Probiotics in Animal Feed Market by Function, Form, Source, Livestock

List of Tables

The Probiotics in Animal Feed Market was valued at USD 4.84 billion in 2023, expected to reach USD 5.24 billion in 2024, and is projected to grow at a CAGR of 8.41%, to USD 8.53 billion by 2030.

Probiotics in animal feed have gained significant attention, with the scope encompassing various animal categories, including poultry, swine, cattle, aquaculture, and pets. Defined as live microorganisms that confer health benefits to the host, probiotics are essential for enhancing gut health, improving nutrient absorption, and boosting immunity, thereby reducing the need for antibiotics. The application primarily involves the inclusion of specific bacteria strains like Lactobacillus, Bacillus, and Bifidobacterium in feeds to bolster animal health, productivity, and overall farm profitability. The growing demand for meat and dairy products, coupled with an increasing emphasis on natural and safe feed additives, is a key driver for the market. Regulatory restrictions on antibiotic growth promoters create fertile ground for probiotics as their natural alternative. Opportunities lie in emerging markets where livestock production is on the rise, coupled with innovations in strain development to enhance effectiveness. However, market growth is challenged by factors such as high costs associated with probiotic feed and variations in effectiveness depending on animal genetics and environmental conditions. Additionally, a lack of standardized regulations across different regions can hinder seamless market expansion. Innovation and research should focus on advancing delivery mechanisms for probiotics, such as encapsulation technologies, to ensure higher survival rates through the digestive tract and enhance efficacy. Insights into the symbiotic interactions between probiotics and prebiotics (synbiotics) also present promising avenues. The market is moderately fragmented, with key players investing in R&D to develop specific strains targeted at enhancing particular health aspects or growth metrics. For companies entering this market, collaboration with academic and research institutions to validate strain-specific benefits and conducting extensive field trials for different climatic and genetic conditions are recommended strategies to capitalize on opportunities and drive sustainable growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 4.84 billion
Estimated Year [2024]	USD 5.24 billion
Forecast Year [2030]	USD 8.53 billion
CAGR (%)	8.41%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Probiotics in Animal Feed Market

The Probiotics in Animal Feed Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Need to improve health benefits and nutritional value of animal food
- Rise in adoption of pet animals and issues regarding animal food health
- Growing demand for yeast-based products in animal feed
Market Restraints
- Side effects and infections caused by probiotics in animal feed
Market Opportunities
- Product innovations in probiotic-based animal feed
- Growing initiatives for health and welfare of animals
Market Challenges
- Government safety or quality concerns for product recall

Porter's Five Forces: A Strategic Tool for Navigating the Probiotics in Animal Feed Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Probiotics in Animal Feed Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Probiotics in Animal Feed Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Probiotics in Animal Feed Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Probiotics in Animal Feed Market

A detailed market share analysis in the Probiotics in Animal Feed Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Probiotics in Animal Feed Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Probiotics in Animal Feed Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Probiotics in Animal Feed Market

A strategic analysis of the Probiotics in Animal Feed Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Probiotics in Animal Feed Market, highlighting leading vendors and their innovative profiles. These include AB Agri Ltd, Adisseo France SAS, Alltech, Inc., Animal Probiotics AB, Archer-Daniels-Midland Company, Asahi Group Holdings, Ltd., Bluestar Adisseo, CALPIS AMERICA, INC., Cargill, Incorporated, Charoen Pokphand Foods PCL, DuPont de Nemours, Inc., Elanco Animal Health, Evonik Industries AG, Kemin Industries, Kerry Group PLC, Koninklijke DSM N.V., Lallemand Inc., Lesaffre, Novozymes, Nutreco N.V., Ohly GmbH, Olmix Group, Perdue Farms Inc., Phibro Animal Health Corporation, Provita Eurotech Limited, Purina Mills, LLC, and VETANCO S.A..

Market Segmentation & Coverage

This research report categorizes the Probiotics in Animal Feed Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Function, market is studied across Carcass Yield, Gut Health, Immunity, Nutrition, and Productivity.
Based on Form, market is studied across Dry and Liquid.
Based on Source, market is studied across Bacteria and Yeast.
Based on Livestock, market is studied across Aquaculture, Pets, Poultry, Ruminants, and Swine.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-431752EA4D3E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Need to improve health benefits and nutritional value of animal food
  - 5.1.1.2. Rise in adoption of pet animals and issues regarding animal food health
  - 5.1.1.3. Growing demand for yeast-based products in animal feed
- 5.1.2. Restraints
  - 5.1.2.1. Side effects and infections caused by probiotics in animal feed
- 5.1.3. Opportunities
  - 5.1.3.1. Product innovations in probiotic-based animal feed
  - 5.1.3.2. Growing initiatives for health and welfare of animals
- 5.1.4. Challenges
  - 5.1.4.1. Government safety or quality concerns for product recall
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Probiotics in Animal Feed Market, by Function

6.1. Introduction
6.2. Carcass Yield
6.3. Gut Health
6.4. Immunity
6.5. Nutrition
6.6. Productivity

7. Probiotics in Animal Feed Market, by Form

7.1. Introduction
7.2. Dry
7.3. Liquid

8. Probiotics in Animal Feed Market, by Source

8.1. Introduction
8.2. Bacteria
8.3. Yeast

9. Probiotics in Animal Feed Market, by Livestock

9.1. Introduction
9.2. Aquaculture
9.3. Pets
9.4. Poultry
9.5. Ruminants
9.6. Swine

10. Americas Probiotics in Animal Feed Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Probiotics in Animal Feed Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Probiotics in Animal Feed Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AB Agri Ltd
2. Adisseo France SAS
3. Alltech, Inc.
4. Animal Probiotics AB
5. Archer-Daniels-Midland Company
6. Asahi Group Holdings, Ltd.
7. Bluestar Adisseo
8. CALPIS AMERICA, INC.
9. Cargill, Incorporated
10. Charoen Pokphand Foods PCL
11. DuPont de Nemours, Inc.
12. Elanco Animal Health
13. Evonik Industries AG
14. Kemin Industries
15. Kerry Group PLC
16. Koninklijke DSM N.V.
17. Lallemand Inc.
18. Lesaffre
19. Novozymes
20. Nutreco N.V.
21. Ohly GmbH
22. Olmix Group
23. Perdue Farms Inc.
24. Phibro Animal Health Corporation
25. Provita Eurotech Limited
26. Purina Mills, LLC
27. VETANCO S.A.