1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
FIGURE 1 PROBIOTICS IN ANIMAL FEED: MARKET SEGMENTATION 27
1.3.1 REGIONAL SEGMENTATION 27
1.4 INCLUSIONS & EXCLUSIONS 28
1.4.1 PERIODIZATION CONSIDERED 28
1.5 CURRENCY CONSIDERED 29
TABLE 1 USD EXCHANGE RATE, 2015-2019 29
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 30

2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 PROBIOTICS IN ANIMAL FEED MARKET: RESEARCH DESIGN 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Key industry insights 33
2.1.2.2 Breakdown of primary interviews 34
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 34
2.2 MARKET SIZE ESTIMATION 34
2.2.1 BOTTOM-UP APPROACH 35
2.2.2 TOP-DOWN APPROACH 35
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 36
2.3 DATA TRIANGULATION 37
FIGURE 5 DATA TRIANGULATION METHODOLOGY 37
2.3.1 PROBIOTICS IN ANIMAL FEED MARKET SIZE ESTIMATION - SUPPLY-SIDE 38
2.3.2 DEMAND SIDE 38
2.4 RESEARCH ASSUMPTIONS 39
2.5 RESEARCH LIMITATIONS 40
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19 40
2.7 SCENARIO-BASED MODELING 41
2.8 COVID-19 HEALTH ASSESSMENT 41
FIGURE 6 COVID-19: GLOBAL PROPAGATION 41
FIGURE 7 COVID-19 PROPAGATION: SELECT COUNTRIES 42
2.9 COVID-19 ECONOMIC ASSESSMENT 43
FIGURE 8 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 43
2.10 COVID-19 ECONOMIC IMPACT ASSESSMENT: SCENARIO ASSESSMENT 44
FIGURE 9 CRITERIA IMPACTING GLOBAL ECONOMY 44
FIGURE 10 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 45

3 EXECUTIVE SUMMARY 47
FIGURE 11 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021 VS. 2026 (USD MILLION) 48
FIGURE 12 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021 VS. 2026 (USD MILLION) 48
FIGURE 13 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021 VS. 2026 (USD MILLION) 49
FIGURE 14 ASIA PACIFIC TO BE THE FASTEST-GROWING REGION IN THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD 50
FIGURE 15 IMPACT OF COVID-19 ON THE PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SCENARIO, 2021 VS. 2026 (USD MILLION) 51

4 PREMIUM INSIGHTS 52
4.1 ATTRACTIVE OPPORTUNITIES IN THE PROBIOTICS IN ANIMAL FEED MARKET 52
FIGURE 16 PROBIOTICS IN ANIMAL FEED: AN EMERGING MARKET WITH PROMISING GROWTH POTENTIAL 52
4.2 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021 VS. 2026 (USD MILLION) 53
FIGURE 17 ASIA PACIFIC TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 53
4.3 PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE, 2021 VS. 2026 (USD MILLION) 53
FIGURE 18 THE BACTERIA SEGMENT TO HOLD A LARGER MARKET SHARE DURING THE FORECAST PERIOD 53
4.4 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK AND COUNTRY, 2020 54
FIGURE 19 THE POULTRY SEGMENT AND CHINA TO ACCOUNT FOR THE LARGEST SHARES IN THE PROBIOTICS IN ANIMAL FEED MARKET IN 2020 54
4.5 PROJECTED GROWTH RATES OF THE COUNTRIES IN THE GLOBAL PROBIOTICS IN ANIMAL FEED MARKET BETWEEN 2021 AND 2026 55
FIGURE 20 CHINA, INDIA, AND BRAZIL TO GROW AT THE HIGHEST GROWTH RATES DURING THE FORECAST PERIOD 55
4.6 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET 56
FIGURE 21 PRE AND POST-COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD (USD BILLION) 56

