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Animal Eubiotics Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

Published Date: October, 2022
No of Pages: 164
Delivery Format: PDF+Excel

$2,950.00

In the upcoming years, the market for animal eubiotics is anticipated to expand rapidly. This is primarily a result of individuals being more aware of the advantages of utilising eubiotics on animals. Eubiotics are essentially a category of goods that support animal health by giving them the essential nutrients. Probiotics, prebiotics, and enzymes are some of the most widely used eubiotics items.

Live bacteria known as probiotics are advantageous to the host animal. They aid in enhancing nutrient digestion and absorption as well as immune system stimulation. Prebiotics are non-digestible dietary components that aid in fostering probiotic growth. The biological catalysts known as enzymes aid in the digestion of food.

The Animal Eubiotics Market is divided into regions, product types, and animal types. Probiotics, prebiotics, and enzymes are the three main product categories in the market. Further divisions of probiotics include Lactobacillus, Bifidobacterium, and Streptococcus. Fructooligosaccharides, galactooligosaccharides, and inulin are further categories for prebiotics. The market is segmented into ruminants, poultry, swine, aquaculture, and other animal types.

The animal eubiotics market is divided into five geographic segments: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The United States, Canada, and Mexico make up the remainder of North America. Germany, France, the United Kingdom, Italy, and Spain are further subdivided into Europe. China, India, Japan, Australia, and New Zealand make up the remainder of the Asia-Pacific region. Brazil, Argentina, and Colombia are further subdivided into Latin America.

Animal Eubiotics Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2023
BASE YEAR2022
FORECAST YEAR2030
HISTORICAL YEAR2017-2022
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Restrictions for Animal Eubiotics Market
In the upcoming years, the animal eubiotics market is anticipated to expand significantly. The market is fueled by the rising demand for animal feed and the rising public consciousness of eubiotics’ advantages. The market is constrained, nevertheless, by farmers’ lack of awareness and the high price of eubiotics.
1) Farmers’ lack of awareness
The lack of understanding among farmers is one of the main factors limiting the expansion of the animal eubiotics business. Due to a lack of knowledge about the advantages of eubiotics, they are not frequently employed in animal feed. Eubiotics’ expensive price is yet another barrier to widespread use. Due to a lack of knowledge about the advantages of eubiotics, farmers frequently hesitate to invest in them.
2) Cost of Eubiotics is High
The high cost of eubiotics is another significant barrier to the expansion of the animal eubiotics business. Eubiotics typically cost more than other feed additives because of the complicated production process they use. Additionally, the high price of eubiotics prevents small-scale farmers from adopting them. Due to the rising demand for animal feed and the rising public awareness of the advantages of eubiotics, the market for animal eubiotics is anticipated to experience rapid expansion in the upcoming years. The market is constrained, nevertheless, by farmers’ lack of awareness and the high price of eubiotics.

Key Trends in the Animal Eubiotics Market
During the anticipated period, the market for animal eubiotics is anticipated to expand at a CAGR of 7.8%. (2020-2025)
The market for animal eubiotics is expanding as a result of a number of factors, including the rising demand for food products made from animals, more knowledge of the health advantages of eubiotics, and the rising acceptance of natural and organic goods. The following are some of the major market trends for animal eubiotics:

1. One of the major factors propelling the animal eubiotics market is the increasing demand for food products obtained from animals. The demand for food generated from animals is mostly driven by the growing population and the taste for meat and dairy products.

2. The market for animal eubiotics is expanding as more people become aware of the health benefits of eubiotics. Eubiotics are well known for enhancing immunity, fostering development, and enhancing gut health.

3. The market for animal eubiotics is expanding as a result of the rising demand of natural and organic goods. The market for animal eubiotics is being driven by consumers’ increased preference for natural and organic products free of synthetic additives and preservatives.

4. The market for animal eubiotics is expanding as a result of the growing emphasis on animal welfare. The introduction of eubiotics, which are known to enhance animals’ health and well-being, is a result of growing concern for animal welfare.

5. The market for animal eubiotics is expanding as a result of increased expenditure in research and development. New and better eubiotics products are being developed as a result of the increasing expenditure in research and development.

Forces for Animal Eubiotics Market
From 2018 to 2025, the market for animal eubiotics is anticipated to expand at a CAGR of 6.6%. The market is being driven by the rising demand for probiotics for animal feed, the growth in the number of animals and the increased public awareness of animal health. The primary barrier to the expansion of the animal eubiotics business, however, is the high price of these products.

Due to the rise in demand for wholesome, nutritious food, there is an increase in the demand for probiotics for animal feed. Probiotics for animal feed are living microorganisms that, when given in sufficient doses, improve the host’s health. It is well established that probiotics benefit animal health by boosting the immune system, lowering the risk of illness, and enhancing digestion.
Due to the rising demand for meat and dairy products, there are more animals on the planet. In turn, this is anticipated to fuel the demand for animal eubiotics. Another significant element fueling the market’s expansion is the increased awareness of animal health issues and the advantages of eubiotics. The market for animal eubiotics is, however, significantly constrained by the high price of these products. Animal eubiotics are used sparingly and are regarded as a luxury product. They are therefore costly and out of reach for many farmers.

