pets.

Region with highest CAGR:

Asia Pacific is projected to hold the largest market share during the forecast period owing to rise in awareness among consumers to supplement consumption and a high occurrence of various diseases. The production of poultry and cattle meat products is projected to be the highest in countries such as China, and India. Eggs, milk, fish, and poultry are in higher demand in this area since they are inexpensive sources of protein. Rising incomes, urbanization, and an expanding technological base are all contributing factors to the market expansion in this area.

Key players in the market

Some of the key players in Probiotics in Animal Feed market include Adisseo, ADM, Agrihealth, Alltech, Arm & Hammer Animal Nutrition, Calpis Co Ltd, Chr. Hansen Holding A/S, Danisco Animal Nutrition, Evonik Industries AG, Lallemand, Land O'Lakes, Lesaffre, Novozymes, Novus International, Inc, Orffa International Holding BV, Pure Cultures LLC and Royal DSM.

Key Developments:

In April 2024, German chemicals group Evonik Industries has inaugurated its new office and R&D premises in Thane, India. The Evonik India Research Hub (EIRH), as it will be called, will be dedicated to advancing solutions that contribute to sustainability. Evonik India's new office spans an area of 100,000 square feet. It features state-of-the-art labs for its existing business lines.

In April 2024, DSM-Firmenich announces that it has repurchased 500,000 ordinary shares in the period from April 8, 2024 up to and including April 12, 2024 at an average price of EUR €103.29. This is in accordance with the on-market share repurchase programme announced on April 8, 2024, covering commitments under the Group's share-based compensation plans. This repurchase concludes the programme to repurchase 500,000 shares for a total consideration of €51.6m.

Sources Covered:
• Streptococcus Thermophilus
• Bacillus
• Bifidobacterium
• Fungi
• Yeast
• Other Sources

Forms Covered:
• Liquid
• Dry

Functions Covered:
• Nutrition
• Immunity
• Gut Health
• Productivity
• Yield

Livestocks Covered:
• Poultry
• Ruminants
• Swine
• Pets
• Equine
• Cattle
• Aquaculture
• Other Livestocks

Sales Channels Covered:
• Speciality Stores
• Online Retailers
• Modern Trade
• Direct Sales
• Convenience Stores

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Probiotics in Animal Feed Market, By Source
5.1 Introduction
5.2 Streptococcus Thermophilus
5.3 Bacillus
5.4 Bifidobacterium
5.5 Fungi
5.6 Yeast
5.7 Other Sources
6 Global Probiotics in Animal Feed Market, By Form
6.1 Introduction
6.2 Liquid
6.3 Dry
7 Global Probiotics in Animal Feed Market, By Function
7.1 Introduction
7.2 Nutrition
7.3 Immunity
7.4 Gut Health
7.5 Productivity
7.6 Yield
8 Global Probiotics in Animal Feed Market, By Livestock
8.1 Introduction
8.2 Poultry
8.3 Ruminants
8.4 Swine
8.5 Pets
8.6 Equine
8.7 Cattle
8.8 Aquaculture
8.9 Other Livestocks
9 Global Probiotics in Animal Feed Market, By Sales Channel
9.1 Introduction
9.2 Speciality Stores
9.3 Online Retailers
9.4 Modern Trade
9.5 Direct Sales
9.6 Convenience Stores
10 Global Probiotics in Animal Feed Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Adisseo
12.2 ADM
12.3 Agrihealth
12.4 Alltech
12.5 Arm & Hammer Animal Nutrition
12.6 Calpis Co Ltd
12.7 Chr. Hansen Holding A/S
12.8 Danisco Animal Nutrition
12.9 Evonik Industries AG
12.10 Lallemand
12.11 Land O'Lakes
12.12 Lesaffre
12.13 Novozymes
12.14 Novus International, Inc
12.15 Orffa International Holding BV
12.16 Pure Cultures LLC
12.17 Royal DSM
List of Tables
Table 1 Global Probiotics in Animal Feed Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Probiotics in Animal Feed Market Outlook, By Source (2022-2030) ($MN)
Table 3 Global Probiotics in Animal Feed Market Outlook, By Streptococcus Thermophilus (2022-2030) ($MN)
Table 4 Global Probiotics in Animal Feed Market Outlook, By Bacillus (2022-2030) ($MN)
Table 5 Global Probiotics in Animal Feed Market Outlook, By Bifidobacterium (2022-2030) ($MN)
Table 6 Global Probiotics in Animal Feed Market Outlook, By Fungi (2022-2030) ($MN)
Table 7 Global Probiotics in Animal Feed Market Outlook, By Yeast (2022-2030) ($MN)
Table 8 Global Probiotics in Animal Feed Market Outlook, By Other Sources (2022-2030) ($MN)
Table 9 Global Probiotics in Animal Feed Market Outlook, By Form (2022-2030) ($MN)
Table 10 Global Probiotics in Animal Feed Market Outlook, By Liquid (2022-2030) ($MN)
Table 11 Global Probiotics in Animal Feed Market Outlook, By Dry (2022-2030) ($MN)
Table 12 Global Probiotics in Animal Feed Market Outlook, By Function (2022-2030) ($MN)
Table 13 Global Probiotics in Animal Feed Market Outlook, By Nutrition (2022-2030) ($MN)
Table 14 Global Probiotics in Animal Feed Market Outlook, By Immunity (2022-2030) ($MN)
Table 15 Global Probiotics in Animal Feed Market Outlook, By Gut Health (2022-2030) ($MN)
Table 16 Global Probiotics in Animal Feed Market Outlook, By Productivity (2022-2030) ($MN)
Table 17 Global Probiotics in Animal Feed Market Outlook, By Yield (2022-2030) ($MN)
Table 18 Global Probiotics in Animal Feed Market Outlook, By Livestock (2022-2030) ($MN)
Table 19 Global Probiotics in Animal Feed Market Outlook, By Poultry (2022-2030) ($MN)
Table 20 Global Probiotics in Animal Feed Market Outlook, By Ruminants (2022-2030) ($MN)
Table 21 Global Probiotics in Animal Feed Market Outlook, By Swine (2022-2030) ($MN)
Table 22 Global Probiotics in Animal Feed Market Outlook, By Pets (2022-2030) ($MN)
Table 23 Global Probiotics in Animal Feed Market Outlook, By Equine (2022-2030) ($MN)
Table 24 Global Probiotics in Animal Feed Market Outlook, By Cattle (2022-2030) ($MN)
Table 25 Global Probiotics in Animal Feed Market Outlook, By Aquaculture (2022-2030) ($MN)
Table 26 Global Probiotics in Animal Feed Market Outlook, By Other Livestocks (2022-2030) ($MN)
Table 27 Global Probiotics in Animal Feed Market Outlook, By Sales Channel (2022-2030) ($MN)
Table 28 Global Probiotics in Animal Feed Market Outlook, By Speciality Stores (2022-2030) ($MN)
Table 29 Global Probiotics in Animal Feed Market Outlook, By Online Retailers (2022-2030) ($MN)
Table 30 Global Probiotics in Animal Feed Market Outlook, By Modern Trade (2022-2030) ($MN)
Table 31 Global Probiotics in Animal Feed Market Outlook, By Direct Sales (2022-2030) ($MN)
Table 32 Global Probiotics in Animal Feed Market Outlook, By Convenience Stores (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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