Global Eubiotics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Global Eubiotics Market Overview:

“The global Eubiotics Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global eubiotics market report has been segmented on the basis of product, form, application, livestock, and region.

Eubiotics are animal feed additives that enhance the nutritional value of the feed and improve the health of animal. Eubiotics naturally support and maintain the animal gut health. Ingredients used in eubiotics includes natural plant extracts and carboxylic acids.

Increasing awareness regarding the meat quality coupled with adverse health effects on animals due to antibiotics is expected to be major factors driving the market growth over the forecast period.

Ban on antibiotics in most of the courtiers has boosted the demand for alternatives to antibiotics such as eubiotics. Rising concerns regarding the disease outbreak such as bird flu, swine flu, and various mouth and foot diseases coupled stringent regulations regarding the quality of meat is anticipated to drive the market growth over the forecast period.

On the basis of product, probiotics segment is expected to account the major share of the market revenue and is estimated to dominate the market growth over the forecast period.

Probiotics such as Bacillus subtilis and Enterococcus faecium are used in animal applications. Increasing awareness regarding probiotics usage and competitive strategies adopted by major players to generalize probiotics usage in animal feed is expected to drive the segment growth.

Gut health is estimated to be largest application segment in the global eubiotics market and is expected to maintain its dominance over the forecast period. Eubiotics helps in maintaining the gut health by impacting the microflora in the gut.

Europe is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. Increasing awareness regarding eubiotics in UK, Russia, Germany, and France, coupled with growing meat consumption in the region is anticipated to propel the eubiotics market growth over the forecast period.

Rising awareness regarding meat quality and growing concerns regarding side effects of antibiotics in animals are anticipated to propel the market growth over the forecast period.

Market segmentation and key players operating in the global eubiotics market:

By product:

• Probiotics
• Prebiotics
• Organic acids
• Essential oils

By form:

• Dry form
• Liquid form

By application:

• Gut health
• Yield
• Immunity
• Others (Productivity and Nutrition)

By livestock:

• Poultry
• Swine
• Aquatic
• Ruminants

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa