Global Eubiotics Market By Product & Growth Analysis 2024 By Top Players Cargill, Danisco Animal Nutrition, DSM, BASF, Lesaffre Group, Chr. Hansen Holdings, Novozymes, Lallemand, Kemin Industries

Growing awareness regarding natural feed additives and their positive impact on livestock has provided a commendable boost to the expansion of the global eubiotics market over the past few years, further supported by large investments in the industry. The increasing population all over the world, particularly in Asia, has surged the consumption of meat and animal products, with a huge portion focusing on the quality of proteins they intake. Stringent regulations implemented by governments worldwide have gradually shifted the preference of feed manufactures towards eubiotics, as they improve feed utilization, resistance to pathogens and growth performance. Rising cases of bird flu, influenzas and other animal diseases have generated concerns about animal productivity and fertility, advocating the need of safer animal feed.

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U.S. eubiotics market demand should surpass USD 1.2 billion by 2024. Ban on antibiotics by FDA in animal nutrition has shifted livestock farmer?s inclination towards NGPs to fulfill animal nutrition requirements thereby promoting product demand. Shifting trends towards cost effective and sustainable farming balancing nutrition should favor regional industry growth.

Essential oil based eubiotics market should surpass USD 1 billion at the end of 2024. Rising usage in animal nutrition owing to anti-oxidant, anti-inflammatory and anti-microbial activities along with imparting freshness in animal derived food products is likely to act as a major driving factor towards product demand.

Eubiotics desired action on animal health and performance needs to be measured and evaluated to examine efficiency of the products. Lack of effective evaluation processes to determine exact efficiency of the products may hamper industry growth. Moreover, essential oil and probiotic strains are hard to maintain owing to standardization issue which may act as another limiting factor industry growth and may incur additional cost affecting eubiotics market price trend.

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India eubiotics market demand should register gains at over 10%. Increasing meat consumption due to prevailing under nutrition condition has led to standardization of meat quality before consumption. Incorporation of feed additives such as eubiotics to ensure meat quality along with longer shelf life to prevent animal borne disease should have positive impact on product demand.

Immunity application is likely to exceed USD 2.2 billion in sales up to 2024. High mortality rate and impaired productivity as a result of emerging livestock diseases may boost product demand. Eubiotics alters gut flora and suppress growth of harmful pathogens along with stimulating immune response thereby promoting industry growth.

Global eubiotics market share is competitive and consolidated. DSM, BASF, Novozymes, Chr. Hansen, Lesaffre Group, Cargill and DuPont are some of the major industry participants. Strong R&D expenditure along with technological advancements should favor industry growth.

Table of Contents

Chapter 1 Eubiotics Market Methodology & Scope

Chapter 2 Eubiotics Market Executive Summary

Chapter 3 Eubiotics Industry Insights

Chapter 4 Eubiotics Market, By Product

Chapter 5 Eubiotics Market, By Form

Chapter 6 Eubiotics Market, By Application

Chapter 8 Eubiotics Market, By Region

Chapter 9 Eubiotics Market Company Profiles.

Outer scope of this report Poultry is a key food source across all regions owing to its vast availability and several health benefits associated with its consumption. In 2017, the total production of eggs in the U.S. was estimated to be around 105 billion, with fresh eggs in retail outlets contributing significant revenues to the segment. A healthy livestock is essential for ensuring high-quality eggs that remain fresh until they are consumed. The European Union is also a major consumer of poultry and it is predicted that by 2027, the consumption volume of poultry meat in the region will reach nearly 14.5 million tons, indicating massive growth prospects for the eubiotics market. Swine applications will also strengthen the industry penetration globally, as pork is reported to be the most eaten animal protein in the world and is also extensively exported.

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