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South America Feed Probiotics Market - Growth, Trends and Forecasts (2017 - 2022)

The South American Feed Probiotics market was valued at USD 136 million in 2015 and is expected to grow into a USD 193.8 million by 2020 growing at a CAGR of 7.2% during the forecast period. Probiotics can be defined as “live microorganisms which, when administered in adequate amounts, confer health benefits on the host”. They are one form of alternative feed supplement, or “functional food” which may be used for prophylaxis in animals. They enhance the animals by improving the gut performance, increasing the intake of nutrients, boosting the immunity and by balancing the pH. The report is segmented on the basis of type, application, and geography. Numerous Probiotic formulations exist for use in animals; however the majority are based on lactic acid producing bacteria, mainly bifidobacteria and lactobacilli, although Bacillus and Streptococcus form the active ingredients of some products. Probiotics are widely used in farm livestock, companion animals and in aquaculture, as they are principally associated with reducing clinical disease and increasing growth rates. In this regard poultry occupies the larger market share followed by swine and ruminants. On the basis of geography, Brazil dominates the region followed by Argentina and other regions. The key players in the marker are Lallemand, DuPont, Life Products INC and Provita. Key Deliverables in the Study Market analysis for the North America Feed Probiotics Market, with region specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the South America Feed Probiotics market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped  

Published By: Mordor Intelligence
Published Date: Q2 2016

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