Meticulous Research®, a prominent global market research firm, has released a comprehensive report titled “Animal Feed Probiotics Market by Source (Bacteria [Lactobacillus, Bifidobacterium, Streptococcus thermophilus, Bacillus]), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, Other Animals), Form (Liquid), and Geography - Global Forecast to 2029.” This publication offers valuable insights into the projected growth and emerging trends in the probiotics in animal feed market.

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Growth Trajectory of Probiotics Market
The probiotics in animal feed market is expected to reach $6.07 billion by 2029, growing at a CAGR of 7.1% from 2022 to 2029. The primary factors driving this growth include the increasing demand for animal protein, a rising preference for probiotics as an alternative to antibiotics, the prevalence of intestinal disorders in livestock, and a growing production of compound feed.

Opportunities Amid Regulatory Hurdles
The industry is experiencing a shift towards natural growth promoters, which is expected to create substantial opportunities for market players. However, complex regulations regarding the use of probiotics in animal feed could pose significant challenges to growth.

Segmentation Insights
The animal feed market is segmented by source (bacteria, yeast), animal type (poultry, ruminants, swine, aquaculture, pets, other animals), and form (liquid, dry). The study evaluates competitors in the industry and analyzes market dynamics at the regional and country levels.

Bacteria Segment Leadership
In 2022, the bacteria segment is expected to hold a significant share of the animal feed probiotics market. This is largely due to the rising adoption of bacterial strains as a sustainable alternative to antibiotic growth promoters and growing consumer awareness regarding the quality of feed. Probiotics are increasingly recognized for their role in enhancing digestion, improving animal performance, and supporting immune health.

Growth of Aquaculture Segment
The aquaculture segment is projected to experience the highest CAGR during the forecast period. This growth is driven by the increasing application of probiotics to promote the health, performance, and growth of farmed fish and shrimp. The rising demand for healthy aquatic species and the steady growth in the aquaculture industry are expected to boost this segment's expansion.

Liquid Probiotics on the Rise
Based on product form, the liquid segment is projected to dominate the animal feed probiotics market in 2022. The numerous benefits of liquid probiotics, including rapid absorption and ease of digestion, contribute to their popularity.

Asia-Pacific Region Growth Prospects
The Asia-Pacific region is expected to experience the highest CAGR during the forecast period. The rapid growth can be attributed to several factors, including increased consumer awareness regarding health, substantial poultry and cattle production in countries such as China and India, and ongoing innovations in probiotic formulations. Additionally, the rising demand for safe and nutritious animal feed and stringent regulations on antibiotic use will create promising opportunities for market players.

Key Players in the Industry
Key companies operating in the probiotics in animal feed market include The Archer-Daniels-Midland Company (U.S.), Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Dupont de Nemours, Inc. (U.S.), Evonik Industries AG (Germany), Koninklijke DSM N.V. (Netherlands), Orffa International Holding B.V. (Netherlands), Novozymes A/S (Denmark), Kemin Industries (U.S.), and Provita Eurotech Ltd (U.K.). These organizations are critical to driving innovation and shaping the future of the probiotics segment in animal feed.

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