The global eubiotics market size is expected to reach USD 10.89 Billion in 2028 and register a CAGR of 8.0% over the forecast period, according to latest analysis by Emergen Research. Key factors projected to drive market revenue growth include increasing global consumption of meat, specifically chicken, milk, and eggs owing to a rapidly growing global population, shift in dietary preferences, changing food consumption patterns, rising demand for manufactured feed, and increasing awareness about feed quality on livestock health and wellness. In addition, increasing incidence of poultry disease outbreaks have resulted in more stringent regulations and norms being implemented by governments, which is a factor prompting livestock farmers to increase focus on livestock health and shift towards more healthy feeds and additives. Use of traditional antibiotic growth promoters in animal farming has been banned in various countries as it posed health challenges over the years. The ban has resulted in a rapid shift towards eubiotics as an alternative to antibiotics. Manufacturers have introduced targeted solutions to boost the immunity of livestock against bacterial and viral infections, enhance lactose tolerance levels, and improve digestive efficacy.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
BASF SE, Novus International Inc., Cargil Inc., Lallemand Inc., Koninklijke DSM NV, Kemin Industries, Yara International ASA, Lesaffre Group, Behn Meyer Group, DuPont
Radical Features of the Eubiotics Market Report:
- The report encompasses Eubiotics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Eubiotics industry
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Segmentation:
-
Product Outlook (Revenue, USD Billion; 2018–2028)
- Probiotics
- Prebiotics
- Organic Acids
- Essential Oils
- Exogenous Enzymes
-
Form Outlook (Revenue, USD Billion; 2018-2028)
- Solid
- Liquid
-
Application Outlook (Revenue, USD Billion; 2018-2028)
- Gut Health
- Immunity
- Yield
- Production
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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