Animal Feed Probiotics Market Value, Size & Forecast to 2034

Animal Feed Probiotic Market Outlook from 2024 to 2034

The animal feed probiotic market is projected to be valued at US$ 3,645 million in 2024 and is expected to rise to US$ 6,798 million by 2034. The global animal feed probiotic industry is expected to grow at a CAGR of 6.4% during the forecast period.

Key Market Drivers:

The animal feed probiotic market generated an estimated CAGR of 6.3% in 2019. In five years, the market grew at a pace of 6.4% CAGR and added a staggering revenue of US$ 3,645 million in 2024, predicted to reach US$ 6,798 million in the forecast period. Several reasons can be attributed to this growth:

The demand for feed additives that promote animal well-being and productivity is increasing. Probiotics are one such additive that is gaining popularity as consumers and farmers become more conscious of the importance of nutrition in animal health and performance.
Population growth, urbanization, and rising incomes in developing countries have driven the global demand for meat, dairy, and other livestock products. To meet this demand, efficient and sustainable animal farming practices are required, including probiotics to improve feed efficiency and overall animal health.
Probiotics are known for their positive impact on gut health, which is becoming increasingly important as antibiotics in animal feed are being reduced due to concerns about antimicrobial resistance.
Probiotics offer a natural alternative to support gut health and enhance the immune system of animals.
Regulatory bodies in various regions have encouraged using natural and sustainable feed additives. This has led to an increased acceptance of probiotics in animal nutrition.
The expansion of the animal farming industry, particularly in emerging markets, has driven the demand for effective and efficient feed additives. As more farmers adopt modern farming practices, the use of probiotics in animal feed is expected to increase.

Attributes	Key Statistics
Expected Base Year Value (2024)	US$ 3,645 million
Anticipated Forecast Value (2034)	US$ 6,798 million
Estimated Growth (2024 to 2034)	6.4% CAGR

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Consumption Analysis of the Animal Feed Probiotics Market

The understanding of the importance of nutrition in animal health and productivity has seen a significant increase in the demand for animal feed probiotics.
Consumers are prioritizing the quality of livestock products, which has increased demand for feed additives that can enhance animal well-being.
The global trend towards natural and sustainable solutions in animal farming and animal feed probiotics have become preferred among farmers seeking alternatives to traditional feed additives.
Ongoing research and development efforts are leading to the introduction of innovative prebiotic products, which expand the options available to farmers and reinforce the market's trajectory towards increased adoption.
Positive outcomes in animal health and performance have led to increased adoption of probiotics in the market.
Probiotics are known for their positive impact on gut health and overall immunity, which aligns with consumer preferences for natural and sustainable solutions.

Historical Analysis of the Animal Feed Probiotics Market

The animal feed probiotics market is subject to the multifaceted impact of pandemics and market fluctuations, which were influenced by various factors such as disruptions in the supply chain, changes in consumer behavior, and broader economic trends. The market dynamics have evolved since January 2022. Supply chain disruptions have adversely affected the sourcing and transporting raw materials used to produce animal feed probiotics. Temporary shortages, increased prices, and challenges maintaining consistent product quality were the challenges faced back.

Some consumers prioritized essential goods, while others continued to seek high-quality and health-enhancing products, including those focused on animal nutrition. The resilience of the animal feed probiotics market depends on its ability to align with evolving consumer preferences and adapt to changing economic conditions.

Market fluctuations and economic uncertainties can impact farmers' purchasing decisions, affecting the livestock farming sector. Farmers may be more cost-conscious during economic downturns, potentially influencing their choice of feed additives.

Attributes	Key Statistics
Estimated Growth (2019 to 2023)	6.2% CAGR
Forecast Value (2023)	US$ 3,594 million

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Restraining Factors Adversely Affecting the Animal Feed Probiotics Market

The animal feed probiotics market is anticipated to surpass a global valuation of US$ 6,798 million by 2034, with a growth rate of 6.4% CAGR. While the market is expected to experience substantial growth, several restraining factors could adversely affect its development:

The animal feed additives market is highly competitive, including various alternatives available to enhance animal health and productivity, which can limit the market share growth of probiotics.
Convincing traditional farmers to shift from established practices can be a gradual process, especially if they are skeptical about the effectiveness of probiotics.
Economic downturns or fluctuations can impact farmers' spending capacity, potentially leading to reduced investments in premium feed additives like probiotics.
The cost of producing and incorporating probiotics into animal feed formulations can be relatively high, which may deter farmers from adopting them on a large scale.
Despite the increasing awareness of animal nutrition, limited education, and awareness programs could hinder the widespread adoption of probiotics in animal feed.