5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MACROECONOMIC INDICATORS 57
5.2.1 INCREASE IN LIVESTOCK PRODUCTION 57
5.2.2 GROWING MEAT CONSUMPTION ACROSS THE GLOBE 57
FIGURE 22 MEAT PRODUCTION AND CONSUMPTION AT A GLOBAL SCALE, 2019 (THOUSAND TON) 58
5.3 MARKET DYNAMICS 58
5.3.1 DRIVERS 59
5.3.1.1 Increase in the production of compound feed 59
FIGURE 23 COMPOUND FEED PRODUCTION, 2012-2019 (MILLION METRIC TON) 59
FIGURE 24 COMPOUND FEED PRODUCTION, BY COUNTRY, 2016-2018
(MILLION METRIC TON) 60
5.3.1.2 Increase in demand for animal protein among consumers 60
TABLE 2 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS 61
5.3.1.3 Increase in incidences of intestinal disorders among livestock species 61
5.3.1.4 Growth in the consumption of animal-based products 62
FIGURE 25 GLOBAL MEAT CONSUMPTION ESTIMATES, 2015-2024 (KT CWE) 62
FIGURE 26 GLOBAL MILK PRODUCTION, 2016 (MT) 63
5.3.1.5 Shift of livestock industry from being an unorganized sector to an organized one 64
5.3.1.6 Increase in focus on animal health to prevent disease outbreaks 64
5.3.2 RESTRAINTS 65
5.3.2.1 International quality standards and regulations for probiotics in animal feed products 65
5.3.3 OPPORTUNITIES 66
5.3.3.1 Innovations and technological advancements in the feed industry 66
5.3.3.2 Ban on the use of AGPs in animal feed 66
5.3.3.3 Implementation of innovative animal husbandry practices to improve the quality of meat 67
5.3.3.4 Shift toward natural growth promoters 67
5.3.4 CHALLENGES 68
5.3.4.1 High R&D costs for developing new probiotic strains 68

6 INDUSTRY TRENDS 69
6.1 INTRODUCTION 69
6.2 REGULATORY FRAMEWORK 69
6.2.1 INTRODUCTION 69
TABLE 3 INTERNATIONAL BODY FOR ANIMAL FEED SAFETY STANDARDS AND REGULATIONS 69
6.2.2 CODEX ALIMENTARIUS COMMISSION 70
FIGURE 27 DEVELOPMENT OF EUROPEAN UNION FEED ADDITIVES REGULATIONS 70
6.2.3 FAO/WHO 71
FIGURE 28 EFFECT OF PROBIOTICS ON ANIMAL HEALTH 71
6.2.4 NORTH AMERICA: REGULATORY ENVIRONMENT ANALYSIS 71
6.2.4.1 US 71
6.2.4.2 Canada 72
6.2.5 EUROPE: REGULATORY ENVIRONMENT ANALYSIS 72
6.2.5.1 European Union 73
6.2.6 ASIA PACIFIC: REGULATORY ENVIRONMENT ANALYSIS 74
6.2.6.1 China 74
6.2.6.2 India 74
6.2.6.3 Japan 74
6.2.6.4 Malaysia 75
6.2.7 LATIN AMERICA: REGULATORY ENVIRONMENT ANALYSIS 75
6.2.7.1 Brazil 75
6.3 PATENT ANALYSIS 75
FIGURE 29 NUMBER OF PATENTS APPROVED FOR PROBIOTICS IN ANIMAL FEED IN THE GLOBAL MARKET, 2010-2020 76
FIGURE 30 REGIONAL ANALYSIS: PATENT APPROVAL FOR PROBIOTICS IN ANIMAL FEED PRODUCTS, 2020 76
TABLE 4 LIST OF IMPORTANT PATENTS FOR PROBIOTICS IN ANIMAL FEED, 2008-2021 77
6.4 MARKET ECOSYSTEM 79
6.4.1 PROBIOTICS IN ANIMAL FEED MARKET MAP 79
6.4.1.1 Upstream 80
6.4.2 MAJOR PROBIOTICS IN ANIMAL FEED PROVIDERS 80
6.4.3 RAW MATERIAL PROVIDERS OF PROBIOTICS IN ANIMAL FEED 80
6.4.4 DISTRIBUTORS, WHOLESALERS, AND SUPPLIERS 80
TABLE 5 COMPANY MARKET ECOSYSTEM 81
6.5 PRICING ANALYSIS: PROBIOTICS IN ANIMAL FEED MARKET 82
6.5.1 PRICING ANALYSIS IN THE PROBIOTICS IN ANIMAL FEED MARKET 82
6.6 SUPPLY CHAIN ANALYSIS 83
TABLE 6 PROBIOTICS IN ANIMAL FEED MARKET: SUPPLY CHAIN ANALYSIS 83
6.7 TECHNOLOGY ANALYSIS 83
6.8 CASE STUDY ANALYSIS 84
TABLE 7 SAFETY ASSESSMENT AND CERTIFICATION DEMAND BY INDUSTRY PLAYERS TO ENSURE TRANSPARENCY 84
6.8.1 HIGH ADOPTION OF ORGANIC GROWTH STRATEGIES BY KEY PLAYERS 84
6.9 YC-YCC SHIFTS IN THE PROBIOTICS IN ANIMAL FEED MARKET 85
FIGURE 31 DEMAND FOR ADVANCED PROBIOTICS IN ANIMAL FEED IN THE PRODUCTION OF HIGH-QUALITY ANIMAL NUTRITION PRODUCTS IS THE NEW HOT BET IN THE MARKET 85
6.10 PORTER'S FIVE FORCES ANALYSIS 86
TABLE 8 PORTER'S FIVE FORCES ANALYSIS 86
6.10.1 DEGREE OF COMPETITION 86
6.10.2 BARGAINING POWER OF SUPPLIERS 87
6.10.2.1 Bargaining power of buyers 87
6.10.2.2 Threat of new entrants 87
6.10.2.3 Threat of substitutes 88
6.10.2.4 Intensity of competitive rivalry 88
6.11 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET 88

