Market Size of South America Eubiotics Industry
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.