Leading Players in the Probiotics in Animal Feed Market

Leading Players of Probiotics in the Animal Feed Market

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Asia Pacific leads global probiotics in animal feed. Factors such as a large livestock base, high meat consumption and increased consumer awareness of the positive impact of probiotics on animal health are driving the Asia Pacific market.

Spherical Probiotics in the Animal Feed Market It was valued at US$4.4 billion in 2020. It is projected to reach approximately US$4.8 billion in 2021 and is projected to reach US$7.3 billion in 2026, with a CAGR of 8.8%. consumption of animal products; growth in feed production; and standardization of meat products due to disease outbreaks and implementation of innovative livestock practices to improve meat quality.

Probiotics in the Animal Feed Market

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Among the major players in probiotics in the animal feed market, Chr. Hansen (Denmark), Koninklijke DSM NV (Netherlands), DowDuPont (USA), Evonik Industries (Germany) and Land Olakes (USA). Other players include Lallemand (Canada), Bluestar Adisseo Co. (China), Lesaffre (France), Alltech (USA), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Schouw & Co. (Denmark), Unique. Biotech (India), Pure Cultures (USA), Kerry (Ireland), and Mitsui & Co., Ltd. (Japan). These companies have significant growth opportunities in emerging markets such as China, India, South Africa and South American countries.

Archer Daniels Midland (ADM) (USA)is primarily engaged in the production of food additives, animal feed and feed additives, and biofuels. The company operates in five segments: origin, oilseeds, carbohydrate solutions, nutrition and others. It offers probiotics in the animal feed markets through its nutrition segment. The company is engaged in the manufacture, sale and supply of specialty products, including emulsifiers, natural flavor ingredients, natural health and nutrition products, natural colors, flavor systems, proteins, polyols, soluble fiber, hydrocolloids and other specialty food and feed ingredients. . The nutrition segment consists of two parts, wild flavors and specialty ingredients and animal feed. Under the nutrition segment, it offers animal nutrition products for farm animals such as poultry, pigs and horses. The company offers animal intestinal enzymes and probiotics under brand names such as Inside Tract and PrimaLac.

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It operates in more than 170 countries worldwide and has 44 innovation centres, nearly 500 crop supply facilities and 270 food and feed additive manufacturing facilities. It operates through consolidated subsidiaries in 82 countries, and most of these subsidiaries are outside of the United States.

DuPont (USA), It operates in five business segments: nutrition and biosciences, safety and construction, transportation and industry, electronics and imaging, and non-essentials. Under its nutrition and biosciences segment, the company provides solutions for the global food and beverage, biomaterials, microbial control, textile processing, fabric and home care, personal care, bioenergy and animal nutrition markets. It has subsidiaries in approximately 70 countries worldwide and manufacturing operations in approximately 40 countries.

The company offers gut health related products for livestock species through its nutritional and biological sciences segment. The company started using biotechnology to improve the performance and high functionality of products. DuPont’s broad range of products for the dietary supplements, food and beverage industries, and pet food industry are marketed under the “Danisco” brand.

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Population growth, increase in disposable income, rapid urbanization and increased demand for high quality meat products in the Asia Pacific region are the main factors driving the demand for feed additives. Countries like China, India, and Japan are experiencing significant growth due to increased purchasing power of the population and demand for protein-rich meat diets. Pork and poultry are widely consumed in the Asia Pacific region. In addition, consumers prefer products that are high in nutrients, offer health benefits and exotic flavors. Therefore, fish and other seafood is also a preferred option for consumers, which is a growing industry in this region. The existence of a wide variety of fisheries resources, both freshwater and marine, is recognized as an important factor promoting seafood consumption in the Asia Pacific region. There is an increase in consumer demand for environmentally friendly and animal friendly fish produced without the use of antibiotics. This new trend in the aquaculture industry is leading to a shift towards sustainable aquaculture production methods, resulting in increased use of feed additives such as probiotics in feed products. This is expected to trigger the growth of probiotics in the feed market.

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Related Reports:

Probiotic Market By Product Type (Functional Food and Beverages, Dietary Supplements and Feed), Ingredients (Bacteria and Yeast), End User (Human and Animal), Distribution Channel and Region – Global Forecast to 2027

Animal Intestinal Health Market By Additive (Probiotics, Prebiotics, Phytogenics, Immunostimulants), Livestock (Poultry, Pig, Ruminant, Aquaculture), Form (Dry, Liquid), Source, Region – Global Forecast to 2027

Eubiotic Market By Type (Probiotics, Prebiotics, Organic Acids, Essential Oils), Livestock (Pig, Poultry, Ruminant, Aquaculture), Form (Dry and Liquid), Function (Nutrition and Intestinal Health, Yield, Immunity, Production) – 2022 Global Estimated

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