7 PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE 89
7.1 INTRODUCTION 90
TABLE 9 PROBIOTICS COMMONLY USED IN ANIMAL FEED 90
FIGURE 32 PROBIOTIC IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 91
7.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE 92
7.2.1 OPTIMISTIC SCENARIO (VALUE) 92
TABLE 10 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018-2021 (USD MILLION) 92
7.2.2 REALISTIC SCENARIO (VALUE) 92
TABLE 11 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018-2021 (USD MILLION) 92
7.2.3 PESSIMISTIC SCENARIO (VALUE) 92
TABLE 12 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2018-2021 (USD MILLION) 92
TABLE 13 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (KT) 93
TABLE 14 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (KT) 93
TABLE 15 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 93
TABLE 16 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 93
7.3 PRIMARY NOTES 94
7.3.1 KEY INDUSTRY INSIGHTS 94
7.4 BACTERIA 94
7.4.1 PROBIOTICS PREPARED USING BACILLUS SUBTILIS AND STREPTOCOCCI TO HELP IMPROVE THE EFFICIENCY OF POULTRY AND SWINE 94
TABLE 17 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY BACTERIA, 2017-2020 (USD MILLION) 95
TABLE 18 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY BACTERIA, 2021-2026 (USD MILLION) 95
TABLE 19 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (KT) 96
TABLE 20 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (KT) 96
TABLE 21 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 96
TABLE 22 BACTERIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 97
7.4.2 LACTOBACILLI 97
7.4.2.1 Research on lactobacilli 97
7.4.3 BIFIDOBACTERIUM 98
7.4.3.1 Research on bifidobacteria 98
7.4.4 STREPTOCOCCUS THERMOPHILUS 98
7.4.4.1 Probiotic properties of Streptococcus thermophilus 98
7.5 YEAST AND FUNGI 99
7.5.1 AVAILABILITY OF YEAST-BASED PROBIOTIC SOLUTIONS FOR RUMINANTS AND PIGS 99
TABLE 23 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY YEAST AND FUNGI, 2017-2020 (USD MILLION) 99
TABLE 24 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY YEAST AND FUNGI, 2021-2026 (USD MILLION) 99
TABLE 25 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (KT) 100
TABLE 26 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (KT) 100
TABLE 27 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 100
TABLE 28 YEAST AND FUNGI: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 101
7.5.2 SACCHAROMYCES CEREVISIAE 101
7.5.3 SACCHAROMYCES BOULARDII 101
7.5.4 OTHER SOURCES 101

