MarkWide Research

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 310-961-4489

24/7 Customer Support

All our reports can be tailored to meet our clients’ specific requirements, including segments, key players and major regions,etc.

Animal Eubiotics Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032

Published Date: January, 2024
Base Year: 2023
Delivery Format: PDF+Excel
Historical Year: 2017-2023
No of Pages: 263
Forecast Year: 2024-2032
SKU a911617ed771 Category

Corporate User License

$3,450.00

The global animal eubiotics market is a rapidly growing sector that focuses on improving animal health and productivity through the use of eubiotic products. Eubiotics are a group of feed additives that have a positive impact on animal gut health and overall well-being. These products include probiotics, prebiotics, and organic acids.

In recent years, the demand for animal eubiotics has been increasing due to growing awareness about the benefits of these products. The animal eubiotics market is expected to reach a value of USD 8.02 billion by 2027, growing at a CAGR of 7.1% from 2020 to 2027.

Eubiotics are a group of feed additives that promote animal health by balancing the gut microbiota. The gut microbiota is a complex community of microorganisms that reside in the animal’s digestive tract. A healthy gut microbiota is essential for proper digestion and nutrient absorption, as well as for maintaining a healthy immune system.

Eubiotics work by promoting the growth of beneficial bacteria in the gut, such as Lactobacillus and Bifidobacterium, while inhibiting the growth of harmful bacteria, such as E. coli and Salmonella. This results in improved gut health, which leads to better animal health and productivity.

Executive Summary:

The global animal eubiotics market is expected to grow at a CAGR of 7.1% from 2020 to 2027, reaching a value of USD 8.02 billion by 2027. The increasing demand for animal eubiotics is driven by growing awareness about the benefits of these products in improving animal health and productivity. The market is segmented by product type, form, livestock, and region.

Animal Eubiotics Market

Key Market Insights:

  1. Probiotics are the most widely used eubiotic product due to their ability to improve gut health and boost immunity.
  2. The dry form of eubiotic products is the most commonly used form due to its longer shelf life and ease of storage.
  3. Poultry is the largest livestock segment for eubiotic products, followed by swine and cattle.
  4. Europe is the largest market for eubiotic products, followed by Asia Pacific and North America.

Market Analysis:

The global animal eubiotics market is expected to grow at a CAGR of 7.1% from 2020 to 2027. The market is segmented by product type, form, livestock, and region.

By product type, the market is segmented into probiotics, prebiotics, and organic acids. Probiotics are the most widely used eubiotic product due to their ability to improve gut health and boost immunity. Prebiotics are used to stimulate the growth of beneficial bacteria in the gut, while organic acids are used to control the growth of harmful bacteria.

By form, the market is segmented into dry and liquid. The dry form of eubiotic products is the most commonly used form due to its longer shelf life and ease of storage. Liquid eubiotic products are more expensive and have a shorter shelf life, but they are easier to mix with feed.

By livestock, the market is segmented into poultry, swine, ruminants, aquaculture, and others. Poultry is the largest livestock segment for eubiotic products, followed by swine and cattle. The increasing demand for poultry products, such as eggs and meat, is driving the demand for eubiotic products in this segment.

By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the largest market for eubiotic products, followed by Asia Pacific and North America

Market Drivers:

The growing demand for animal protein and dairy products is driving the demand for eubiotic products in the animal feed industry. As the global population continues to grow, the demand for animal protein is expected to increase, leading to a greater demand for animal eubiotics.

In addition, the increasing concern for animal health and welfare is also driving the demand for eubiotic products. The use of antibiotics in animal feed has come under scrutiny due to the development of antibiotic-resistant bacteria, which can pose a threat to human health. Eubiotics provide an alternative to antibiotics, promoting animal health without the risk of antibiotic resistance.

Market Restraints:

The high cost of eubiotic products compared to conventional feed additives is a major restraint for the animal eubiotics market. Eubiotics are more expensive due to the research and development required to develop these products and the cost of producing them.

In addition, the lack of awareness about the benefits of eubiotic products among small-scale farmers and the absence of a regulatory framework for eubiotics in some countries is also a restraint for the market.

Market Opportunities:

The growing demand for organic and natural feed additives is creating opportunities for eubiotic products. Consumers are becoming more conscious of the quality of food they consume, leading to a demand for organic and natural products.

In addition, the use of eubiotic products in aquaculture is a growing opportunity for the animal eubiotics market. The aquaculture industry is expected to grow due to the increasing demand for seafood, leading to a greater demand for eubiotic products in this segment.

Market Dynamics:

The global animal eubiotics market is a dynamic and growing sector. The market is driven by the increasing demand for animal protein and dairy products, as well as the growing concern for animal health and welfare. The market is also influenced by the cost of eubiotic products, the lack of awareness about the benefits of eubiotics among small-scale farmers, and the regulatory framework for eubiotics in some countries.

Regional Analysis:

Europe is the largest market for eubiotic products, followed by Asia Pacific and North America. Europe has a well-established animal feed industry and a high level of awareness about the benefits of eubiotic products. The Asia Pacific region is expected to grow at the highest CAGR due to the increasing demand for animal protein and dairy products in this region.

Competitive Landscape:

The animal eubiotics market is highly competitive, with a large number of players operating in the market. Some of the key players in the market include DSM, BASF SE, Novus International Inc., Chr. Hansen Holding A/S, and Cargill, Incorporated.

