Animal Feed Probiotics Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Form (Dry, Liquid), By Microbe (Lactobacillus, Bifidobacterium, Yeast, Others), By Livestock Type (Poultry , Swine, Ruminant, Aquatic, Others), And By Geography - Forecasts From 2023 To 2028

Farmers, premix manufacturers, compound feed makers, base mixes, and concentrate producers are the end users of feed probiotics, which are advantageous microorganisms added to base mixes and compound forms. Due to its numerous advantages, including enhancements in the animal's nutritional assimilation and feed conversion ratio, the market for feed probiotics has been expanding. Probiotics help improve digestive health by balancing good and harmful bacteria, which increases animal immunity. Due to the current limitations against the use of antibiotics in animal feed, the need for feed probiotics is projected to rise. Manufacturers have been motivated to improve the quality and safety of their goods while sustaining their expenditure by the growing demand for safe and nutrient-rich animal feed. The application of probiotics in animal feed is on the rise, providing potential for producers in the feed probiotics market. The usage of probiotics in animal feed, especially in bovine feed, shows positive outcomes in terms of animal productivity, immune function, and metabolism.

Rising meat consumption and animal-derived products to drive growth

Producers have modified their production practices in response to the increased demand for meat from consumers worldwide. Livestock farmers also encounter a significant problem in producing high-quality, hygienic meat while meeting the expectations of the meat processing sector. For instance, the OECD (Organisation for Economic Co-operation and Development) indicated that per capita consumption of poultry meat in Russia increased to 31.7 kg in 2019 from 29.5 kg in 2016. The demand for meat production is increasing as a result of expanding meat consumption, which has further raised the demand for feed probiotics. According to the OECD, the United Kingdom's consumption of poultry meat climbed from 27.8 kg in 2016 to 28.3 kg in 2019. A per capita consumption of 17 kg made pork the second most consumed meat in 2019. Additionally, owing to the rising meat consumption in the European region, the production of pig meat grew from 23 million tonnes in 2020 to 23.4 million in 2021, according to Eurostat. The meat and poultry industries are also said to make up the largest portion of US agriculture, according to data from the North American Meat Institute. In addition, India has a sizable market base for dairy goods when it comes to derivative products. The National Dairy Development Board predicts that by 2030, India's demand for dairy products will amount to 266.5 million metric tonnes. As a result, it is anticipated that meat output would increase along with rising meat consumption, which will likely have a substantial global impact on the market for feed probiotics as well.

Ban on antibiotics to drive growth

Many governments adhere to tight rules to monitor and control the administration of antibiotics by enforcing prohibitions. The market's expansion has halted due to the widespread restriction on antibiotics. In China, for example, a trial effort to end the application of antibiotics in animal feed by 2020 was successfully begun in 2018. The Indian government outlawed the use of Colistin in cattle feed, poultry, and aquaculture farms in July 2019. The German Drug Act also aims to gradually cut back on the usage of antibiotics in cattle husbandry. Additionally, in January 2022, the European Union implemented new legislation that forbids routine antibiotic feeding of farm animals, which World Animal Protection deems to be the most advanced action ever. As a result, probiotics have become the ultimate antibiotic substitute. Therefore, the global market demand for probiotics in animal feed will be driven by country-level restrictions concerning the use of antibiotics in animal feed.

Key developments

• Forage First GS, a premium dietary supplement for gut health, was introduced by ADM Animal Nutrition in September 2020. Its mixture of ingredients supports the equine's ability to maintain a normal gastric pH while also fortifying and defending the stomach lining. July 2021.
• In July 2021, Chr. Hansen successfully acquired UAS Labs. By enhancing its product offerings, clientele, and entry into the lucrative multi-species and high-quality mixtures market, UAS Labs will enhance its microbial base and Probiotics production.
• ADM opened an animal nutrition research and development facility in Switzerland in November 2021. The innovative facility was designed to create feed additives for use in aquaculture, pet food, and livestock sectors as well as to help the business develop a strong market position.

COVID-19 Impact on the Animal Feed Probiotics Market

The market for feed probiotic additives was significantly affected by the COVID-19 outbreak. The meat sector suffered during that time as a result of restaurant closures during the lockdown and a change in consumer consumption habits. Less feed was produced as a result of this adverse effect, which also decreased the need for certain feed additives. The pandemic also had an impact on the supply chain and the production process, which caused significant losses for businesses. It had a significant effect on the feed business because the lockout caused many feed companies to close. The demand for these additives decreased as a result of the closure of feed factories. However, the industry is anticipated to expand steadily with bettering of the overall situation and the resumption of these services.

Animal Feed Probiotics Market Scope:

Segmentation:

• By form
  • Dry
  • Liquid
• By microbe
  • Lactobacillus
  • Bifidobacterium
  • Yeast
  • Others
• By livestock type
  • • Poultry
    • Swine
    • Ruminant
    • Aquatic
    • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Other