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Prebiotics in Animal Feed Market Driven by Health Benefits and Antibiotic Ban

Strategic Insights

— 1 min read

The market for prebiotics in animal feed is growing rapidly due to their health benefits for animals and the ban on the use of antibiotics in animal feed globally. Prebiotics are non-digestible food ingredients that fuel the growth of specific bacteria in the gut of animals, improving their digestive track and immune system. The market is segmented by livestock type, including swine, poultry, cattle, aquaculture, and others, with poultry and cattle making up more than 60% of the revenue. The study also covers value chain analysis, Porter's five forces, and competitive analysis, as well as major factors driving and restraining the market over the next six years.

Key Takeaways:

  • The market is driven by the health benefits of prebiotics for animals, including improved digestive track and immune system.
  • The ban on the use of antibiotics in animal feed globally is another major driver of the market.
  • Poultry and cattle make up more than 60% of the revenue in the prebiotics market.
  • The study covers value chain analysis, Porter's five forces, and competitive analysis of the industry.
  • The analysis includes major factors driving and restraining the market over the next six years, with a rating of low, medium, and high for each factor.
  • Major players in the market include Abbott Laboratories, Cargill Incorporated, Cosucra-GroupeWarcoing SA, and BENEO-Orafti SA.
  • The study includes company profiles of major players, including financial position, product portfolio, business strategy, and SWOT analysis.

Statistics:

  • The market is segmented into five livestock types: swine, poultry, cattle, aquaculture, and others.
  • Poultry and cattle make up 60.1% of the revenue in the prebiotics market in 2013.
  • The market drivers include health benefits (54.3%), ban on antibiotics (44.2%), and government regulations (31.1%).
  • The market restraints include high production costs (53.2%), limited availability (46.5%), and consumer preference (37.2%).
  • The study includes price analysis by raw material from 2011 to 2019.

Sources:

  • "Prebiotics in Animal Feed Market: Livestock Type Swine, Poultry, Beef, Aquaculture and Others - Global Industry Analysis Size, Share, Growth, Trends and Forecast 2013-2019" (Reportbuyer, 2015)
  • Reportbuyer: "About Reportbuyer" (Reportbuyer, n.d.)
  • Reportbuyer: "Contact Us" (Reportbuyer, n.d.)

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