Feed prebiotics market is projected to grow at a considerable CAGR of around 8% during the forecast period (2020-2026). Feed prebiotics is the essential fiber that assists in the growth of the useful bacteria in the gut of the host which is the animal. The feed prebiotics is additives that are generally given to the animals which are to be consumed or are used by the farmers. The feed prebiotics also reduces the contamination risk caused by the meat products which results in human disease by eliminating harmful parasites from the meat of the animal. The feed prebiotics market is driven by the increasing need of healthy animals and to alleviate their performance, awareness of people regarding their health and the digestive system and the bans and regulations which are imposed on the anti-biotic for the animals.
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Food safety has become one of the major concerns for the people who depend on animal products such as meat and milk. The animal’s meat such as the pork, fish and chicken are prone to contamination and are a source of disease-causing parasitic bacteria such as E.Coli, Listeria among others. These parasitic bacteria cause infectious diseases in humans such as African Swine Fever, Influenza and more. To avoid such diseases, feed prebiotics is given to the animals which assist in eliminating such harmful parasite from the meat of the animals. Thus, this results in the growth of the feed prebiotics market. However, the strict guidelines set by the government area key reason which hampers the growth of the animal feed prebiotic market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Feed Prebiotics Market Segmentation by region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of the Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global feed prebiotics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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