Summary
Major players in the eubiotics market are BASF SE, Royal DSM, Lallemand Inc., Novus International Inc., Chr Hansen Holding A/S, Lesaffre Group, Cargill Inc.orporated, Novozymes, DuPont Nutrition & Biosciences, Advanced BioNutrition Corporation, Addcon GmbH, Behn Meyer, Calpis, Behn Meyer, Associated British Foods plc, Evonik Industries, ASAHI GROUP HOLDINGS Ltd., Behn Meyer, Roquette Frères, Friesland Campina, and Neospark Drugs and Chemicals Private Limited.
The global eubiotics market is expected to grow from $4.94 billion in 2022 to $5.41 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The eubiotics market is expected to reach $7.49 billion in 2027 at a compound annual growth rate (CAGR) of 8.5%.
The eubiotics market consist of sales of lactobacilli, bifidobacterum, streptococcus, fructo-oligosaccharides (FOS), inulin, galacto-oligosaccharides (GOS) and mannan-oligosaccharides (MOS). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (Inc.luding downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market Inc.ludes related services sold by the creators of the goods.
Eubiotics are natural digestive feed additives that boost animal health and immune system performance.Eubiotics combine various food supplements such as prebiotics, probiotics, and polysaccharides.
Eubiotics maintain gut health and immunity development, maintain microflora in the gastrointestinal tract, and improve animal health.
Europe was the largest region in the eubiotics market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of eubiotics are probiotics, prebiotics, organic acids, essential oils, and enzymes.Probiotics are live microorganisms that help to improve good health and promote immunity-boosting in the healthy body.
Probiotics improve immunity, digestion, gut health, and reduce microbial contamination. The various types of treatment Inc.lude gut and digestive health, general health and wellness, and immunity that are in dry and liquid forms. The eubiotics additives apply to livestock such as cattle, poultry, swine, aquaculture, other livestock.
The surge in the livestock population base in the eubiotics market is expected to drive the market’s growth during the forecasting period. Livestock refers to various breeds of various animals that are raised for commercial purposes, Inc.luding domestic and wild animals. The population of livestock animals is Inc.reasing due to the use of animals for commercial purposes, such as sales of milk, eggs, chicken, and fibre products. For instance, in 2021, according to a report by the Brazilian Institute of Geography and Statistics, hogs and pigs reached 42.25 million in 2021, a rise of 3.2%. Therefore, the rising use of livestock animals for commercial purposes is anticipated to fuel the market’s growth in the upcoming years.
Product innovation is a key trend in the eubiotics market. Major players in the market are focusing on creating innovative products to Inc.rease the quality of feed additives in eubiotic products. High-quality nutrients such as probiotics are the feed additives that improve animal performance by enhancing gut health. For instance, in May 2021, Chr. Hansen Holding A/S, a Denmark-based company that develops natural animal nutrients, launches a probiotic product known as Bacillus. This product is a probiotic that produces high-quality digestive enzymes to improve the gut health of the animal.
In July 2021, Royal DSM, a Dutch-based global provider of sustainable living, health, and nutrition information, acquired Midori USA, Inc. for $63 million. With this acquisition, Royal DSM will further strengthen its portfolio in eubiotics development. Midori USA, Inc. is a biotechnology start-up creating targeted eubiotics that enhance animal health and have a positive environmental impact.
The countries covered in the Eubiotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not Inc.lude revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The eubiotics market research report is one of a series of new reports that provides eubiotics market statistics, Inc.luding eubiotics industry global market size, regional shares, competitors with a eubiotics market share, detailed eubiotics market segments, market trends and opportunities, and any further data you may need to thrive in the eubiotics industry. This eubiotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
