Animal Feed Probiotics Market is Anticipated To Experience Extraordinary Growth During Forecast Period 2019 - 2027
The global animal feed probiotics market is likely to witness stellar growth throughout the period of assessment, from 2019 to 2027. Increased awareness amongst consumers about the scientific animal nutrition is likely to offer copious growth opportunities for the global animal feed probiotics market in years to come. Furthermore, augmented production of industrialized livestock together with rising demand for protein sources that are animal-based is likely to boost the market.
Probiotics refer to those good microorganisms that are needed for the development of the immune system of animals. The feed additives that are given to the animals through food are known as probiotics in animal feed. These probiotics could be both non-bacterial and bacterial.
E. I. du Pont de Nemours and Company, Evonik Industries AG, Novus International, Inc., Adisseo France SAS, Chr. Hansen Holding A/S, and Calpis Co., Ltd. are some of the companies profiled in the global Animal Feed Probiotics Market.
Transparency Market Research has prepared an all-inclusive study on the global animal feed probiotics market, for the period of 2019 to 2027. The report prophesizes that the global animal feed probiotics market is likely to grow at a rate of 7% CAGR, reaching US$ 4.3 Bn through 2027.
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Standardization of Animal Products to Drive Market in Europe
Considering geographical segmentation, Europe is estimated to be one of the leading regional markets for the global animal feed probiotics market in years to come. Earlier, most of the countries in Europe used a large number of antibiotics for improving the overall health of their livestock. With the increased standardization of meat products in many of the importing countries, stocks with high antibiotics-content are being rejected. As such, cultivators are asked to utilized naturally occurring materials as feed supplements. It is at this juncture, probiotics entered the market to play an important role in the Europe animal feed probiotics market.
Asia-Pacific is one of the leading regional markets in the global animal feed probiotics market. The region accounts for a substantial share of the market thanks to the presence of a large number of meat-eating people in the region. Furthermore, rising awareness about the advantages of probiotics is likely to bolster its growth in the market.
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