IMARC Group, a leading market research company, has recently releases report titled “Eubiotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global eubiotics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the eubiotics market?
The global eubiotics market is expected to exhibit a growth rate (CAGR) of 7.1% during 2023-2028.
What are eubiotics?
Eubiotics are additives that enhance the nutritional value of the animal feed and improve the overall health of livestock, poultry, swine, and aquatic animals. They comprise prebiotics, probiotics, essential oils, and organic acids that increase nutrient absorption, immunity, and the overall functioning of the body parts. They are essential for hormonal, immunologic, and metabolic homeostasis and maintaining a healthy balance of microbiota in the gastrointestinal tract.
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What are the growth prospects and trends in the eubiotics industry?
Increasing livestock farming, along with the rising need for better nutrition and proteins among animals, represents one of the major factors bolstering the market growth. Besides this, as eubiotics are employed as an alternative for antibiotic growth promoters (AGPs), the increasing awareness among individuals about feed quality and safety is propelling the market growth. Furthermore, enhanced microbiological solutions to develop novel product variants with easy digestibility and targeted results are offering lucrative growth opportunities to market players. Moreover, increasing domestication of animals as pets, especially dogs, cats, and cows, is driving the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Probiotics
- Prebiotics
- Organic Acids
- Essential Oils
- Others
Breakup by Form:
Breakup by Application:
- Gut Health
- Immunity
- Yield
- Others
Breakup by End Use:
- Cattle Feed
- Poultry Feed
- Swine Feed
- Aquafeed
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Advanced Bionutrition Corp.
- Behn Meyer Holding AG
- Beneo Gmbh (Südzucker AG)
- Calpis Co. Ltd. (Asahi Group Holdings Ltd.)
- Koninklijke DSM N.V.
- DuPont de Nemours Inc.
- Kemin Industries Inc.
- Lallemand Inc.
- Lesaffre
- Novus International Inc. (Mitsui Co. Ltd.)
- UAS Laboratories LLC (Chr. Hansen Holding A/S)
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