Animal associations

Global Probiotics in Animal Feed Market Report 2022

New York, Oct. 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Probiotics In Animal Feed Global Market Report 2022” – https://www.reportlinker.com/p06325434/?utm_source=GNW

The global market for probiotics in animal feed market is expected to grow from $3.86 billion in 2021 to $4.23 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. Probiotics in the animal feed market is expected to reach $5.66 billion in 2026 with a CAGR of 7.5%.

Probiotics in the animal feed market consists of sales of probiotics by entities (organizations, independent marketers and partnerships) that refer to a live microbial feed additive that improves the intestinal balance of the host animal. Probiotics are widely used in animal feed and are considered growth and health promoters.

Most probiotics used in animal feed are commercially generated and sold in liquid and solid form.

The main forms of probiotics in animal feed are dry and liquid. Dry probiotics are used in animal feed in the form of dried powder, tablets and capsules.

Dry probiotics come in different shapes and sizes and are made using a freeze-drying method. The various sources of probiotics in animal foods include bacteria, yeasts and fungi.

They are used in livestock feed, poultry, swine, aquaculture and other applications.

Asia-Pacific was the largest region in the probiotics in animal feed market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.

Regions covered in the Probiotics in Animal Feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America , the Middle East and Africa.

The Probiotics in Animal Feed Market research report is part of a series of new reports that provide statistics on the Probiotics in Animal Feed market, including the size of the global Probiotics in Animal Feed market. animal feed industry, regional shares, competitors with probiotics in animal feed market share, detailed probiotics in animal feed market segments, market trends and opportunities, and any other data you may need to thrive in the probiotics business in the animal feed industry. This Probiotics in Animal Feed Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Rising demand for eggs and poultry meat is contributing to the growth of probiotics in the animal feed market. The demand for eggs and poultry meat is increasing due to increasing population, increasing purchasing power and urbanization.

Additionally, a growing awareness of the nutrients and proteins in eggs and meat contributes to their demand. Probiotics are used as an additive in poultry feed, which keeps poultry farm animals free from disease and boosts their immunity to produce more eggs and meat.

For example, in 2020, according to the Food and Agriculture Organization of the United Nations, global poultry meat production increased from 9 to 133 million tonnes, and egg production increased from 15 to 93 million tonnes between 1961 and 2020. for 40% of the total meat produced in the world in 2020.

Egg production has increased by 150% over the past three decades. Thus, increased demand for eggs and poultry meat is expected to drive the demand for probiotics in animal feed over the forecast period.

Partnerships and collaborations are a key trend that is gaining popularity in the probiotics market in the animal feed market.

For example, in September 2020, Proteon Pharmaceuticals, a biotech company based in Poland, partnered with DuPont Animal Nutrition. The partnership aims to use DuPont’s well-known and trusted brand to help poultry producers in select countries gain access to Proteon’s bacteriophage technology.

In addition to enhancing Proteon’s distribution capabilities and strengthening DuPont’s product line, the partnership will help further reduce antimicrobial resistance (AMR) in farm animals. DuPont Animal Nutrition is a biotechnology research company that produces a wide range of food enzymes, betaine, phytogenics and probiotics.

In January 2021, Novozymes, a Denmark-based biotechnology company specializing in the research, development and production of industrial enzymes, microorganisms and biopharmaceutical ingredients, acquired Microbiome Labs for $125 million. With this acquisition, Novozymes will focus on probiotics for human use as a growth area.

It provides the opportunity to advance our work in human health, expand its portfolio and solidify its leadership in the North American probiotics market. Microbiome Labs is an Illinois-based company focused on providing probiotic bacteriotherapy.

Countries covered in the Probiotics in Animal Feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, Korea of the South, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06325434/?utm_source=GNW

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