The global probiotics in animal feed market was valued at USD 5,181.7 million in 2023 and is projected to reach USD 9.18 billion by 2030, expanding at a CAGR of 8.6% from 2024 to 2030. Probiotics used in animal nutrition are commercially available in both liquid and solid forms and are primarily classified into bacteria, yeast, and fungi. These products play a vital role in improving gut health, feed efficiency, and overall animal performance.Growth in the market is supported by the increasing global demand for protein-rich diets, which has led to higher livestock and poultry production. To meet this demand, key industry participants are scaling up the production of probiotics for animal feed. In parallel, concerns related to animal health and disease outbreaks in cattle and poultry are encouraging farmers and producers to adopt probiotic-based feed additives as preventive and sustainable solutions. As a result, manufacturers are investing heavily in research and development to introduce innovative probiotic formulations.
Key Market Trends & Insights
• North America accounted for a revenue share of 27.4% in 2023.
• By form, the dry segment dominated the market with a revenue share of 84.7% in 2023.
• By source, the bacteria segment led the market with a revenue share of 79.9% in 2023.
• By animal type, the poultry segment held the largest revenue share of 30.8% in 2023.
Market Size & Forecast
• 2023 Market Size: USD 5.18 Billion
• 2030 Projected Market Size: USD 9.18 Billion
• CAGR (2024–2030): 8.6%
• Asia Pacific: Largest market in 2023
• Europe: Fastest-growing market in 2023
Key Probiotics in Animal Feed Company Insights
The probiotics in animal feed market is moderately fragmented, with the presence of numerous domestic and international players. However, a small group of leading companies holds a significant share of the global market. Industry participants are focusing on expanding their product portfolios by incorporating innovative probiotic strains and formulations to address evolving customer requirements. These strategies are expected to support market growth throughout the forecast period.
Key companies operating in the probiotics in animal feed market include:
• Alltech Inc.
• Land O'Lakes, Inc.
• Chr. Hansen A/S
• Evonik Industries AG
• Kerry Group plc
• DSM
• Provita Animal Health
• Mitsui & Co. (U.S.A.), Inc.
• Novus International, Inc.
• Lallemand Inc.
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