Market Size of feed probiotics Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Base Year For Estimation | 2022 |
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CAGR | 5.06 % |
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Largest Share by Sub Additive | Bifidobacteria |
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Largest Share by Region | Asia-Pacific |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Feed Probiotics Market Analysis
The Feed Probiotics Market is projected to register a CAGR of 5.06%
- Bifidobacteria is the Largest Sub Additive: Bifidobacteria is the largest segment due to the rising demand for meat and seafood and reducing the growth of harmful microorganisms in the gastrointestinal tract of animals.
- Asia-Pacific is the Largest Region: The Asia-Pacific region is the largest regional segment, having the highest poultry population, increased feed production, and high demand for meat and end-products.
- Bifidobacteria is the Fastest-growing Sub Additive: Bifidobacteria is the fastest-growing segment due to high consumption in Asia-Pacific, reducing diseases such as campylobacteriosis and helping animals to gain body weight.
- North America is the Fastest-growing Region: North America is the fastest-growing region because of increased feed production, major feed mills in the United States, and high demand for meat products.
