The report on the "Probiotics in Animal Feed Market by Bacteria (Lactobacilli, Streptococcus Thermophiles, Idobacteria, Others), Livestock (Cattle Feed, Poultry Feed, Swine Feed, Pet Food), & by Geography - Global Analysis & Forecast to 2019", defines and segments the market on the basis of bacteria, livestock, and region, along with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the probiotics in animal feed market with an analysis of the trends, and opportunities.
Browse 63 market data tables and 44 figures spread through 105 pages and in-depth TOC on “Probiotics in Animal Feed Market"
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Probiotics are living microorganisms that render health benefits to the host when consumed in adequate quantities. These help in enhancing the microbial gut flora of the host and prevent proliferation of death-causing diseases. They also help in reducing instances of gastro intestinal problems, enhance the immunity of the consumer, improve skin and gut functionalities, reduce body pathogens, and protect proteins and lipids from oxidative destruction. A proper understanding of the functions of probiotics in animal feed allows animal feed producers to use their potential contributions to meet the consumer demand. The increasing awareness about animal health, rising demand for quality animal produce, and ban of usage of antibiotic growth promoters in animal feed are the key factors fueling the growth of the market for probiotics in animal feed.
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On the basis of bacteria, the market has been segmented into Lactobacillus, Streptococcus Thermophiles, Bifidobacteria, and Others. On the basis of livestock, the probiotics in animal feed market has been segmented into cattle feed, poultry feed, swine feed, and pet food.
The Probiotics in Animal Feed Market is projected to reach $4.40 Billion by 2019, at a CAGR of 7.7% from 2014 to 2019. In 2014, Asia-Pacific was the largest market for probiotics in animal feed; it is also expected to be the fastest-growing market. The Asia-Pacific probiotics in animal feed market was closely followed by Europe as it is one of the largest consumers of meat and related products. Latin America is projected to be the second fastest-growing market for probiotics in animal feed during the review period. The growth of the global probiotics in animal feed market is driven by the increasing awareness among consumers about the health benefits of probiotics, rising demand for meat and related products, increased demand for quality animal produce, and increasing concerns about animal health among the livestock owners.
The report includes marketing and development strategies, along with the product portfolio of the leading companies in the market. It includes the profiles of the leading companies, such as E.I. du Pont de Nemours and Company (U.S.), Royal DSM N.V. (Netherlands), Yakult Honsha Co., Ltd (Japan), Nebraska Cultures Inc. (U.S.). These key players in the market are focusing on new product launches and expansion of their facilities to sustain and strengthen their positions in the global market.
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