Animal Probiotics Market
Animal Probiotics Market By Product Type (Nutrition Supplements, Food Supplements), By Form Type (Dry, Liquid), By Bacteria Type (Lactobacillus, Thermophiles, Streptococcus, Bifidobacteria), By Animal Type & By Distribution Channel, By Region - Global Insights 2022 to 2032
Analysis of Animal Probiotics Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Animal Probiotics Market Outlook (2022 to 2032)
The current global market shares of the animal probiotics market are USD 3.76 Billion in 2022. Moreover, this market is expected to grow with a CAGR of 7.1% in the forecast duration. The animal probiotic market is anticipated to cross an estimated USD 7.47 Billion by end of 2032.
Probiotics are live microbial feed supplements that have beneficial effects on the host by improving intestinal microbial balance. The usage of probiotics in animals is increasing owing to increasing commercial animal production operations that alter gastrointestinal flora, which helps improve animal health and animal productivity.
Animal probiotics are widely accepted today, and the rapidly advancing technology related to molecular biology and gene sequencing is aiding researchers to dig deep to explore novel probiotic applications for animals, such as in consumer-packaged health products and feed for companion pets. Some of the major outcomes of animal probiotics include improvement in the growth of the animal, reduction in the mortality rate, and improved efficiency in feed conversion.
Over time, livestock and cattle farmers have increased the adoption of animal probiotics for commercial animal feed for poultry and cattle to change the gastrointestinal flora, which continues to trigger the sales of animal probiotics, positively impacting the animal probiotics market.
Furthermore, the growing awareness among hobbyists, cattle farmers, and pet owners, about the advantages of animal probiotics for animals’ health continue to create fresh opportunities for manufacturers of animal probiotics.
Animal probiotics are banned in many countries. However, the sub-therapeutic use of antibiotics is still done in the swine industry with the intent to prevent animals from adverse health impacts and improve their health. The myriad applications of animal probiotics in wide arenas, continue to drive players in the animal probiotics market to explore, grow sales, and move ahead of the competition.
Report Attributes |
Details |
---|---|
Animal Probiotics Market Size (2022 A) |
USD 3.76 Billion |
Base Year for Estimation |
2022 |
Forecast duration for this research |
2022-2032 |
Forecasted Market value (2032 F) |
USD 7.47 Billion |
Global Market Growth rate (2022-2032 E) |
CAGR of 7.1% |
Key Companies Profiled |
|
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What are impelling causes for rising in Animal Probiotics Market?
The demand for animal probiotics has increased owing to their effectiveness and benefits related to consumption. These tend to maintain the microbial flora for enhancement of resistance in the immune system of animals. The rising population statistics are increasing pressure on livestock globally.
Animal probiotics are increasingly popular as an effective alternative to antibiotics. The animal probiotics market is projected to grow in the forecast period owing to an increase in the demand for quality animal products.
In addition, the market is also expected to grow owing to an increase in awareness among consumers about prevention in wellness and nutrition. Increasing research and development for the launch of new and effective animal probiotic products for a companion, as well as livestock animals by the biotechnology industry and other manufacturers, is creating growth opportunities for the animal probiotics market. However, rising costs and the unavailability of raw materials are restraining the growth of the animal probiotics market globally.
What Restraints in the Adoption of Animal Probiotics?
The selection of strain is a detrimental aspect of probiotic food production. Unfortunately, not all of these strains are easily produced owing to lower yields and poor survival. Despite these laws in place, the Animal probiotics process is raising concerns.
Owing to considerations of the Covid-19 pandemic situation, the world health organization has recommended some rules and standards for animal probiotics production. These rules are intended to prevent the transmission of Covid-19 through food ingredients.
The compliance and regulatory concerns associated with animal probiotics are prime concerns of vendors. Further, the cost of raw materials and retention of a strong supply chain network is challenging for probiotic animal manufacturers. The uncertainty in the availability of raw materials is deterring the growth of the animal probiotic market share in the forecast duration.
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Regional Insights
The global animal probiotics market is segmented into North America, Latin America, Europe, and Asia Pacific excluding Japan (APEJ), Japan, and the Middle East & Africa (MEA).
Asia-Pacific is expected to be the dominant market in the global animal probiotics market owing to the presence of a large number of consumers in this region. Increasing disposable income and an increased middle-class population are among the factors driving the Asia Pacific animal probiotics market. India and China are dominators in this region owing to huge populations and rising food demand.
Europe is expected to have the second-largest share in the global animal probiotics market throughout the forecast period due to a ban on the usage of antibiotics that promotes the growth of animals, which has boosted the demand for animal probiotics. Countries like Germany and France are emerging countries in the probiotic field owing to the rise in biotech research and health awareness.
The Middle East and Africa account for significant growth owing to the increased demand for meat and meat-related products. North America accounts for moderate growth owing to increasing concerns of owners regarding their animals as well as increasing awareness about healthcare.
