Prebiotics in Animal Feed Market to Exhibit 11.9% CAGR from 2013 to 2019 due to Health Benefits for Animals : Transparency Market Research
Prebiotics In Animal Feed Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 -2019
Prebiotics are functional ingredients of animal feed. They are non-digestible in nature and their primary function is to enhance the growth of favorable bacteria in the gut. Prebiotics can perform this function in a selective manner as well, targeting only a few types of bacteria, thereby allowing the growth of only those that have a positive effect on the host.
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Prebiotics are not to be confused with probiotics. The latter is a live culture of micro organisms that balance the level of gut bacteria. The former is simply an agent that promotes the growth of healthy bacteria that are already present in the gut. There can be cases where both are administered at the same time. The use of prebiotics and probiotics at the same time is known as synbiotics.
Classification of Prebiotics in Animal Feed Market
Prebiotics are generally classified as polysaccharides, oligosaccharides, and disaccharides. The basis of classification of a prebiotic is dependent on a few factors, including:
On the grounds of this classification, prebiotics are also termed as colonic foods. They pass through the large intestine and become substrates for bacteria that colonize the colon.
As for the global prebiotics in animal feed market, the basis of categorization arises through their use in different animal feeds, including:
The global prebiotics in animal feed market was dominated by Europe in 2012, when it held over 40% of the market share. The continent is expected to maintain this lead through various promotion factors and a generally increasing demand. Another key reason for the use of prebiotics is a ban on the usage of antibiotics by concerned regulatory bodies. North America and Asia Pacific collectively held nearly 44% of the global prebiotics in animal feed market in 2012. The Rest of the World held a 7.2% share in 2012, which is expected to increase to 7.4% in 2019.
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Overall Health Benefits to Drive Global Prebiotics in Animal Feed Market
The fact that prebiotics are classified as non-antibiotic when it comes to being growth promoters means that they do so naturally. This is a significant distinction, as it allows the use of prebiotics to maintain gut bacteria levels in a harmless manner. This mean prebiotics are able to provide all the health benefits of creating good bacteria while avoiding the damage that antibiotics could cause to the body.
The top companies that operate in the global prebiotics in animal feed market include BENEO-Orafti SA, CosucraGroupeWarcoing SA, Beghin Meiji, FrieslandCampina Domo, Cargill Incorporated, and Abbott Laboratories.
Overall, the global prebiotics in animal feed market is a growing one; one that is expected to grow at a CAGR of 11.9% from 2013 to 2019. The market is expected to go beyond US$461 million by 2019, from a past market value of US$213.9 by the end of 2013. The same timeframe witnesses a volume increase by a CAGR of 9.4%. All information about the global prebiotics in animal feed market points to the fact that it is finding greater preference across the globe.
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