Eubiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Eubiotics Market is segmented by Type into Prebiotics, Probiotics, Organic Acids, and Essential Oils, and by Animal Type into Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types, and by Geography.

Market Snapshot

Eubiotics Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 7.4 %
Eubiotics Market Key Players

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Market Overview

The eubiotics market is projected to register a CAGR of 7.4% during the forecast period. Eubiotics are expected to be the essential feed additive, which fills the vacuum created by the antibiotics ban. The capitalization of this vacuum is critical in the success of eubiotics, as antibiotics, irrespective of their health or environmental hazards, provided important functionality to the meat production processes. This impact is further strengthened by the systemic mode of action of eubiotics instead of a constricted local impact. The increasing production capabilities and  commercialization of farming in various emerging countries are pushing the growth of the eubiotics market.

Scope of the report

Eubiotics are feed additives that are useful in maintaining the digestive health of  livestock, thus inflicting a positive effect on the overall health and performance of animals. The visible indicators of the effects of eubiotics are the feed digestion and feed conversion ratios. These ratios are cited as the direct correlation for the overall health and well being of the animal. Organic acids are also an important aspect of the eubiotics market. A well-known eubiotics organic acid is Benzoic acid, which has shown considerable success in the suppression of probiotics, such as Escherichia Coli and Salmonella strains. It is well-regarded for its efficacy, wherein small doses of it are shown to suppress large probiotic microorganism populations.

By Type
Probiotics
Lactobacilli
Bifidobacteria
Other Probiotics
Prebiotics
Inulin
Fructo-oligosaccharides
Galacto-oligosaccharides
Other Prebiotics
Organic Acids
Essential Oils
By Animal Type
Ruminant
Poultry
Swine
Aquaculture
Other Animal Types
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Spain
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Rest of Middle East & Africa

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Key Market Trends

Industrialization of the Livestock Industry

The livestock sector has seen significant changes in the last decade. The surge in demand has been fulfilled by commercial livestock production and their associated value chains. In many markets, such as China, Japan, and India, animal husbandry has transformed into a highly diversified activity, with increased emphasis on scientific management of farm animals, improving productivity, and saving costs. According to the World Bank, the adoption of industrialized meat production is growing six times faster than that of traditional meat production. With an increase in the mass production of meat, the trend of landless meat production facilities is catching up. Large-scale meat production can lead to high water consumption with soil and water contamination. An estimated 60-90% of nitrogen and phosphorous consumed by animals act as a pollutant in the form of animal waste. Enhancing digestibility of feed is one of the most important functions performed by eubiotics, which help absorb these nutrients into animal tissues, thereby reducing animal waste. By helping to improve body mass of meat animals, as well as by nominally reducing the environmental impact of livestock rearing, the usage of eubiotics is expected to increase, because of the increased industrialization of livestock rearing.

Eubiotics Market Share

Increasing Eubiotics Consumption in the United States

In terms of value, the United States accounts for more than half of the North American eubiotics market. Beef, poultry, and veal are the most commonly consumed meat in the region.The ban of antibiotics by the Food and Drug Administration (FDA) in the United States in 2017 and subsequent development of research programs by local and global players are the major factors driving the growth of the market. In addition, governing bodies of the region are adopting alternative healthy initiatives for the development of high-quality, efficient, and safer feed additives.  The United States is a well-established market with the presence of strong demand for organic meat, which has compelled farmers to use natural ingredients in livestock feed. This is further expected to drive the demand for eubiotics in animal feed in the country.

Eubiotics Market Size By Region

Competitive Landscape

The eubiotics market is concentrated in the Asia-Pacific and North American regions and is fragmented among small regional players. Leading companies are focused on acquiring feed mills and small manufacturers are expanding  the business in local, as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign markets. For instance, Lallemand NZ Ltd, in 2016, merged with Nutritech International to become New Zealand’s largest supplier of animal nutrition and forage additive technologies. This strengthened its position in the eubiotics market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Probiotics

        1. 5.1.1.1 Lactobacilli

        2. 5.1.1.2 Bifidobacteria

        3. 5.1.1.3 Other Probiotics

      2. 5.1.2 Prebiotics

        1. 5.1.2.1 Inulin

        2. 5.1.2.2 Fructo-oligosaccharides

        3. 5.1.2.3 Galacto-oligosaccharides

        4. 5.1.2.4 Other Prebiotics

      3. 5.1.3 Organic Acids

      4. 5.1.4 Essential Oils

    2. 5.2 By Animal Type

      1. 5.2.1 Ruminant

      2. 5.2.2 Poultry

      3. 5.2.3 Swine

      4. 5.2.4 Aquaculture

      5. 5.2.5 Other Animal Types

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Russia

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 BASF SE

      2. 6.3.2 Cargill Incorporated

      3. 6.3.3 Novozymes

      4. 6.3.4 E. I. du Pont de Nemours and Company

      5. 6.3.5 Kemin Industries Inc.

      6. 6.3.6 Lallemand Inc.

      7. 6.3.7 Koninklijke DSM NV

      8. 6.3.8 Chr. Hansen Holding AS

      9. 6.3.9 Addcon

      10. 6.3.10 Novus International Inc.

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Eubiotics Market market is studied from 2016 - 2026.

The Eubiotics Market is growing at a CAGR of 7.4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

BASF SE, Cargill Inc., Koninklijke DSM NV, Lallemand Inc., Novus International Inc. are the major companies operating in Eubiotics Market.

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