South America Eubiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.60 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Eubiotics Market Analysis
South America's eubiotics market is projected to register a CAGR of 7.4% during the forecast period (2020 - 2025). Eubiotic products are feed supplements given to animals to promote gut health and the overall health of the animal. The eubiotics market is driven by the growth of the livestock industry and Increasing awareness about feed quality and safety. The South American eubiotics market is consolidated with few players holding major share in the market.
South America Eubiotics Market Trends
This section covers the major market trends shaping the South America Eubiotics Market according to our research experts:
Brazil Dominates the Market
Being the leading livestock producer of the region, Brazil holds the major share of the South America Eubiotics market. Brazilan animal production industries have been growing continuously due to the government support and demand for various meats. Awareness of the impact of eubiotics on animal health has been increasing among the brazil animal farmers, promoting the consumption of Eubiotics. The eubiotics market in Brazil is anticipated to increase at a rapid rate in the coming years due to increasing animal production.
Increasing Awareness Among the Farmers Drives the Market
The use of probiotics and prebiotics in animal feeds has been shown to benefit digestion, animal performance, and the immune system. Farmers in relatively developed countries of South America such as Brazil and Argentina started recognizing the importance of animal feed supplements such as eubiotics. This is fueling the consumption of Eubiotic feed additives in the region and aiding the market. Escalating demand for better animal feed quality and enhanced living standards of the consumers are expected to boost the demand for eubiotics further in the near future.
South America Eubiotics Industry Overview
South America eubiotics market is consolidated with few players holding a major share in the market. BASF SE, Novus International, Cargill, etc, are some of the leading players in the regions. These players frequently launch new products to increase their sales. Along with new product launches, these companies are also concentrating on merging, acquisitions, and partnerships to continue their domination.
South America Eubiotics Market Leaders
DSM
BASF SE
Kemin Industries, Inc.
Cargill, Incorporated.
Novus International
*Disclaimer: Major Players sorted in no particular order
South 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 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of 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 By 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 Others
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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 Others
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5.2 By 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 Others
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5.3 Geography
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5.3.1 Brazil
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5.3.2 Argentina
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5.3.3 Rest of South 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 Kemin Industries, Inc.
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6.3.3 Cargill, Incorporated.
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6.3.4 Novus International
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6.3.5 DSM
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6.3.6 Addcon
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6.3.7 Behn Meyer Group
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6.3.8 Beneo Group
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
South America Eubiotics Industry Segmentation
Eubiotics buildup microflora in the gut of the animal and increase lactose tolerance level, which helps in healthy growth. The South America eubiotics report gives an in-detailed view of market size, driving forces of the market, competitive landscape along with future opportunities. The market is segmented by product type, animal type, and geography.
| By Type | ||||||
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| By Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Others |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Eubiotics Market Research FAQs
What is the current South America Eubiotics Market size?
The South America Eubiotics Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in South America Eubiotics Market?
DSM, BASF SE, Kemin Industries, Inc., Cargill, Incorporated. and Novus International are the major companies operating in the South America Eubiotics Market.
What years does this South America Eubiotics Market cover?
The report covers the South America Eubiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Eubiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Eubiotics Industry Report
Statistics for the 2024 South America Eubiotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South 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.
