The global eubiotics market size is expected to reach USD 10.89 Billion in 2028 and register a CAGR of 8.0% over the forecast period, according to latest analysis by Emergen Research. A rapidly expanding worldwide population, changes in dietary preferences, shifting food consumption patterns, increased demand for manufactured feed, and growing awareness of the impact of feed quality on livestock health and wellbeing are some of the key drivers predicted to drive market revenue growth.
Additionally, as outbreaks of poultry disease have become more frequent, governments have adopted stricter laws and standards, which has led livestock farmers to place a greater emphasis on the welfare of their animals and switch to healthier feeds and additives. Many nations have outlawed the use of conventional antibiotic growth promoters in animal production because they posed health risks over time.
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The restriction has caused a quick movement away from antibiotics and toward eubiotics. Manufacturers have produced tailored remedies to raise the immunity of livestock against bacterial and viral diseases, enhance lactose tolerance levels, and improve digestive effectiveness.
Due to rising meat and egg consumption around the world, the poultry segment is anticipated to grow at the greatest rate in terms of revenue over the forecast period. The rising demand for premium meat and the growing world population are the main drivers of this development in revenue.
The Eubiotics research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.
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Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Eubiotics market.
The report marks the notable developments that have recently taken place in the Eubiotics industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Eubiotics market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
Key players in the Eubiotics market include
BASF SE,
Novus International,
Lallemand Inc.,
Cargill Inc.,
Koninklijke DSM NV,
Kemin Industries,
Lesaffre Group,
Behn Mayer Group,
Yara International ASA, and
DuPont.
Emergen Research has segmented the eubiotics market on the basis of product, form, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
Probiotics
Prebiotics
Organic Acids
Essential Oils
Exogenous Enzymes
Form Outlook (Revenue, USD Billion; 2018-2028)
Solid
Liquid
Application Outlook (Revenue, USD Billion; 2018-2028)
Gut Health
Immunity
Yield
Production
End-use Outlook (Revenue, USD Billion; 2018–2028)
Poultry
Swine
Ruminant
Aquaculture
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Global Eubiotics Market Geographical Landscape - Synopsis:
The global Eubiotics market's growth trajectory is thoroughly examined in the report. It highlights the dominant regional markets in North America, Asia Pacific, Europe, Latin America, and the Middle East Africa on a worldwide scale.
The analysis goes into detail on the significant data relating to the regional market share. In addition, it concentrates on key information regarding the trends in regional market growth.
The research also includes a thorough geographical analysis of the industry, highlighting the opportunities for company growth and the challenges presented by each of the major market areas.
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