Comparative View of Adjacent Industries

Future Market Insights has comprehensively studied the additives and alternative protein and has come up with two products that have the potential to give rigorous competition to the global animal feed probiotics market. The growth rates and the current market valuation have been mentioned in the table below. The respective markets' growth factors and critical challenges have also been discussed below.

Animal Feed Probiotics Market:

Attributes	Animal Feed Probiotics Market
CAGR (2024 to 2034)	6.4%
Market Value (2024)	US$ 3,645 million
Growth Factor	Demand for feed additives that promote animal well-being and productivity Expansion of the animal farming industry
Key Challenges	Convincing traditional farmers to shift from established

Animal Feed Additives Market:

Attributes	Animal Feed Additives Market
CAGR (2023 to 2033)	2.0%
Market Value (2023)	US$ 16,067 million
Growth Factor	An increase in protein food demand and a rise in the prevalence of zoonotic and food-borne diseases worldwide. Increasing shift toward antibiotic-free meat
Key Challenges	High production costs and the need to demonstrate consistent efficacy in diverse farming practices.

Animal Feed Alternative Protein Market:

Attributes	Animal Feed Alternative Protein Market
CAGR (2023 to 2033)	7.5%
Market Value (2023)	US$ 3.96 billion
Growth Factor	Growth in the edible insect farming industry, as well as environmental concerns about protein-rich meals Increase in the dairy products market and the growing demand for beef & beef products
Key Challenges	Rigid trade restrictions and a lack of access to raw materials

Category-wise Insights

Growing Emphasis on Sustainable and Natural Alternatives in Animal Agriculture

Attributes	Details
Source	Bacteria
Market Share	55.1%

Based on the source, bacterial source dominates the global market with a market share of 55.1%. This rising popularity is attributed to:

Bacterial-based probiotics, derived from beneficial bacteria such as probiotics, offer an eco-friendly solution to promote animal gut health and overall well-being without relying on synthetic or chemical additives. This aligns with the sustainability trend and reduces the environmental impact of farming practices.
Consumers and manufacturers in the animal agriculture industry are increasingly looking for sustainable and natural alternatives to traditional farming practices.
The shift away from routine use of antibiotics in animal feed due to concerns about antibiotic resistance has fueled the growth of bacterial probiotics.
These probiotics naturally support animal health and immune function without contributing to antibiotic-resistant bacteria development.

Livestock Segment Takes the Lead in the Market with a Share of 34% in 2024

Attributes	Details
Animal	Livestock
Market Share	34%

On the basis of animals, the livestock section dominates the global market with a market share of 34%. This is primarily due to:

The sector's critical role in meeting global protein demands and recognizing that probiotics contribute to more sustainable and efficient livestock production practices.
Animal feed probiotics are crucial in addressing these challenges by promoting gut health, enhancing nutrient absorption, and supporting livestock's overall well-being.
Livestock, including poultry, swine, and cattle, constitutes a significant portion of the global food production chain, providing meat, dairy, and other essential products.

Country-wise Insights

The section analyzes the animal feed probiotics market by country, including China, the United States, India, Japan, and Brazil. The table presents the CAGR for each country, indicating the expected market growth in that country through 2034.

Countries	CAGR
China	6.5%
United States	5.1%
India	6.7%
Japan	8.0%
Brazil	4.5%

Animal Feed Prebiotic Market in China

China is one of the Asian countries that leads the animal feed prebiotic market. The market in China is anticipated to retain its dominance by progressing at an annual growth rate of 6.5% till 2034.

