The global animalfeed probiotics market is likely to witness stellar growth throughout the period ofassessment, from 2019 to 2027. Increased awareness amongst consumers about thescientific animal nutrition is likely to offer copious growth opportunities forthe global animal feed probiotics market in years to come. Furthermore,augmented production of industrialized livestock together with rising demandfor protein sources that are animal-based is likely to boost the market.
Probiotics refer to those good microorganisms that are needed for thedevelopment of the immune system of animals. The feed additives that are givento the animals through food are known as probiotics in animal feed. Theseprobiotics could be both non-bacterial and bacterial.
E. I. du Pont de Nemours and Company, Evonik Industries AG, NovusInternational, Inc., Adisseo France SAS, Chr. Hansen Holding A/S, and CalpisCo., Ltd. are some of the companies profiled in the global Animal FeedProbiotics Market.
Transparency Market Research has prepared an all-inclusive study on theglobal animal feed probiotics market, for the period of 2019 to 2027. Thereport prophesizes that the global animal feed probiotics market is likely togrow at a rate of 7% CAGR, reaching US$ 4.3 Bn through 2027.
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Standardization of Animal Products to Drive Marketin Europe
Considering geographical segmentation, Europe is estimated to be one ofthe leading regional markets for the global animal feed probiotics market inyears to come. Earlier, most of the countries in Europe used a large number ofantibiotics for improving the overall health of their livestock. With theincreased standardization of meat products in many of the importing countries,stocks with high antibiotics-content are being rejected. As such, cultivatorsare asked to utilized naturally occurring materials as feed supplements. It isat this juncture, probiotics entered the market to play an important role inthe Europe animal feed probiotics market.
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Asia-Pacific is one of the leading regional markets in the global animalfeed probiotics market. The region accounts for a substantial share of themarket thanks to the presence of a large number of meat-eating people in theregion. Furthermore, rising awareness about the advantages of probiotics islikely to bolster its growth in the market.
Changing Consumer Dietary Preference is Likely toBolster its Demand in the Market
The global animal feed probiotics market is anticipated to witness asubstantial growth due to many changes observed in the dietary habit of people.The consumption pattern of the people has changed over the years, which hasresulted in an increased intake of dairy and meat products. Augmented demandfor various animal products such as eggs, dairy products, and meat has resultedin the increased use of probiotics in the feed of animals. Furthermore, rapidgrowth in the population is also expected to create more demand foranimal-based food products. This factor is likely to boost the global animalfeed probiotics market in years to come.
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The probiotics are usually blended with animal food to improve theimmune system of animals by killing harmful pathogens of the body. As such, itmakes the product safe for human consumption. The livestock sector is underimmense pressure to meet up with the increased demand for animal products of highvalue. As such, the need for probiotics in the animals is rising, which islikely to work in favor of the global animal feed probiotics market.
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