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Global Eubiotics Market Size By Type (Probiotics, Prebiotics, Organic), By Form (Dry, Liquid), By Livestock (Poultry, Swine, Ruminants, Aquatic Animals), By Function (Nutrition And Gut Health, Yield, Immunity, Production), By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Eubiotics Market Size By Type (Probiotics, Prebiotics, Organic), By Form (Dry, Liquid), By Livestock (Poultry, Swine, Ruminants, Aquatic Animals), By Function (Nutrition And Gut Health, Yield, Immunity, Production), By Geographic Scope And Forecast

Eubiotics Market Size And Forecast

Eubiotics Market size was valued at USD 5.93 Billion in 2021 and is projected to reach USD 10.08 Billion by 2030, growing at a CAGR of 7.40% from 2022 to 2030.

Eubiotics are novel feed additives that promote animal performance and welfare by promoting gut health. The Global Eubiotics Market is expected to be driven by increased knowledge about feed quality and safety, rising consumption of meat and meat products, particularly eggs and chicken meat, and rising demand for manufactured feed. The Global Eubiotics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Eubiotics Market Definition

The word Eubiotics refers to the preservation of gut microflora. They mostly consist of probiotics, prebiotics, organic acids, and essential oils. The product’s efficacy is primarily influenced by its antibacterial characteristics as well as its ability to change gut flora. Eubiotics boost the body’s immunological system. They are natural digestive stimulants that help to maintain a healthy microflora balance. These are beneficial to gastrointestinal health and can be used instead of antibiotics.

Eubiotics are gaining popularity as human and animal feed additives. It is necessary for the production of healthy animals. Eubiotics are becoming increasingly important in developed countries, with an increasing number of governments banning antibiotic usage. Eubiotics aid in the improvement of the immune system and hence play an important function in it. Dietary organic acids have a Eubiotics influence on the multiplication of indigenous lactic acid bacteria, which helps to activate the immunological response to illnesses. Prebiotics, probiotics, and organic acids are major examples of feed additives.

Global Eubiotics Market Overview

The Global Eubiotics Market is expected to grow during the forecasted period due to the industrialization of the livestock industry, increasing demand for naturally derived products, and the rising number of cases of livestock diseases. Growing consumer awareness of feed quality and safety, as well as rising demand for manufactured feed, are projected to boost the Eubiotics Market growth.

In addition, increased meat and meat product consumption, particularly eggs and chicken meat, is expected to drive market growth. However, regulatory framework, low awareness of product efficiency, trade complexities of food production chains, and competition for raw materials are major restraints to market growth.

Global Eubiotics MarketSegmentation Analysis

The Global Eubiotics Market is Segmented on the basis of Type, Form, Livestock, Function, and Geography.

Eubiotics Market, By Type

  • Probiotics
  • Prebiotics
  • Organic Acids
  • Essential Oils

Based on Type, the market is segmented into Probiotics, Prebiotics, Organic Acids, and Essential Oils. Probiotics are projected to rise the most during the forecasted period due to the use of live microorganisms, and increased benefits for the gastrointestinal tract.

Eubiotics Market, By Form

  • Dry
  • Liquid

Based on Form, the market is segmented into Dry and Liquid. The Dry segment is projected to increase the most during the forecasted period owing to the increasing usage of feed additive products, and longer shelf life compared to liquid Eubiotics.

Eubiotics Market, By Livestock

  • Poultry
  • Swine
  • Ruminants
  • Aquatic animals
  • Others (horses, sheep, and birds)

Based on Livestock, the market is segmented into Poultry, Swine, Ruminants, Aquatic Animals, and others (horses, sheep, and birds). The Poultry segment is projected to increase the most during the forecasted period owing to the increasing demand for poultry chicken, improving the health of poultry birds, and providing protein.

Eubiotics Market, By Function

  • Nutrition and Gut Health
  • Yield
  • Immunity
  • Production

Based on Function, the market is segmented into Nutrition & Gut Health, Yield, Immunity, and Production. The Nutrition & gut health segment is expected to hold the largest market share. The factors can be attributed to the efficacy of eubiotics in treating gut health and the development of efficient eubiotic carrier mediums for better delivery in the intestinal tract.

Eubiotics Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Regional Analysis, the Global Eubiotics Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The Global Eubiotics Market in the Europe region is expected to increase the most compared to other regions during the projected period due to stringent laws & regulations discouraging the usage of antibiotics, the presence of key market players, and awareness regarding the usage of Eubiotics & their benefits in this region.

Key Players

The “Global Eubiotics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF SE, ADDCON, Novus International Inc., Kemin Industries Inc., Calpis Co. Ltd., Koninklijke DSM NV, Novozymes, Lesaffre Group, Behn Mayer Group, Cargill, Chr. Hansen Holding A/S, Lallesmand Inc., and Advanced Bio Nutrition Corp. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In July 2021, Midori USA, Inc., a start-up company primarily focused on producing tailored Eubiotics that enhance the environmental impact and animal health, has been acquired by Koninklijke DSM NV.
  • In 2021, Novus International collaborated with Agrivida, a biotechnology business based in the United States for R&D partnerships.
  • Chr. Hansen Holding A/S has launched ‘Bovacillus,’ a novel probiotic for dairy and beef cattle. Bacillus spores resist extreme circumstances throughout feed manufacture, preparation, and within the gastrointestinal system, making it a unique type of probiotic.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2030

Base Year

2021

Forecast Period

2022-2030

Historical Period

2018-2020

Unit

Value (USD Billion)

Key Companies Profiled

BASF SE, ADDCON, Novus International Inc., Kemin Industries Inc., Calpis Co. Ltd., Koninklijke DSM NV, Novozymes, Lesaffre Group

Segments Covered

By Type, By Form, By Livestock, By Function, And By Geography

Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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