The study involved two major approaches in estimating the current size of the probiotics in animal feed market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the market.
In the secondary research process, various sources such as the International Probiotics Association (IPA), American Feed Industry Association (AFIA), annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases were referred to identify and collect information.
Secondary research was used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from the market- and technology-oriented perspectives.
Primary Research
The market comprises several stakeholders in the supply chain: suppliers, manufacturers, and end-use product manufacturers. Various primary sources from the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the manufacturing of probiotics in animal feed market. The primary interviewees from the demand side include feed mills, livestock growers, feed integrators, and co-operatives of the feed industry.
After the complete market engineering (which included calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types, industry trends, key players, competitive landscape of probiotics in animal feed supplied by different market players, and key market dynamics, such as drivers, restraints, opportunities, industry trends, and key player strategies.
Note: The three tiers of the companies are defined based on their total revenues in 2023 or 2024,
as per the availability of financial data: Tier 1: Revenue > USD 1 billion; Tier 2: USD
100 million ≤ Revenue ≤ USD 1 billion; Tier 3: Revenue < USD 100 million.
To know about the assumptions considered for the study, download the pdf brochure
COMPANY NAME
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DESIGNATION
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Evonik Industries AG (Germany)
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R&D Expert
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ADM (US)
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Sales Manager
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DSM-Firmenich (Switzerland)
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Manager
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International Flavors & Fragrances Inc. (US)
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Sales Manager
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Sanzyme Biologics (India)
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Marketing Manager
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the market's total size. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:
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The key players in the industry and the markets were identified through extensive secondary research.
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The probiotics in animal feed market was determined through primary and secondary research.
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All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
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All macroeconomic and microeconomic factors affecting the growth of the probiotics in animal feed market were considered while estimating the market size.
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All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
Probiotics in Animal Feed Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall probiotics in animal feed market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.
Market Definition
The Food and Agriculture Organization of the United Nations (FAO) and World Health Organization (WHO) Working Group define probiotics as “live micro-organisms which, when administered in adequate amounts, confer a health benefit on the host. However, there are several types, including bacteria or non-bacterial; spore-forming and non-spore-forming; multi-species or single-species; and allochthonous or autochthonous; those are that are or aren’t likely to be found in an animal’s gastrointestinal tract (FAO/WHO, 2001).”
The probiotics in animal feed market is defined as the segment of the animal nutrition industry focused on the production, distribution, and use of live beneficial microorganisms—primarily bacteria and sometimes yeasts or fungi—added to animal feed to enhance gut health, immunity, productivity, and overall well-being of livestock such as poultry, swine, ruminants, aquaculture species, and pets. According to the Food and Agriculture Organization (FAO) and World Health Organization (WHO), probiotics are “live micro-organisms which when administered in adequate amounts confer a health benefit on the host,” and in the context of animal feed, these microorganisms are used as natural alternatives to antibiotics, supporting sustainable and efficient animal farming practices. The market encompasses a wide range of stakeholders, including manufacturers, feed processors, livestock producers, veterinarians, and regulatory authorities, all working towards improving animal health and productivity through the adoption of probiotic feed additives.
Stakeholders
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Raw material suppliers of probiotics used in animal feed
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Intermediate stakeholders, including distributors, retailers, associations, and regulatory bodies
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Manufacturers and traders of probiotics used in animal feed
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Manufacturers and processors of animal feed and farmers
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Trade associations and industry bodies
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Government organizations, research organizations, and consulting firms
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Importers and exporters of probiotics incorporated animal feed
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Associations, regulatory bodies, and other industry-related bodies:
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Food and Agriculture Organization (FAO)
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European Food and Fermentation Cultures Association (EFFCA)
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International Scientific Association for Probiotics and Prebiotics (ISAPP)
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International Probiotics Association (IPA)
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American Feed Industry Association (AFIA)
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United States Department of Agriculture (USDA)
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Organisation for Economic Co-operation and Development (OECD)
Report Objectives
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Determining and projecting the size of the market for probiotics in animal feed, with respect to its source, livestock, form, strain specificity, function, distribution channel and regional markets
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Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
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Understanding the market trends with respect to the function of probiotics in animal feed and distribution channels
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Providing detailed information about the key factors influencing the market growth
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(drivers, restraints, opportunities, and industry-specific challenges)
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Providing the regulatory framework for major countries related to the market for probiotics in animal feed
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Analyzing the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
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Service Matrix, which gives a detailed comparison of the service portfolio of each company.
Geographic Analysis as per Feasibility
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
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Further breakdown of the Rest of European probiotics in animal feed market into key countries.
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Further breakdown of the Rest of Asia Pacific probiotics in animal feed market into key countries.
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Further breakdown of the Rest of South American probiotics in animal feed market into key countries.
Company Information
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Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Probiotics in Animal Feed Market