Global Probiotics in Animal Feed Market to Reach US$ 6.24 Bn by 2026

The benefits of probiotics in animal nutrition has created a high demand for these products across the world. The growing emphasis on animal health and welfare has led to an increase in new products. The shift of preference from synthetic feed products to probiotics is contributing to the increasing demand. The growing focus on research and development of nutritional content in probiotics has led to increasing product efficacy.

The use of probiotics in poultry farming and breeding will lead to enhanced quality of dairy products. The report states that rising uptake of probiotics over various domains will aid the growth of the global probiotics in animal feed market in the forthcoming years.

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List of Companies Profiled in this Report:

• Hansen A/S
• Danisco A/S
• Koninklijke DSM N.V.
• Lallemand Inc.
• Calpis Co.
• Provita Eurotech Ltd
• Orffa International Holding B.V.
• BIOMIN Holding GmbH
• Novus International Inc.
• Evonik Industries

"Increasing Applications in Poultry Farming to Enable Growth"

The rising uptake of probiotics in poultry farming has resulted primarily from the increasing demand for enhanced nutritional health of inbred animals. Rising adoption of a healthy lifestyle has created the demand for highly nutritional meat and other poultry products. Fortune Business Insights has predicted that probiotics will find increasing applications in poultry farming in the coming years. In 2019, Biomin launched the Poultrystar Hatchery Geldrop aimed at nutritional enrichment of day old chicks.

The water solubility of the product helped overcome the food delivery barrier and this property added to the demand for this product across the world. Fortune Business Insights includes product launches, similar to Biomin’s latest Geldrop and gauges the impact of such products on the global market.

Browse Complete Details in this Report:
https://www.fortunebusinessinsights.com/industry-reports/probiotics-in-animal-feed-market-101018

"‘Consolidated’ Market Dominated by  Large Companies"

The global probiotics in animal feed market is consolidated in nature, as few companies account for a large market share. In recent years, existing companies have been putting in more efforts in research and development of existing products, and in doing so they aim to strengthen their market presence. Among the several strategies adopted by leading companies, Fortune Business Insights has identified one key strategy that has made a positive impact on the global market. Due to market consolidation, companies are looking to shift their focus on emerging markets and this has helped them gain a competitive edge over their counterparts.

The report focuses on company activities and business strategies similar to the aforementioned factors and gauges their impact on the global market. Fortune Business Insights has profiled some of
the leading companies in the market that have made a significant impact on the global market.

Read More in this Press Release:
https://www.fortunebusinessinsights.com/press-release/probiotics-in-animal-feed-market-9200