Pharmaceutical Industry Today
Pet Probiotics Market Size, Share Analysis, Growth Trends and Report 2023-2030
Pet Probiotics Market is estimated to grow at a CAGR of 7% during the forecast period (2023-2030).
Pet probiotics are specific strains of microorganisms administered to pets in appropriate quantities to impart beneficial effects. These microorganisms contribute to improving health and lowering the risk of illness in pets. The market offers various bacterial strains, including but not limited to Lactobacillus thermophilus, Bacillus subtilis, and others, as commercially available options.
In recent years, the use of probiotics as feed supplements in animal production has seen a substantial increase, particularly following the prohibition of antibiotic growth promoters in the livestock sector. This surge in popularity underscores the growing recognition of the positive impact of probiotics on animal health and well-being.
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The consumption patterns and dietary habits of the population have undergone notable changes, leading to an increased preference for meat and dairy products. This shift has spurred demand for various animal products, including milk, dairy products, meat, eggs, and other non-food items, consequently driving the utilization of feed additives and fostering growth in the probiotics in the animal feed market. The global rise in population has contributed to an escalated demand for food worldwide.
With a growing emphasis on health-conscious choices, consumers are increasingly focused on providing nutrition-rich diets to livestock. Livestock products like milk, meat, and eggs are recognized as rich sources of essential micronutrients such as iron, zinc, and vitamins. The surge in demand for probiotics in pet feed is influenced by the associated health benefits, including the maintenance of microbial flora in the intestinal tract of pets and the enhancement of resistance, leading to improved immune systems.
Probiotics also play a role in the treatment of various diseases, including inflammatory bowel disease, infectious diarrhea, irritable bowel syndrome, and antibiotic-related diarrhea. This not only aids animals in deriving maximum nutrition from their feed but also contributes to the overall enhancement of the quality of animal products.
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- Capsules and Tablets
Market Key Players
Major players are Chr. Hansen (Denmark), Kinglike DSM N.V., DowDuPont, Evonik Industries, Land O'Lakes. Other players include Lallemand, Bluestar Adisseo Co., Lesaffre, Alltech, Novozymes, Calpis Co. Ltd., Schouw & Co., Unique Biotech, Pure Cultures, Kerry, and Mitsui & Co., Ltd.
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