Increasing awareness about feed quality and livestock health and ban on use of traditional antibiotic growth promoter are some key factors driving growth of the eubiotics market
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.
The latest market intelligence report, titled ‘Global Eubiotics Market’, is intended to provide the target audience with the necessary information about the global Eubiotics industry.
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.
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The poultry segment is expected to register the highest revenue CAGR during the forecast period owing to increasing meat and egg consumption globally. Major factors driving revenue growth of this growth are increasing global population and rising demand for high quality meat.
Key players in the global eubiotics market are BASF SE, Novus International, Lallemand Inc., Cargill Inc., Koninklijke DSM NV, Kemin Industries, Lesaffre Group, Behn Mayer Group, Yara International ASA, and DuPont.
The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Eubiotics market players.
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The research study presents an industry-wide summary of the Eubiotics market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Eubiotics7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Eubiotics market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
Emergen Research has segmented the eubiotics market on the basis of product, form, application, end-use, and region:
- Product Outlook (Revenue, USD Billion; 2018–2028)
- Organic Acids
- Essential Oils
- Exogenous Enzymes
- Form Outlook (Revenue, USD Billion; 2018-2028)
- Application Outlook (Revenue, USD Billion; 2018-2028)
- Gut Health
- End-use Outlook (Revenue, USD Billion; 2018–2028)
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The Eubiotics industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- 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)
Key Questions Answered in the Report:
- What is the growth rate of the Eubiotics market? What is the anticipated market valuation of the Eubiotics industry by 2027?
- What are the key growth driving and restraining factors of the Eubiotics market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Eubiotics industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content Eubiotics market”:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Eubiotics Market Segmentation & Impact Analysis
4.1. Eubiotics Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Increasing awareness about the feed quality and safety
22.214.171.124. Governmental support and stringent rules and regulations regarding the use of AGP
126.96.36.199. Rising population and global meant consumption
188.8.131.52. Rising demand for manufactured feed
4.2.3. Market restraints analysis
184.108.40.206. High demand for eubiotics in other application like in medicines and beverages for humans
220.127.116.11. Trade complexities due to stringent rules and regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Eubiotics Market Product Insights & Trends, Revenue (USD Billion)
5.1. Product Dynamics & Market Share, 2021 & 2028
5.1.3. Organic Acids
5.1.4. Essential Oils
5.1.5. Exogenous Enzymes
Chapter 6. Eubiotics Market Form Insights & Trends, Revenue (USD Billion)
6.1. Form Dynamics & Market Share, 2021 & 2028
Chapter 7. Eubiotics Market Application Insights & Trends, Revenue (USD Billion)
7.1. Application Dynamics & Market Share, 2021 &2028
7.1.1. Gut Health
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