Home > Food, Nutrition & Animal Feed > Eubiotics Market
Industry Overview
Eubiotics Market size exceeded USD 4 billion in 2020 and is estimated to grow at over 8.5% CAGR between 2021 and 2027. Growing awareness regarding meat quality along with the adverse health effects of antibiotics on animals is expected to drive the market growth over the forecast period.
Get more details on this report - Request Free Sample PDF
Ban on use of antibiotics in the European Union has propelled the usage of alternative products such as eubiotics in place of antibiotics. Increasing concerns pertaining to the disease outbreak such as swine flu, bird flu, and other foot and mouth diseases coupled with stringent regulations regarding meat quality are expected to drive the eubiotics market. demand.
Rapidly growing demand for dairy & meat products and rise in demand for animal protein products due to increasing disposable income and expansion of the foodservice sector in both developed and developing economies is driving the growth of the eubiotics industry. Other factors such as rising awareness about the benefits offered by eubiotics such as improved overall animal health and enhanced digestive health of animals among feed manufacturers have led to growing product demand over the past few years.
| Report Coverage | Details |
|---|---|
| Base Year: | 2020 |
| Market Size in 2020: | 4,101.53 Million (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 8.5% |
| 2027 Value Projection: | 7 Billion (USD) |
| Historical Data for: | 2016 to 2020 |
| No. of Pages: | 420 |
| Tables, Charts & Figures: | 630 |
| Segments covered: | Product, Form, Application, and Livestock |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Get more details on this report - Request Free Sample PDF
Growing use of functional ingredients in animal feed is expected to drive the demand for organic acid products
Get more details on this report - Request Free Sample PDF
Eubiotics market from organic acid products surpassed USD 1.5 billion in 2020 and is anticipated to register over 8.5% CAGR in the forecast period. The feed producers across the globe are focusing on adding functional ingredients in the products to enhance nutritional content , this trend is accelerating the demand for organic acid. Organic acids improve the palatability and reduces the diet pH in livestock. It also enhances the antimicrobial and preservative effects in the feed, thus escalating product demand.
The propionic acid product segment is projected to reach over USD 985 million by 2027. Propionic acid is used as feed additive in non-ruminant and poultry production. It is used as grain preserver and is efficient in controlling Salmonella and other pathogens. Favourable response on overall health & performance of livestock along with increasing usage as effective alternative to feed antibiotics will boost product demand.
Formic acid segment should grow with the CAGR of over 9.4% through 2027. The rising formic acid demand is primarily attributed to increasing use as animal feed additive in poultries and pigs. It shows bactericidal and bacteriostatic effects against bacterial threats to pigs and poultry production and also helps in eliminating salmonella in broiler chicken in order to establish healthy gut.
The fumaric acid segment is projected to exceed USD 400 million by 2027 owing to its ability to improves digestion efficiency by lowering the pH of gastric contents in swine. Increase in global meat and seafood consumption and outbreaks of diseases along with nutrient security in animals will boost fumaric acid demand in feed industry.
Easy storage and transportation should fuel the demand for dry form of eubiotics
Get more details on this report - Request Free Sample PDF
The dry form segment in the eubiotics market crossed USD 3.3 billion in 2020 and is anticipated to show register around 8.7% of CAGR over the forecast period. The use of a dry form of eubiotics has surged over the past few years owing to its improved stability and longer shelf life. Moreover, these products can be easily stored, require less space for storage, and also have lower risk of product spoilage during transportation. Increasing production of animal feed products and a wide range of applications of dry eubiotics in poultry, pet animals, and farm livestock feed additive should fuel the product demand over the forecast period.
Rising awareness pertaining to animal nutrition and health is promoting the growth of gut health application segment
Get more details on this report - Request Free Sample PDF
Eubiotices market from gut health application segment surpassed USD 1.8 billion in 2020 and is anticipated to record 8.5% CAGR up to 2027. Eubiotics products such as prebiotics and probiotics are primarily used to suppress pathogenic bacteria including Salmonella which is the major cause of gut infections among animals. Gut infections lead to lower yield, low efficiency, trade losses, and additional cost on animal treatments.
Thus, rising awareness towards animal nutrition and overall health has further escalated the demand for eubiotics products to maintain gut integrity and functionality.
Surging demand for poultry meat worldwide to create demand for eubiotics from poultry livestock segment
Get more details on this report - Request Free Sample PDF
The poultry livestock segment of the eubiotics market surpassed USD 1.5 billion in 2020 and is anticipated to witness over 8.7% CAGR between 2021 and 2027. Poultry is widely consumed and farmed livestock. Increase in per-capita poultry consumption owing to high demand for a protein-rich diets should drive industry expansion. Furthermore, rise in poultry production in Asian countries such as China, India, and Indonesia should accelerate the use of eubiotics over the forecast period for enhancing broilers' productivity, digestion, and yield. This trend further drives the market statistics.
Well-established livestock sector in Asia Pacific should propel the growth of eubiotics market
Get more details on this report - Request Free Sample PDF
Asia Pacific eubiotics market crossed USD 895 Million in 2020 and is anticipated to register over 10% CAGR in the forecast period. Rapid growth in the livestock sector in Asian countries including India, Japan, South Korea, and China due to high private and government sector investments in the livestock industry should have a positive impact on regional industry growth.
Growing awareness among farmers about animal health & nutrition and the increasing prevalence of disease outbreaks among animals should fuel product demand. The growing meat processing sector due to the fastest-growing retail industry may act as a major driving factor for the regional eubiotics industry outlook.
Strategic partnership, mergers & acquisitions among industry participants and new product development to accelerate the overall market competitiveness
Global eubiotics market is highly fragmented & competitive and is characterized by to the presence of several small, medium & large industry players operating worldwide. The key players in the market includes BASF SE, Cargill, Inc., DSM, Novozymes, Friesland Campina, Chr. Hansen Holding A/S, and Alltech. The key players in the market are implementing various strategies includes expansion of product portfolio, mergers & acquisition, and partnership in order to increase business share and to tap the growth opportunities.
For instance, in July 2021, Midori USA, Inc. was acquired by Royal DSM, which is a start-up company primarily involved in developing targeted eubiotics which improve the environmental impact and health of the animals. The company has introduced a new technology that recognizes glycans which is sourced from natural food sugar which can modulate the way in which the microbiome in the gut functions in animals. The glycans help to provide a consistent and effective impact on the gut health of animals, further leading to improved animal health and enhance nutrient usage from the feed.
Global eubiotics market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons, and revenue in USD Million from 2016 to 2027 for the following segments:
By Product
- Prebiotics
- Inulin
- Fructo-Oligosaccharide (FOS)
- Mannan-Oligosaccharide (MOS)
- Galacto-Oligosaccharide (GOS)
- Others
- Probiotics
- Lactobacillus
- Bifidobacterium
- Bacillus
- Streptococcus
- Others
- Organic acids
- Acetic acid
- Lactic acid
- Fumaric acid
- Formic acid
- Propionic acid
- Others
- Essential oils
- Exogeneous enzymes
- Amylase
- Protease
- Phytase
- Xylanases
- ß-glucanase
By Form
- Dry form
- Liquid Form
By Application
- Gut Health
- Yield
- Immunity
- Others
By Livestock
- Poultry
- Swine
- Cattle
- Aqua-culture
- Others
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- Thailand
- Malaysia
- Australia
- South Korea
- Latin America
- Brazil
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
Frequently Asked Questions (FAQ) :