Restrictions on Use of Antibiotics to Fuel Feed Probiotics Market Growth
Traditionally, antibiotics were being used across the globe to offset microbial infections affecting animal health, alongside enhancing their operational performance. However, with growing health concerns among animals in humans alike coupled with growing antimicrobial resistance, use of antibiotics in animal feed is being restricted, which is anticipated to boost demand for feed probiotics. Various government bodies have banned the use of antibiotics in animal feed. For instance, the UN has raised criticisms over use of antibiotics calling for a reduction in the usage of antimicrobial drugs in animal feed.
Moreover, according to the report by European Medicines Agency (EMA), European Centre for Disease Prevention and Control (ECDC), and European Food Safety Authority (EFSA), bacteria found in animals producing food can cause various food borne infections among humans, which is due to excessive usage of antibiotics in animal feed. This has resulted in decreasing usage of antibiotics and paving potential pathway for natural and safe animal nutrition. Increasing requirement for nutrition rich and safe feed probiotics, particularly in cattle feed has shown beneficial results apropos to animal digestion, performance, and overall immune system, which has accelerated use of probiotics in animal feed thus creating ample opportunities for manufactures of feed probiotics.
Increasing Preference for Animal-Based Products in Diets to Impact Feed Probiotics Market
Dietary preferences of consumers have been witnessing continuous changes depending on their regular routines and consumption patterns that have also reflected an increasing inclination towards consumption of dairy and meat products. Increasing demand for dairy and other animal-based products has translated into a rise in demand for safe and effective feed additives, which is expected to give an impetus to the feed probiotics market.
Moreover, with growing population, the demand for food has also increased worldwide putting pressure on different food sources and the livestock industry. To meet the demand for high-value dairy and meat products, livestock industry has promoted use of feed probiotics in animal food. In addition, with growing awareness with respect to food nutrition and health, consumers are becoming health conscious thus placing a higher emphasis on diets that are nutrient-dense and could be delivered via effective food nutrition provided to animals. Livestock products including milk, eggs and meat are high in nutrients such as vitamins, zinc, and iron.
The role of feed probiotics in maintaining these micronutrients along with microbial flora in the digestive tracts of animals to improve immunity and resistance to diseases is further expected to influence the feed probiotics market growth. Diseases such as antibiotic related diarrhoea, inflammatory bowel disease, irritable bowel syndrome and viral diarrhoea can be eliminated or reduced to a significant extent using feed probiotics. The use of feed probiotics can facilitate optimum nutrition to animals through their food, consequently favouring animal health and animal product quality. In this backdrop, growing consumption of animal-based products is expected to bolster growth of the feed probiotics market.
Demand from Livestock to Largely Contribute to Global Feed Probiotics Market Growth
Among the animal type, use of feed probiotics for livestock, especially poultry, is expected to hold a significant share in the feed probiotics market worldwide. Given its moderate fat content as compared to other animal meat such as veal and beef, the consumption of poultry meat is likely to increase in the coming years. That said, livestock owners are more focused regarding animal health and are opting for non-antibiotic or natural and safe food, which is expected to largely contribute to the valuation of the feed probiotics market.
Asia Pacific Likely to Reign Supreme in Global Feed Probiotics Market
Increasing consumption of animal products across various countries in Asia Pacific contribute to the overall growth of the feed probiotics market in the region. Macro aspects such as increasing population in Asian countries, especially India and China have raised concerns regarding food shortage, which in turn has exerted pressure on vegetable food sources. This aspect continues to influence the use of feed probiotics in animal feed that can enhance the performance as well as making animal products safe for human consumption. Influence of the urban sprawl along with growing restaurant chains has further complemented the growth of the feed probiotics market in Asia Pacific.
Global Feed Probiotics Market: Competitive Landscape
Key players in the feed probiotics market are focusing on capacity expansion of their manufacturing units, new product launches and participation in international conferences to promote knowledge regarding feed probiotics. For instance, in 2021, Alltech at “Alltech One Ideas Conference” addressed livestock feed as one of the crucial topics. In the conference, it says about importance of livestock feed and its associated linkage to carbon footprint, which calls for sustainable feed source while producing ample food in the future. Same year, Alltech launched Lifeforce, its new line of premium equine supplements. In May 2021, Evonik developed system solution for gut health of swine and poultry that covers customized combination of feed probiotics, amino acids and other services and feeding concepts. In 2020, North Carolina State University and DSM Animal Nutrition collaborated to focus on precision nutrition, animal gut health and effective decision making using data for animal health.
Few of the players operating in the global feed probiotics market are Alltech, Evonik Industries AG, Adisseo, Royal DSM, and Chr. Hansen Holding A/S.
Global Feed Probiotics Market is Segmented as Below:
By Distribution Channel
Key Elements Included In The Study: Global Feed Probiotics Market
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