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Global Prebiotics in Animal Feed Market to Expand at 11.90% Cagr 2013-2019, Registering Strong Growth in Europe

  • Date Submitted: 12/04/2015 01:26 AM
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Transparency Market
Research
Prebiotics In Animal Feed Market - Global Industry
Analysis, Size, Share, Growth, Trends And Forecast 2013
-2019
Published Date
21-04-2014

63 Page Report

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Global Prebiotics in Animal Feed Market to Expand at 11.90%
CAGR 2013-2019, Registering Strong Growth in Europe

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Prebiotics In Animal Feed Market

REPORT DESCRIPTION

The featured report, titled “Prebiotics In Animal Feed Market - Global Industry Analysis, Size, Share,
Growth, Trends And Forecast, 2013 - 2019”, from Transparency Market Research (TMR) offers a 360-degree
view of the market. According to this research study, the global prebiotics in animal feed market will
expand at a marked CAGR of 11.90% during the forecast period from 2013 to 2019. In 2012, the global
prebiotics in animal feed market was worth US$213.9 mn and by 2019, it is projected to be worth
US$461.3 mn.
The global prebiotics in animal feed market is driven by the rise in global meat consumption. According to
the USDA, the per capita consumption of red meat and poultry in 1990 was estimated at 197.5 pounds,
and in 2015 it was estimated at 210.8 pounds. In addition to this, the multiple health benefits associated
with the usage of prebiotics for animals will also drive the global prebiotics in animal feed market. The ban
on the use of antibiotics in animal feed in many nations will also fuel the global prebiotics in animal feed
market. On the other hand, the greater market visibility of probiotics will suppress the global prebiotics in
animal feed market. The stringent regulations and legislations related to approval of prebiotics used in
animal feed will also challenge the global prebiotics in animal feed market greatly.
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