Eubiotics Market size to exceed $6.8bn by 2026

Global Eubiotics Market size is estimated to surpass USD 6.8 Billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Positive outlook for the high-quality animal feed additives to improve the animal health and reduce the chances of attracting diseases will drive the eubiotics industry growth. Countries including the U.S., China, Brazil, India, Mexico, Spain, and Russia were the largest animal feed producers in 2019. Feed additives are an essential and vital part of the complete animal nutrition and helps in weight gain, improving feed conversion ratio, improving growth performance and meat quality.

 

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Eubiotics aid in improving the immune health and digestive system of animals, thus reducing the chances of viral & bacterial diseases such as colonization of pathogens in intestine. Favorable regulatory norms led by FDA and EU Commission regarding GRAS approval and EU registration for eubiotics products accompanied with growing awareness among farmers and livestock businessmen to maintain animal health and inhibit diseases may propel industry growth. Moreover, Technological advancements in terms of improved performance of eubiotics products is driving business expansion.
 

Expanding demand for healthy meat & dairy is fueling the animal feed organic trace minerals market development. The global meat production has tripled over the past few years decades with 20% rise since last 10 years. According to FAO, in 2015, the global meat consumption per capita was 41.3 kg and is projected to grow at 45.3 kg by 2030. Asia Pacific is among the leading consumers of meat and observes a significant growth rate. However, increasing demand for plant-based meat alternatives owing to shifting dietary patterns and considerable impact of COVID-19 can hamper the meat consumption, thereby affecting the eubiotics market expansion.
 

Browse key industry insights spread across 430 pages with 593 market data tables & 38 figures & charts from the report, “Eubiotics Market Outlook By Product (Prebiotics [Inulin, FOS, MOS, GOS] Probiotics [Lactobacillus, Bifidobacterium, Bacillus, Streptococcus] Organic Acid [Acetic Acid, Lactic Acid, Fumaric Acid, Formic Acid, Propionic Acid], Essential Oil, Exogeneous Enzymes[Amylase, Protease, Phytase, Xylanases, ß- glucanase), By Form (Dry, Liquid), By Application (Gut Health, Yield, Immunity), By Livestock (Poultry, Swine, Cattle, Aquaculture), Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/eubiotics-market

 

“Probiotics market size is forecast to grow at over 8% through 2026”
 

Growing demand for Lactobacillus will drive the probiotics segment of the eubiotics market

Probiotics are directly fed microbes which exerts similar effects as antibiotics but are safe for animal consumption. Supporting regulatory norms by EU Commission which has stated probiotics safe for human and animals supported by approval of 40 probiotics preparations for animal nutrition should favor industry growth. Probiotics also helps in increasing feed efficiency to deliver desired effects including growth performance, weight gain and feed conversion.
 

Lactobacillus is the majorly used probiotics are prominently used in layers to enhance egg quality. It efficiently absorbs calcium from gut which leads to thicker egg shell and complete nutrition of eggs. Lactobacillus acidophilus, L. bulgaricus, L. casei, L. sporogenes, Lactobacillus paracasei, L. salivarius, L. reuteri, L. animalis, L. plantarum, L. cellobiosus are prominently used Lactobacillus microbes in probiotics production.
 

Better compatibility with other supplements along with surge in swine feed demand will augment liquid form segment share

Liquid form segment of eubiotics market is expected to grow at a rate of over 8% up to 2026. They are mainly used for pigs and aquaculture nutrition due to easy feeding and compatibility. Liquid feed can easily mix with new supplements as compared to powdered form. Pigs are generally fed with liquid feed which effectively act to improve growth and feed conversion ratio. It is also easy to handle, less contaminated with dust and foreign particles and efficiently exerts desired action.
 

New product development to reduce diseases coupled with large swine production will drive the eubiotics market share for swine feed

Prevailing diseases among pigs including swine influenza which may affect human health after consumption has urged the manufactures to develop effective eubiotics products. Probiotics, essential oils, and organic acids are widely used products in pig nutrition to stimulate immune systems and protect from emerging livestock disease. Companies are engaged in research to examine the role of organic acids which can be used as potential replacements for antibiotic during post- weaning period.
 

Necessity to improve yield will support the eubiotics business expansion

Yield application is projected to be fastest growing segment in the global eubiotics market. Eubiotics help in achieving optimum feed utilization, higher feed efficiency, and complete nutrition thus resulting in weight gain and improved performance. Increasing demand for livestock farmers to increase yield by using various eubiotics feed additives coupled with growing meat consumption should drive industry growth. Eubiotics complement optimized feed utilization and help rising yield as they prevent various disease outbreak, thereby increasing immunity.
 

“The North America eubiotics market exceeded USD 820 million in 2019”.
 

Technological advancements towards new product development is among the key aspects driving the North America eubiotics industry trends. North America processed meat market sized to be over USD 150 billion in 2015 which should grow further due to busy lifestyle and increased disposable income. This increase in demand for processed meat should drive along regional eubiotics market size for healthy & safe cultivation of meat from poultry, cattle and swine. Growing awareness on end quality of animal derived products in North America and rising demand for high quality meat products is likely to boost product demand.
 

The North American market is fragmented with presence of a large number of multinational players as well as regional manufacturers. Key industry participants include DSM, BASF, Novozymes, Alltech, Cargill, Dupont, Roquette Freres, Friesland Campina, Chr. Hansen Holding A/S, Lesaffre Group, and Calpis. Prominent strategies observed among the manufacturers include mergers, acquisitions & collaborations as well as expanding product portfolio to increase their market share.
 

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