Report Description
The North America feed probiotics market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing industrialized livestock production, as well as an increase in demand for animal-based protein sources.
The market is growing due to a large increase in animal product consumption over the previous two decades and the potential of additional development in the food industry.. Moreover, maintaining and improving animal health, as well as preventing and treating intestinal and other infections are two of the most significant reasons for employing probiotics in animal feed.
Aversion for antibiotic-fed farm animals, as well as regulatory scrutiny on animal-derived goods including poultry, eggs, beef, and cattle is projected to increase demand for animal feed probiotics in the region.
Several changes in North America people’s dietary choices and consumption patterns have been observed including an increase in meat and dairy product consumption.
The increased demand for different animal products such as dairy, meat products and other non-food items has led in a surge in the usage of feed additives, driving the animal feed probiotics industry.
The livestock sector is under immense strain in order to supply the growing demand for high-value animal products. Consumers are becoming more health-conscious, emphasizing nutrient-dense meals offered through upgraded feed products provided to animals.
Following the COVID-19 outbreak, animal feed probiotic labeling may be scrutinized more closely. National food safety authorities and the Secretariat of the International Food Safety Authorities Network (INFOSAN) are looking for more information on the possible role of food in the virus's spread through local and international trade. Meanwhile, the World Health Organization has advised particular requirements for maintaining food cleanliness and safety measures in order to minimize COVID-19 transmission through food.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing people's awareness of the advantages of probiotics for animal health is projected to boost the market during the forecast period.
- Rising industrialization of livestock production is anticipated to drive the market in the coming years.
- Growing need for animal-based protein sources for companion animals and livestock are expected to propel the market.
- Increasing animal adoption and animal care centers in the country are estimated to fuel the market.
- Rapid growth of the food & beverages industry is main factors boosting the market in the coming years.
- Process innovation and sophisticated transportation capabilities are required to reach foreign clients are expected to create significant opportunities for the market players.
Scope of the Report
The report on the North America feed probiotics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Feed Probiotics Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Applications (Ruminant, Swine, Aquaculture, Poultry, and Others), Types (Lactobacilli, Bifid bacterial, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Life products Inc.; Novus International; DuPont; Lallemand Inc.; Chr. Hansen Holding A/S
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North America Feed Probiotics Market Segment Insights
The poultry segment is projected to account for a major market share
Based on applications, the North America feed probiotics market is divided into ruminant, swine, aquaculture, poultry, and others. The poultry machine segment is expected to represent a key share of the market during the forecast period owing to breeders are becoming more concerned over their animals' health and prefer to offer appropriate nutrition and supplements to keep them healthy.
The bifid bacterial segment is expected to grow at a robust pace
On the types, the North America feed probiotics market is segmented into lactobacilli, bifid bacterial, and other. The bifid bacterial segment is expected to hold a key share of the market in the coming years owing to treat bowel issues (such as irritable bowel and diarrhea), dermatitis, urinary tract infections, vaginal yeast infections, and lactose intolerance, it is used to promote digestion and restore natural flora.
Segments
The North America feed probiotics market has been segmented on the basis of
Applications
- Ruminant
- Swine
- Aquaculture
- Poultry
- Others
Types
- Lactobacilli
- Bifid bacterial
- Other
Regions
Key Market Players
- Life products Inc.
- Novus International
- DuPont
- Lallemand Inc.
- Chr. Hansen Holding A/S.
Competitive Landscape
Key players competing in the North America feed probiotics market includes Life products Inc.; Novus International; DuPont; Lallemand Inc.; Chr. Hansen Holding A/S.
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Probiotics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Feed Probiotics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Probiotics Market - Supply Chain
4.5. Global Feed Probiotics Market Forecast
4.5.1. Feed Probiotics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Probiotics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Feed Probiotics Market Absolute $ Opportunity
5. Global Feed Probiotics Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Feed Probiotics Market Size and Volume Forecast by Types
5.3.1. Lactobacilli
Bifid bacterial
Other
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Probiotics Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Feed Probiotics Market Size and Volume Forecast by Applications
6.3.1. Ruminant
Swine
Aquaculture
Poultry
Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Feed Probiotics Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Feed Probiotics Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Feed Probiotics Demand Share Forecast, 2019-2026
8. North America Feed Probiotics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Feed Probiotics Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Feed Probiotics Market Size and Volume Forecast by Types
8.4.1. Lactobacilli
Bifid bacterial
Other
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Feed Probiotics Market Size and Volume Forecast by Applications
8.7.1. Ruminant
Swine
Aquaculture
Poultry
Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Feed Probiotics Demand Share Forecast, 2019-2026
9. Latin America Feed Probiotics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Feed Probiotics Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Feed Probiotics Market Size and Volume Forecast by Types
9.4.1. Lactobacilli
Bifid bacterial
Other
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Feed Probiotics Market Size and Volume Forecast by Applications
9.7.1. Ruminant
Swine
Aquaculture
Poultry
Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Feed Probiotics Demand Share Forecast, 2019-2026
10. Europe Feed Probiotics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Feed Probiotics Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Feed Probiotics Market Size and Volume Forecast by Types
10.4.1. Lactobacilli
Bifid bacterial
Other
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Feed Probiotics Market Size and Volume Forecast by Applications
10.7.1. Ruminant
Swine
Aquaculture
Poultry
Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Feed Probiotics Demand Share Forecast, 2019-2026
11. Asia Pacific Feed Probiotics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Feed Probiotics Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Feed Probiotics Market Size and Volume Forecast by Types
11.4.1. Lactobacilli
Bifid bacterial
Other
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Feed Probiotics Market Size and Volume Forecast by Applications
11.7.1. Ruminant
Swine
Aquaculture
Poultry
Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Feed Probiotics Demand Share Forecast, 2019-2026
12. Middle East & Africa Feed Probiotics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Feed Probiotics Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Feed Probiotics Market Size and Volume Forecast by Types
12.4.1. Lactobacilli
Bifid bacterial
Other
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Feed Probiotics Market Size and Volume Forecast by Applications
12.7.1. Ruminant
Swine
Aquaculture
Poultry
Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Feed Probiotics Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Feed Probiotics Market: Market Share Analysis
13.2. Feed Probiotics Distributors and Customers
13.3. Feed Probiotics Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Life products Inc.
Novus International
DuPont
Lallemand Inc.
Chr. Hansen Holding A/S.