The Europe animal feed probiotic bacteria market size was valued at USD 1013.17 million in 2023 and is anticipated to reach USD 1087.13 million in 2024 from USD 1910.20 million by 2032, growing at a CAGR of 7.3% from 2024 to 2032. It captures 25% of the global market.
The Europe demand for probiotics in animal feed is growing significantly owing to rising awareness about animal health among breeders, growing demand for nutrient-rich feed for animals, and rising demand for quality animal feed products.
The major restraining factor for the probiotics in animal feed is the time and investment required for regulatory approval. Regulations on the maximum quantity of probiotics that can be added to animal feed, processing methods, and labeling packaging, and storage conditions restrict the growth of probiotics in the the animal feed market. Such regulations restrict new players from entering the market, thus restricting market growth.
The poultry segment cover the largest market share due to increased production and consumer demand for poultry meat in developing regions such as Asia-Pacific and South America.
On the basis of source, the probiotics in the animal feed market were led by the bacteria segment in 2016. Lactobacilli is one of the most widely commercially available sources of probiotics in animal feed. North American countries are anticipated to become major markets due to the high awareness among customers and this aids in the growth of Europe probiotics in animal feed market in the aforementioned forecast period.
The dry form of probiotics in animal feed commanded the largest market share in 2016. Dry probiotics help improve the shelf life of feed products, resulting in lower storage costs for feed manufacturers, thus raising the demand for dry probiotics in animal feed.
By geography, the market is segmented into the UK, Spain, Germany, France, and others. It is the second largest market.
The key players profiled in the report include Chr. Hansen A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Lallemand, Inc. (Canada), Lesaffre & Cie (France), and E.I. du Pont de Nemours and Company (U.S.). Other players include Novozymes A/S (Denmark), Calpis Co., Ltd. (Japan), Land O'Lakes, Inc. (U.S.), Schouw & Co.(Denmark), Evonik Industries AG (Germany), Alltech (U.S.), and Mitsui & Co., Ltd. (Japan).
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