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Strong Growth Ahead: Eubiotics Market Size To Grow At Arecord 8.8% Cagr By 2029
Eubiotics
How Big Is the Eubiotics Market Size Expected to Be by 2034?
In the past few years, there has been a significant increase in the size of the eubiotics market. Its growth, which is forecasted to go from $5.85 billion in 2024 to $6.38 billion in 2025, will be at a compound annual growth rate (CAGR) of 9.0%. Factors contributing to this growth during the historical period include increased consumer knowledge about healthy eating, attention to the health and performance of livestock, worries about antibiotic resistance, a rise in meat consumption, and investments in research and development.
Expectations are high for the eubiotics market size as it is predicted to experience significant growth in the years to come. By 2029, it is anticipated to expand to a value of $8.95 billion, with a compound annual growth rate (CAGR) of 8.8%. The projected growth during this forecast period can be associated with the rise of eubiotic blends, the increased interest in sustainable agriculture, the growth of the dairy industry, its use in horse nutrition, the incorporation of prebiotics and postbiotics and the heightened demand for products free of antibiotics. Key trends for the forecast period will include a shift away from antibiotic growth promoters (AGPs) to prebiotics and probiotics, the regulatory focus on reducing antibiotic use, innovations in microbial solutions, sustainable and eco-friendly initiatives, expansion in the realm of aquaculture applications, and collaborations and partnerships.
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What Are the Emerging Segments Within the Eubiotics Market?
The eubiotics market covered in this report 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, Other Livestock
Subsegments:
1) By Probiotics: Bacterial Probiotics, Yeast Probiotics
2) By Prebiotics: Fructooligosaccharides (FOS), Galactooligosaccharides (GOS), Inulin
3) By Organic Acids: Lactic Acid, Acetic Acid, Propionic Acid
4) By Essential Oils: Plant-Derived Essential Oils, Extracts With Antimicrobial Properties
5) By Enzymes: Digestive Enzymes, Feed Enzymes
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What Long-Term Drivers Are Shaping Eubiotics Market Trends?
The forecasted expansion of the eubiotics market is set to be propelled by the growing livestock population. Livestock covers a variety of animal breeds, both domestic and wild, bred for commercial profit. The number of livestock animals is mounting due to their utilization for commercial gains, like selling milk, eggs, chicken, and fibrous products. For example, in May 2024, a report from the Brazilian Institute of Geography and Statistics revealed that Institute Brazil slaughtered approximately 57.17 million hogs and pigs, slightly falling to 13.92 million in the first quarter of 2024. This represents a 1.8% decline from the same period in 2023. Despite this, the nation continues to be a key contributor, exporting extensive quantities of pork, chicken, and beef worldwide, specifically to markets such as China and the Middle East. Thus, the escalating commercial utilization of livestock animals is predicted to push the growth of the eubiotics market in the forthcoming years.
Who Are the Top Competitors in Key Eubiotics Market Segments?
Major companies operating in the eubiotics market are BASF SE, Koninklijke DSM NV, Lallemand Inc., Novus International Inc., Chr Hansen Holding A/S, Cargill Inc., Lesaffre Group, Kemin Industries Inc., Evonik Industries AG, Archer Daniels Midland Company, Beneo GmbH, BioResource International Inc., Biomin Holding GmbH, Bluestar Adisseo Company, Dupont Nutrition & Biosciences, Nutreco NV, Pancosma SA, Synbio Tech Inc., Vetagro SpA, Zinpro Corporation, Alltech Inc., Impextraco NV, Nuscience Group, Olmix Group
What Eubiotics Market Trends Are Gaining Traction Across Different Segments?
One of the primary trends in the eubiotics market is product innovation. Major market players are concentrating on the development of novel products to enhance the quality of feed additives in eubiotic products. Superior-grade nutrients like probiotics, serve as feed additives that boost animal performance by amplifying gut health. For example, in October 2022, APC Europe S.L.U., a company based in Spain that specializes in producing premium feed additives, introduced APPETEIN GS, a granulated plasma component. This product is specifically developed to increase flowability and diminish dust in feed recipes, while being made of 100% porcine proteins, with the aim of enhancing animal welfare and gut health.
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Which Regions Are Becoming Hubs for Eubiotics Market Innovation?
Europe was the largest region in the eubiotics market in 2024. The regions covered in the eubiotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Eubiotics Market?
2. What is the CAGR expected in the Eubiotics Market?
3. What Are the Key Innovations Transforming the Eubiotics Industry?
4. Which Region Is Leading the Eubiotics Market?
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