MARKET OVERVIEW
Probiotics are usually considered as growth, including health stimulators, and are utilized extensively in animal feeding, especially in pig & poultry production. Probiotics have been defined further as " a live microbial feed supplement that beneficially affects the host animal by promoting its intestinal balance. Animal feed probiotics are also considered important for livestock which is widely employed to increase the quality of feed to improve the yield as well as the overall health of cattle. In addition, the market players are again focusing on using combinations of different feed additives to produce a whole new feed product.
MARKET SCOPE
The "Global Animal Probiotics Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the animal probiotics market with detailed market segmentation by source, for, livestock, and geography. The report provides key statistics on the market status of the leading animal probiotics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The animal probiotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the animal probiotics market in these regions.
IMPACT OF COVID-19 ON ANIMAL PROBIOTICS MARKET
As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.
Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the animal probiotics market. However, as the economies are planning to revive their operations, the demand for animal probiotics is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
By Source
By Form
By Livestock
MARKET PLAYERS
The report covers key developments in the animal probiotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from animal probiotics market are anticipated to witness lucrative growth opportunities in the future with the rising demand for animal probiotics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the animal probiotics market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key developments in the last five years.
Bluestar Adisseo Company
Calpis Co., Ltd.
Chr. Hansen Holding A/S
DSM
DuPont de Nemours, Inc.
Evonik Industries AG
Kerry Group
Lallemand
Lesaffre
Novozymes A/S
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Probiotics are usually considered as growth, including health stimulators, and are utilized extensively in animal feeding, especially in pig & poultry production. Probiotics have been defined further as " a live microbial feed supplement that beneficially affects the host animal by promoting its intestinal balance. Animal feed probiotics are also considered important for livestock which is widely employed to increase the quality of feed to improve the yield as well as the overall health of cattle. In addition, the market players are again focusing on using combinations of different feed additives to produce a whole new feed product.
MARKET SCOPE
The "Global Animal Probiotics Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the animal probiotics market with detailed market segmentation by source, for, livestock, and geography. The report provides key statistics on the market status of the leading animal probiotics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on source, the global animal probiotics market is segmented into bacteria, yeast, and fungi
- Based on form, the market is bifurcated into dry and liquid
- Based on livestock, the market is bifurcated into swine, poultry, ruminants, aquaculture, and others
MARKET DYNAMICS
Drivers:
- Increasing demand for animal-based products such as eggs, milk, meat, and wool
- Growing concerns regarding animal health along with awareness about the benefits of probiotics in animal nutrition
- Increase in focus on animal health to prevent disease outbreaks
Restraints
- Implementation of stringent norms and quality standards regarding the use of probiotics in animal nutrition
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The animal probiotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the animal probiotics market in these regions.
IMPACT OF COVID-19 ON ANIMAL PROBIOTICS MARKET
As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.
Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the animal probiotics market. However, as the economies are planning to revive their operations, the demand for animal probiotics is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
Animal Probiotics Market Report Analysis
Animal Probiotics Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Bluestar Adisseo Company
- Calpis Co., Ltd.
- Chr. Hansen Holding A/S
- DSM
- DuPont de Nemours, Inc.
- Evonik Industries AG
- Kerry Group
- Lallemand
- Lesaffre
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Source
- Bacteria
- Yeast
- Fungi
By Form
- Dry
- Liquid
By Livestock
- Swine
- Poultry
- Ruminants
- Aquaculture
The report covers key developments in the animal probiotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from animal probiotics market are anticipated to witness lucrative growth opportunities in the future with the rising demand for animal probiotics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the animal probiotics market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key developments in the last five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Animal Probiotics Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Bluestar Adisseo Company
2. Calpis Co., Ltd.
3. Chr. Hansen Holding A/S
4. DSM
5. DuPont de Nemours, Inc.
6. Evonik Industries AG
7. Kerry Group
8. Lallemand
9. Lesaffre
10. Novozymes A/S
1. Bluestar Adisseo Company
2. Calpis Co., Ltd.
3. Chr. Hansen Holding A/S
4. DSM
5. DuPont de Nemours, Inc.
6. Evonik Industries AG
7. Kerry Group
8. Lallemand
9. Lesaffre
10. Novozymes A/S
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