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Feed Prebiotics Market Projected to Deliver Greater Revenues during the Forecast Period until 2025

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Japan, Japan, Fri, 05 Feb 2021 01:46:57 / Comserve Inc. / — The report analyzes the international markets including development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status.

The global feed prebiotics market is projected to register a CAGR of 8.37% over the forecast period (2020-2025).

Food safety has become an important issue for many governments across the world, especially in North America and Europe. The consumers around the world are now more aware and informed. They are giving importance to the extrinsic qualities and attributes of the meat that they consume, and the conditions under which the meat is produced. Certain pathogenic and parasitic contamination in meat products, such as Salmonella, Listeria, and E. coli, along with outbreaks of various diseases among the livestock animals, such as Avian Influenza and African Swine Fever, have raised concerns about the quality and safety of meat. This has led to the use of feed additives, such as enzymes, prebiotics, and vitamins, which provide balanced nutrition to the animals and protect them against such harmful environmental factors. Thus, increased awareness and high demand for safe meat and milk products are prompting the livestock industry and meat manufacturers to use additives, like prebiotics.

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Key Market Trends

Increased Usage of Inulin as a Prebiotic

The inulin segment of the market accounted for a share of 37.5%, in 2019. Inulin has been proven to be beneficial to aquaculture and it is extensively used as an additive in the feed for carp, shrimp, and tilapia. Through the process of fermentation, inulin becomes healthy intestinal microflora (bifidobacterium). The raw material for inulin, chicory root, is also used as raw materials for other lucrative businesses, like the coffee industry. Of the total inulin production, nearly 20% is utilized by the animal feed industry. Human consumption is a competing market, due to the availability of inulin for the feed industry. Although the R&D expenditure on inulin has remained high, the extensive usage of inulin in animal feed, due to its multiple positive effects on animal nutrition, has led to sustained growth of the inulin segment of the global feed prebiotics market.

Asia-Pacific Leading the Global Market

Feed production in the Asia-Pacific region suffered a minor setback in 2019, due to the spread of the African Swine Fever, especially in China and the Southeast Asian countries. However, this region remains to be the largest geographical segment of the global feed prebiotics market.

In 2018, the Chinese government launched a pilot program that aimed for the elimination of the use of antibiotics in livestock feed, by 2020. The implementation of this new policy is likely to impact the feed industry in the country. Up-gradations in the feed formulations, such as raw material composition, for meeting the needs of the animals at different stages of growth, and feed production management, such as the need to upgrade the feed processing technology and to change the formulation, are the crucial factors that are expected to affect the feed manufacturers in the country.

Competitive Landscape

The global feed prebiotics market is fragmented, with the top global and regional players competing fiercely with the local players. The focus on quality, through extensive investment in product R&D, is the most adopted strategy of the leading players across the world. The major investments are directed toward product-line expansions and the innovation of new products, for expanding the customer base. The major players in the market are Alltech, Inc., Cargill, Inc., Beneo GmbH, FrieslandCampina Domo, and Beghin Meiji (Tereos S.A.), among others.

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1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Type
5.1.1 Inulin
5.1.2 Fructo-Oligosaccharides
5.1.3 Galacto-Oligosaccharides
5.1.4 Other Types
5.2 Animal Type
5.2.1 Ruminants
5.2.2 Poultry
5.2.3 Swine
5.2.4 Aquaculture
5.2.5 Other Animal Types
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Russia
5.3.2.6 Italy
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Thailand
5.3.3.6 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Acadian Seaplants Ltd
6.3.2 Alltech Inc.
6.3.3 Beghin Meiji (Tereos S.A.)
6.3.4 Beneo GmbH
6.3.5 Cargill Inc.
6.3.6 Cosucra Groupe Warcoing SA
6.3.7 FrieslandCampina Domo
6.3.8 Abbott Laboratories
6.3.9 Behn Meyer
6.3.10 Jarrow Formulas, Inc.
6.3.11 Roquette Freres S.A.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Tel: + 81 3 45720790

The post Feed Prebiotics Market Projected to Deliver Greater Revenues during the Forecast Period until 2025 appeared first on Comserveonline.

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The MarketWatch News Department was not involved in the creation of this content.