360 MARKET UPDATES Report provides a 360-degree overview of the global Feed Probiotics Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Report Title: “Global Feed Probiotics Market – Segmented by Type, Animal Type and Geography (2018 – 2023)”
Global “Feed Probiotics Market” is expected to register a CAGR of approximately XX% during the forecast period of (2018 – 2023). Also, Feed Probiotics Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Feed Probiotics Analysis.
Feed Probiotics market Report provides a 360-degree overview of the global Feed Probiotics market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Feed Probiotics Market Report Covers Leading Manufacturers: Provita Eurotech Ltd., Life Products Inc., Calpis Co., Ltd., Chr. Hansen A/S, Lallemand, E. I. du Pont de Nemours and Company, Royal DSM, Orffa International, Novus International Inc., Kemin Industries Inc., Bio Vet JSC, Biomin Holding GmbH
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As of 2017, Asia-Pacific leads the Probiotics market with revenues of over USD 978.42 million, whereas South America is expected to record the highest growth rate. This growth rate can be explained by an increase in livestock subsidies by key South American nations (Brazil, Chile, Bolivia), increased investments by the regionâs probiotic firms on advertisement (Abbott Laboratories increased its marketing expenditure by 5% compared to 2015, and similar trend is observed in Beghin Meiji and other companies).
Expansion of Animal Derived Products Market – Growth in the Usage of Probiotics
Meat products are growing rapidly, due to the high-quality protein, amino acids, minerals and vitamins. The growing population and rise in incomes, along with the changing food habits, have driven the meat industry market. Moreover, to satisfy the demands of meat processing industry by livestock farmers, producing high-quality and hygienic meat, is a big challenge. From decades, around 60% of the meat production is obtained from the developing countries. The rising prices of commodities are further shifting the consumer preferences towards cost effective and cheaper meat products like poultry meat. Poultry consumption is the highest among all, in the meat industry, which recorded a 4% rise than the previous year 2016 according to FAO. US is the largest producer followed by Argentina, Brazil and China. The growing global demand for animal products and processed meat has created an opportunity for feed manufacturers, to enhance the animal productivity. Farmers are relying on feeds, to obtain high-performance and quick weight gain animals in a short period of time. The expansion of meat products industry has created an opportunity for feed probiotics to spur the market, as probiotics benefit the consumers by boosting the immunity and enhancing the performance of animals, by stabilizing the rumen environment.
Increased use in Ruminants
Probiotics enhance the gut performance by balancing the good and bad bacteria and boosting the immunity of animals. Ruminants are the major consumer of feed probiotics, with a share of over 40%, in the global market. Although ruminants are well-adapted for feed digestion due to the ruminal microflora, during times of stress, biochemical conditions prevailing in the rumen can prevent optimum feed utilization. Probiotics, can, therefore, act as a rumen stabilizers following a meal rich in readily fermentable carbohydrates. Ruminants consume a large amount of readily fermentable carbohydrates in their diet, which has adversely affected the ruminant population with the ruminal acidosis. Researchers found that the ruminal pH drop can be prevented by consuming live yeast. Further, the consumption of probiotics in the animal diets enhances their digestibility and prevents the pH increase. Due to the nature of ruminant diet and the functioning of the stomach, this has led to ruminants market share growing rapidly and currently standing third in the consumption of probiotics among other animals, with a share of 18%. Among ruminant type, dairy lead with a share of 58%, due to probiotics resulting in high yield of milk and enhanced gut performance of dairy cows.
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Reasons to Purchase Feed Probiotics Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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