Global Eubiotics Market By Product Overview
Eubiotics are animal feed additives which increase nutritional value of that feed. Primary purpose of eubiotics is to provide an improved health status and performance to the animals. Eubiotics helps in proper absorption of nutrients. It is beneficial to host animal as well as in the animal production. It provides digestive enzymes as well as additional source of nutrients. Eubiotics are made up of natural plant extracts and carboxylic acids. Eubiotics are referred as healthy balance of the micro biota in the gastrointestinal tract. Eubiotics term refers to the upkeep of micro flora within the intestinal tract. Eubiotics are mainly wont to improve the health status also as performance improvement in domesticated animals. They mostly include probiotics, prebiotics, organic acids and essential oils. The efficacy of the merchandise is especially hooked in to the antimicrobial effects also as their ability to change the gut flora. Eubiotics are gaining importance in developed countries with an increasing number of nations are limiting the utilization of antibiotics. Eubiotics helps in improving the system and thus plays a significant role within the system. Eubiotics are the natural digestive stimulants, which create healthy balance of micro flora within the alimentary canal. For the activation of the immune reaction against diseases the inclusion of dietary organic acids features a eubiotic effect on the proliferation of indigenous carboxylic acid bacteria. It refers to feed additives like prebiotics, probiotics, and organic acids. Eubiotics are good for digestive health and act as a substitute to antibiotics in feed. Eubiotics Market accounted for US$ 4.8 billion in 2020 and is estimated to be US$ 9.8 billion by 2030 and is anticipated to register a CAGR of 7.5%.
Global Eubiotics Market By Product Drivers & Restraints
Increasing awareness regarding meat quality
Increasing awareness regarding meat quality, coupled with the rising demand for animal protein products across the globe are major factors driving growth of the eubiotics market. In addition, ban on use of antibiotics in some countries boost the demand for its alternatives such as eubiotic which is another factor propelling growth of the target market.
Furthermore, adverse health effect on animals due to use of antibiotics is supporting growth of the target market. Moreover, adverse health effect on animals due to use of antibiotics is supporting growth of the target market. However, increasing complexities in food production chain and trade complexities due to imposition of stringent regulations by regulatory bodies across the globe are expected to restrain growth of the eubiotics market.
Global Eubiotics Market By Product Segmentations & Regional Insights
The eubiotics market has been segmented on the basis of product, dosage form, application, livestock, and region.
On the basis of product the eubiotics market is segmented into probiotics, prebiotics, organic acids, and essential oils. The probiotics product segment is expected to dominate in the target market over the forecast period. Based on dosage form the target market is segmented into dry and liquid dosage form. On the basis of application the eubiotics market is bifurcated into gut health, immunity, yield, and others. Others sub-segment includes productivity and nutrition. The gut health application segment is expected to be the largest segment in the eubiotics market in the near future. On the basis of livestock the target market is segmented into poultry, swine, aquatic, and ruminants. The poultry livestock segment is anticipated to dominate the eubiotics market over the forecast period.
Regional Insights
On the basis of region the eubiotics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Europe is expected to account for major market share as compared to that of other regions in the near future, owing to strict ban on usage of antibiotics as a growth promoter in this region. Asia Pacific is expected to account for a second-highest market share in terms of revenue over the forecast period. This is due to strong demand for eubiotics from countries such as China and India in the region.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Product- Probiotics, Prebiotics, Organic Acids, And Essential Oils By Dosage Form- Dry and Liquid By Application- Gut Health, Immunity, Yield, And Others. By Livestock- Poultry, Swine, Aquatic, And Ruminants |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Global Eubiotics Market By Product Competitive Landscape & Key Players
Key players operating in the eubiotics market includes Cargill INC, BASF SE, E. I. du Pont de Nemours and Company, Koninklijke DSM N. V., Chr. Hansen Holding A/S, Novozymes A/S, Calpis Co., Ltd., Lesaffre et Compagnie, SA, Kemin Industries, Inc., and Lallemand Inc.
Global Eubiotics Market By Product Company Profile
- Cargill Inc
- Business Strategies Overview
- Financial Performance
- Key Highlights
- Product Portfolio
- Company Overview
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- E.I. du Pont de Nemours and Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Koninklijke DSM N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Chr. Hansen Holding A/S
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Novozymes A/S
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Calpis Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Lesaffre et Compagnie
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Kemin Industries Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Lallemand Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
Global Eubiotics Market By Product Highlights
FAQs
eubiotics market has been segmented on the basis of product, dosage form, application, livestock, and region.
Increasing awareness regarding meat quality, coupled with the rising demand for animal protein products across the globe are major factors driving growth of the eubiotics market.
Europe is expected to account for major market share as compared to that of other regions in the near future, owing to strict ban on usage of antibiotics as a growth promoter in this region.
Key players operating in the eubiotics market includes Cargill INC, BASF SE, E. I. du Pont de Nemours and Company, Koninklijke DSM N. V., Chr. Hansen Holding A/S, Novozymes A/S, Calpis Co., Ltd., Lesaffre et Compagnie, SA, Kemin Industries, Inc., and Lallemand Inc.