Prebiotics in Animal Feed Market to Exhibit 11.9% CAGR from 2013 to 2019 due to Health Benefits for Animals

2024-11-08 02:51:46 Lifestyle

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Prebiotics refer to non-digestible food ingredients which produce certain bacteria in the gut of animals. The prebiotic consumed via animal feed helps animals improve the health of their digestive tract and strengthen their immune system. They are non-antibiotic growth promoters that are also known as natural growth promoters. Prebiotics in animal feed come with a score of health benefits to animals. In the long run they are far more beneficial than regular antibiotics.

The report on the global prebiotics in animal feed market helps identify the strengths, weaknesses, opportunities, and threats to major players in the market with the help of SWOT analysis. It also gives a comprehensive overview of the segments and sub-segments in the global prebiotics in animal feed market. The report assesses the key market players and provides an insight into their financial strategies, research and development activities, list of existing products and those in the pipeline, making up a detailed, comprehensive overview of the market.

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Overview of the Prebiotics In Animal Feed Market

The global market for prebiotics in animal feed was worth US$213.9 million in 2012. This figure is expected to grow steadily in the coming few years due to a ban on antibiotics as growth promoters in animal feed. However, the global prebiotics in animal feed market faces challenges such as tough competition from probiotics and stringent government regulations.

The two important segments in the global prebiotics in animal feed market are cattle and poultry. The two held about 60.8% of the entire market in terms of volume in 2012. Out of the two, poultry held the larger share and is expected to dominate the global prebiotics in animal feed market in the coming six years. Furthermore, the aquaculture segment held about 7.8% of the global market in terms of volume in 2012. In the coming six years, it is expected to lose its share due to deterioration and proximity to aqua feed oxidation.

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In 2012, Europe held nearly 40% of global prebiotics in animal feed market and is expected to lead the market in the coming six years. This market will grow as European consumers look at alternatives for antibiotics in animal feed. Asia Pacific will follow this growth pattern due to high consumption of prebiotics in animal feed. North America and Asia Pacific accounted for 44% of the global prebiotics in animal feed market between the two in 2012.

Companies Mentioned in the Research Report

The report also profiles some of the key players in the global prebiotics in animal feed market, including Cargill Incorporated, Abbott Laboratories, Cosucra-GroupeWarcoing SA, and BENEO-Orafti SA.

Global prebiotics in animal feed market is segmented on the basis of:

Type:
Swine
Poultry
Cattle
Aquaculture
Others
Geographies:
North America
Asia Pacific
Europe
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments

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