As the world's largest pork consumer and producer, China significantly emphasizes optimizing feed formulations to meet the demands of its massive swine industry.
Government initiatives to modernize and upgrade the agricultural sector, coupled with a growing middle class demanding high-quality meat products, contribute to the strong presence of animal feed probiotics in China's feed industry.

Japanese Advanced Agricultural Practices and A Strong Focus on Animal Welfare

Japan is another Asian country leading the global animal feed prebiotic market. The Japanese Animal Feed Probiotic Market is anticipated to register a CAGR of 8.0% through 2034.

The country's livestock industry places a premium on quality and safety in food production.
Japanese farmers are quick to adopt new technologies and feed additives that contribute to the health and performance of their animals.
Stringent regulations on feed additives and a sophisticated consumer base prioritizing premium and safe food products further drive the demand for high-quality animal feed probiotics in Japan.

The United States’s Advanced and Highly Industrialized Livestock Sector Attributed to Its Uprising Growth

The United States dominates the animal feed prebiotic market in the North American region. The United States animal feed prebiotic market is anticipated to exhibit an annual growth rate of 5.1% till 2034.

The United States is a dominant player in the animal feed prebiotic market; with a strong emphasis on maximizing livestock productivity and ensuring food safety, the country has widely adopted innovative animal nutrition practices, including probiotics.
Stringent regulations promoting sustainable and safe agricultural practices contribute to the growth of the animal feed prebiotic market in the U.S.
The presence of major players in the feed additive industry and ongoing research and development activities further solidify the United States' position as a leader in the global market.

Expanding livestock sector and a focus on sustainable and organic farming practices in India

India is another Asian country leading the global animal feed prebiotic market. The Indian animal feed prebiotic market is anticipated to register a CAGR of 6.7% through 2034.

India is one of the largest milk producers and a growing poultry and livestock product market.
India recognizes the importance of enhancing animal nutrition for better yields.
Increasing farmers' awareness of the benefits of probiotics for gut health and disease prevention is driving adoption.
Government initiatives to improve livestock productivity and the presence of a large and diverse agricultural landscape contribute to the growth of the animal feed prebiotic market in India.

Animal Feed Prebiotic Market in Brazil

Brazil is another country surging the animal feed prebiotic market. The Brazilian animal feed prebiotic market is predicted to register a CAGR of 4.5% through the forecast period.

Brazil's prominence in the animal feed prebiotic market results from its robust and export-oriented livestock industry.
The country is a major global player in meat exports, particularly beef and poultry.
The vast agricultural expanses in Brazil provide ample opportunities for livestock production, and the adoption of advanced nutritional strategies, including probiotics, has become integral to the country's modern farming practices.

Competitive Landscape

The global animal feed prebiotic market is highly fragmented, with key players such as Koninklijke DSM N.V., Alltech, Inc., Chr. Hansen Holding A/S, E. I. du Pont de Nemours and Company, Evonik Industries AG, etc. Koninklijke DSM N.V. is a company that provides cutting-edge animal nutrition solutions, including probiotics that enhance gut health and performance. It is also a global leader in microbial solutions that offer innovative bacterial probiotics to support the development of balanced gut microbiota. Additionally, a key player in the specialty chemicals industry provides advanced amino acid-based probiotics to address the evolving needs of the animal feed industry.

Recent Developments:

On December 11, 2023, the Asia Pacific probiotics in animal feed market witnessed significant growth. Probiotics promote animal health and productivity by maintaining a balanced gut microbiota for optimal nutrient digestion and absorption.
On October 15, 2023, Evonik and Shandong Vland Biotech successfully launched a joint venture in China dedicated to enhancing the gut health of farmed animals through a specialized focus on probiotics.

Key Companies in the Market

Koninklijke DSM N.V.
Alltech, Inc.
Chr. Hansen Holding A/S
E. I. du Pont de Nemours and Company
Evonik Industries AG
Adisseo France SAS
Lallemand Inc.
Novus International, Inc.
Calpis Co., Ltd.

Market Segmentation

By Source:

Bacteria
Non-Bacteria

By Animal:

Companion Animal
Livestock
Equine
Swine
Aquaculture

By Form:

Liquid
Dry

By Sales Channel:

Modern Trade
Direct Sales

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Frequently Asked Questions

How much is the Animal Feed Probiotic Market currently worth?

