Probiotics are a type of feed additive that can improve animal health, reduce the need for antibiotics, and enhance growth performance. This report will discuss how probiotics are revolutionizing the animal feed industry, including trends and forecasts in the market.
Market Overview: The global market for animal feed probiotics is expected to grow at a significant rate in the coming years, due to increasing consumer awareness about the benefits of probiotics, the rising demand for natural and organic feed additives, and the need to improve animal health and welfare. The market is segmented by type, source, livestock, form, and region.
Types of Probiotics: The most commonly used types of probiotics in animal feed are Lactobacillus, Bifidobacterium, Streptococcus, Bacillus, and others. Lactobacillus is the most widely used type of probiotic, owing to its effectiveness in improving gut health and digestion in animals.
Sources of Probiotics: Probiotics can be derived from bacteria, yeast, and fungi. Bacteria-based probiotics are the most widely used in animal feed, due to their stability and efficacy in improving animal health and performance.
Livestock: The major livestock categories that use probiotics in their feed are poultry, swine, ruminants, aquatic animals, and pets. Poultry is the largest consumer of probiotics in animal feed, owing to the high demand for poultry meat and the increasing focus on reducing the use of antibiotics in poultry production.
Forms: Probiotics can be delivered in various forms, including dry, liquid, and gel. Dry probiotics are the most commonly used form, due to their stability and ease of use.
Trends: One of the major trends in the animal feed probiotics market is the increasing demand for natural and organic feed additives, as consumers become more concerned about the safety and quality of the food they consume. Another trend is the rising use of probiotics to reduce the use of antibiotics in animal feed, due to concerns about antibiotic resistance.
Forecasts: The global animal feed probiotics market is expected to grow at a CAGR of 6.9% from 2021 to 2028, reaching a market size of USD 8.5 billion by 2028. The Asia-Pacific region is expected to be the fastest-growing market, due to the increasing demand for meat and dairy products and the rising focus on animal health and welfare.
Challenges: Despite the potential benefits of probiotics in animal feed, there are some challenges associated with their use, such as the lack of standardized regulations, the need for effective quality control measures, and the high cost of production.
Conclusion: Probiotics are revolutionizing the animal feed industry, with increasing demand for natural and organic feed additives and a growing focus on animal health and welfare. The market is expected to witness significant growth in the coming years, but challenges associated with the use of probiotics in animal feed need to be addressed through effective quality control measures and standardized regulations.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.