Eubiotics Market is expected to grow USD 8.45 billion at a CAGR 8.35% During Forecast 2021-2030.

0
1K

Eubiotics Market Outlook

The increasing awareness regarding farm animal health escalates the growth of eubiotics to further heights. According to Market Research Future (MRFR), the global eubiotics market valuation is projected to scale up exponentially by 2028.

Eubiotics Market is expected to grow USD 8.45 billion at a CAGR 8.35% During Forecast 2021-2030. the global Market has been estimated to generate significant market growth during the forecast timeframe. The eubiotics substances are widely used to enhance the animal fodder properties as well as the animal nutrition quality to improve the immunity and gut health of the livestock. Basically, eubiotics are a combination of organic acids, probiotics, prebiotics, and other important compounds. In the gastrointestinal tract, eubiotics are extensively used as digestive stimulants to build a healthy micro-flora balance. In the animal feed industry, eubiotics have a significant opportunity.

COVID-19 Analysis

In its recent COVID-19 Analysis, MRFR The global eubiotics market size was valued at USD 4.2 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2020 to 2028. The growth in the market can be attributed to mounting global meat and meat products consumption, specifically chicken meat, and eggs due to shifts in diet and food consumption patterns toward livestock derivatives and the rising global population.

Although the eubiotic market had slowed considerably as a COVID-19 impact, it is gearing up significantly as the lockdown regulations gradually relax. Also, the growing demand for improved feed performance drives the growth of the market. Besides, augmenting demand for milk and meat products led by the rising consumption of these products among the ever-increasing population acts as a significant driving force for the market growth.

Global Eubiotics Market – Segments

The report is segmented into five dynamics.

By Type: Prebiotics, Probiotics, and others.

By Form: Dry, Liquid, and others.

By Function: Gut & Digestive Health, General Health & Wellness, Immunity, and others.

By Livestock: Poultry, Swine, Ruminants, Aquatic, and others.

By Regions: Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.

Regional Analysis

Europe dominates the global Eubiotics Industry Demand Trends research the largest market share attributes to the growing consumption of eubiotics as an additive in animal feed industries in the region. Besides, factors such as the increasing awareness of animal health and rising demand for quality animal feed increase the sale of the eubiotics market in the region. Moreover, the massive demand for dairy cattle feeds from the growing milk & meat products industries in the EU and Eastern European region drives the market growth. 

Also, advances in manufacturing technologies and farming practices for poultry and swine animals are major growth drivers for the regional market. Germany accounts for the key contributor to the regional market growth, followed by France. The European Eubiotics market is expected to retain its leading position in the global market throughout the forecast period. 

North America is another lucrative market for Eubiotics, globally. The market is driven by the rising demand for prebiotics and probiotics in animal feed products. Additionally, stringent regulations against the use of antibiotics in animal feed as a growth promoter have uplifted the market demand for eubiotics in the region, which boosts the growth of the market. 

Moreover, the presence of several large Eubiotics manufacturing companies in the region fosters market growth. The North American Eubiotics market is expected to create a substantial revenue pocket.

The Eubiotics market in the Asia Pacific region is growing continually. Factors such as the spurting rise in the livestock feed industry and the improving demand-supply ratio propel the growth of the market. Besides, the growing consumption of dairy & meat products and surging demand for livestock products push the growth of the regional market. 

Moreover, the rising demand for prebiotics and probiotics in animal feed products is a major growth catalyst for the market increase. The APAC Eubiotics market is estimated to grow at a phenomenal CAGR during the review period.

Competitive Analysis

Highly competitive, the Eubiotics market Growth appears fragmented due to the presence of several large and small players. To gain a larger competitive share, Industry players incorporate strategies such as mergers & acquisitions, collaborations, expansions, and product/technology launches. These players also invest substantially to drive R&D to develop a new product/technology and expand their global footprints. 

Manufacturers significantly invest in the development of innovative production techniques. Players compete based on pricing, quality, reputation, and services. 

Market Players: 

The Key Eubiotics Market Players leading include Koninklijke DSM NV (the Netherlands), E. I. du Pont de Nemours and Company (US), Cargill Inc. (US), Novozymes A/S (Denmark), BASF SE (Germany), Chr Hansen Holding A/S (Denmark), Kemin Industries, Inc. (the US), Calpis Co., Ltd. (Japan), Lallemand Inc. (Canada), and Behn Meyer Holding AG (Germany), among others. 

Industry/ Innovation/ Related News: 

April 17, 2020 ---- UMG Investments, an investment company in Ukrainian, announced the acquisition of a stake in animal fat and Eubiotics producer Feednova (Ukrainian). UMG focuses on the supply chain for the processing sectors. Feednova would process raw materials from external suppliers to produce Eubiotics and animal fat for farm and domestic animals. It is implementing a project to build a plant to produce high protein Eubiotics and animal fat in Busk, Lviv region.

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

+1 646 845 9312

Email: Sales@marketresearchfuture.com  

Реклама
Поиск
Реклама
Категории
Больше
Бизнес
Pest Control Market was valued at US$ 22.74 Bn. in 2022. The Pest Control Market size is estimated to grow at a CAGR of 5.4% over the forecast period.
  Pest Control Market Report Scope and Research Methodology : The report employs a...
От Pooja Rakade 2023-10-30 07:53:17 0 754
Разное
《我的阿勒泰》是追梦与归途的真实写照
最新电视剧《我的阿勒泰》讲述了19岁的汉族女孩李文秀在追求文学梦想的过程中经历的挫折与成长。这部剧通过李文秀在乌鲁木齐餐馆打工的故事,展现了一个内向自卑的女孩在现实压力下的挣扎与坚韧,以及她最终...
От Ting Wang 2024-07-13 02:08:19 0 180
Разное
Needle Coke Market Size by 2030 | Market Segmentation by Type, Application, Regions, Important News, and Profiles of Leading Companies
Global Needle Coke Market Forecast to 2030 According to Emergen Research's most recent estimate,...
От Ravi Thakre 2023-03-24 12:19:50 0 826
Строительство и ремонт
Rummy Loot APK
Rummy Loot APK Introduction The mobile gaming industry continues to revolutionize itself,...
От 可 HUANG 2024-09-25 03:08:27 0 0
Досуг, развлечения
Health And Safety Concerns Surrounding Sex Doll Usage
Sex dolls have become increasingly popular, but like any other intimate product, their use comes...
От John Andy 2024-07-12 06:07:27 0 293