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Eubiotics Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | BASF SE, Royal DSM, Lallemand Inc., Novus International Inc., Chr Hansen Holding A/S, Lesaffre Group
Eubiotics Global Market
The Business Research Company's Eubiotics Global Market Report 2023 identifies surge in the livestock population base in the eubiotics market is expected to drive the market's growth during the forecasting period. Livestock refers to various breeds of various animals that are raised for commercial purposes, including domestic and wild animals. The population of livestock animals is increasing due to the use of animals for commercial purposes, such as the sale of milk, eggs, chicken, and fibre products.
The global eubiotics market size is expected to grow from $4.94 billion in 2022 to $5.41 billion in 2023, at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The eubiotics market is expected to reach $7.49 billion in 2027 at a compound annual growth rate (CAGR) of 8.5%.
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Major players in the eubiotics market are BASF SE, Royal DSM, Lallemand Inc., Novus International Inc., Chr Hansen Holding A/S, Lesaffre Group, Cargill Incorporated, Novozymes, DuPont Nutrition & Biosciences, Advanced BioNutrition Corporation, Addcon GmbH, Behn Meyer, Calpis, Behn Meyer, Associated British Foods plc, Evonik Industries, ASAHI GROUP HOLDINGS Ltd., Behn Meyer, Roquette Frères, Friesland Campina, and Neospark Drugs and Chemicals Private Limited.
A key trend in the Eubiotics market includes the product innovation is a key trend in the eubiotics market. Major players in the market are focusing on creating innovative products to increase the quality of feed additives in eubiotic products. High-quality nutrients, such as probiotics, are feed additives that improve animal performance by enhancing gut health.
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The Eubiotics market is segmented -
1) By Product Type: Probiotics, Prebiotics, Organic Acids, Essential Oils, Enzymes
2) By Function: Gut And Digestive Health, General Health And Wellness, Immunity
3) By Form: Dry, Liquid
4) By Livestock: Cattle, Poultry, Swine, Aquaculture, and Other Livestock
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Eubiotics market.
The Business Research Company's "Global Eubiotics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Eubiotics Market Include:
1. Executive Summary
2. Eubiotics Market Characteristics
3. Eubiotics Market Trends And Strategies
4. Eubiotics Market - Macro Economic Scenario
5. Eubiotics Market Size And Growth
……
27. Eubiotics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Eubiotics Market
29. Eubiotics Market Future Outlook and Potential Analysis
30. Appendix
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