8 PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK 102
8.1 INTRODUCTION 103
TABLE 29 BENEFITS ASSOCIATED WITH THE ADMINISTRATION OF PROBIOTICS IN ANIMAL FEED 103
FIGURE 33 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021 VS. 2026 (USD MILLION) 104
8.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY LIVESTOCK 104
8.2.1 OPTIMISTIC SCENARIO (VALUE) 104
TABLE 30 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018-2021 (USD MILLION) 104
8.2.2 REALISTIC SCENARIO (VALUE) 105
TABLE 31 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018-2021 (USD MILLION) 105
8.2.3 PESSIMISTIC SCENARIO (VALUE) 105
TABLE 32 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2018-2021 (USD MILLION) 105
TABLE 33 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 106
TABLE 34 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 106
8.3 PRIMARY NOTES 107
8.3.1 KEY INDUSTRY INSIGHTS 107
8.4 POULTRY 107
8.4.1 MANUFACTURERS TO INTRODUCE MULTI-STRAIN PROBIOTICS FOR POULTRY 107
TABLE 35 BACTERIAL STRAINS USED IN THE MANUFACTURE OF PROBIOTICS FOR POULTRY 108
TABLE 36 POULTRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 109
TABLE 37 POULTRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 109
8.5 SWINE 110
8.5.1 MANUFACTURERS TO INTRODUCE ADAPTIVE PROBIOTIC SOLUTIONS FOR PIGS TO ENHANCE AMINO ACID DIGESTIBILITY 110
TABLE 38 PROBIOTIC MICROORGANISMS COMMONLY USED IN SWINE FEED 110
TABLE 39 SWINE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 111
TABLE 40 SWINE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 111
8.6 RUMINANTS 112
8.6.1 YEAST-BASED PROBIOTICS TO AID IN INCREASING CELLULOLYTIC BACTERIA IN RUMEN 112
TABLE 41 RUMINANTS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 112
TABLE 42 RUMINANTS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 113
8.7 AQUACULTURE 113
8.7.1 BREEDERS TO EXPERIMENT ON PROBIOTICS TO CATER TO THE ALL-ROUND GROWTH AND DEVELOPMENT OF AQUATIC ANIMALS 113
TABLE 43 APPLICATION OF PROBIOTICS IN AQUACULTURE 114
TABLE 44 AQUACULTURE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 115
TABLE 45 AQUACULTURE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 115
8.8 PETS 116
8.8.1 SOLUBLE PROBIOTIC POWDER FORMULA FOR DOGS TO FIND PLACE IN THE ANIMAL FEED INDUSTRY 116
TABLE 46 PETS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 116
TABLE 47 PETS: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 116
8.9 OTHER LIVESTOCK 117
8.9.1 ADMINISTERING PROBIOTICS DURING THE WEANING PERIOD TO HELP IMPROVE THE DIGESTIVE TRACT CONDITIONS IN RABBITS 117
TABLE 48 OTHER LIVESTOCK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 117
TABLE 49 OTHER LIVESTOCK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 118

9 PROBIOTICS IN ANIMAL FEED, BY FORM 119
9.1 INTRODUCTION 120
FIGURE 34 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021 VS. 2026 (USD MILLION) 120
9.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY FORM 121
9.2.1 OPTIMISTIC SCENARIO (VALUE) 121
TABLE 50 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018-2021 (USD MILLION) 121
9.2.2 REALISTIC SCENARIO (VALUE) 121
TABLE 51 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018-2021 (USD MILLION) 121
9.2.3 PESSIMISTIC SCENARIO (VALUE) 122
TABLE 52 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2018-2021 (USD MILLION) 122
TABLE 53 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 122
TABLE 54 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 122
9.3 PRIMARY NOTES 123
9.3.1 KEY INDUSTRY INSIGHTS 123
9.4 DRY 123
9.4.1 EASE OF TRANSPORTATION AND STORAGE TO MAKE THE DRY FORM OF PROBIOTICS PREFERABLE OVER THE LIQUID FORM 123
TABLE 55 DRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 124
TABLE 56 DRY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 124
9.5 LIQUID 125
9.5.1 INTRODUCTION OF INNOVATIVE MULTI-STRAIN LIQUID SOLUTIONS FOR ANIMALS BY COMPANIES TO DECREASE THE MORTALITY RATES AND DEPENDENCE ON ANTIBIOTICS 125
TABLE 57 LIQUID: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 125
TABLE 58 LIQUID: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 126