The global animal feed probiotic market is expected to be worth US$ 3,645 million by 2024.

What is the sales forecast for Animal Feed Probiotics through 2034?

The market for animal feed probiotics is expected to reach US$ 6,798 million by 2034.

At what rate is the Animal Feed Probiotic Market Expanding?

The animal feed probiotic market is growing at a CAGR of 6.4% from 2024 to 2034.

Who are the key manufacturing companies for Animal Feed Probiotics?

Some of the key players in the market are Koninklijke DSM N.V., Alltech, Inc., Chr. Hansen Holding A/S, E. I. du Pont de Nemours and Company, Evonik Industries AG, etc.

Which is the most preferred source of animal feed probiotics?

Bacterial is the most preferred source, dominating the market with a 55.1% share.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit Pack) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis By Source, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Unit Pack) Analysis and Forecast By Source, 2024 to 2034

        5.3.1. Bacteria

        5.3.2. Non-Bacteria

    5.4. Y-o-Y Growth Trend Analysis By Source, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Source, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Animal

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis By Animal, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Unit Pack) Analysis and Forecast By Animal, 2024 to 2034

        6.3.1. Companion Animal

        6.3.2. Livestock

        6.3.3. Equine

        6.3.4. Swine

        6.3.5. Aquaculture

    6.4. Y-o-Y Growth Trend Analysis By Animal, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Animal, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis By Form, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Unit Pack) Analysis and Forecast By Form, 2024 to 2034

        7.3.1. Liquid

        7.3.2. Dry

    7.4. Y-o-Y Growth Trend Analysis By Form, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Form, 2024 to 2034

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis By Sales Channel, 2019 to 2023

    8.3. Current and Future Market Size Value (US$ Million) & Volume (Unit Pack) Analysis and Forecast By Sales Channel, 2024 to 2034

        8.3.1. Modern Trade

        8.3.2. Direct Sales

    8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2019 to 2023

    8.5. Absolute $ Opportunity Analysis By Sales Channel, 2024 to 2034

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Analysis By Region, 2019 to 2023

    9.3. Current Market Size Value (US$ Million) & Volume (Unit Pack) Analysis and Forecast By Region, 2024 to 2034

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Western Europe

        9.3.4. Eastern Europe

        9.3.5. South Asia and Pacific

        9.3.6. East Asia

        9.3.7. Middle East and Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. USA

            10.2.1.2. Canada

        10.2.2. By Source

        10.2.3. By Animal

        10.2.4. By Form

        10.2.5. By Sales Channel

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Source

        10.3.3. By Animal

        10.3.4. By Form

        10.3.5. By Sales Channel

    10.4. Key Takeaways

11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Country

            11.2.1.1. Brazil

            11.2.1.2. Mexico

            11.2.1.3. Rest of Latin America

        11.2.2. By Source

        11.2.3. By Animal

        11.2.4. By Form

        11.2.5. By Sales Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Source

        11.3.3. By Animal

        11.3.4. By Form

        11.3.5. By Sales Channel

    11.4. Key Takeaways

12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. Germany

            12.2.1.2. UK

            12.2.1.3. France

            12.2.1.4. Spain

            12.2.1.5. Italy

            12.2.1.6. Rest of Western Europe

        12.2.2. By Source

        12.2.3. By Animal

        12.2.4. By Form

        12.2.5. By Sales Channel

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Source

        12.3.3. By Animal

        12.3.4. By Form

        12.3.5. By Sales Channel

    12.4. Key Takeaways

13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. Poland

            13.2.1.2. Russia

            13.2.1.3. Czech Republic

            13.2.1.4. Romania

            13.2.1.5. Rest of Eastern Europe

        13.2.2. By Source

        13.2.3. By Animal

        13.2.4. By Form

        13.2.5. By Sales Channel

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Source

        13.3.3. By Animal

        13.3.4. By Form

        13.3.5. By Sales Channel

    13.4. Key Takeaways

14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. India

            14.2.1.2. Bangladesh

            14.2.1.3. Australia

            14.2.1.4. New Zealand

            14.2.1.5. Rest of South Asia and Pacific

        14.2.2. By Source

        14.2.3. By Animal

        14.2.4. By Form

        14.2.5. By Sales Channel

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Source

        14.3.3. By Animal

        14.3.4. By Form

        14.3.5. By Sales Channel

    14.4. Key Takeaways

15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    15.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    15.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        15.2.1. By Country

