Global Probiotics in Animal Feed Market Worth $4.40 Billion by 2019

Jul 14, 2015, 10:15 ET from MicroMarket Monitor

FORT WORTH, Texas, July 14, 2015 /PRNewswire/ --

According to the new Market Research Report "Global Probiotics in Animal Feed Market by Bacteria (Lactobacilli, Streptococcus Thermophiles, Bifidobacteria, Others), by Livestock (Cattle Feed, Poultry Feed, Swine Feed, Pet Food), by Geography - Analysis & Forecast to 2019", The global probiotics in animal feed market is estimated to grow from $3.04 billion in 2014 to $4.40 billion by 2019, at a CAGR of 7.7% from 2014 to 2019.

Browse through the TOC of Global Probiotics in Animal Feed Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The worldwide economic downturn has had limited effects on the global meat and milk markets, which have maintained a positive outlook. The highest growth for meat consumption is expected from the Asia-Pacific and Latin American regions in the coming years, mainly owing to the changing dietary patterns, urbanization, population, and economic growth. For example, the demand for meat in China continues to surpass the domestic supply. Countries such as India and Brazil are among the world's fastest-growing economies, with the rise in per capita income expected to shift dietary preferences towards protein-rich diets. However, meat consumption patterns will remain significantly different in various parts of the world, owing to cultural, religious, and other consumer preferences in different countries.

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Key Players of the Global Probiotics in Animal Feed Market include:  

E. I. du Pont de Nemours and Company (U.S.), Royal DSM N.V. (The Netherlands), Yakult Honsha Co. Ltd. (Japan), Nebraska Cultures Inc. (U.S.), and Chr. Hansen Holdings A/S (Denmark)

The global probiotics in animal feed market has been segmented and projected on the basis of bacteria, livestock, and geography.  On the basis of livestock, the market has been segmented into cattle feed, poultry feed, swine feed, and pet food. The major bacteria considered in the market analysis are Lactobacilli, Bifidobacteria, and Streptococcus Thermophiles, among others. North America, Europe, Asia-Pacific, Latin America, and Rest of the World are the key regions considered for the geographic analysis of the global probiotics in animal feed market.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Animal Husbandry industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Animal Husbandry industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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SOURCE MicroMarket Monitor