The global prebiotics in animal feed market was worth US$22 mn in 2018 and the report suggests that the market will reach US$27 mn by 2025, registering a sluggish CAGR of 2.5%. Prebiotics is important for animal health as they are boost their immune system. The global prebiotics in animal feed market is growing in a steady manner due to surging demand of dairy and poultry.
QY Research analysts have published a detailed report of the market, titled “Global Prebiotics in Animal Feed Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application.” The research report details the trajectory of the overall market for the forecast period.
Global Prebiotics in Animal Feed Market: Drivers
The use of prebiotics in the dairy industry to improve the cattle conditions is expanding the global prebiotics in the animal feed market. The technological advancements in developing inulin and oligosaccharides for animals, as the replacement of sugar, is anticipated to drive the market growth in coming days. The prebiotics work as supplements of fiber which have various health benefits for the animals and the demand for it is rising the market as it is expected to promote the growth of the market.
Global Prebiotics in Animal Feed Market: Segment Analysis
The global prebiotics in animal feed market is segmented on the basis of type and application. In terms of type, the market is segmented as inulin, fructooligosaccharide, isomaltooligosaccharide, and others. In terms of application, the market is segmented as poultry feed, ruminant feed, pig feeds, aquaculture feeds, and other. The poultry feed segment will be the most lucrative one in the global prebiotics in animal feed market.
Global Prebiotics in Animal Feed Market: Regional Analysis
On the basis of region, the global prebiotics in animal feed market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. Europe and North America are expected to be dominant regional markets in the global prebiotics in the animal feed market. Asia Pacific is steadily growing as demand for animal feed market increases with increasing number meat eaters.
Global Prebiotics in Animal Feed Market: The Key Players
The key players studied in the global prebiotics in animal feed market are Baolingbao, Beneo, Sensus, Hayashiabara, Meiji, Nikon Shikuhin KaKo, Longlive, QHT, Cosucra, NFBC, and Ingredion. These companies are keen on producing the best quality prebiotics for animal feed to maintain the position as the global leaders of prebiotics in animal feed.
Full Report Overview@ https://www.qyresearch.com/index/detail/1101673/global-prebiotics-in-animal-feed-market