Global Feed Probiotics Market is segmented By Source (Lactobacilli, Bifidobacteria, Others), By Form (Dry, Liquid), By Animal Type (Poultry, Dairy, Aqua, Swine, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview
The Global Feed Probiotics Market is expected to grow at a CAGR of 7% during the forecast period (2024-2031).
Probiotics are living microorganisms, including lactobacillus species, Bifidobacterium species, and yeasts, that beneficially affect the host upon ingestion by improving the balance of intestines in animals.
Market Summary
| Metrics | Details |
| Market CAGR | 7% |
| Segments Covered | By Source, By Form, By Animal and By Region |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
| Fastest Growing Region | Asia Pacific |
| Largest Market Share | North America |
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The key benefits of overfeeding probiotics consumption include decreased occurrence of diarrhea, immunostimulation, pathogen resistance, and mucosal integrity maintenance.
Market Dynamics
Probiotics are increasingly used in commercial animal production operations to alter gastrointestinal flora, thereby improving animal health and productivity—the major outcomes from using probiotics include improving animal growth, reducing mortality, and improving feed conversion efficiency. Growing awareness among pet owners, cattle farmers regarding the advantages of probiotics in animals’ health is a major opportunity for the players operating in probiotics manufacturing. Probiotic companies continue to roll out new probiotic products. Some major companies and their probiotic products are Adisseo, which offers its spore-forming Bacillus subtilis Alterion probiotic strain targeting poultry. Since 2016, Adisseo has successfully launched Alterion probiotics. Alterion sales have increased strongly owing to the growing penetration in existing geographies and geographical expansion.
An increase in meat consumption globally will drive the global feed probiotics market. According to the United Nations Food and Agriculture Organization (FAO), Global meat consumption is expected to increase by 15% by 2027. Adding to this, there is a growing prevalence of harmful effects of using antibiotics in livestock among the public. Producers being more aware of the advantages and the increase in output by using probiotics and the harmful effects of antibiotics is expected to boost the market.
However, the lack of strict restrictions on antibiotics hinders probiotic growth across the globe during the forecast period. Also, rapid research in synthetic meat may hinder the market. Synthetic meat has taken huge strides, especially in developed countries like the U.S. in recent times. Bill Gates, in an interview with MIT Technology, said that “all rich countries should move to 100% synthetic beef.”
Covid-19 Impact on Market
While the global trade came to halt during the lockdowns imposed to control the spread of novel coronavirus, the food industry has been impacted by severe freight challenges. The sales of meat and dairy declined in the food industry, particularly in food service and HoReCa. This weakened business in the global food industry imposed a negative impact on the feed probiotics market. Livestock producers struggled with an oversupply situation in the initial phase of the pandemic which resulted in cost cuttings which reflected in cutting down on supplements like probiotics. Supply chain slowdowns, as well as lower consumption of meat and meat-based products, reduced the sales. However, the market is expected to return to normal once the pandemic ends. The real challenge then is to meet the suddenly rising demand.
Market Segmentation Analysis
The global feed probiotics market is segmented on sources into lactobacilli, bifidobacteria, and others.
Lactobacillus is the most commonly used probiotic agent, improves growth performance, feed conversion efficiency, nutrient utilization, intestinal microbiota, gut health, and regulates animals' immune systems. The research revealed that large numbers of lactobacilli or bifidobacteria were present in the intestine of healthy animals, yet much less in animals that are weakened due to stress. Lactobacilli Significantly increases the levels of amylase in the small intestine but significantly reduced the intestinal and fecal beta-glucuronidase and fecal beta-glucosidase, thereby stimulating growth, increasing feed intake.
By animal type, probiotics have been segmented into poultry, dairy, aqua, swine, pets among others. Poultry is the largest segment and is expected to dominate in the forecast period owing to the large consumption of poultry in the Asia Pacific region, which is backed by highly populated developing countries like India and China. Along with development, people are tending more towards a protein-rich diet which will increase meat consumption which will in turn increase probiotics sales.
Market Geographical Share
By region, the global feed probiotics market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Although North America is leading currently owing to the major companies and huge investments in research & development, the Asia-Pacific region is expected to dominate the global feed probiotics market in the forecast period due to the huge presence of livestock population and growing interests among the farming communities towards improvised feed. Moving forward, given the harmful health effects associated with antibiotics, we may propel towards the strict implementation of laws and lead to growth in the use of these probiotic types. Furthermore, increasing technological advancements to over the challenges faced by existing probiotics in animals shall be addressed; thereby, consumption is expected to propel in developing countries like India.
Companies and Competitive Landscape
Major players are investing immense funds in research and development to discover entirely novel products and applications. The majority of the manufacturer’s products are specific to poultry, aquaculture, and swine. Implementing strict antibiotics restrictions will help probiotics products penetrate much higher into the poultry industry across the globe. The market is competitive in terms of new product launches and acquisitions. Adisseo and Novozymes, two global leaders in the animal nutrition and feed additive industry, have jointly launched probiotic products for poultry, called Alterion, in the U.S. market and several countries in the Middle East and Southeast Asia.
- In July 2021, Adisseo Group announced the signature of an agreement to take 24.99% participation through a capital increase in the company PigCHAMP Pro Europa SL to invest in precision livestock farming.
- In November 2020, Adisseo announced that it has completed the acquisition of FRAmelco Group, a Dutch feed additive company. Most of FRAmelco sales are made of Glycerides (short and medium-chain fatty acids) to enhance animal resilience and improve animal performance and Lysolecithins to increase feed digestibility.
- In February 2019, Archer Daniels Midland Company announced that it has completed its €1.544 billion acquisition of Neovia, creating a global leader in value-added products and solutions for both production and companion animals
Novozymes A/S
Novozymes A/S is a biotechnology-based company. The Company researches develop, produces, and sells enzymes for industrial use. Based in Denmark, the company has over 6000 employees and operations around the world, including in China, India, Brazil, Argentina, the United Kingdom, the United States, and Canada.
Product Portfolio of Novozymes A/S
- Industrial enzymes
- Microorganisms
- Biopharmaceutical ingredients
Key Developments
- The EPO (European Patent Office) ranks Novozymes as the most innovative Danish company and as number 3 in the world within the field of biotechnology, measured by the number of European patent applications filed in 2018.
- Novozymes and Boehringer Ingelheim announce strategic collaboration in probiotics for poultry hatcheries. The collaboration includes R&D, production, marketing, and sales of a portfolio of probiotic products.
- In June 2021, The DSM | Novozymes Feed Enzymes Alliance announces the commercial release of its breakthrough second-generation protease, ProAct 360™. ProAct 360™ is said to set a new market standard in protease technology for poultry
Some of the key players in the global feed probiotics market include Archer Daniels Midland Company, Evonik Industries AG, Cargill, Incorporated., Alltech, are among many others.
Why Purchase the Report ?
- Visualize the composition of the global feed probiotics market in terms of source, form, and animal type highlighting the key commercial assets and players.
- Identify commercial opportunities in the global feed probiotics market by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of global feed probiotics market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
**The global feed probiotics report will provide access to approximately 62 market data tables, 60 figures, and 230 pages.
Target Audience
- Investors/Investment Bankers
- Feed Additives Manufacturers
- Distributors
- Research Organizations
