Antibiotic Alternatives Stimulate New Product Development in Global Animal Feed Ingredient Market - PR Newswire India

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"Amino acids dominate the global industry and are expected to remain in the top position, generating revenues of $11.5 billion by 2026. The ever-growing demand for high-quality meat has forced livestock farmers to also fortify animal feed with vitamins, organic acids, enzymes, and probiotics. The effort to ensure high-quality protein concentration intensifies each year," said Nimisha Dhomne, Chemicals, Materials and Nutrition Research Analyst at Frost & Sullivan. "As farmers gradually reduce and discontinue the use of antibiotic growth promoters, the rising demand for its alternatives creates new revenue streams for manufacturers in this space."

Dhomne added: "North America holds the highest position in meat consumption per capita, but Asia-Pacific is expected to dominate the animal feed ingredient market, mainly due to the region's high population, increasing per-capita disposable income, growing per-capita meat consumption, and constant change in regulatory frameworks against the use of antibiotic growth promoters. Europe, on the other hand, is projected to witness a decline in meat consumption per capita due to changing dietary patterns, social concerns for animal welfare, and shifting interest toward processed and lab-grown meat."

To leverage the growth opportunities presented by the changing landscape, feed ingredient manufacturers should:

Focus on developing novel solutions by investing in research and development (R&D) to create more potent bacterial strains and novel delivery mechanisms to enhance their efficacy in animals as probiotics hold considerable potential as an alternative for antibiotics.
Expand production capacities to meet potential demand by establishing strategic partnerships with researchers, suppliers, and logistic companies.
Establish a strong foundation in domestic production with high product line diversity to remain resilient against adversities in geographic disruptions, biosecurity threats, and more.
Invest in innovative technologies to produce feed ingredients at a lower cost and with less reliance on imports.

Global Animal Feed Ingredient Market Powered by Antibiotic Alternatives and Vertical Integration is the latest addition to Frost & Sullivan's Chemicals, Materials and Nutrition research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

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Global Animal Feed Ingredient Market Powered by Antibiotic Alternatives and Vertical Integration

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