10 PROBIOTICS IN ANIMAL FEED MARKET, BY FUNCTION 127
10.1 INTRODUCTION 127
10.2 NUTRITION 127
10.3 GUT HEALTH 128
10.4 YIELD 128
10.5 IMMUNITY 128
10.6 PRODUCTIVITY 129

11 PROBIOTICS IN ANIMAL FEED, BY REGION 131
11.1 INTRODUCTION 132
FIGURE 35 CHINA TO HOLD THE LARGEST MARKET SHARE IN THE PROBIOTICS IN ANIMAL FEED MARKET DURING THE FORECAST PERIOD 133
11.2 COVID-19 IMPACT ON THE PROBIOTICS IN ANIMAL FEED MARKET, BY REGION 133
11.2.1 OPTIMISTIC SCENARIO (VALUE) 134
TABLE 59 OPTIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 134
11.2.2 REALISTIC SCENARIO (VALUE) 134
TABLE 60 REALISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 134
11.2.3 PESSIMISTIC SCENARIO (VALUE) 135
TABLE 61 PESSIMISTIC SCENARIO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 135
TABLE 62 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 135
TABLE 63 PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 135
11.3 NORTH AMERICA 136
FIGURE 36 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SNAPSHOT 137
TABLE 64 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017-2020 (USD MILLION) 137
TABLE 65 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 138
TABLE 66 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 138
TABLE 67 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 138
TABLE 68 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 139
TABLE 69 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 139
TABLE 70 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 140
TABLE 71 NORTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 140
11.3.1 US 140
11.3.1.1 Processed beef products to witness high demand in the US market 140
TABLE 72 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 141
TABLE 73 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 141
TABLE 74 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 141
TABLE 75 US: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 142
11.3.2 CANADA 142
11.3.2.1 Introduction of natural probiotic supplements by Canadian manufacturers to cater to the health requirements of animals 142
TABLE 76 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 143
TABLE 77 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 143
TABLE 78 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 143
TABLE 79 CANADA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 144
11.3.3 MEXICO 144
11.3.3.1 Mexico to witness a high demand for poultry products due to its low cost 144
TABLE 80 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 145
TABLE 81 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 145
TABLE 82 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 145
TABLE 83 MEXICO: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 146
11.4 EUROPE 146
TABLE 84 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017-2020 (USD MILLION) 147
TABLE 85 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 147
TABLE 86 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 148
TABLE 87 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 148
TABLE 88 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 148
TABLE 89 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 149
TABLE 90 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 149
TABLE 91 EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 149
11.4.1 GERMANY 150
11.4.1.1 Focus of Germany to ensure the quality and hygiene of meat, to help the country adopt the use of probiotics in animals 150
TABLE 92 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 150
TABLE 93 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 150
TABLE 94 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 151
TABLE 95 GERMANY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 151
11.4.2 UK 151
11.4.2.1 The demand for probiotics in animal feed to increase owing to the awareness about the health benefits associated with feed additives in daily feed 151
TABLE 96 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 152
TABLE 97 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 152
TABLE 98 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 152
TABLE 99 UK: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 152
11.4.3 FRANCE 153
11.4.3.1 Stringent regulations in the livestock industry to lead to an increase in the demand for probiotics in animal feed 153
TABLE 100 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 153
TABLE 101 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 153
TABLE 102 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 154
TABLE 103 FRANCE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 154
11.4.4 ITALY 154
11.4.4.1 The country to witness a high demand for pet food, which is high in quality and safe for consumption 154
TABLE 104 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 155
TABLE 105 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 155
TABLE 106 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 155
TABLE 107 ITALY: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 155
11.4.5 SPAIN 156
11.4.5.1 Spain to face a high demand for dairy and meat products 156
TABLE 108 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 156
TABLE 109 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 156
TABLE 110 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 157
TABLE 111 SPAIN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 157
11.4.6 RUSSIA 157
11.4.6.1 Demand for high-quality poultry products to increase in Russia as people opt for a protein-rich diet 157
TABLE 112 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 158
TABLE 113 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 158
TABLE 114 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 158
TABLE 115 RUSSIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 159
11.4.7 REST OF EUROPE 159
11.4.7.1 Growing awareness about the benefits of probiotics in animal feed to lead to an increase in demand in these countries 159
TABLE 116 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 159
TABLE 117 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 160
TABLE 118 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 160
TABLE 119 REST OF EUROPE: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 160
11.5 ASIA PACIFIC 161
FIGURE 37 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SNAPSHOT 162
TABLE 120 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017-2020 (USD MILLION) 163
