Market Overview:
Global Eubiotics Market Was Valued At USD 5.02 Billion In 2023 And Is Expected To Reach USD 10.15 Billion By The Year 2030, At A CAGR Of 9.2%.
Products that are used to maintain a healthy balance of intestinal microorganisms are referred to as eubiotics. Animals that are properly fed must be produced using eubiotics. Eubiotics ensure that an animal's gastrointestinal system has a healthy balance of microflora. Due to changes in lifestyle and food consumption patterns towards livestock imitation and the growing world population, the market's growth may be ascribed to escalating worldwide meat and meat products consumption, particularly chicken meat and eggs. In addition, biotics is anticipated to be the mandatory feed additive, filling the void left by the restriction on antibiotics.
Top Key Players Covered In The Eubiotics Market:
- BASF SE (Germany)
- Lallemand Inc. (Canada)
- Cargill Incorporated (US)
- Calpis Co. Ltd (Japan)
- Chr. Hansen A/S. (Denmark)
- Kemin Industries Inc. (USA)
- Lesaffre Group (France)
- Advanced BioNutrition Corporation (US)
- Behn Meyer (Germany)
- Koninklijke DSM N.V. (Netherlands), and Other Major Players.
Market Dynamics and Factors:
One of the main elements fostering a favorable outlook for the industry is the rising occurrence of livestock illnesses throughout the globe. The use of eubiotics-based feed gives cattle the necessary nutrients as well as health and therapeutic advantages, such as the early detection and treatment of chronic illnesses. Antimicrobial growth promoters (AGPs) are frequently replaced with eubiotics in animals and cattle. This suggests that the increased demand for Eubiotics is being fueled in part by the rising demand for meat and protein from animals. Rising consumer awareness of feed quality and safety is another factor propelling market expansion.
The Eubiotics market potential in Asia should improve as a result of growing economies and populations in rising nations like China and India. Additionally, the ban on the use of antibiotics as growth promoters, the increase in demand for meat consumption, the demand for feed additives as a result of the rising cost of natural feed products, product innovations, and the growing awareness of the advantages of eubiotics products in animal health are all predicted to create lucrative opportunities for the global eubiotics market. Profitable prospects will arise in the next years as a result of expanding investments and opportunities in the pet animal and animal nutrition industries as well as growing consumer awareness of animal health.
Eubiotics Market Report Highlight:
- By Product Type, the prebiotics segment is anticipated to lead the growth of the Eubiotics market in the forecasted timeframe. Prebiotics with mannan-oligosaccharides (MOS) and inulin are widely used in the animal feed sector. Prebiotic dietary fibers are specifically supplied to animals to increase the release of digestive enzymes, enhance digestion, and aid by boosting the immune system to protect them against environmental conditions.
- By Form, the dry segment is expected to have the highest share of the Eubiotics market over the projected period. Eubiotics in dry form had fewer storage needs, were simpler to carry, and cost less to do so. The product has better stability and longer shelf life in dry form.
- By Function, the nutrition and gut health segment dominates the market growth over the forecast period. Eubiotic solutions are now necessary to regulate gut integrity and functionality since gut infections can result in decreased efficiency, low yield, increased treatment costs, and trade losses.
- By Livestock, the poultry segment is set to develop at the highest share during the forecasted timeframe. Poultry is a livestock that is intensively raised and is consumed widely across the world. Prebiotics and probiotics are widely used in chicken nutrition to support healthy digestion, animal development, and the immune system.
- The Europe region is expected to have the highest share of the Eubiotics market over the projected period. The presence of market participants, significant demand from economies like Germany, the U.K., France, and Spain, and high knowledge of the use of eubiotics and their advantages are the main factors influencing regional demand.
Key Industry Development:
- In January 2023, Cargill and BASF announced the expansion of their current partnership in the creation and sale of feed enzymes in the United States. To help regional producers of animal protein who are struggling to meet the rising demand for animal protein, the firms want to establish a cooperative innovation pipeline. In the Middle East and Africa, Mexico, Portugal, Argentina, and Spain, the alliance has already produced fruitful outcomes.
Eubiotics Market Segmentation:
By Product Type
- Probiotics
- Prebiotics
- Exogenous Enzymes
- Organic Acids
- Others
By Form
- Dry
- Liquid
By Function
- Nutrition & Gut Health
- Production
- Yield
- Immunity
By Livestock
- Ruminant
- Swine
- Poultry
- Aquaculture
For this report, Introspective Market Research has segmented the Eubiotics Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
