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Animal Feed Probiotic Bacteria Market By Livestock (Cattle, Poultry, Swine, Aquaculture, Others Includes Pets, Equine, And Rabbits), By Source (Bacteria), By Form (Dry, Liquid), By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 5119
Pages: 175
Formats: report pdf report excel report power bi report ppt

Animal Feed Probiotic Bacteria Market Size & Growth 2026:

The Animal Feed Probiotic Bacteria market size was around USD 8.04 billion in 2021. It is expected to grow at a CAGR of 7.5% to reach USD 12.8 billion by 2026. The demand for probiotics in animal feed is growing significantly owing to rising awareness about animal health among breeders, growing demand for nutrient-rich feed for animals, and rising demand for quality animal feed products.

Drivers and Restraints of Animal Feed Probiotic Bacteria Market:

The major restraining factor for the probiotics in animal feed is the time and investment required for regulatory approval. Regulations on the maximum quantity of probiotics that can be added to animal feed, processing methods, and labeling, packaging, and storage conditions restrict the growth of the probiotics in the animal feed market. Such regulations restrict new players from entering the market, thus restricting the market growth.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

7.5% 

Segments Covered

By Livestock, By Source, By Form

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Chr. Hansen A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Lallemand, Inc. (Canada), Lesaffre & Cie (France), and E.I. du Pont de Nemours and Company (U.S.). Other players include Novozymes A/S (Denmark), Calpis Co., Ltd. (Japan), Land O'Lakes, Inc. (U.S.), Schouw & Co.(Denmark), Evonik Industries AG (Germany), Alltech (U.S.), and Mitsui & Co., Ltd. (Japan).

Animal Feed Probiotic Bacteria Market Segmentation:

Animal Feed Probiotic Bacteria Market – By Livestock:

  • Cattle

  • Poultry
  • Swine
  • Aquaculture
  • Others
    • pets
    • equine
    • rabbits

The poultry segment covers the largest market share due to increased production and consumer demand for poultry meat in developing regions such as Asia-Pacific and South America.

Animal Feed Probiotic Bacteria Market – By Source:

  • Bacteria
  • Bacterial is further segmented into
    • Lactobacilli
    • Streptococcus thermophiles
    • Bifidobacteria

On the basis of source, the probiotics in the animal feed market were led by the bacteria segment in 2016. Lactobacilli is one of the most widely commercially available sources of probiotics in animal feed. North American countries are anticipated to become major markets due to the high awareness among customers and this aids in the growth of the global probiotics in animal feed market in the aforementioned forecast period.

Animal Feed Probiotic Bacteria Market – By Form:

  • dry
  • liquid

The dry form of probiotics in animal feed commanded the largest market share in 2016. Dry probiotics help in improving the shelf life of feed products, resulting in lower storage costs for feed manufacturers, thus raising the demand for dry probiotics in animal feed.

Animal Feed Probiotic Bacteria Market – By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Asia-Pacific accounted for the largest market share for probiotics in animal feed in 2016, owing to a large livestock base, high meat consumption, and increasing consumer awareness about the positive impact of probiotics on animal health. Major countries contributing significantly toward the growth of the Asia-Pacific region include China, India, Japan, Australia, and New Zealand. The rapidly growing dairy and meat industries in the region are expected to boost the probiotics market for animal feed.

Key Players:

The key players that are profiled in the report include Chr. Hansen A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Lallemand, Inc. (Canada), Lesaffre & Cie (France), and E.I. du Pont de Nemours and Company (U.S.). Other players include Novozymes A/S (Denmark), Calpis Co., Ltd. (Japan), Land O'Lakes, Inc. (U.S.), Schouw & Co.(Denmark), Evonik Industries AG (Germany), Alltech (U.S.), and Mitsui & Co., Ltd. (Japan).

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