Eubiotics Market Set for Rapid Expansion during Forecast Period 2020-2025


Posted January 29, 2021 by bisrsrch

Focus on Offering Type (Probiotics, Prebiotics, Organic acids), Applications (Gut Health, Immunity), Livestock Type (Swine, Poultry, Aquaculture) and End User – Analysis and Forecast, 2020-2025

 
The eubiotics market is projected to grow from $ 5,239.9 million in 2019 to $ 7,740.1 million by 2025, at a CAGR 7.06% from 2020 to 2025. High growth in the market is expected to be driven by the increasing consumption and demand for meat, growing livestock diseases, and ban on the utilization of antibiotics growth promoters.

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The most attractive type of eubiotics is probiotics, which is adopted highly by the livestock producer after the prohibition on the usage of antibiotics growth promoters. The utilization of probiotics as an animal feed has been shown to have beneficial outcomes, including greater resistance to the infectious livestock diseases, enhanced growth rate, improved feed conversion, improved digestion, reduction in undesirable bacteria, and improved carcass quality and less contamination, among others.

The beneficial outcomes of probiotics include higher resistance to the infectious livestock diseases, enhanced growth rate, improvement in the feed conversion, improved digestion, reduction in undesirable bacteria and improved carcass quality, and less contamination, among others. In the growing phase of type of eubiotics, organic acids are expected to rise in popularity amongst customers due to the beneficial effect and ease of availability in the industry.

Major application areas of eubiotics products and ingredients include improvement in gut health, immunity, yield, productivity, and overall performance, among others. The management of the gut health application segment represents the most significant application market for eubiotics. Eubiotics can efficiently manage the gut microflora and effectively reduce the undesired pathogens to maintain digestibility and gut health. During the forecast period, applications such as immunity and yield are expected to display the maximum growth.

Eubiotics are unique and advanced animal feed that has been able to impact all types of livestock. Eubiotics have found application and adoption in several livestock types including poultry, pig, ruminants, aquaculture, and horses, among others. It has been utilized as an animal feed to effectively manage the health and well-being of the animals after the prohibition on the usage of antibiotics growth promoters.

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In terms of value, the swine segment dominated the eubiotics market (by livestock type) in 2019. The segment valued at $ 2,383.0 million in 2019 and is projected to reach $ 3,620.5 million by 2025, registering a CAGR of 7.57% between 2020 and 2025. High market share and growth potential attributed to the investment made by the number of companies in the poultry-based eubiotics products. Also, eubiotics offer swine with rich protein feed and enhance their health. The demand for swine-based eubiotics is expected to remain high in the animal nutrition and supplement market due to its high nutrient value. These are a few of the major reasons behind the higher adoption in swine livestock in the eubiotics market. Amongst livestock, poultry is valued at the second position in terms of the market share. The poultry in the global eubiotics market was valued at $1,532.5 million in 2019 and is projected to reach $2,188.7 million by 2025, registering a CAGR of 6.46% between 2020 and 2025.

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Issued By BIS RSRCH
Country United States
Categories Agriculture , News , Research
Tags eubiotics market
Last Updated January 29, 2021