Animal Probiotics Market

Animal Probiotics Market Outlook (2022-2032)

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	Mystical Biotech Pvt Ltd. LALLEMAND Inc. ProbioFerm ProVen Probiotics Vit-E-Men Company Vets Plus, Inc, among others.

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.

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.

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)