Eubiotics Market look forward 9.50% CAGR & $12.34 Billion by 2032

Eubiotics Market Size Worth $12.34 Billion By 2032 | CAGR: 9.50%


The global eubiotics market size is expected to reach USD 12.34 billion by 2032, according to a new study by Polaris Market Research. The report “Eubiotics Market Share, Size, Trends, Industry Analysis Report, By Form (Solid, Liquid); By Product; By End Use; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In modern farm systems, maintaining good gut health is imperative for the production and well-being of farm animals. Consequently, eubiotics play a vital role in enhancing both animal performance and welfare. These substances contribute to achieving a balance by promoting the prevalence of increasing food absorption, beneficial gastrointestinal flora, and improving overall gut function.

The distribution of eubiotics involves feed mills, pre-mixers, and specialized wholesalers. Manufacturers typically sell eubiotics directly to consumers or through integrated feed producers. Eubiotics like organic acids are produced through processes such as fermentation and chemical synthesis, with the latter being the preferred method for animal feed applications like silage and feed additives.

The pricing of eubiotics is influenced by factors such as raw material availability, agro-climatic conditions, and regional regulations. Intense competition among manufacturers, driven by price-sensitive consumers, results in a focus on competitive pricing strategies. Companies are investing in process innovation and cost-effective raw material procurement to gain a competitive edge. Additionally, the growing demand for end-use applications like feed and pharmaceuticals, coupled with increasing eubiotics production, is expected to moderately impact prices in the forecast period.

The eubiotics sector has experienced a limited impact from the COVID-19 pandemic. While the industry has faced challenges with financial losses due to widespread mobility restrictions in key markets, the overall influence is varied. On the positive side, the pandemic has heightened awareness regarding the adverse effects of antibiotics in food animals, contributing to the positive growth of the eubiotic sector. The global shutdown caused by COVID-19 affected various sectors, including factories, production centers, restaurants, hotels, and other businesses. This led to a shortage of manpower, disruptions in the supply chain, and a decrease in the availability of raw materials and other essential ingredients.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/eubiotics-market/request-for-sample

Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Eubiotics devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Eubioticss throughout the forecast period.

Eubiotics Market Report Highlights

  • In 2022, the Probiotics segment dominated the revenue share. This is attributed to growing awareness of the use of probiotics in animal feed, ongoing research and development endeavors aimed at creating more efficient products, and a diverse array of offerings from major industry players. Furthermore, the various applications in animal contexts, including immunity enhancement and gut health maintenance, are expected to have a positive impact on market demand.
  • During the forecast period, the Solid segment captured the largest market share. This notable share is attributed to its advantages, including increased protection against light and moisture exposure. Solid forms, comprising flakes, beadlets, and cross-linked beadlets, contribute to this dominance. The use of beadlet technology consistently safeguards the active ingredients from both mechanical and heat stress, thereby improving their stability and bioavailability in feed production.
  • The Gut Health segment accounted for the highest market share during the forecast period. Its significant market share can be attributed to the prevalent gut health issues among animals and a growing preference for preventive healthcare. Eubiotic products play a crucial role in fostering the production of microbiota in the animal's gastrointestinal tract, thereby enhancing digestion and the immune system. Probiotics, prebiotics, organic acids, essential oils, and other such products contribute effectively to maintaining gut integrity. These items can be utilized individually or in combination for optimal results.
  • In 2022, Europe emerged as the leading market, driven by the increasing consumption of processed meat and the growth in livestock production. Countries such as Italy, France, and Germany have experienced a substantial increase in meat consumption in recent years, prompting producers to prioritize high-quality and disease-free animal products.
  • The global key market players include ADM, Advanced BioNutrition Corp, Associated British Foods plc, BASF SE, BEHN MEYER, BENEO, Biomin, Bluestar Adisseo Co., Calpis Co., Ltd., Cargill, Incorporated, Chr. Hansen Holding A/S, DSM, DuPont de Nemours, Inc., Evonik Industries AG, Kemin Industries, Inc., Lallemand, Inc., Lesaffre Group, Novozymes, Novus International, Inc., UAS Laboratories.

Polaris Market Research has segmented the Eubiotics market report based on form, product, end-use, application, and region:

Eubiotics, Form Outlook (Revenue - USD Billion, 2019 - 2032)

  • Solid
  • Liquid

Eubiotics, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Phytogenic
  • Enzymes
  • Probiotics
    • Bifidobacterum
    • Lactobacilli
    • Streptococcus
    • Others
  • Organic Acids
  • Prebiotics
    • Galacto-Oligosaccharides (GOS)
    • Mannan-Oligosaccharides (MOS)
    • Fructo-oligosaccharides (FOS)
    • Inulin
    • Others

Eubiotics, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Aquatic Feed
  • Poultry Feed
  • Swine Feed
  • Cattle Feed
  • Others

Eubiotics, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Immunity
  • Gut Health
  • Yield
  • Others

Eubiotics, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Eubiotics Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 5.96 billion

Revenue forecast in 2032

USD 12.34 billion

CAGR

9.50% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Form, By Product, By End Use, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

For Specific Research Requirements

Request for Customized Report