Global Eubiotics Market Size to Grow at a CAGR of 7.43% by 2030

The global eubiotics market size was worth around USD 5.90 Billion in 2021 and is projected to grow around USD 10.10 Billion by 2030, with a compounded annual growth rate (CAGR) of roughly 7.43% from 2022 to 2030.

Eubiotics are natural digestive stimulants that tend to enhance the overall functioning of the immunity system in animals. Eubiotics develop a favorable blend of microflora in the animal's gastrointestinal tract that aids in providing numerous curative and restorative perks, improving the health of livestock. They usually include feed additives that are essentially used as growth stimulators, playing a major role in helping the health of livestock. This results in improved livestock productivity, warding off a range of livestock or animal diseases. Eubiotics are widely used as an alternative to antibiotics in animal feed, and hence they also provide adequate nutrient absorption in an animal body.

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The demand in the global eubiotics market is expected to surge due to an increase in the adoption and awareness about the importance of better feed quality, nutrition, and protein for animals. Providing proper feed quality to animals plays a major role in maintaining the overall health of the animals as they not only help in providing necessary immunity and maintaining overall gut or digestive health in animals but also help in keeping away a range of diseases. Besides, an increase in the livestock population base and an increase in the consumption of meat among people across the globe will drive the growth of the market during the forecast period.

Furthermore, a remarkable increase in investment and expenditure for animal consumption and research development for maintaining both animal's and people's health leading to the large-scale industrialization of the livestock industry further creates ample opportunities for the growth of the market during the forecast period. However, the presence of strict rules and regulations from the government regarding the application and approval of various eubiotic products, numerous complexities in trade, and growing cases of diseases in livestock impede the growth of the market to an extent during the forecast period.

The global eubiotics market is segmented based on type, form, livestock, function, and region.

Based on function, the global market is bifurcated into nutrition & gut health, yield, immunity, and production. The nutrition and gut health segment held the largest market share in 2021, holding more than 34% of the market share, and is further predicted to grow at a significant CAGR during the forecast period. The major reason for the growth of this segment is the increase in the prevalence of gut health issues among animals, and hence there is a growing infliction towards adopting preventive and curative health care.

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Eubiotic products play an important role in accumulating the production of microbiota in the gastrointestinal tract of the animal, which results in an improved immunity system and digestion for the overall well-being of animals. Products such as organic acids, essential oils, prebiotics, and probiotics are quite advantageous for providing necessary gut integrity in animals. They can either be used individually or in combination to attain optimum results. The effectiveness of these products depends on the ability to change gut flora and the presence of antimicrobial effects it offers. Thus, an increase in the use of eubiotics to provide essential nutrition and gut health to animals drive the growth of the segment during the forecast period.

Geographically, in the global eubiotics market, the Europe market accounted for the highest share in 2021, occupying over 42%, and is further predicted to cite a remarkable CAGR during the forecast period. This is mainly attributed to the significant surge in livestock production in the region due to an increase in the consumption of meat and processed food in the form of meat in countries such as Italy, Germany, and France. Thus, more and more producers in this region are incessantly focusing on sourcing healthy and disease-free animal products. Asia-Pacific region, on the other hand, is also considered one of the fastest-growing markets around the world due to the increased focus on animal health and hygiene in the region. This has rapidly boosted the demand for feed additives in the region. Besides, the increase in the consumption of beef and pork in countries such as China, Japan, and South Korea further drives the demand for animal feed and additives in the region.

This review is based on a report by Zion Market Research, titled "Eubiotics Market By Type (Probiotics, Prebiotics, Essential Oils, Organic Acids), By Form (Solid, Liquid), By Livestock (Poultry, Swine, Ruminants, Aquatic Animals), By Function (Nutrition & Gut Health, Yield, Immunity, Production), and By Region- Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/eubiotics-market

Recent Developments:

In July 2021, Koninklijke DSM N.V, a Netherlands-based multinational corporation that is engaged in the fields of materials, health, and nutrition, announced that they have acquired Midori USA, Inc., a biotechnological start-up company that is engaged in developing innovative targeted eubiotics that significantly enhance the environmental impact and health of the animals. The use of eubiotics has gained massive traction since farming practices have strived to become more sustainable, apart from adopting antibiotic alternatives. DSM mentioned that they are working to launch, Symphiome, its first targeted glycan with Midori, which will be the first product from the collaboration. It is specially created to greatly influence functional modulation of the gut microbiome so as to appreciably ameliorate gut health and feed efficiency whilst exempting from the use of antibiotics. It will also reduce wasteful emissions from animal farming.

In January 2021, Novus International, Inc., a dominant player that provides nutrition and health solutions in the animal agriculture industry, announced that they have partnered with Agrivida, a Massachusetts-based biotech innovator, in order to expand their customer base as well as implore pristine and creative products and solutions with the help of R&D collaboration.

The global eubiotics market is dominated by players such as:

DSM
Novozymes
Kemin Industries Inc.
Roquette Frères
FrieslandCampina
Neospark Drugs and Chemicals Private Limited
ASAHI GROUP HOLDINGS Ltd.
Lesaffre
MSPrebiotics Inc.
ADM
Lallemand Inc.
BEHN MEYER
NOVUS INTERNATIONAL
BENEO
Yara
Cargill
Incorporated
BASF SE
Chr. Hansen Holding A/S
ADDCON GmbH

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The global eubiotics market is segmented as follows:

By Type

Probiotics
Prebiotics
Essential Oils
Organic Acids
By Form

Solid
Liquid
By Livestock

Poultry
Swine
Ruminants
Aquatic Animals
By Function

Nutrition & Gut Health
Yield
Immunity
Production
By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

FREQUENTLY ASKED QUESTIONS

Which key factors will influence the global eubiotics market growth over 2022-2030?
What will be the value of the global eubiotics market during 2022-2030?
Which region will contribute notably towards the eubiotics market value?
Which are the major players leveraging the global eubiotics market?

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