Feed Prebiotics Market Share

Geographically, the feed prebiotics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

Europe industry is set to dominate majority revenue share by 2036, due to product diversification and its growing importance in various industries. North America is expected to witness significant growth owing to increasing disease occurrence including BSE, PEDv, and swine flu in the U.S., not to forget the recent outbreak of COVID 19, believed to be originated via bats. This has resulted in the growing importance of ingredients used for animal feed to ensure good quality feed among manufacturers.

The Asia Pacific feed prebiotics market is anticipated to register substantial growth in the global market over the forecast period. The region is backed by key revenue-generating countries; China, Japan, and India. These countries are supported by a huge population base, together with the rise in the number of consumers who are deciding for food products with health benefits, owing to the adaption of an urban lifestyle. This has increased the demand for poultry products in the region, which has, in turn, been driving the growth of probiotics in the region. Further, the rising trade situation, growing awareness amongst manufacturers and industries, and high dairy and poultry product consumption are the key contributors towards the growth in this region.

Furthermore, various international bodies such as the U.S. Food and Drug Administration (FDA), U.S. Center of Veterinary Medicine (CVM), World Health Organization (WHO), European Commission (EC), European Food Safety Authority (EFSA), Australian Pesticides and Veterinary Medicines Authority (APVMA), Natural Health Product Directorate (NHPD), and the National Health Surveillance Agency (ANVISA) control the usage of several additives in feed products and issue severe guidelines for prebiotic and probiotic manufacturers. These organizations regulate the usage of diverse chemicals and ingredients used in feed processing.