            15.2.1.1. China

            15.2.1.2. Japan

            15.2.1.3. South Korea

        15.2.2. By Source

        15.2.3. By Animal

        15.2.4. By Form

        15.2.5. By Sales Channel

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Source

        15.3.3. By Animal

        15.3.4. By Form

        15.3.5. By Sales Channel

    15.4. Key Takeaways

16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    16.1. Historical Market Size Value (US$ Million) & Volume (Unit Pack) Trend Analysis By Market Taxonomy, 2019 to 2023

    16.2. Market Size Value (US$ Million) & Volume (Unit Pack) Forecast By Market Taxonomy, 2024 to 2034

        16.2.1. By Country

            16.2.1.1. GCC Countries

            16.2.1.2. South Africa

            16.2.1.3. Israel

            16.2.1.4. Rest of MEA

        16.2.2. By Source

        16.2.3. By Animal

        16.2.4. By Form

        16.2.5. By Sales Channel

    16.3. Market Attractiveness Analysis

        16.3.1. By Country

        16.3.2. By Source

        16.3.3. By Animal

        16.3.4. By Form

        16.3.5. By Sales Channel

    16.4. Key Takeaways

17. Key Countries Market Analysis

    17.1. USA

        17.1.1. Pricing Analysis

        17.1.2. Market Share Analysis, 2023

            17.1.2.1. By Source

            17.1.2.2. By Animal

            17.1.2.3. By Form

            17.1.2.4. By Sales Channel

    17.2. Canada

        17.2.1. Pricing Analysis

        17.2.2. Market Share Analysis, 2023

            17.2.2.1. By Source

            17.2.2.2. By Animal

            17.2.2.3. By Form

            17.2.2.4. By Sales Channel

    17.3. Brazil

        17.3.1. Pricing Analysis

        17.3.2. Market Share Analysis, 2023

            17.3.2.1. By Source

            17.3.2.2. By Animal

            17.3.2.3. By Form

            17.3.2.4. By Sales Channel

    17.4. Mexico

        17.4.1. Pricing Analysis

        17.4.2. Market Share Analysis, 2023

            17.4.2.1. By Source

            17.4.2.2. By Animal

            17.4.2.3. By Form

            17.4.2.4. By Sales Channel

    17.5. Germany

        17.5.1. Pricing Analysis

        17.5.2. Market Share Analysis, 2023

            17.5.2.1. By Source

            17.5.2.2. By Animal

            17.5.2.3. By Form

            17.5.2.4. By Sales Channel

    17.6. UK

        17.6.1. Pricing Analysis

        17.6.2. Market Share Analysis, 2023

            17.6.2.1. By Source

            17.6.2.2. By Animal

            17.6.2.3. By Form

            17.6.2.4. By Sales Channel

    17.7. France

        17.7.1. Pricing Analysis

        17.7.2. Market Share Analysis, 2023

            17.7.2.1. By Source

            17.7.2.2. By Animal

            17.7.2.3. By Form

            17.7.2.4. By Sales Channel

    17.8. Spain

        17.8.1. Pricing Analysis

        17.8.2. Market Share Analysis, 2023

            17.8.2.1. By Source

            17.8.2.2. By Animal

            17.8.2.3. By Form

            17.8.2.4. By Sales Channel

    17.9. Italy

        17.9.1. Pricing Analysis

        17.9.2. Market Share Analysis, 2023

            17.9.2.1. By Source

            17.9.2.2. By Animal

            17.9.2.3. By Form

            17.9.2.4. By Sales Channel

    17.10. Poland

        17.10.1. Pricing Analysis

        17.10.2. Market Share Analysis, 2023

            17.10.2.1. By Source

            17.10.2.2. By Animal

            17.10.2.3. By Form

            17.10.2.4. By Sales Channel

    17.11. Russia

        17.11.1. Pricing Analysis

        17.11.2. Market Share Analysis, 2023

            17.11.2.1. By Source

            17.11.2.2. By Animal

            17.11.2.3. By Form

            17.11.2.4. By Sales Channel

    17.12. Czech Republic