TABLE 121 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 163
TABLE 122 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 163
TABLE 123 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 164
TABLE 124 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 164
TABLE 125 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 165
TABLE 126 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 165
TABLE 127 ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 165
11.5.1 CHINA 166
11.5.1.1 Adoption of a Western diet to lead to the increased demand for beef in the Chinese market 166
FIGURE 38 DOMESTIC CONSUMPTION OF PORK IN CHINA, 2014-2018
(THOUSAND METRIC TONS) 166
TABLE 128 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 167
TABLE 129 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 167
TABLE 130 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 167
TABLE 131 CHINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 168
11.5.2 INDIA 168
11.5.2.1 The Indian government to focus on clean and safe meat for its consumers 168
FIGURE 39 ANNUAL MEAT PRODUCTION IN INDIA, 2019 169
TABLE 132 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 169
TABLE 133 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 170
TABLE 134 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 170
TABLE 135 INDIA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 170
11.5.3 JAPAN 171
11.5.3.1 Animal producers to shift to the use of probiotics in animal feed due to the growing demand for high-quality meat 171
FIGURE 40 BOVINE MEAT PRODUCTION AND IMPORTS IN JAPAN, 2019 171
FIGURE 41 PIGMEAT PRODUCTION AND IMPORTS IN JAPAN, 2019 172
TABLE 136 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 172
TABLE 137 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 172
TABLE 138 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 173
TABLE 139 JAPAN: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 173
11.5.4 AUSTRALIA & NEW ZEALAND 173
11.5.4.1 To enhance the quality of meat, producers to undertake farm-level measures in Australia 173
FIGURE 42 AUSTRALIAN BEEF AND VEAL EXPORTS 174
FIGURE 43 NEW ZEALAND: BEEF EXPORTS IN 2019 (MILLION TONS) 175
TABLE 140 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 175
TABLE 141 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 175
TABLE 142 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 176
TABLE 143 AUSTRALIA & NEW ZEALAND: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 176
11.5.5 REST OF ASIA PACIFIC 176
11.5.5.1 The growing awareness in the animal industry about the use of probiotics in feed and scientific innovations to drive the growth of the market 176
TABLE 144 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 176
TABLE 145 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 177
TABLE 146 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 177
TABLE 147 REST OF ASIA PACIFIC: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 177
11.6 SOUTH AMERICA 178
TABLE 148 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2017-2020 (USD MILLION) 178
TABLE 149 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 179
TABLE 150 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 179
TABLE 151 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 179
TABLE 152 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 180
TABLE 153 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 180
TABLE 154 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 181
TABLE 155 SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 181
11.6.1 BRAZIL 181
11.6.1.1 The high demand for good quality meat in the domestic and international markets to drive the demand for probiotics in animal feed 181
TABLE 156 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 182
TABLE 157 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 182
TABLE 158 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 182
TABLE 159 BRAZIL: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 183
11.6.2 ARGENTINA 183
11.6.2.1 Voluminous production of beef to drive the growth of probiotics in animal feed 183
TABLE 160 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 184
TABLE 161 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 184
TABLE 162 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 184
TABLE 163 ARGENTINA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 185
11.6.3 REST OF SOUTH AMERICA 185
11.6.3.1 Health and wellness trends to drive the market for nutritious animal feeds 185
TABLE 164 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 185
TABLE 165 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 186
TABLE 166 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 186
TABLE 167 REST OF SOUTH AMERICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 186
11.7 ROW (REST OF THE WORLD) 187
TABLE 168 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2017-2020 (USD MILLION) 187
TABLE 169 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 187
TABLE 170 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 188
TABLE 171 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 188
TABLE 172 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2017-2020 (USD MILLION) 188
TABLE 173 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY LIVESTOCK, 2021-2026 (USD MILLION) 189
TABLE 174 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 189
TABLE 175 ROW: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 189
11.7.1 MIDDLE EAST 190
11.7.1.1 The Middle Eastern animal husbandry industry to drive the market for probiotics in animal feed 190
TABLE 176 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 190
TABLE 177 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 190
TABLE 178 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 191
TABLE 179 MIDDLE EAST: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 191
11.7.2 AFRICA 191
11.7.2.1 Well-developed livestock and meat processing industries to drive the demand for probiotics in animal feed in African countries 191
TABLE 180 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2017-2020 (USD MILLION) 192
TABLE 181 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY SOURCE, 2021-2026 (USD MILLION) 192
TABLE 182 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2017-2020 (USD MILLION) 192
TABLE 183 AFRICA: PROBIOTICS IN ANIMAL FEED MARKET SIZE, BY FORM, 2021-2026 (USD MILLION) 193

