Eubiotics Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Eubiotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global eubiotics market grew at a CAGR of around 7% during 2015-2020. Eubiotics refer to various feed additives used to improve the digestive health in poultry, swine, livestock and aquatic animals. They are natural digestive stimulants and are used as a substitute to antibiotics in the feed. Eubiotics commonly include probiotics, prebiotics, essential oils and organic acids that enhance nutrient absorption, enhance immunity and increase overall performance. They aid in maintaining a healthy balance of microbiota, such as bacteria, archaea, protists and fungi, in the gastrointestinal tract and are essential for immunologic, hormonal and metabolic homeostasis.

The increasing prevalence of livestock diseases across the globe represents one of the key factors creating a positive outlook for the market. Consumption of eubiotics-based feed provides essential nutrients and health and medicinal benefits to livestock, such as prevention and timely treatment of chronic diseases. Furthermore, increasing awareness among consumers regarding feed quality and safety also driving the market growth. Eubiotics are widely used as an alternative for antibiotic growth promoters (AGPs) in animals and livestock. In line with this, the growing demand for animal meat and protein is also contributing to the increasing demand for Eubiotics. Additionally, various technological advancements, such as the use of innovative microbiological solutions to develop novel product variants with targeted results and easy digestibility, are contributing to the market growth. Other factors, including the rapid modernization of the livestock industry, along with increasing domestication of animals as pets, especially in the developed countries, are anticipated to drive the market further. Looking forward, IMARC Group expects the global eubiotics market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global eubiotics market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form, application and end use.

Breakup by Product:

Probiotics
Prebiotics
Organic Acids
Essential Oils
Others

Breakup by Form:

Liquid
Solid

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.) and UAS Laboratories LLC (Chr. Hansen Holding A/S).

Key Questions Answered in This Report:

How has the global eubiotics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global eubiotics market?
What are the key regional markets?
What is the breakup of the market based on the by product?
What is the breakup of the market based on the by form?
What is the breakup of the market based on the by application?
What is the breakup of the market based on the by end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global eubiotics market and who are the key players?
What is the degree of competition in the industry?