        17.12.1. Pricing Analysis

        17.12.2. Market Share Analysis, 2023

            17.12.2.1. By Source

            17.12.2.2. By Animal

            17.12.2.3. By Form

            17.12.2.4. By Sales Channel

    17.13. Romania

        17.13.1. Pricing Analysis

        17.13.2. Market Share Analysis, 2023

            17.13.2.1. By Source

            17.13.2.2. By Animal

            17.13.2.3. By Form

            17.13.2.4. By Sales Channel

    17.14. India

        17.14.1. Pricing Analysis

        17.14.2. Market Share Analysis, 2023

            17.14.2.1. By Source

            17.14.2.2. By Animal

            17.14.2.3. By Form

            17.14.2.4. By Sales Channel

    17.15. Bangladesh

        17.15.1. Pricing Analysis

        17.15.2. Market Share Analysis, 2023

            17.15.2.1. By Source

            17.15.2.2. By Animal

            17.15.2.3. By Form

            17.15.2.4. By Sales Channel

    17.16. Australia

        17.16.1. Pricing Analysis

        17.16.2. Market Share Analysis, 2023

            17.16.2.1. By Source

            17.16.2.2. By Animal

            17.16.2.3. By Form

            17.16.2.4. By Sales Channel

    17.17. New Zealand

        17.17.1. Pricing Analysis

        17.17.2. Market Share Analysis, 2023

            17.17.2.1. By Source

            17.17.2.2. By Animal

            17.17.2.3. By Form

            17.17.2.4. By Sales Channel

    17.18. China

        17.18.1. Pricing Analysis

        17.18.2. Market Share Analysis, 2023

            17.18.2.1. By Source

            17.18.2.2. By Animal

            17.18.2.3. By Form

            17.18.2.4. By Sales Channel

    17.19. Japan

        17.19.1. Pricing Analysis

        17.19.2. Market Share Analysis, 2023

            17.19.2.1. By Source

            17.19.2.2. By Animal

            17.19.2.3. By Form

            17.19.2.4. By Sales Channel

    17.20. South Korea

        17.20.1. Pricing Analysis

        17.20.2. Market Share Analysis, 2023

            17.20.2.1. By Source

            17.20.2.2. By Animal

            17.20.2.3. By Form

            17.20.2.4. By Sales Channel

    17.21. GCC Countries

        17.21.1. Pricing Analysis

        17.21.2. Market Share Analysis, 2023

            17.21.2.1. By Source

            17.21.2.2. By Animal

            17.21.2.3. By Form

            17.21.2.4. By Sales Channel

    17.22. South Africa

        17.22.1. Pricing Analysis

        17.22.2. Market Share Analysis, 2023

            17.22.2.1. By Source

            17.22.2.2. By Animal

            17.22.2.3. By Form

            17.22.2.4. By Sales Channel

    17.23. Israel

        17.23.1. Pricing Analysis

        17.23.2. Market Share Analysis, 2023

            17.23.2.1. By Source

            17.23.2.2. By Animal

            17.23.2.3. By Form

            17.23.2.4. By Sales Channel

18. Market Structure Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Market Share Analysis of Top Players

        18.3.1. By Regional

        18.3.2. By Source

        18.3.3. By Animal

        18.3.4. By Form

        18.3.5. By Sales Channel

19. Competition Analysis

    19.1. Competition Deep Dive

        19.1.1. Chr. Hansen Holding A/S

            19.1.1.1. Overview

            19.1.1.2. Product Portfolio

            19.1.1.3. Profitability by Market Segments

            19.1.1.4. Sales Footprint

            19.1.1.5. Strategy Overview

                19.1.1.5.1. Marketing Strategy

                19.1.1.5.2. Product Strategy

                19.1.1.5.3. Channel Strategy

        19.1.2. Nestle SA

            19.1.2.1. Overview

            19.1.2.2. Product Portfolio

            19.1.2.3. Profitability by Market Segments

            19.1.2.4. Sales Footprint

