Probiotics in Animal Feed Market Size, Share, Global Analysis, Development Status, Regional Trends,
Opportunity Assessment and Comprehensive Research Study Till 2027
The global Probiotics in Animal Feed Market is likely to benefit from the increasing awareness regarding
animal health welfare. According to a report published by Fortune Business Insights, titled “Probiotics in
Animal Feed Market: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was
valued at US$ 3.56 Bn in 2018. Fortune Business Insights has predicted that the market will reach US$ 6.24
Bn by 2026, thereby exhibiting a CAGR of 7.30%.
The benefits of probiotics in animal nutrition has created a high demand for these products across the world.
The growing emphasis on animal health and welfare and increasing trend of commercial livestock farming
has led to availability of new products in the market place. The growing focus on research and development
in probiotics to substitute antibiotic growth promoter feed additives has led to increasing popularity of
probiotics in animal feed. The use of probiotics in poultry farming and breeding is expected to enhance the
productivity and performance of feed products. The report states that rising uptake of probiotics over
various domains will aid the growth of the global Probiotics in Animal Feed Market in the forthcoming years.
Increasing Applications in Poultry Farming to Enable Growth
The rising uptake of probiotics in poultry farming has resulted primarily from the increasing demand for the
enhanced nutritional health of inbred animals. Rising adoption of a healthy lifestyle has created the demand
for clean-label meat and other poultry products. Fortune Business Insights has predicted that probiotics will
find increasing applications in poultry farming in the coming years. In 2019, Biomin launched the Poultrystar
Hatchery Geldrop aimed at nutritional enrichment of day old chicks. The water solubility of the product
helped overcome the food delivery barrier and thi