Feed Probiotics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Bacteria (Lactobacilli, Bifidobacteria and Others), Yeast (Saccharomyces)), By Animal (Companion Animal, Livestock, Poultry and Aquaculture), By Form (Dry, Liquid), By Application (Gut Health, Immunity, Productivity, and Others) and Region Forecast 2019-2030

Feed Probiotics Market size was estimated at US$ 4,289.3 million in 2023 and is expected to grow at a CAGR of 8.8% over the forecast years 2024 - 2030. Feed probiotics are beneficial microorganisms added to animal feed to improve the health and productivity of livestock. These probiotics include various strains of bacteria and yeasts that help maintain a healthy balance of gut microbiota and immune system in animals. Also, probiotics are considered a safe and efficient alternative to antibiotics.

According to the Natural Resources Defence Council, in the USA, antibiotic resistance causes more than 2.8 million infections and leads to between 35,000 and 162,000 deaths of animals each year. Thus, alternative control and management measures are required to effectively manage antibiotic resistance. Probiotic demand is driven by the growing need for environmentally friendly treatments to reduce antibiotic-resistant animal diseases. An important contributing element to the rise in feed probiotic use is animal performance; other aspects include gut health and the restriction of antibiotic use. Given the stringent regulations imposed on synthetic feed additives which are known to have detrimental impacts on animal and human health probiotics have become the go-to of the animal feed business. Growing awareness among cattle and pet owners of probiotics' benefits for livestock's general health and the increased consumption of animal-based products such as meat, eggs and dairy are the primary factor propelling the worldwide feed probiotics market.

For instance, India's poultry industry has grown rapidly and is now worth Rs 40,000 crore. There are more than 5,000 poultry farms in India. Aquaculture also contributes to a significant share for the market and the growth of the production in fisheries, For instance, The People’s Republic of China is the largest producer of aquatic products in the world, accounting for around 35 percent of the global fish and seafood production volume in 2022, valuing around 1500 Billion Yuan. Yet another instance would be, India increased its budget allocation to the Department of Fisheries from US$ 114.1 million in 2020 to US$ 168.8 million in 2021 to increase production, which is expected to boost the demand for feed during the forecast period. The high cost of the production of feed probiotics raw materials can restrict the market growth. Today, most probiotics used in animal nutrition are generated commercially and sold in liquid and solid forms. The various sources of probiotics in animal feed include bacteria, yeast, and fungi. They are used in the feed of cattle, poultry, swine, aquaculture, etc.

Key Developments

• In May 2023, Firmenich International SA ("Firmenich") announced the completion of its merger with DSM to establish DSM-Firmenich AG, the leading innovation partner in nutrition, health, and beauty.
• In October 2023, Lallemand Animal Nutrition launched the LALPROBIOME, our new platform of innovative microbial solutions tailored for pets. The new brand offers a broad range of yeast and bacteria-based solutions including prebiotics, probiotics, postbiotics, and antioxidants.