PUBLISHER: Value Market Research | PRODUCT CODE: 1305213
PUBLISHER: Value Market Research | PRODUCT CODE: 1305213
The global demand for Eubiotics Market is presumed to reach the market size of nearly USD 16.99 BN by 2030 from USD 8.12 BN in 2022 with a CAGR of 8.55% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Units in 2022 and forecast to touch XX Units by 2030 with a CAGR of XX% during 2023 - 2030.
Eubiotics is a term used to describe substances or techniques that promote the balance and well-being of microorganisms in the digestive system of animals. It refers to the use of feed additives, such as probiotics, prebiotics, organic acids, and enzymes, to improve the health and performance of animals. Eubiotics are used in animal husbandry to reduce the use of antibiotics and other chemical additives in feed, as they provide a natural and safe alternative. They are also used to improve animal health, welfare, and productivity, as well as to reduce the incidence of diseases and the need for veterinary interventions.
The growing demand for meat and animal products worldwide is driving the demand for eubiotics in animal feed. Eubiotics help improve animal health and productivity, which leads to better quality and quantity of meat and dairy products. The restriction on antibiotic growth promoters' usage in animal feed in many countries has led to the increased use of eubiotics as a natural alternative to improve animal health and performance. The increasing awareness among consumers and animal welfare organizations about the use of antibiotics in animal feed and its potential impact on animal health and welfare are driving the demand for eubiotics. The rising concerns about food safety and quality are driving the demand for eubiotics in animal feed. Eubiotics are considered safe and natural alternatives to antibiotics, and their use can improve the quality and safety of meat and animal products. The development of new and advanced technologies in the production of eubiotics, such as microencapsulation and nanotechnology, is driving the growth of the eubiotics market. The rising demand for meat and animal products in the growing economies of China, India, and Brazil is driving the demand for eubiotics in animal feed. The increasing demand from these regions is expected to drive the growth of the global eubiotics market in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of eubiotics. The growth and trends of Eubiotics Industry provide a holistic approach to this study.
This section of the eubiotics market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Eubiotics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the eubiotics market include DSM, Novozymes, Kemin Industries Inc., Roquette Freres, FrieslandCampina, Neospark Drugs and Chemicals Private Limited, ASAHI GROUP HOLDINGS Ltd., Lesaffre, MSPrebiotics Inc., ADM, Lallemand Inc., BEHN MEYER, NOVUS INTERNATIONAL, BENEO, Yara, Cargill Incorporated, BASF SE, Chr. Hansen Holding A/S, ADDCON GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies