Poultry Probiotics Market size worth over $1.2bn by 2023

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Poultry Probiotics Market size to be valued at
USD 1.2 billion by 2023 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Poultry Probiotics Market

• Asia Pacific probiotics market size for poultry
  application is likely to register highest gains
  at a CAGR of over 7.5 from 2016 to 2023.
• Europe is likely to witness significant gains
  over the forecast period.
• Europe has banned antibiotics use as growth
  promoting agents in poultry application owing to
  several negative effects. These aforementioned
  factors are expected to drive probiotics demand
  in poultry market.
• This factor has also led the U.S. government
  officials to restrict antibiotics use in animal
  feed.
• North America, especially U.S. probiotics market
  size for poultry is likely to grow at steady
  rates owing to increase in meat consumption,
  particularly chicken.

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Application Analysis of Poultry Probiotics
Market

• Globally, antibiotics are used to prevent poultry
  diseases and pathogens required for improving egg
  and meat production.
• Dietary antibiotics used in poultry applications
  have encountered with some problems such as drug
  residues in bird bodies, drug resistant bacteria
  development, microflora imbalance.
• Increasing application in poultry market is
  likely to counter the aforementioned factors and
  promote demand over the forecast period.
• Probiotic species belonging to Bacillus,
  Streptococcus, Lactobacillus, Enterococcus,
  Bifidobacterium, Candida, Saccharomyces and
  Aspergillus are used in poultry applications and
  are expected to have beneficial effects on
  broiler performance.

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Competitive Market Share of Poultry Probiotics
Market

• he global probiotics market share is fragmented
  with top five companies catering to over 35 of
  the total demand.
• Major companies include Danone, Yakult, Nestle
  and Chr Hansen.
• Other prominent manufacturers include Danisco,
  BioGaia, Arla Foods, General Mills, Bilogics AB,
  DuPont, DSM and ConAgra.

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