Global Eubiotics Market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

What Is The Size Of Global Eubiotics Industry?

Global Eubiotics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 8 Bn by 2028.

The Eubiotics Market is largely driven by rise in demand for animal protein, the rise in demand for produced feed, and the restriction on antibiotics.

The rising awareness of the quality and safety of feed additives is boosting the global market. Furthermore, it is thought that feed additives' significant health advantages will continue to drive the global market's rise. The Eubiotics industry is expanding significantly due to rising demand for animal protein, produced feed, and the replacement of antibiotic growth promoters (AGPs) with Eubiotics.

One of the biggest obstacles facing the Eubiotics market during the forecast period is the increasing illness outbreaks in cattle. Further, the growing cost of Eubiotics' raw materials may present difficulties for the global market.

The COVID-19 pandemic had a marginal effect on the Eubiotics market. The industry experienced a mixed response as a result of the social limitations in the key markets, which cost the company money. However, the pandemic led to more knowledge of the harmful effects of antibiotics on animals, which favorably impacted the market's expansion.

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Global Eubiotics Market By Product Type

The Global Eubiotics market is segmented by Product type into Probiotics, Prebiotics, Organic Acids, Essential Oil and Others.

Probiotics segment held the largest market share in 2022, This is ascribed to growing consumer awareness of the use of probiotics in animal feed, continued R&D efforts to create effective solutions, and extensive product portfolios offered by key industry players.

Additionally, it is anticipated that the numerous animal applications, including immune enhancement and gut health maintenance, will positively affect market demand.

Due to the usage of live microorganisms and enhanced benefits for the gastrointestinal system, probiotics are expected to grow the fastest during the anticipated timeframe.

Global Eubiotics Market By Form

The Global Eubiotics market is segmented by form into Dry and Liquid.

Drysegment held the largest market share in 2022, this significant percentage is explained by its benefits, such as improved defense against light and moisture exposure.

Flakes, beadlets, and cross-linked beadlets are examples of Dry forms. Beadlet technology reliably shields the active components from thermal and mechanical stress, enhancing their stability and bioavailability for use in the manufacturing of feed.

Due to longer shelf lives than liquid Eubiotics and increased use of feed additive products, the dry segment is expected to grow the most during the anticipated period.

Global Eubiotics Market By Function

The Global Eubiotics market is segmented by Function into Nutrition & Gut Health, Yield, Immunity and Production.

The nutrition and gut health segment held the largest market share in 2022, the causes can be linked to the effectiveness of Eubiotics in improving gut health and the creation of effective eubiotic carrier mediums for improved distribution in the intestinal system.

Its substantial share can be attributed to the fact that animals frequently experience problems with their digestive systems as well as the rising popularity of preventative healthcare.

Eubiotics are used to improve the health and performance of farmed animals. The antibacterial actions and the product's capacity to change gut flora are what determine its effectiveness most of all. Fructo-oligosaccharide, beta-glucan, probiotics, mannan-oligosaccharide, and prebiotics are all known to improve gut health.

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Global Eubiotics Market By Livestock

The Global Eubiotics market is segmented by Livestock into Cattle, Poultry, Swine, Aquatic and Others.

The poultry segment held the largest market share in 2022, due to the rise in chicken consumption, the improvement of poultry bird health, and the provision of protein.

The rising demand and consumption of chicken, turkey, duck, and boilers worldwide are responsible for its significant share. Of these, chicken meat is the most popular since it is inexpensive compared to other meats, has a low-fat content, and is consumed with fewer religious and cultural restrictions.

Pork consumption is rising, forcing farmers to create high-quality, disease-free meat products for animal consumption. As a result, the need for feed additives is growing.

Key Topics Covered in the Report

Snapshot of the Global Eubiotics Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Eubiotics Market
Historic Growth of the Overall Global Eubiotics Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Eubiotics Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Eubiotics Market
Future Market Forecast and Growth Rates of the Total Global Eubiotics Market and by Segments
Market Size of Function Segments with Historical CAGR and Future Forecasts
Analysis of Global Eubiotics in Major Regions
Major Type/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

DSM
Novus International, Inc.
Lallemand, Inc.
Behn Meyer
Lesaffre Group
Kemin Industries, Inc.
Novozymes
Chr. Hansen Holding A/S
BASF SE
Cargill, Incorporated

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Notable Emerging Companies Mentioned in the Report

Bluestar Adisseo Co
Biomin
Roquette Frères
Associated British Foods plc
Evonik Industries AG

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Eubiotics Manufacturers
Eubiotics Association
Research & Development Institutes for Eubiotics
Eubiotics Materials and Ingredients Suppliers
Eubiotics Distributors
Probiotics Manufacturers
Investment Banks Targeting Eubiotics Market
Food Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Government & Regulatory Authorities
Investors in Food Start-ups
Start-ups & Incumbents in Food Sector
Certification & Inspection Companies
F&B Marketing Agencies

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https://www.kenresearch.com/business-research/global-eubiotics-market-outlook-2028/

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This release was published on openPR.