Title: Poultry Probiotics Market size worth over $1.2bn by 2023
1Poultry 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
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2Regional 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.
3Application 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.
4Competitive 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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