Consainsights logo
Mail Us
Reports > Life Sciences > Probiotics Prebiotics As Compound Feed Ingredients Market Report

Probiotics Prebiotics As Compound Feed Ingredients Market Size, Share, Industry Trends and Forecast to 2033

This report provides an in-depth analysis of the Probiotics Prebiotics as Compound Feed Ingredients market from 2023 to 2033. It covers market dynamics, size projections, regional insights, technological advancements, and significant industry players, offering valuable insights for stakeholders.

Metric Value
Study Period 2023 - 2033
2023 Market Size $8.50 Billion
CAGR (2023-2033) 7.2%
2033 Market Size $17.38 Billion
Top Companies Chr. Hansen, BASF SE, DuPont de Nemours, Inc., Evonik Industries AG, Alltech
Last Modified Date 15 Nov 2024

Probiotics Prebiotics As Compound Feed Ingredients Market Report (2023 - 2033)

Probiotics Prebiotics As Compound Feed Ingredients Market Overview

The probiotics and prebiotics industry for compound feed has witnessed significant advancements, primarily driven by scientific research validating their health benefits in livestock. The industry is characterized by a mixture of established players and new entrants innovating product formulations. Key trends include increasing R&D investments to enhance product efficacy and safety, a growing preference for sustainable sourcing, and the need to comply with stringent regulatory standards. Furthermore, the COVID-19 pandemic accelerated the shift towards bio-based and organic feed options, reshaping market strategies.

What is the Market Size & CAGR of Probiotics Prebiotics As Compound Feed Ingredients market in 2023 & 2033?

In 2023, the Probiotics Prebiotics market as compound feed ingredients is valued at USD 8.50 billion, with an expected growth to USD 17.44 billion by 2033. This represents a Compound Annual Growth Rate (CAGR) of 7.5% over the decade. The growth can be attributed to the rising implementation of organic farming practices, increasing demand for high-quality animal products, and growing preference for feed additives that enhance animal health and performance.

Probiotics Prebiotics As Compound Feed Ingredients Industry Analysis

The probiotics and prebiotics industry for compound feed has witnessed significant advancements, primarily driven by scientific research validating their health benefits in livestock. The industry is characterized by a mixture of established players and new entrants innovating product formulations. Key trends include increasing R&D investments to enhance product efficacy and safety, a growing preference for sustainable sourcing, and the need to comply with stringent regulatory standards. Furthermore, the COVID-19 pandemic accelerated the shift towards bio-based and organic feed options, reshaping market strategies.

Probiotics Prebiotics As Compound Feed Ingredients Market Segmentation and Scope

The Probiotics Prebiotics market can be segmented based on type, source, application, and formulation. This segmentation allows for more targeted exploration of sub-markets. Key segments include: 1. **By Type:** Probiotics and Prebiotics, where probiotics dominate the market due to their extensive benefits in gut health. 2. **By Source:** Natural and Synthetic, with natural sources trending due to increasing consumer preference for organic products. 3. **By Application:** Animal Feed and Functional Foods, with animal feed accounting for the majority share, driven by livestock health benefits. 4. **By Formulation:** Liquid, Powder, and Capsules, with liquid formulations gaining traction due to ease of use and application.

Request a custom research report for industry.

Probiotics Prebiotics As Compound Feed Ingredients Market Analysis Report by Region

Europe Probiotics Prebiotics As Compound Feed Ingredients Market Report:

Europe shows robust growth from USD 2.53 billion in 2023 to USD 5.17 billion by 2033. Strong regulatory frameworks promoting natural additives significantly enhance market potential throughout the region.

Asia Pacific Probiotics Prebiotics As Compound Feed Ingredients Market Report:

In 2023, the Asia Pacific market is valued at USD 1.62 billion and projected to reach USD 3.30 billion by 2033, reflecting a strong CAGR. Key markets include China and India, driven by rising meat consumption and health awareness among farmers.

North America Probiotics Prebiotics As Compound Feed Ingredients Market Report:

North America, valued at USD 2.83 billion in 2023, is expected to reach USD 5.78 billion by 2033. The market is supported by advanced livestock management practices and increasing adoption of probiotics by feed manufacturers.

