New York, According to a new market research report published by Global Insight Services “Probiotics in Animal Feed Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Probiotics are live microorganisms that are typically found in the gut of humans and animals. These microorganisms provide a number of benefits to their host, including aiding in the digestion of food, helping to prevent the overgrowth of harmful bacteria, and producing vitamins and other compounds that are essential for good health. Probiotics are available in a variety of forms, including powders, capsules, and liquids. Animal feed that contains probiotics can help to improve the health of livestock and promote growth and development.
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Key Players
The key players in the Probiotic in Animal Feed Market are Alltech, Adisseo, Land O’Lakes, Evonik Industries, DuPont de Nemours, Kerry, Chr. Hansen Holding A/S, Novozymes, Lesaffre, Lallemand, Protexin, DSM, Novus International, Unique Biotech, ASAHI GROUP HOLDING, Pure Cultures, Suguna Foods Private Limited, Vit-E-Men Company, Provita Eurotech and others.
Key Trends
There are a few key trends in probiotics technology for animal feed. Firstly, there is a trend towards using more natural and organic ingredients in probiotics formulations. This is in line with the general trend in the animal feed industry towards using more natural and organic ingredients. Secondly, there is a trend towards using more specific and targeted probiotics strains in formulations. This is in response to the increasing understanding of the gut microbiome and the role that specific probiotic strains can play in promoting gut health. Finally, there is a trend towards using probiotics in combination with other ingredients, such as prebiotics and enzymes, in order to create synergistic effects.
Key Drivers
There are several key drivers of the probiotics in animal feed market. One of the most important drivers is the increasing demand for animal-derived food products, such as meat, milk, and eggs. This is due to the growing population and the changing dietary habits of people around the world. The second driver is the increasing awareness of the health benefits of probiotics for animals. This is especially true for livestock, as probiotics can improve their digestive health and help them better absorb nutrients from their feed.
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Market Segments
The Probiotics in Animal Feed Market is segmented source, livestock, form, region. By source, the market is classified into yeast, fungi and bacteria. Based on livestock, the market is divided into ruminants, swine, poultry, pets, aquaculture and other livestock. Based on form, the market is further classified into dry and liquid. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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