North America Eubiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Eubiotics Market Analysis
The North America feed antioxidants market is projected to register a CAGR of 6.2% during the forecast period 2020-2025. 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.
North America Eubiotics Market Trends
This section covers the major market trends shaping the North America Eubiotics Market according to our research experts:
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. 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.
Increased Eubiotics Consumption in 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.
North America Eubiotics Industry Overview
The eubiotics market is concentrated in North America. 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.
North America Eubiotics Market Leaders
Novus International Inc.
DSM
Lallemand Animal Nutrition
BASF SE
Adisseo
*Disclaimer: Major Players sorted in no particular order
North America Eubiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porters Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Probiotics
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5.1.1.1 Lactobacilli
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5.1.1.2 Bifidobacteria
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5.1.1.3 Other Probiotics
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5.1.2 Prebiotics
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5.1.2.1 Inulin
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5.1.2.2 Fructo-oligosaccharides
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5.1.2.3 Galacto-oligosaccharides
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5.1.2.4 Other Prebiotics
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5.1.3 Organic Acids
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5.1.4 Essential Oils
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5.2 Animal Type
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5.2.1 Ruminant
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5.2.2 Poultry
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5.2.3 Swine
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5.2.4 Aquaculture
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5.2.5 Other Animal Types
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5.3 Geography
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5.3.1 United States
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5.3.2 Canada
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5.3.3 Mexico
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5.3.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 BASF SE
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6.3.2 Cargill Incorporated
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6.3.3 Novozymes
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6.3.4 Kemin Industries Inc.
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6.3.5 Lallemand Inc.
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6.3.6 Novus International Inc.
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6.3.7 DSM Inc.
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6.3.8 Adisseo
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
North America Eubiotics Industry Segmentation
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. The North America 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, in the countries like United States, Canada and Mexico.
| Type | ||||||
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| Organic Acids | ||||||
| Essential Oils |
| Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Eubiotics Market Research FAQs
What is the current North America Eubiotics Market size?
The North America Eubiotics Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in North America Eubiotics Market?
Novus International Inc., DSM, Lallemand Animal Nutrition, BASF SE and Adisseo are the major companies operating in the North America Eubiotics Market.
What years does this North America Eubiotics Market cover?
The report covers the North America Eubiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Eubiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Eubiotics Industry Report
Statistics for the 2024 North America Eubiotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Eubiotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