South America Probiotics Prebiotics As Compound Feed Ingredients Market Report:

The South American market is projected to grow from USD 0.85 billion in 2023 to USD 1.73 billion by 2033. Growing livestock production and a trend towards organic farming practices are significant contributors.

Middle East & Africa Probiotics Prebiotics As Compound Feed Ingredients Market Report:

In 2023, the Middle East and Africa market value is USD 0.68 billion, predicted to grow to USD 1.39 billion by 2033. The expanding livestock sector necessitates efficient and health-promoting feed solutions.

Request a custom research report for industry.

Probiotics Prebiotics As Compound Feed Ingredients Market Analysis By Type

Global Probiotics & Prebiotics Market, By Type Market Analysis (2023 - 2033)

Probiotics dominate the market with a size of USD 7.05 billion in 2023 compared to USD 1.45 billion for prebiotics. The segment is expected to grow to USD 14.42 billion and USD 2.96 billion respectively by 2033. Probiotics account for 82.97% of the market share, while prebiotics hold 17.03%.

Probiotics Prebiotics As Compound Feed Ingredients Market Analysis By Source

Global Probiotics & Prebiotics Market, By Source Market Analysis (2023 - 2033)

Natural sources capture the largest portion at USD 7.05 billion in 2023, projected to grow to USD 14.42 billion by 2033, reflecting a growing consumer preference for natural ingredients. Synthetic sources currently contribute USD 1.45 billion, with an anticipated increase to USD 2.96 billion.

Probiotics Prebiotics As Compound Feed Ingredients Market Analysis By Application

Global Probiotics & Prebiotics Market, By Application Market Analysis (2023 - 2033)

Animal feed leads with a size of USD 7.05 billion in 2023, growing to USD 14.42 billion by 2033, accounting for 82.97% of the market share, while functional foods support secondary growth at USD 1.45 billion, increasing to USD 2.96 billion.

Probiotics Prebiotics As Compound Feed Ingredients Market Analysis By Formulation

Global Probiotics & Prebiotics Market, By Formulation Market Analysis (2023 - 2033)

Liquid formulations dominate with USD 5.62 billion in 2023, slated for growth to USD 11.49 billion. Powder and capsule formulations are also significant, with respective values of USD 1.73 billion and USD 1.14 billion anticipated to reach USD 3.54 billion and USD 2.34 billion by 2033.

Probiotics Prebiotics As Compound Feed Ingredients Market Trends and Future Forecast

The probiotics and prebiotics market for compound feed ingredients is poised for significant growth in the coming decade, driven by increasing consumer demand for healthy animal products, eco-friendly farming practices, and regulatory support for natural feed additives. Future trends will likely see advancements in microbial strains and synergistic formulations that enhance bioavailability and efficacy, promoting faster adoption across various animal husbandry sectors. However, challenges such as rising raw material costs and regulatory hurdles remain potential barriers that stakeholders must navigate.

Request a custom research report for industry.

Global Market Leaders and Top Companies in Probiotics Prebiotics As Compound Feed Ingredients Industry

Chr. Hansen:

A global leader in natural ingredients and probiotics for animal feed, Chr. Hansen specializes in enzymes and cultures that enhance animal health.

BASF SE:

A major player in chemical production, BASF offers innovative feed solutions that leverage their extensive research in animal nutrition.

DuPont de Nemours, Inc.:

DuPont provides advanced probiotics and prebiotics with a strong focus on sustainability and enhancing animal performance.

Evonik Industries AG:

Evonik is recognized for its extensive portfolio in animal nutrition solutions, combining probiotics and nutritional science to promote livestock health.

Alltech:

Alltech specializes in animal health and nutrition products. Their solutions are designed to optimize gut health and enhance animal nutrition.

We're grateful to work with incredible clients.

Datasite
Agilent
Asten Johnson
Bio-Rad
Carl Zeiss
Dywidag
Illumina
LEK Consulting
Shell

Related Industries

    FAQs