Probiotic Ingredients for Animal Use Market
Probiotic Ingredients for Animal Use Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Probiotic Ingredients for Animal Use Market Size and Growth
The global probiotic ingredients for animal use market is expected to reach a value of $4.2 billion by 2027, with a compound annual growth rate of 7.3%.
Increasing demand for natural and sustainable solutions for animal health is driving market growth, particularly in the livestock and pet food industries. Key players include Chr. Hansen, DuPont, and Lallemand.
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Companies Covered (Covid 19 Impact Covered)
◍ Chr. Hansen A/S
◍ Yakult Honsha Co. Ltd.
◍ BioGaia
◍ Groupe Danone
◍ Nestle S.A.
◍ Probi AB
◍ DuPont
The competitive landscape of Probiotic Ingredients for Animal Use Market includes companies like Chr. Hansen A/S, Yakult Honsha Co. Ltd., BioGaia, Groupe Danone, Nestle S.A., Probi AB, DuPont. These companies develop and market probiotic ingredients for animal use, contributing to the growth of the market. Sales revenue: Chr. Hansen A/S - $1.2 billion, Yakult Honsha Co. Ltd.$3.4 billion.
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Market Segmentation
By Application
◍ Animal Feed
◍ Others
By Product
◍ Bacteria
◍ Yeast
◍ Spore Formers
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$ X Billion USD
Market Growth
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