Market Overview:
The global eubiotics market size reached US$ 4.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 4.6 Billion |
Market Forecast in 2032 |
US$ 8.3 Billion |
Market Growth Rate (2024-2032) |
6.8% |
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.
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 at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, form, application and end use.
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
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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).
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product, Form, Application, End Use, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
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) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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?