Africa Feed Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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Africa Feed Probiotics Market 

Feed Probiotics are one form of alternative feed supplement, or “functional food” which may be used for prophylaxis in animals. Probiotics can be defined as “live microorganisms which, when administered in adequate amounts, confer health benefits on the host”. The African feed probiotics market is estimated to grow at a CAGR of 6.6% during the forecasted period of 2016 - 2021 and is projected to reach USD 90.5 million by 2021.

Feed probiotics enhance the animal performance by improving the gut performance, increasing intake of nutrients, boosting the immunity and balancing the PH. 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.

The demand for feed probiotics is largely driven by increasing population, rising meat consumption and urbanization in the African continent. African markets see major restrain in the form of rising raw material and management costs. The market is expected to gain momentum with the increasing trade activity in the region.

The regional feed probiotics market is segmented on the basis of product type and animal type. Lactobacilli forms the majority of market share in feed probiotics. By animal type, ruminants and poultry are the two major consuming segments of probiotics in the region.

Among African countries, South Africa has witnessed a steady consumption of probiotics over the last five years. The growth is due to increased awareness among the farmers about the positive effects of probiotics on animal health and thus eventually on growth and productivity of animals. Egypt is relatively a new market and is expected to grow at a CAGR of 6.5% in value and 6.0% in volume terms during the forecast period.

Major companies active in the African feed probiotics industry are BioGaia AB (Sweden), China-Biotics Inc. (China), Chr. Hansen A/S (Denmark), Danone SA (France), E.I. du Pont de Nemours and Company (US) etc. The leading companies focused on expansion of the business across regions. The companies are also increasing production capacities of their existing plants.

Key Deliverables in the Study

  • Market analysis for the Africa 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 share.
  • Identification and analysis of the macro and micro factors that affect the Africa 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 booming and to also identify the regions that are still untapped.

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