Probiotics in Animal Feed Market Size, Industry Overview, and Leading Players
The global probiotics in animal feed market size is anticipated to grow from USD 4.6 billion in 2023 to USD 7.1 billion in 2028, at a compound annual growth rate (CAGR) of 9.1%. Owing to the increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America.
Probiotics in Animal Feed Industry Overview
The...
Probiotics in Animal Feed Market Size, Growth Opportunities, Industry Analysis, and Forecast – 2028
The probiotics in animal feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. The demand for probiotics in animal feed is primarily driven by increase in production and demand for compound feed, along with rising consumption of feed additives in emerging markets such as Asia Pacific, and South America.
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Probiotics in Animal Feed Market Industry Analysis, Growth Opportunities, and Forecast – 2028
According to a research report “Probiotics in Animal Feed Market by Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets), Source (Bacteria, Yeast, Fungi), Form (Dry, Liquid), Function (Qualitative) (Nutrition, Gut Health, Immunity, Productivity) & Region – Global Forecast to 2028″ published by MarketsandMarkets, the probiotics in animal feed market is projected to reach...
Growth opportunities and latent adjacency in Probiotics in Animal Feed Market
MarketsandMarkets forecasts the Probiotics in animal feed market to grow from USD 4.6 billion in 2019 to USD 7.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. The major factors that are expected to be driving the probiotics in animal feed market are the Growth in consumption of animal-based products, shift of livestock industry from unorganized sector...
Probiotics in Animal Feed Market Growth Opportunities by 2030
The report “Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria [Lactobacilli, Streptococcus Thermophilus, Bifidobacteria] and Yeast & Fungi), Form (Dry and Liquid), and Region – Global Forecast to 2025″ The global probiotics in animal feed market is estimated to be valued at USD 4.6 billion in 2019 and is projected...
Growth in Consumption of Animal-Based Products Drives the Probiotics in Animal Feed Market
The report “Probiotics in Animal Feed Market by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets), Source (Bacteria [Lactobacilli, Streptococcus Thermophilus, Bifidobacteria] and Yeast & Fungi), Form (Dry and Liquid), and Region – Global Forecast to 2025″ The global probiotics in animal feed market is estimated to be valued at USD 4.6 billion in 2019 and...
Increasing Global Demand for Superior-Quality Animal Products Drives the Probiotics in Animal Feed Market
The probiotics in animal feed market is segmented on the basis of form, livestock, source, and region. The form of probiotics in animal feed include dry and liquid. This market has also been segmented on the basis of livestock in poultry, cattle, swine, aquaculture and others which include equine, pets, and rabbits. The market has also been segmented on the basis of source is bacteria (Lactobacilli,...