What is the projected growth rate of the feed probiotics market?

Global Feed Probiotics Market is expected to grow at a CAGR of 7% during the forecast period 2024-2031

What are the key drivers of the feed probiotics market growth?

Increasing meat consumption, rising awareness of antibiotic alternatives, and growing livestock populations in the Asia Pacific region are key drivers of the market's growth.

Which animal segment is the largest in the feed probiotics market?

Poultry is the largest segment, driven by the high consumption of poultry in the Asia Pacific region.

Who are the major players in the feed probiotics market?

Major players include Adisseo, Novozymes, Chr. Hansen, and BASF, who are investing heavily in research and development to launch new probiotic products and applications.