Global Probiotics Animal Feed Market Overview
The global Probiotics Animal Feed market is expected to grow at x% CAGR over forecast period. Growth of the Probiotics Animal Feed market by region analysed and forecasted in the report. The latest report published by Maximize Market Research on Probiotics Animal Feed market has segmented the market on the basis of
XXX Market Segment
COVID-19 Impact:
The COVID-19 pandemic has affected the food supply chains across the world however, impact of same is different in different regions and countries. The report has captured it very diligently and micro level impact in each segment is analysed. Positive impact on online in 2020 and expected growth in online food order in APAC countries is one of the major changes in the market.
Industry Trends:
The report has covered the trends in the industry by region, packaging, investments, consumer behaviour and the report does not cover the analysis from supply side only but it has covered the consumer behaviour and its impact on consumption of type of food in forecast period. Also the changing food habits in APAC, North America has given the special focus.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Probiotics Animal Feed Market Outlook:
Probiotics in animal feed market deal with the production of probiotics, the forms of probiotics available, the dosage of feeding, and the effects of digestion in the animal. The probiotics are usually fed in animal food to gain the immune system by killing pathogens that harm the body. Asia-Pacific is the largest regional market accounting for a global probiotic market, and North American countries are becoming foremost markets in probiotics by creating awareness for the customers to use more probiotics in the future.
Probiotics Animal Feed Market Dynamics:
Modification of the livestock industry from being an unorganized sector to an organized one driving the demand for probiotics in the animal feed market. Also, an increase in concentration on animal health to prevent disease outbreaks is also expected to significantly influence the probiotics in the animal feed market. Likewise, growth in the consumption of animal-based products across the globe is expected to have a robust impact on the probiotics in the animal feed market. Ban on the use of antibiotic growth promoters in animal feed, together with the rise in natural growth promoters is estimated to generate untapped opportunity for the market participants.
On the other hand, the global quality values and rules have probiotics in animals nourish goods which are restraining the growth of the market.
Probiotics Animal Feed Market Segmentation:
Based on source, the bacteria segment is expected to account for the largest revenue share by 2027, and register the higher CAGR during the forecast period as bacterial probiotic strains are vastly capable of increasing immunity, yield, productivity, and gut health in animals. Also, bacterial strains offer a higher survival rate in animal emotional as compared to yeast & fungi probiotic strains, because of which bacteria is chosen as a probiotic in animal nutrition.
By form, the dry segment is expected to garner a larger revenue share of the global probiotics in animal feed market as the dry probiotics in animal feed offer low storage cost, ease in transportation, and higher shelf-life. The negligible moisture content in dry probiotics reduces them fit for use in animal feed as it helps in increasing the shelf life of animal feed as well. Accordingly, the same segment is expected to register a higher growth rate during the forecast period of 2019 to 2027.
Region-wise, the market in Asia-Pacific is expected to account for the market share of the global probiotics in the animal feed market and is expected to register the highest CAGR during the forecast period. The main countries, encouraging the growth of the regional market are India, China, Indonesia, and Vietnam. Also, increasing awareness among livestock growers about the benefits of using probiotics for livestock is also boosting the demand for animal probiotics feed additives in the Asia-Pacific.
The objective of the report is to present a comprehensive analysis of the Global Probiotics Animal Feed Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Probiotics Animal Feed Market dynamics, structure by analyzing the market segments and project the Global Probiotics Animal Feed Market size. Clear representation of competitive analysis of key players by type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Probiotics Animal Feed Market make the report investor’s guide.
Scope of the Global Probiotics Animal Feed Market
Global Probiotics Animal Feed Market, By Source
• Bacteria
o Bifidobacterium
o Enterococcus
o Lactobacillus
o Pediococcus
o Bacillus
o Propionibacterium
o Streptococcus
o Others
• Non-bacteria
o Yeast
o Fungal
Global Probiotics Animal Feed Market, By Animal
• Companion Animals
• Livestock
o Cattle
o Poultry
o Broiler
o Turkey
o Layers
o Equine
o Swine
o Aquaculture
Global Probiotics Animal Feed Market, By Form
• Liquid
• Dry
Global Probiotics Animal Feed Market, By Sales Channel
• Modern Trade
• Specialty Stores
• Online Retailers
• Convenience Stores
• Direct Sales
Key players operating in the Global Probiotics Animal Feed Market
• Chr. Hansen Holding A/S
• Novozymes
• Kerry Group
• DuPont de Nemours, Inc.
• Evonik Industries AG
• Land O’Lakes, Inc.
• Pure Cultures
• Bluestar Adisseo Co., Ltd.
• Novus International, Inc.
• Koninklijke DSM N.V.
• Schouw & Co.
• Lesaffre
• Unique Biotech
• Lallemand Inc.
• Alltech
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The Probiotics Animal Feed market covers regions of North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Competitive Analysis:
The report has covered the key players and their profiles with their strategic intent and organic as well as inorganic growth strategies. Company’s investment, M&As activities are covered with ticket size and its impact of the market and company’s positioning in the same.
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About Maximize Market Research:
Maximize Market Research has served esteemed clients including Yamaha, Boeing, Sensata, Etnyre, Canada, ALCOR M&A, Microsoft, Harman, and other 200 MNCs worldwide. The Company provides B2B and B2C market research on 5000 high growth emerging technologies & opportunities in Transportation, Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.We, at Maximize Market Research, are a strong unified team of industry specialists and analysts across sectors to ensure entire Industry ecosystem is taken in perspective, factoring all recent development, latest trends and futuristic – the technological impact of uniquely specific industries. In line with the agreed scope and objective of the study, our approach is uniquely custom detailed .
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A detailed study by Fact.MR on the Animal Feed Probiotics market provides an in-depth evaluation of various growth drivers, trends, and opportunities, the prevailing regulatory landscape in various regions, and the competitive scenario amidst the COVID-19 pandemic.
The report provides insight into the major drivers and key restraining factors, emerging trends, and sources of new revenue streams over the assessment period.
To make a granular assessment of the current and projected opportunities and revenues, the report segments the Animal Feed Probiotics market on the basis of region, end-user/application, and product/service/offering type.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=2891Regional Assessments: The study identifies key opportunities in different key regions.
It provides insights into key trends and favorable macroeconomic frameworks in prominent revenue-generating regions.
It provides a detailed scenario of the existing demand and consumption patterns of various key product types.
