The probiotics in animal feed market is valued at USD 3.25billion in 2016,and projected to grow at a CAGR of 7.7%, to reach USD 5.07 billion by 2022.
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Study on Probiotics in Animal Feed Market highlights key players such as Chr. Hansen A/S (Denmark), Koninklijke DSM N.V.
(Netherlands), E. I. du Pont de Nemours and Company (U.S.), Lallemand, Inc. (Canada), Lesaffre & Cie (France), Novozymes A/S (Denmark), Calpis Co., Ltd.
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Evonik Industries AG (Germany), Alltech (U.S.), Mitsui & Co., Ltd. (Japan).
Complete report on Probiotics in Animal Feed Market spread across 168 Pages, Profiling 12 Companies and Supported with 100 Tables and 43 Figures is now available at www.rnrmarketresearch.com/probioti…arket-report.html
Key Target Audience;
- Regulatory and research organizations
- Raw material producers, suppliers, and distributors
- Probiotics in animal feed manufacturer, traders, distributors, and dealers
- Animal feed and probiotics based organizations
- Research and consulting firms
The market is primarily driven by factors such as growing awareness about animal health among customers, rising demand for nutrient-rich feed for animals, increasing demand for quality animal products and initiatives undertaken by the government and regulatory bodies to increase consumer awareness. One of the major restraints in the growth of the probiotic in animal feed is the time required for regulatory approval.
On the basis of form, the dry as segmentled the growth of the probiotics in animal feed market growing at the fastest CAGR from 2017 to 2022. The moisture content of liquid probiotics results in uncontrolled culturing which affects the quality of feed products.
This makes dry probiotics a suitable ingredient for processed feed products, making it the preferred form for feed manufacturers. Factors such as ease of handling, convenient storage, and easier transportation have been increasing the demand for the dry form of probiotics in animal feed.
Key Points From Table Of Content:
Probiotics in Animal Feed Market, By Livestock
Probiotics in Animal Feed Market, By Source
- Research on Lactobacilli
- Streptococcus Thermophilus
- Probiotic Properties of Streptococcus Thermophilus
- Research on Bifidobacteria
The report segments the probiotics in animal feed on the basis of source, livestock, form, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end use analysis and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the global probiotics in animal feed, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
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