            19.1.2.5. Strategy Overview

                19.1.2.5.1. Marketing Strategy

                19.1.2.5.2. Product Strategy

                19.1.2.5.3. Channel Strategy

        19.1.3. Adisseo France SAS

            19.1.3.1. Overview

            19.1.3.2. Product Portfolio

            19.1.3.3. Profitability by Market Segments

            19.1.3.4. Sales Footprint

            19.1.3.5. Strategy Overview

                19.1.3.5.1. Marketing Strategy

                19.1.3.5.2. Product Strategy

                19.1.3.5.3. Channel Strategy

        19.1.4. Novus International, Inc.

            19.1.4.1. Overview

            19.1.4.2. Product Portfolio

            19.1.4.3. Profitability by Market Segments

            19.1.4.4. Sales Footprint

            19.1.4.5. Strategy Overview

                19.1.4.5.1. Marketing Strategy

                19.1.4.5.2. Product Strategy

                19.1.4.5.3. Channel Strategy

        19.1.5. Calpis Co., Ltd.

            19.1.5.1. Overview

            19.1.5.2. Product Portfolio

            19.1.5.3. Profitability by Market Segments

            19.1.5.4. Sales Footprint

            19.1.5.5. Strategy Overview

                19.1.5.5.1. Marketing Strategy

                19.1.5.5.2. Product Strategy

                19.1.5.5.3. Channel Strategy

        19.1.6. Lallemand Inc.

            19.1.6.1. Overview

            19.1.6.2. Product Portfolio

            19.1.6.3. Profitability by Market Segments

            19.1.6.4. Sales Footprint

            19.1.6.5. Strategy Overview

                19.1.6.5.1. Marketing Strategy

                19.1.6.5.2. Product Strategy

                19.1.6.5.3. Channel Strategy

        19.1.7. DuPont Company

            19.1.7.1. Overview

            19.1.7.2. Product Portfolio

            19.1.7.3. Profitability by Market Segments

            19.1.7.4. Sales Footprint

            19.1.7.5. Strategy Overview

                19.1.7.5.1. Marketing Strategy

                19.1.7.5.2. Product Strategy

                19.1.7.5.3. Channel Strategy

        19.1.8. Evonik Industries AG

            19.1.8.1. Overview

            19.1.8.2. Product Portfolio

            19.1.8.3. Profitability by Market Segments

            19.1.8.4. Sales Footprint

            19.1.8.5. Strategy Overview

                19.1.8.5.1. Marketing Strategy

                19.1.8.5.2. Product Strategy

                19.1.8.5.3. Channel Strategy

        19.1.9. Koninklijke DSM N.V.

            19.1.9.1. Overview

            19.1.9.2. Product Portfolio

            19.1.9.3. Profitability by Market Segments

            19.1.9.4. Sales Footprint

            19.1.9.5. Strategy Overview

                19.1.9.5.1. Marketing Strategy

                19.1.9.5.2. Product Strategy

                19.1.9.5.3. Channel Strategy

        19.1.10. Kerry Group plc

            19.1.10.1. Overview

            19.1.10.2. Product Portfolio

            19.1.10.3. Profitability by Market Segments

            19.1.10.4. Sales Footprint

            19.1.10.5. Strategy Overview

                19.1.10.5.1. Marketing Strategy

                19.1.10.5.2. Product Strategy

                19.1.10.5.3. Channel Strategy

        19.1.11. Alltech, Inc.

            19.1.11.1. Overview

            19.1.11.2. Product Portfolio

            19.1.11.3. Profitability by Market Segments

            19.1.11.4. Sales Footprint

            19.1.11.5. Strategy Overview

                19.1.11.5.1. Marketing Strategy

                19.1.11.5.2. Product Strategy

                19.1.11.5.3. Channel Strategy

20. Assumptions & Acronyms Used

21. Research Methodology

Animal Feed Probiotic Market

Animal Feed Probiotic Market Forecast by Liquid and Powder for 2024 to 2034