Report Segmentation:

The global animal eubiotics market is segmented by product type, form, livestock, and region. By product type, the market is segmented into probiotics, prebiotics, and organic acids. By form, the market is segmented into dry and liquid. By livestock, the market is segmented into poultry, swine, ruminants, aquaculture, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Category-wise Insights:

Poultry is the largest livestock segment for eubiotic products, followed by swine and cattle. Probiotics are the most widely used eubiotic product due to their ability to improve gut health and boost immunity. The dry form of eubiotic products is the most commonly used form due to its longer shelf life and ease of storage. Europe is the largest market for eubiotic products, followed by Asia Pacific and North America.

Key Benefits for Industry Participants and Stakeholders:

  1. Improved animal health and productivity
  2. Reduced use of antibiotics
  3. Increased demand for organic and natural feed additives 4. Increased profitability for farmers and animal feed manufacturers
  1. Increased consumer demand for quality animal products

SWOT Analysis:

Strengths:

  1. Improves animal health and productivity
  2. Provides an alternative to antibiotics
  3. Increasing demand for eubiotic products

Weaknesses:

  1. High cost compared to conventional feed additives
  2. Lack of awareness about the benefits of eubiotic products among small-scale farmers
  3. Regulatory framework for eubiotics in some countries

Opportunities:

  1. Growing demand for organic and natural feed additives
  2. Use of eubiotic products in aquaculture
  3. Expansion of the animal feed industry

Threats:

  1. Competition from conventional feed additives
  2. Lack of research and development in some regions
  3. Risk of contamination of eubiotic products

Market Key Trends:

  1. Growing demand for natural and organic feed additives
  2. Increased focus on animal welfare and health
  3. Rising demand for high-quality animal protein and dairy products
  4. Increasing use of eubiotic products in aquaculture
  5. Growing adoption of eubiotics in developing countries

Covid-19 Impact:

The Covid-19 pandemic has had a limited impact on the animal eubiotics market. The demand for animal protein and dairy products has remained stable, leading to a steady demand for eubiotic products.

However, the pandemic has disrupted the supply chain for eubiotic products, leading to delays in product delivery and increased prices. The closure of borders and restrictions on international trade have also impacted the market, leading to a shift towards local sourcing of eubiotic products.

Key Industry Developments:

  1. DSM acquired the animal nutrition division of Erber Group in 2020, expanding its eubiotics portfolio.
  2. Chr. Hansen Holding A/S launched a new eubiotic product, GalliPro Max, in 2019, targeting the poultry market.
  3. Novus International Inc. launched a new eubiotic product, Next Enhance 150, in 2018, targeting the swine market.

Analyst Suggestions:

  1. Focus on research and development to develop new and innovative eubiotic products.
  2. Increase awareness about the benefits of eubiotic products among small-scale farmers.
  3. Establish a regulatory framework for eubiotics in developing countries.
  4. Expand the use of eubiotic products in aquaculture.

Future Outlook:

The global animal eubiotics market is expected to continue to grow in the coming years. The increasing demand for animal protein and dairy products, as well as the growing concern for animal health and welfare, will drive the demand for eubiotic products.

The market is expected to be driven by innovation in product development and expansion of the animal feed industry. The use of eubiotic products in aquaculture is also expected to create opportunities for market growth.

Conclusion:

The animal eubiotics market is a growing sector that focuses on improving animal health and productivity through the use of eubiotic products. The market is driven by the increasing demand for animal protein and dairy products, as well as the growing concern for animal health and welfare.

The market is highly competitive, with a large number of players operating in the market. The market is segmented by product type, form, livestock, and region. The market is expected to continue to grow in the coming years, driven by innovation in product development and expansion of the animal feed industry.

Animal Eubiotics Market

Segmentation Details
Type Probiotics, Prebiotics, Organic Acids, Essential Oils, Others
Livestock Poultry, Swine, Ruminants, Aquaculture, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Leading companies in the Animal Eubiotics Market:

  1. Chr. Hansen Holding A/S
  2. Cargill, Incorporated
  3. DSM Nutritional Products AG
  4. BASF SE
  5. Novozymes A/S
  6. Kemin Industries, Inc.
  7. Novus International, Inc.
  8. Adisseo
  9. Lallemand Inc.
  10. Lesaffre et Compagnie

North America
o US
o Canada
o Mexico

Europe
o Germany
o Italy
o France
o UK
o Spain
o Denmark
o Sweden
o Austria
o Belgium
o Finland
o Turkey
o Poland
o Russia
o Greece
o Switzerland
o Netherlands
o Norway
o Portugal
o Rest of Europe

Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Kazakhstan
o Taiwan
o Vietnam
o Thailand
o Philippines
o Singapore
o Australia
o New Zealand
o Rest of Asia Pacific

South America
o Brazil
o Argentina
o Colombia
o Chile
o Peru
o Rest of South America

The Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Israel
o Kuwait
o Oman
o North Africa
o West Africa
o Rest of MEA

Important Questions Covered in this Study

Why Choose MWR ?

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations.

Unlimited User Access

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions.

Free Company Inclusion

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges.

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met.

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis.

Client Associated with us

GET A FREE SAMPLE REPORT

This free sample study provides a complete overview of the report, including executive summary, market segments, competitive analysis, country level analysis and more.

Client Testimonials

GET A FREE SAMPLE REPORT

This free sample study provides a complete overview of the report, including executive summary, market segments, competitive analysis, country level analysis and more.

error: Content is protected !!
Scroll to Top

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF
This website is safe and your personal information will be secured. Privacy Policy
Request for Discount
This website is safe and your personal information will be secured. Privacy Policy
Speak to Analyst
This website is safe and your personal information will be secured. Privacy Policy

Download Free Sample PDF