12 COMPETITIVE LANDSCAPE 194
12.1 OVERVIEW 194
12.2 MARKET RANKINGS OF KEY PLAYERS, 2020 194
FIGURE 44 DUPONT DOMINATED THE PROBIOTICS IN ANIMAL FEED MARKET IN 2020 194
12.3 MARKET SHARE ANALYSIS, 2020 195
TABLE 184 PROBIOTICS IN ANIMAL FEED MARKET: DEGREE OF COMPETITION 195
12.4 KEY PLAYER STRATEGIES 196
12.5 REVENUE ANALYSIS OF KEY PLAYERS, 2018-2020 197
FIGURE 45 REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018-2020 (USD BILLION) 197
12.6 COVID-19-SPECIFIC COMPANY RESPONSE 198
12.6.1 ADM 198
12.6.2 DUPONT 198
12.6.3 CHR HANSEN 198
12.6.4 DSM 198
12.6.5 EVONIK INDUSTRIES 198
12.7 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 199
12.7.1 STARS 199
12.7.2 PERVASIVE 199
12.7.3 EMERGING LEADERS 199
12.7.4 PARTICIPANTS 199
FIGURE 46 PROBIOTICS IN ANIMAL FEED MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS) 200
12.8 PRODUCT FOOTPRINT 201
TABLE 185 COMPANY, BY SOURCE FOOTPRINT 201
TABLE 186 COMPANY, BY LIVESTOCK FOOTPRINT 202
TABLE 187 COMPANY, BY REGIONAL FOOTPRINT 203
TABLE 188 OVERALL COMPANY FOOTPRINT 204
12.9 PROBIOTICS IN ANIMAL FEED MARKET, STARTUP/SME EVALUATION QUADRANT, 2020 205
12.9.1 PROGRESSIVE COMPANIES 205
12.9.2 STARTING BLOCKS 205
12.9.3 RESPONSIVE COMPANIES 205
12.9.4 DYNAMIC COMPANIES 205
FIGURE 47 PROBIOTICS IN ANIMAL FEED MARKET: COMPANY EVALUATION QUADRANT, 2020 (STARTUP/SME) 206
12.10 COMPETITIVE SCENARIO AND TRENDS 207
12.10.1 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS 207
TABLE 189 PROBIOTICS IN ANIMAL FEED MARKET: NEW PRODUCT LAUNCHES, JANUARY 2019- MAY 2021 207
12.10.2 DEALS 208
TABLE 190 PROBIOTICS IN ANIMAL FEED MARKET: DEALS, JUNE 2019- SEPTEMBER 2020 208
12.10.3 OTHERS 210
TABLE 191 PROBIOTICS IN ANIMAL FEED MARKET: OTHERS, JANUARY 2018-MAY 2021 210

13 COMPANY PROFILES 211

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