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Probiotics in Animal Feed Market Insights, Size, Share and Growth by 2026
The global probiotics in animal feed market is projected to reach USD 6.24 billion by the conclusion of 2026, showcasing a Compound Annual Growth Rate (CAGR) of 7.30% throughout the forecast period. A key catalyst for this growth is the increasing awareness among owners of livestock, including cattle and pets, about the advantageous impact of probiotics on the overall performance of animals. This insight comes from a report titled "Probiotics in Animal Feed Market Size, Share, and Industry Analysis By Microbial Genus (Lactobacillus, Bifidobacterium, Yeast, and other microbes), By Application (Ruminant, Poultry, Swine, Aquaculture, Others), and Regional Forecast 2019-2026" by Fortune Business Insights™. The market size was valued at USD 3.56 billion in 2018.

The report identifies Lactobacillus and Bifidobacterium as the primary microbial genera, contributing significantly to the market share. These microbial strains are widely utilized in various probiotics in animal feed, and their prominence is attributed to their efficacy. Bacterial strains, especially Lactobacillus and Bifidobacterium, are acknowledged as sustainable alternatives to antibiotic growth promoters. Meanwhile, yeast and other fungi, such as Saccharomyces cerevisiae, have gained popularity for promoting protein synthesis in animals and exhibiting immunostimulatory activity in farm animals. This diversification in microbial sources is anticipated to drive substantial market growth. Moreover, the surge in demand for animal-derived products and the increasing emphasis on clean-label requirements by cattle owners are expected to further fuel the expansion of the probiotics in animal feed market in the foreseeable future.

Browse In-depth Summary of This Research Insight:
https://www.fortunebusinessins....ights.com/industry-r