The global eubiotics market size is expected to reach USD 10.89 Billion in 2028 and register a CAGR of 8.0% over the forecast period, according to latest analysis by Emergen Research. Key factors projected to drive market revenue growth include increasing global consumption of meat, specifically chicken, milk, and eggs owing to a rapidly growing global population, shift in dietary preferences, changing food consumption patterns, rising demand for manufactured feed, and increasing awareness about feed quality on livestock health and wellness. In addition, increasing incidence of poultry disease outbreaks have resulted in more stringent regulations and norms being implemented by governments, which is a factor prompting livestock farmers to increase focus on livestock health and shift towards more healthy feeds and additives. Use of traditional antibiotic growth promoters in animal farming has been banned in various countries as it posed health challenges over the years. The ban has resulted in a rapid shift towards eubiotics as an alternative to antibiotics. Manufacturers have introduced targeted solutions to boost the immunity of livestock against bacterial and viral infections, enhance lactose tolerance levels, and improve digestive efficacy.
As per the latest report published by Emergen Research, the global market development is majorly supported by a considerable rise in the demand for products and services offered by this industry. A detailed synopsis of the Eubiotics market valuation, revenue estimation, and market statistics is a key component of the report. Hence, the report aims to help readers gain viable insights into the competitive spectrum of the Eubiotics market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
BASF SE, Novus International Inc., Cargil Inc., Lallemand Inc., Koninklijke DSM NV, Kemin Industries, Yara International ASA, Lesaffre Group, Behn Meyer Group, DuPont
Research Report on the Eubiotics Market Addresses the Following Key Questions:
Who are the dominant players of the Eubiotics market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Eubiotics market?
What are the key growth drivers and restraining factors of the Eubiotics market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Eubiotics market and its key segments?
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Emergen Research has segmented the global Eubiotics market on the basis of type, type of care, and region
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2018–2028)
Probiotics
Prebiotics
Organic Acids
Essential Oils
Exogenous Enzymes
Form Outlook (Revenue, USD Billion; 2018-2028)
Solid
Liquid
Application Outlook (Revenue, USD Billion; 2018-2028)
Gut Health
Immunity
Yield
Production
In conclusion, the Eubiotics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Eubiotics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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