The eubiotics market is set for substantial growth, projecting an impressive 8% CAGR, and expected to surpass US$ 9.8 billion by 2030” Eubiotics' rise is driven by their significant role in promoting gut health and animal welfare, leading to increased demand for sustainable alternatives to antibiotics in animal feed.
The report " Eubiotics Market, By Product (Probiotics, Prebiotics, Organic Acids, and Essential Oils), By Dosage Form (Dry and Liquid), By Application (Gut Health, Immunity, Yield, and Others (Productivity and Nutrition)), By Livestock (Poultry, Swine, Aquatic, and Ruminants), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast Till 2030”
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https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/551
Key Highlights:
· In 2021, DSM has acquired Midori USA, Inc, a biotechnology start-up with a novel precision platform developing breakthrough targeted eubiotics that improve the health and environmental impact of animals.
· In 2020, Biomin has launched a new mycotoxin and endotoxin deactivation product designed specifically for the fattening period in poultry and swine.
Analyst view:
From the analyst's perspective, the eubiotics market is exhibiting remarkable potential for growth and development. The projected 8% CAGR indicates a robust upward trajectory, driven primarily by the increasing awareness of the adverse effects of antibiotics in animal feed and the growing demand for natural, sustainable alternatives. Eubiotics' ability to promote gut health and improve animal performance is resonating well with consumers and the livestock industry alike.
The rising concerns regarding animal welfare and sustainable agricultural practices are further boosting the adoption of eubiotics, particularly in regions like Asia-Pacific, Europe, and North America. These regions are witnessing significant market expansion, with Asia-Pacific leading the charge due to its burgeoning livestock production and the rising demand for high-quality meat and dairy products.
Competitive Landscape:
Key players operating in the global eubiotics market includes Cargill INC, BASF SE, E. I. du Pont de Nemours and Company, Koninklijke DSM N. V., Chr. Hansen Holding A/S, Novozymes A/S, Calpis Co., Ltd., Lesaffre et Compagnie, SA, Kemin Industries, Inc., and Lallemand Inc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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