Eubiotics Market Navigating Growth Size Expected to Hit USD 9.9 Billion by 2032

0
233

 

Global Eubiotics Market Outlook

Eubiotics contribute to digestive health and act as an antibiotic substitute in feed, further fueling market growth. However, the rising prices of raw materials pose a substantial risk and represent a major challenge for the market. As of 2022, the Eubiotics Market Size reached USD 4.8 Billion, and it is anticipated to grow from USD 5.2 Billion in 2023 to USD 9.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.35% during the forecast period (2023 - 2032). 

Eubiotics are feed additives encompassing prebiotics, probiotics, organic acids, and essential oils, designed to enhance feed functionality. They play a vital role in improving gut micro-floral conditions and increasing lactose tolerance, thereby supporting the healthy growth of animals.

The global eubiotics market is poised for growth, driven by increasing health awareness in livestock management. Technological advancements and product development are significant factors contributing to the market's expansion. Market players are seizing new opportunities by expanding service offerings, elevating eubiotics as a prominent feed additive globally.

Segmnet Analysis:

  1. Type: Eubiotics are segmented into probiotics, prebiotics, and others. Probiotics hold the major market share due to their high efficacy.

  2. Form: The market is divided into dry and liquid eubiotics. Liquid eubiotics, easily mixed into feed, provide convenience for livestock consumption.

  3. Function: Segmentation based on function includes gut & digestive health, general health & wellness, immunity, and others. Gut & digestive health dominates the market, offering micro-floral support to combat diseases in animals.

  4. Livestock: Market segmentation includes poultry, swine, ruminants, aquatic, and others. Poultry leads the market, driven by the high protein content in eubiotics, enhancing the growth rate of poultry birds.

Major players in the eubiotics market outlook include:

  • I. du Pont de Nemours and Company (U.S.)
  • Koninklijke DSM N.V. (the Netherlands)
  • Cargill Inc. (U.S.)
  • BASF SE (Germany)
  • Novozymes A/S (Denmark)
  • Chr Hansen Holding A/S (Denmark)
  • Calpis Co., Ltd. (Japan)
  • Kemin Industries, Inc. (U.S.)
  • Lallemand Inc. (Canada)
  • Behn Meyer Holding AG (Germany)

Regional Analysis:

The global eubiotics market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe dominates the market due to increasing awareness of livestock health. High consumption of eubiotics for gut health support in developed countries like Germany, France, the U.S., Canada, and Mexico contributes to the market's upliftment.

In Asia Pacific, particularly in emerging economies such as China, India, and Indonesia, the market is expected to witness maximum growth over the forecast period (2023-2032).

Market Segmentation:

Eubiotics market segmentation includes type, form, function, livestock, and region.

Browse In-depth Market Research Full Access Report :  https://www.marketresearchfuture.com/reports/eubiotics-market-5007

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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

Sales: +1 628 258 0071(US) +44 2035 002 764(UK)

Website : https://www.wantstats.com

Email: Sales@marketresearchfuture.com

Поиск
Категории
Больше
Health
How VigRX Plus Pills Can Help You Keep Strong In Bed
VigRx Plus tablets are all-natural male enhancement supplements that have been shown to work...
От Aashton Ager 2022-06-09 01:12:56 0 565
Другое
Cowgirl Boots: A Buyer's Information
  Does your spouse or girlfriend possess a pair of cowgirl boots? If you open a woman's...
От Base Pi6561 2022-12-06 13:28:19 0 519
Health
Buy Vilitra 60 Mg Online - Vilitra Uses, Side Effects, Price
Erectile dysfunction is a ailment in which guys reliably have troubles both engaging in or...
От Cure Erectile 2023-05-06 04:52:30 0 498
Другое
Phthalic Anhydride Market, Development Trends, Key Manufacturers Analysis and Competitive Analysis by 2032
The phthalic anhydride market has experienced significant growth in recent years due to...
От Maxjoy Joy 2023-08-24 17:44:10 0 843
Food
Global Methanol Market
Global Methanol Market Insights Global Methanol Market size was valued at USD 30.7 billion in...
От Bidyut Makhal 2023-11-22 01:47:17 0 399