Prebiotics are the non- digestible functional ingredients that selectively stimulate the growth of favorable bacteria’s in the gut of the host. Prebiotics facilitate the immune system thereby improving animal health. It is added to the animal feed to maintain gut health and thus prevent the prevalence of pathogens in the food chain. Prebiotics and probiotics are two different categories of fermented ingredients. Probiotics are live cultures of micro organisms that provide balance of bacteria in the gut. Commonly used probiotics are Lactobacillus acidophilus, Bacillus species and Enterococci faecium. Prebiotics in combination with probiotics are called as a synbiotics.
Prebiotics are classified as disaccharides, oligosaccharides and polysaccharides and most commonly used prebiotics includes lactulose, mannan-oligosaccharide (MOS), inulin, soy Fructo-oligosaccharide(FOS) and galacto-oligosaccharide (GOS). The global market for prebiotics in animal feed market was worth USD 213.9 million in 2012 in terms of revenue.
The rise in global meat consumption and ban of antibiotics as growth promoters in animal feed are the factors driving the growth of this market. However, greater market visibility for probiotics and strict government regulations are the major constraints for market growth.
Historically, chicory remains a major source of inulin and oligofructose to be used in functional food. Chicory inulin can be extracted from the root and used as an ideal ingredient in functional foods. Using the chicory inulin in this manner can lead to a number of health benefits. The prices of inulin and oligofructose are directly associated with the prices of chicory. Some ups and downs in the prices of chicory affect the profit margin of prebiotic manufacturers.
Poultry and cattle are the most lucrative markets for prebiotics in animal feed additive. Together they hold 60.8% of the market by volume in 2012. Poultry is the largest and most mature market which is expected to dominate for the next six years. However, cattle market is growing at the highest rate. The aquaculture segment occupied 7.8% in terms of volume of the global market in 2012, but is expected to lose market share in the future due to high proximity to aqua feed oxidation and deterioration.
The global prebiotics in animal feed market have a worldwide presence with many companies involved in the manufacturing of prebiotic animal feed. In terms of volume, Europe accounted for more than 40% of the overall market share in 2012 and it is expected to maintain its dominance for the next six years. This is driven by ban on usage of antibiotics in animal feed. Therefore, European consumers are regularly looking for better and new alternatives for antibiotics. Other geographical areas which have high consumption of prebiotics in animal feed are Asia Pacific and North America, which together accounted for 44% of the market in 2012. Rest of the World (RoW) is expected to increase its market share from 7.2% in 2012 to 7.4% in 2019.
The market of prebiotics in animal feed is fragmented in nature and hence none has significant market share due to the existence of multiple brands worldwide. Some of the major market players are FrieslandCampina Domo, Beghin Meiji, Cargill Inc., Beneo-Orafti SA, Abbott Laboratories, Cargill Incorporated and others small players.
Prebiotics, which are a type of functional foods, are used in animal feed for improving the digestive system, immune system, and overall performance of animals. Prebiotics are essentially nutrients that are used for the microbe population of the rumen of the host animal to be in balanced numbers for a few essential functions, especially preventing pathogenic bacterial colonization of the gut. In the recent past, the prohibition of antibiotics as growth promoters (AGPs) has necessitated the use of alternate methods to reduce bacterial pathogens, which are directly related to food contamination of animal origin foods.
The research report on the prebiotics in animal feed market is segmented on the basis of animal type and geography. The report presents a comprehensive analysis of the segments and sub-segments of the global prebiotics in animal feed market for the forecast period.
On the competitive front, the report identifies the major players involved in the prebiotics in animal feed business, with insights into their financial standings, existing and pipeline products, research and development activities, and an analysis of strengths, weaknesses, opportunities, and threats for each of these companies.
Overview of Prebiotics in Animal Feed Market
The prebiotics in animal feed market was valued at US$213.9 mn in 2012. Due to the ban on antibiotics in animal feed, the use of prebiotics as growth promoters will lead to significant growth of this market, which is expected to display an 11.90% CAGR from 2013 to 2019. If the projected figure holds true, the market will be valued at US$461.3 mn by 2019.
Based on animal type, cattle and poultry are the two major segments of the global market for prebiotics in animal feed. In 2012, almost 60.8% of the overall market was held by the cattle and poultry segments collectively. Of the two, poultry held a larger market share and is expected to dominate the prebiotics in animal feed market during the forecast period.
In 2012, the aquaculture segment accounted for about 7.8% of the volume production of prebiotics in animal feed. However, in the forecast period, the aquaculture segment of the market will lose its share due to recurrent deterioration caused by aqua feed oxidation.
On the basis of geography, in 2012, Europe held almost 40% of the global market for prebiotics in animal feed and is expected to continue its dominance in the forecast period. This is mainly due to the search for alternatives to antibiotics, which are needed to prevent food contamination that impacts the quality of animal-origin foods.
Asia Pacific is expected to exhibit considerable demand for prebiotics in animal feed due to the increasing demand for high-quality meats, which is produced adopting measures that have less chances of food contamination. This is mainly due to the recent instances of outbreaks of food-borne diseases related with animal origin food, which have aroused consumer awareness for quality meat products.
Major Companies in Prebiotics in Animal Feed market
Some of the major companies involved in the business of prebiotics in animal feed are Cargill Incorporated, Cosucra- Groupe Warcoing SA, Abbott Laboratories, and BENEO-Orafti SA.
Global Prebiotics in Animal Feed Market – by Type
Construction Equipment Market by Geography
- North America
- Asia Pacific
- Rest of the World
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