Market Size of Middle East Feed Probiotics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
ME Feed Probiotics Market Analysis
The Middle-East feed probiotics market is projected to witness a CAGR of 6.8% during the forecast period (2021 - 2026). The animal feed industry had badly affected by the COVID-19 pandemic, which compelled farmers to stock their animal feed supplies, including additives such as probiotics. This had led to a spike in demand for animal feed additives when the lockdown was initially imposed.
Probiotics are widely used in farm livestock, companion animals, and aquaculture, as they are principally associated with reducing clinical disease and increasing growth rates. Therefore, as consumers are becoming more health-conscious, livestock producers are shifting toward sustainable livestock farming techniques, which may drive the market for probiotics.
The regional feed probiotics market is segmented based on product type and animal type. By product type, lactobacilli form the majority of the market share in feed probiotics. By animal type, ruminants and poultry are the two major consuming segments of probiotics in the region. Aquaculture is a key source of fish in Egypt. Probiotics, which control pathogens through various mechanisms, are increasingly being used in feed in aquaculture in Egypt. As a fast-growing sector, the need for efficient production with minimal harm to the aquatic environment forced producers to seek healthier alternatives. Therefore, the probiotics market is expected to gain momentum with the increasing animal-based products' trade activity in the region.