Segment wise analysis
Liquid supplements: Immediate impact
Based on the type of animal probiotics, Nutrition and Food supplements are prevailing segments. Liquid supplements are widely preferred for easier absorption than that pills or dry forms such as powder. The benefits of liquid probiotics start immediately after their consumption. Unlike the dry forms, where the body has to undergo breakdown first and takes longer to give outcomes. At the same time, the liquid forms are capable of getting into blood streams much faster than solid probiotics.
The lactobacillus: Most Effective Probiotic
The Lactobacillus is the most clinically researched probiotic that is considered a premium probiotic. There are over 1000 plus studies published on the usability and impacts of Lactobacillus in the last 30 years, which were focused on the research of Lactobacillus. Among all animal types, farm animals contribute the largest revenue share in the animal probiotics market as they are a major source of disposable income in developing and under-developed regions.
The offline segment dominates over online sales
The offline distribution is leading in terms of probiotics sales. These channels include pharmacies, retail stores, and veterinary care centres. The hospital pharmacies and retail stores are prime distribution channels for animal probiotic offline sales. The health and beauty, protein, and wellness stores are also added segments of distribution that are positively impacting awareness and segment growth. Consumers tend to trust offline channels for the purchase of medicines and diet supplements owing to prevention against counterfeit products.
Moreover, online channels are expected to record the fastest CAGR value in the forecast duration. Online retailers offering attractive discounts and monthly prescriptions tend to strive for customer preferences. The online channels widely opt for their ability to distribute at various locations outlining offline stores. The rising self-driven customers are likely to be drivers of this segment’s growth in the forecast duration.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Recent developments
- Pro-Ven probiotic company has recently come up with a new product range for those who need a kickstart to their health. The Urgent-C immune and energy-intensive daytime kick start is the first product by the firm which combines high potency levels of clinically studies Lab4 friendly bacteria that offer comprehensive support to the immune system.
- ProbioFerm updated the probiotics manufacturing process in such a way that all production, manufacturing, and packaging of probiotic material are done under the same roof. This gives an additional benefit for customers. The company has its own in-house quality-checking mechanism to ensure the safety and outcomes of probiotics. The company is having 30-plus years of experience in innovative formulas dedicated to accomplishing target goals.
Animal Probiotics Market: Segmentation
The global animal probiotics market can be segmented based on drug type, distribution channel, and geography.
-
Based on Product Type :
- Nutrition Supplements
- Food Supplements
-
Based on the Form Type :
- Dry Animal Probiotics
- Liquid Animal Probiotics
-
Based on Bacteria Type :
- Lactobacillus
- Thermophiles
- Streptococcus
- Bifidobacteria
- Others
-
Based on Animal Type :
- Companion Animals
- Cats
- Dogs
- Horse
- Farm Animals
- Ruminants
- Swine
- Poultry
-
Based on Distribution Channel :
- Veterinary Hospitals
- Veterinary Clinics
- Pharmacies & Drug Stores
- Others
-
Based on Regional Analysis:
- North America (U.S., Canada)
- Latin America (Argentina, Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
- Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan and China (India, Australia & New Zealand)
- China
- Japan
- The Middle East and Africa (GCC, South Africa, Rest Of MEA)
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Form Type 6.3. Bacteria Type 6.4. Animal Type 6.5. Distribution Channel 7. Global Market Analysis and Forecast, By Product Type 7.1. Nutrition Supplements 7.2. Food Supplements 8. Global Market Analysis and Forecast, By Form Type 8.1. Dry Animal Probiotics 8.2. Liquid Animal Probiotics 9. Global Market Analysis and Forecast, By Bacteria Type 9.1. Lactobacillus 9.2. Thermophiles 9.3. Streptococcus 9.4. Bifidobacteria 9.5. Others 10. Global Market Analysis and Forecast, By Animal Type 10.1. Companion Animals 10.2. Cats 10.3. Dogs 10.4. Horse 10.5. Farm Animals 10.6. Ruminants 10.7. Swine 10.8. Poultry 11. Global Market Analysis and Forecast, By Distribution Channel 11.1. Veterinary Hospitals 11.2. Veterinary Clinics 11.3. Pharmacies & Drug Stores 11.4. Others 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. East Asia 12.6. South Asia & Pacific 12.7. MEA 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 19. MEA Sales Analysis and Forecast, by Key Segments and Countries 20. Sales Forecast by Product Type, Form Type, Bacteria Type, Animal Type, and Distribution Channel for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. Mystical Biotech Pvt Ltd. 22.2. LALLEMAND Inc. 22.3. ProbioFerm 22.4. ProVen Probiotics 22.5. Vit-E-Men Company 22.6. Vets Plus, Inc 22.7. Others
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List Of Table
Table 1: Global Market US$ Bn Forecast by Region
Table 2: Global Market US$ Bn Forecast by Product Type
Table 3: Global Market US$ Bn Forecast by Form Type
Table 4: Global Market US$ Bn Forecast by Bacteria Type
Table 5: Global Market US$ Bn Forecast by Animal Type
Table 6: Global Market US$ Bn Forecast by Distribution Channel
Table 7: North America Market US$ Bn Forecast by Country
Table 8: North America Market US$ Bn Forecast by Product Type
Table 9: North America Market US$ Bn Forecast by Form Type
Table 10: North America Market US$ Bn Forecast by Bacteria Type
Table 11: North America Market US$ Bn Forecast by Animal Type
Table 12: North America Market US$ Bn Forecast by Distribution Channel
Table 13: Latin America Market US$ Bn Forecast by Country