Covid19 Impact of the Animal Eubiotics Market 

The Covid-19 pandemic outbreak has had a substantial impact on the world economy, forcing a number of industries to halt operations in an effort to slow the virus’ spread. The pandemic isn’t an exception; the market for animal eubiotics is also anticipated to experience a short-term decline in demand.
The market for animal eubiotics consists of goods that are applied to enhance the health of animals. Numerous animals, including pets, cattle, and zoo animals, use these goods. Animals’ immunological, digestive, and general health can all be enhanced by eubiotics.
Future growth in the market for animal eubiotics is anticipated as consumer demand for wholesome food rises. The industry is anticipated to gain from the growing understanding of the significance of animal health. The Covid-19 epidemic is anticipated to have an immediate effect on the market, though.
Many companies were closed and activities have been postponed as a result of the Covid-19 pandemic epidemic. The need for animal eubiotics has decreased as a result of this. Long-term market recovery is anticipated when the pandemic fades and the world economy returns to normal.

Key Industry Developments in the Animal Eubiotics Market

The livestock sector is continually looking for new and better ways to support animal productivity and health. One topic that has showed tremendous promise in this approach is animal eubiotics. Eubiotics are chemicals that support the balance of the microbiota in the gastrointestinal tract (GIT). This is accomplished by encouraging the growth of advantageous microorganisms and/or preventing the growth of undesirable bacteria.

Animal eubiotics come in a variety of varieties and are either commercially available or under research. These include phages, bacteriocins, synbiotics, prebiotics, and probiotics. Each of these operates through a unique method, which affects the potential uses.
Prebiotics are food components that are not digested but instead encourage the growth and/or activity of good microorganisms in the GIT. Among soluble fibers, inulin is the most widely used prebiotic.

Short-chain fatty acids are produced as a result of the fermentation of inulin by gut microorganisms (SCFAs). Because they give gut cells energy, encourage the growth of helpful microorganisms, and prevent the growth of harmful microbes, these SCFAs are crucial for gut health.

Live bacteria known as probiotics can help the host’s health when given in sufficient doses. It’s common to refer to probiotics as „friendly“ or „healthy“ microorganisms. Probiotics from the genera Lactobacillus and Bifidobacterium are the most often utilised types. Probiotics function by fighting off pathogenic microorganisms for nutrition and resources, generating antimicrobial compounds, and boosting the immune system.
In order to improve gut health, prebiotics and probiotics are combined to create synbiotics. Inulin with the probiotic Bifidobacterium animalis make up the most typical synbiotic. It has been demonstrated that this combination both lowers the amount of dangerous microorganisms and increases the number of helpful microbes in the GIT.

Future Outlook for Animal Eubiotics Market
The market for animal eubiotics was estimated at US$ 1.30 billion in 2019 and is anticipated to grow to US$ 2.02 billion by 2027, at a CAGR of 5.7% from 2020 to 2027. Eubiotics are a class of living microorganisms that support animal health and welfare. These substances, usually referred to as growth promoters, are added to animal feed to enhance the general well-being and output of the animals. Animal eubiotics come in a variety of forms, including enzymes, direct-fed microbials, and products from fermentation.

The primary reason behind the expansion of the animal eubiotics market is the increased demand for food products generated from animals, such as meat, eggs, and dairy. The market is expanding as a result of rising consumer knowledge of eubiotics’ health advantages. Additionally, the urge for pet ownership is fueling a rise in animal eubiotics demand. The market is expanding as a result of growing worries over animal safety. However, the main factor impeding market expansion is the high price of animal eubiotics.

The market for animal eubiotics is divided into sections based on kind, form, animal type, and geography. The market is divided into direct-fed microbials, fermentation products, and enzymes based on type. During the projection period, the fermentation products segment is anticipated to develop at the greatest CAGR.

The market is divided into two categories based on form: powder and liquid. During the projected period, the sector for powder is anticipated to increase at the greatest CAGR. The market is divided into ruminants, swine, poultry, and aquaculture on the basis of animal type. During the forecast period, the poultry segment is anticipated to develop at the greatest CAGR.

 ATTRIBUTES  DETAILS     
 

By Product

 

 

    • Probiotics
    • Prebiotics
    • Organic Acids
    • Essential Oils
    • Enzymes
 

By Livestock

 

 

    • Poultry
    • Porcine
    • Aquatic
    • Others
 

By Form

 

 

    • Solid
    • Liquid
 

By Application

 

 

    • Gut Health
    • Immunity
    • Yield
    • Others
 

By Distribution Channel

 

 

    • Veterinary Hospitals & Clinics
    • Drug Stores & Pharmacies
    • Others
  • Novus International, Inc.
  • UAS Laboratories
  • Lallemand, Inc.
  • Calpis Co., Ltd.
  • Advanced BioNutrition Corp
  • BENEO
  • BEHN MEYER
  • Lesaffre Group
  • Kemin Industries, Inc.
  • DuPont de Nemours, Inc.
  • Novozymes
  • Associated British Foods plc
  • Chr. Hansen Holding A/S
  • Evonik Industries AG
  • BASF SE
  • Cargill, Incorporated
  • ADM
  • Bluestar Adisseo Co.
  • Biomin

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