Global eubiotics sales were valued at USD 42 billion in 2020. They are projected to increase at an 8.2% compound annual growth rate (CAGR), between 2020 and 2028. The market's growth can be attributed primarily to rising global meat and protein consumption, particularly chicken meat and eggs. This is due to shifting food and diet habits toward livestock derivatives as well as the growing global population.
Eubiotics offer certain benefits that are beneficial to livestock. Probiotics, for example, introduce live microorganisms to the gastrointestinal tract. Prebiotics promote the growth of beneficial bacteria in the gastrointestinal system. Good bacterial growth is inhibited by organic acids. The health benefits of essential oils include digestive enzyme stimulation, strengthening the immune system, and a boost in production of digestive enzymes. These eubiotics provide a boost in production which allows livestock producers to meet the growing demand for meat.
Eubiotics can also be used to maintain gut health. Selection of specific eubiotics is largely dependent on animal diet, genetics, as well as applications. Because the digestive system is affected by different governing factors, interactions and interactions, it is crucial to select the right products. The selection of the right eubiotics is a key concern for animal producers.
The market is being held back by a lack of essential oils in animal feed applications. This could be due to high demand from other markets, such as food and beverage, and medical applications. Essential oils are known to have antimicrobial properties, which means they can confer health benefits on the host as well as alter the microflora. For specific purposes, such as weight gain and improved digestion, companies have created customized blends of essential oils like those of thymol or cinnamaldehyde. These trends will benefit the segment growth during the forecast period.
Probiotics dominated the market, accounting for 39% of global revenue in 2020. Probiotics are a product that produces antibacterial substances which increase immunity. This drives product demand. Probiotics including Enterococcus Faecium, are used in many end-use applications, including immune development and maintenance of gut health. The forecast period will also see a rise in awareness about probiotics as well as strategic initiatives taken by major manufacturers to increase probiotic usage.
Another important segment is organic acids. These are used as forage and grain preservatives in animal nutrition. Organic acids prevent the growth of mold and bacterial pathogens. This helps to maximize feed resources. They are also useful in poultry feed, aquaculture, and pigs. They are an effective way to address hygiene and feed quality concerns. These factors will likely fuel segment growth in near future.
Probiotics in solid form dominated the market, accounting for more than 60% of global revenue in 2020. There have been new solid products such as flakes beadlet and cross-linked beadlet. Also, solid form products that combine flavorings and energy materials were developed. Market growth is expected to be triggered by the inclination toward solid animal feed and the enhancement of unconventional solid eubiotics with enriched carrier capacities.
There are liquid products that contain active substances such as essential oils on the eubiotics marketplace. This helps to maintain a healthy appetite, improve feed efficiency, and enhance natural defense mechanisms. It has been possible to create liquid products that combine eubiotics to achieve better results. Liquid feed is easier to digest and can be used in multiphase feeding. These trends will fuel product demand in the future.
The largest application segment was gut health, which accounted for 35% of global revenue in 2020. Segment growth is expected to be aided by the effectiveness of eubiotics in treating intestinal health, the development of more efficient eubiotic carrier medias for better delivery into the intestinal tract, as well as a product portfolio that suits the specific needs of livestock producers.
Recurrent animal disease outbreaks can cause severe losses for livestock producers. These producers resort to eubiotics in order to reduce the spread of these diseases. Eubiotics increase immunity by altering the microflora of the stomach. Key producers have been able to develop eubiotics to improve immunity due to the recurrence of infections in animals. This will drive the demand for products that are tailored to immune application.
Poultry feed was the most important end-use segment, accounting for over 22% of global revenue in 2020. The growth of this segment is due to growing demand for poultry meat, and concerns about the quality of the meat being consumed. The global demand for poultry meat has increased, as well as products like eggs. This has prompted the poultry industry to develop effective methods to increase yield.
Eubiotics help to reduce the risk of infection and maintain a healthy gut microbiome. They are also beneficial for animals' overall health. They are a popular choice for swine industry professionals as they are natural and effective. These trends are driving demand for swine-feed end-use applications. The market will also be driven by the increasing demand for fish and the declining natural resource supply. To increase aquaculture's yield and feed conversion, Eubiotics can be used.
Europe was the most important regional segment, accounting for over 40% of global revenue in 2020. High product demand is a result of livestock producers' efforts to adhere to the regulations and ban on antibiotic use. The strict regulations and laws that discourage antibiotic use in the region have contributed to the growth of the eubiotics market. The overall demand for eubiotics in the region is driven by strong awareness about their benefits and the presence of market players.
Germany is one of the largest producers of poultry in Europe. The country also has significant participation in the industry of other livestock, such as cattle and swine. Market growth is also aided by the presence of international and regional market participants in the U.K. Over the forecast period, regional growth will be supported by both the political and the social fraternity's concerns regarding antibiotics and the quality of the meat.
The Asia Pacific region is becoming more important for key players. They are opening new offices, manufacturing plants, and R&D centres to expand their regional reach. The region's growing population and increasing disposable income are also factors that have contributed to a rise in meat consumption. These trends will benefit the regional market for eubiotics over the forecast period. Strong demand from countries like India, China, Japan, and other Asian countries is expected to boost the regional market. Market growth is aided by rising meat consumption and quality concerns. Market value in the region is also boosted by the competitive strategies of market leaders.
The market's key players are inclined to invest in R&D to develop superior products with high efficacy. Livestock producers are concerned about the choice of eubiotics. The intended uses, type of livestock and animal diet will all play a role in the choice. There are also mergers and acquisitions that take place in the industry. New facilities are often opened to better serve regional markets. DSM, for example, has set up dedicated animal nutrition centers in China to meet the needs of the region and increase the feed market. New market players will be attracted by favorable regulatory situations and the trend toward alternative antibiotics.
Companies use strategies such as opening regional offices and manufacturing facilities to expand their reach. Companies collaborate with universities and research institutes around the world to increase their competitive edge in R&D. Key players have developed products that address specific applications like yield and gut health. For greater market share, companies are now focusing their efforts on developing countries, such as Asia Pacific. The following are some of the most prominent players in the global eubiotics market:
Novus International, Inc.
Nebraska Cultures, Inc.
Calpis Co., Ltd.
Advanced BioNutrition Corp.
Up Market Research published a new report titled “Eubiotics Market research report which is segmented by Form (Liquid, Solid), by Product (Essential Oils, Probiotics, Organic Acids, Prebiotics, Enzymes), By Players/Companies Nebraska Cultures Inc, Kemin Industries, DSM NV, Beneo GmbH, Calpis Co Ltd, Lesaffre Group, Lallemand Inc, Novus International Inc, Behn Meyer, Advanced BioNutrition Corp”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Eubiotics Market Research Report|
|By Form||Liquid, Solid|
|By Product||Essential Oils, Probiotics, Organic Acids, Prebiotics, Enzymes|
|By Companies||Nebraska Cultures Inc, Kemin Industries, DSM NV, Beneo GmbH, Calpis Co Ltd, Lesaffre Group, Lallemand Inc, Novus International Inc, Behn Meyer, Advanced BioNutrition Corp|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||242|
|Number of Tables & Figures||170|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Form (Liquid, Solid), by Product (Essential Oils, Probiotics, Organic Acids, Prebiotics, Enzymes).
Eubiotics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Eubiotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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