November 5 2020
According to the latest research report by Transparency Market Research, the global animal feed probiotics market is projected to showcase a healthy CAGR of ~7% over the course of the given period of forecast ranging from 2019 to 2027. With the given rate of development, the global market is estimated to generate revenue worth US$4.3 Bn by the end of 2027. Initially, the sales of the global animal feed probiotics market were worth around US$2.6 Bn.
"In recent years, there has been a growing demand for animal protein across the globe. This has put great pressure on livestock farmers to supply ample nutritional supplement in animal feed. Growing consumption of variety of animal products such as chicken, eggs, beef, and meat has increased the testing and scrutiny levels of monitoring and regulatory bodies. This has led to massive rejections of antibiotic-fed farm animals. This has presented huge growth opportunity for the market players in the animal feed probiotics market and they are trying to leverage the same by providing superior feed and products. This is expected to act as a key driving factor for market growth." finds TMR analyst.
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Global Animal Feed Probiotics Market – Key Takeaways
Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Animal feed probiotics market by Source - Bacteria and Non-bacteria; Animal - Companion Animals and Livestock; Form - Liquid and Dry; Sales Channel - Modern Trade, Specialty Stores, Online Retailers, Convenience Stores, and Direct Sales) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027, at https://www.transparencymarketresearch.com/animal-feed-probiotics-market.html
Global Animal Feed Probiotics Market – Prominent Growth Factors
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/21872
Global Animal Feed Probiotics Market – Prominent Growth Restraints
Global Animal Feed Probiotics Market – Geographical Outlook
Analyze Animal Feed Probiotics market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.
Global Animal Feed Probiotics Market – Key Market Players
Some of the key companies in the global animal feed probiotics market are Koninklijke DSM N.V., Alltech, Inc., Chr. Hansen Holding A/S, E. I. du Pont de Nemours and Company, Evonik Industries AG, Adisseo France SAS, Lallemand Inc., Novus International, Inc., and Calpis Co., Ltd. among others.
The global animal feed probiotics market is segmented based on:
Source
Animal
Form
Sales Channel
Region
Explore Transparency Market Research's award-winning coverage of the global Food and Beverages Industry,
Probiotic Ingredients Market - Global probiotic ingredients is set to chart a decent CAGR of over 6% between 2019 and 2027, helping the market reach a worth of USD 7400 Mn by the end of the forecast period 2027.
Probiotics Market - The global revenue generated from Probiotics market is estimated to be valued at roughly US$ 6,762.2 Mn by the end of 2018 and is expected to increase at a CAGR of 8.3% over the forecast period. Global Probiotics market are expected to be valued at approximately US$ 12,753.4 Mn by the end of 2026.
Organic Pea Protein Market - Revenue generated from the global organic pea protein market has been estimated to be valued ~US$ 45 Mn in 2019, which is projected to increase at a CAGR of ~8%, to reach ~US$ 96 Mn by the end of 2029.
Nutraceuticals Market - The U.S. market for nutraceuticals stood at US$64.8 bn in 2015. Progressing at a CAGR of 5.30% between 2016 and 2024, the market's value is estimated to reach US$102.6 bn by the end of 2024.
Nutritional Oil Powder Market - Revenue generated from the nutritional oil powder market has been estimated to be valued at ~US$ 2 Bn in 2019, which is projected to increase at a CAGR of ~6%, to reach US$ 3.2 Bn by 2027.
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