Asia Pacific Probiotics In Animal Feed Market Size, Share, Growth, Trends, And Forecasts Research Report – Segmented By Bacteria, Livestock, Function, Form, And By Region (India, China, Japan, South Korea, Australia, New Zealand, Malaysia, Vietnam, Philippines, Indonesia, Singapore, Rest of APAC) – Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 3279
Pages: 145

Asia Pacific Probiotics in Animal Feed Market Size (2024 to 2032)

Asia Pacific Probiotics in the animal feed market was valued at USD 1.32 billion in 2023 and is anticipated to reach USD 1.42 billion in 2024 from USD 2.62 billion by 2032, growing at a CAGR of 7.92% from 2024 to 2032.

Probiotics-based nourishing assumes an imperative part in giving well-being and therapeutic advantages to creatures, such as the prevention and cure of ailments, notwithstanding the essential healthful segments found in foodstuff. They help in improving microflora in the gut of the host and expand lactose resilience restrain, along these lines, help in the solid development of the creature. The goal of this investigation is to characterize, section, and venture the measure of the probiotics in creature nourish showcase on the premise of microscopic organisms, shape, domesticated animals, work, and by locale, and furthermore give point-by-point data about the essential variables affecting business sector elements (drivers, restrictions, openings, and industry-particular difficulties).

Feed probiotics have turned into a basic part of the worldwide meat generation industry. These are imperative fixings joined with the fundamental sustain blend, to give basic nourishment to creatures and enhance their general development. The industry is seeing good market patterns, for example, rising interest for high protein diets, particularly in the creating economies of China and Brazil where per capita pay is additionally rising quickly. The interest for feed is additionally rising a direct result of expanding offices for mass meat generation.

Market Drivers

Animal disease, for example, H1N1 (Influenza A) have brought about expanded worry over meat quality and wellbeing, and are driving the development of feed for better creature wellbeing and illness insurance. The administrative prohibition on anti-infection agents as development promoters in Europe and the U.S. has negatively affected market development in these areas. Such a prohibition on anti-toxin utilization is influencing the worldwide meat exchange between created and creating (China, and India) countries in view of administrative incongruities. The general standpoint of the animal feed industry is sure, where new business openings as better item advancement and expanding offers of feed other than anti-microbial are normal soon.

This research report on the Asia Pacific probiotics in animal feed market is segmented and sub-segmented into the following categories.

By Source

  • Bacteria
    • Streptococcus Thermophiles,
    • Bifidobacteria
    • Lactobacilli
  • yeast

The bacteria segment had the largest share in 2018

By Livestock

  • Cattle
  • Poultry
  • Swine
  • Aquaculture

By Function

  • Yield
  • Immunity
  • Productivity

By Form

  • Dry
  • Liquid

The dry form segment had the largest share in the Asia Pacific probiotics market for animal feed in 2018.

COUNTRY ANALYSIS

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Asia Pacific is geographically segmented into China, India, Japan, and South Korea. Asia Pacific is one of the most lucrative markets for the growth of medical image analysis software market and is projected to grow the highest during the forecast period. The Asia-Pacific animal feed area is altogether affected by the inclination for regular and wholesome nourishment for creatures. The interest in probiotics-based items in creature sustain is ceaselessly expanding in the Asia-Pacific district. Expanding mindfulness about the medical advantages of probiotics is additionally the prime factor driving the interest in probiotics-based feed in this district.

KEY MARKET PLAYERS

Some of the major companies dominating the market by their products and services include Lallemand, Inc. (Canada), Koninklijke DSM N.V. (Netherlands), Cargill, Inc. (U.S.), and Chr. Hansen Holding A/S (Denmark), and E.I. du Pont de Nemours and Company (U.S.)., Lesaffre Group (France), Novozymes (Denmark), Advanced BioNutrition Corporation (U.S.), Calpis Co., Ltd. (Japan), and Nebraska Cultures Inc. (U.S.).

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