Feed & Additive Magazine Issue 45 October 2024

MARKET REPORT 94 FEED & ADDITIVE MAGAZINE October 2024 reduce the use of antibiotics is driving the adoption of probiotics in this segment. Ruminants, including cattle, sheep and goats, benefit significantly from the addition of probiotics into their diets. Probiotics can help improve rumen function, increase nutrient digestion and absorption and reduce methane emissions in ruminants. This can lead to better feed efficiency, increased milk production and improved meat quality. The growing demand for dairy products and beef is a major driving force for the use of probiotics in the ruminant sector. Probiotics are widely used in pig diets to improve gut health, increase nutrient absorption and reduce the incidence of diarrhea. Probiotics can also help improve growth rates and feed efficiency in pigs. The shift to antibiotic-free pork production is another factor encouraging the use of probiotics in this segment. The use of probiotics in aquafeeds is becoming increasingly widespread, especially in aquaculture systems where disease pressure is increasing due to high stocking density. Probiotics help improve water quality, increase feed efficiency and strengthen the immune system of aquatic species. They are used in the farming of fish, shrimp and other aquatic organisms to reduce the incidence of disease and increase overall productivity. The growing demand for seafood and the need for sustainable aquaculture practices are driving the adoption of probiotics in this segment. To summarize, the use of probiotics varies across different animal species due to factors such as physiological differences, nutritional requirements and disease challenges. While the poultry and swine sectors are relatively mature markets for feed probiotics, the demand for probiotics in ruminant and aquafeeds is also growing rapidly. MARKET GROWTH ON REGIONAL BASIS Global feed probiotics market dynamics and growth rates vary across different regions. The Americas, especially North America, has been the largest contributor to the global feed probiotics market. The U.S. and Canada are the leading countries contributing to the market owing to their advanced livestock production systems and high awareness of the benefits of probiotics. Moreover, the region is also witnessing significant investments in research and development leading to the launch of innovative probiotic products. The Asia-Pacific region is experiencing rapid growth in the feed probiotics market, driven by factors such as increasing population, rising incomes, and growing livestock industries. China, India and Southeast Asian countries are emerging as key markets for feed probiotics. The region's large livestock population and increasing consumer awareness on food safety are driving the demand for natural and sustainable feed additives.

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