Table 14: Latin America Market US$ Bn Forecast by Product Type
Table 15: Latin America Market US$ Bn Forecast by Form Type
Table 16: Latin America Market US$ Bn Forecast by Bacteria Type
Table 17: Latin America Market US$ Bn Forecast by Animal Type
Table 18: Latin America Market US$ Bn Forecast by Distribution Channel
Table 19: Western Europe Market US$ Bn Forecast by Country
Table 20: Western Europe Market US$ Bn Forecast by Product Type
Table 21: Western Europe Market US$ Bn Forecast by Form Type
Table 22: Western Europe Market US$ Bn Forecast by Bacteria Type
Table 23: Western Europe Market US$ Bn Forecast by Animal Type
Table 24: Western Europe Market US$ Bn Forecast by Distribution Channel
Table 25: Eastern Europe Market US$ Bn Forecast by Country
Table 26: Eastern Europe Market US$ Bn Forecast by Product Type
Table 27: Eastern Europe Market US$ Bn Forecast by Form Type
Table 28: Eastern Europe Market US$ Bn Forecast by Bacteria Type
Table 29: Eastern Europe Market US$ Bn Forecast by Animal Type
Table 30: Eastern Europe Market US$ Bn Forecast by Distribution Channel
Table 31: East Asia Market US$ Bn Forecast by Country
Table 32: East Asia Market US$ Bn Forecast by Product Type
Table 33: East Asia Market US$ Bn Forecast by Form Type
Table 34: East Asia Market US$ Bn Forecast by Bacteria Type
Table 35: East Asia Market US$ Bn Forecast by Animal Type
Table 36: East Asia Market US$ Bn Forecast by Distribution Channel
Table 37: South Asia & Pacific Market US$ Bn Forecast by Country
Table 38: South Asia & Pacific Market US$ Bn Forecast by Product Type
Table 39: South Asia & Pacific Market US$ Bn Forecast by Form Type
Table 40: South Asia & Pacific Market US$ Bn Forecast by Bacteria Type
Table 41: South Asia & Pacific Market US$ Bn Forecast by Animal Type
Table 42: South Asia & Pacific Market US$ Bn Forecast by Distribution Channel
Table 43: MEA Market US$ Bn Forecast by Country
Table 44: MEA Market US$ Bn Forecast by Product Type
Table 45: MEA Market US$ Bn Forecast by Form Type
Table 46: MEA Market US$ Bn Forecast by Bacteria Type
Table 47: MEA Market US$ Bn Forecast by Animal Type
Table 48: MEA Market US$ Bn Forecast by Distribution Channel
Table 49: Latin America Market US$ Bn Forecast by Country
Table 50: Latin America Market US$ Bn Forecast by Product Type
Table 51: Latin America Market US$ Bn Forecast by Form Type
Table 52: Latin America Market US$ Bn Forecast by Bacteria Type
Table 53: Latin America Market US$ Bn Forecast by Animal Type
Table 54: Latin America Market US$ Bn Forecast by Distribution Channel
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 6: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Region
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 11: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 12: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 16: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 17: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 18: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 21: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 22: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 23: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 24: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 26: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 27: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 28: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 29: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 30: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 31: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 32: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 33: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 34: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 35: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 36: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 37: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 38: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 39: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 40: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 41: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 42: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 43: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 44: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 45: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 46: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 47: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 48: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 49: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 50: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Form Type
Figure 51: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Bacteria Type
Figure 52: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Animal Type
Figure 53: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Distribution Channel
Figure 54: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the growth outlook for the animal probiotics market by 2032?
The current global market shares of the animal probiotics market are USD 3.76 Billion in 2022. The animal probiotic market is anticipated to cross an estimated USD 7.47 Billion by end of 2032.
Who are the key players in the animal probiotic market?
The key players in the animal probiotic market are- • Mystical Biotech Pvt Ltd. • LALLEMAND Inc. • ProbioFerm • ProVen Probiotics • Vit-E-Men Company
What is the growth rate for animal probiotics products in the forecast period?
The animal probiotic market is expected to grow with a CAGR of 7.1% in the forecast duration.
What are the key drivers of demand for animal probiotics?
The rapidly advancing technology related to molecular biology and gene sequencing is aiding researchers to dig deep to explore novel probiotic applications for animals, such as in consumer-packaged health products and feed for companion pets.
What is the projected valuation for the animal probiotic market in the forecast duration?
The animal probiotic market is anticipated to cross an estimated USD 7.47 Billion by end of 2032.