Eubiotics Market: Increasing Demand for Meat Products and Concerns Over Antibiotic Use in Animal Feed

Eubiotics Market Overview:

The global eubiotics market was valued at USD 5.4 billion in 2022 and is projected to reach USD 10.7 billion by 2032, with a projected CAGR of 8% during the forecast period. This growth is attributed to the increasing demand for meat products and concerns regarding the use of antibiotics in animal feed. Eubiotics, which are feed additives, are utilized to improve animal performance, maintain gut health, and enhance nutrient utilization.

To address the global concern of antibiotic resistance in humans, eubiotics are utilized as a substitute for antibiotics in animal feed. Moreover, the use of eubiotics in animal feed is also beneficial in lowering greenhouse gas emissions and improving feed efficiency, thereby minimizing the negative environmental impact. With an anticipated world population of 9.7 billion by 2050, there is expected to be a surge in demand for meat-based products, thereby driving the need for eubiotics in animal feed.

The increasing demand for poultry meat and the stringent regulations pertaining to the use of antibiotics in animal feed are expected to significantly increase the utilization of eubiotics in poultry feed. Consequently, the demand for eubiotics in the animal feed industry is expected to contribute to the growth of the market.

Eubiotics Market Segments:

The global feed additives market is divided based on product outlook, form outlook, application outlook, and end-use outlook. Based on the product outlook, the market is segmented into probiotics, prebiotics, organic acids, phytogenic, and enzymes. Probiotics are further classified into lactobacilli, bifidobacterium, streptococcus, and others. Prebiotics are divided into fructo-oligosaccharides (FOS), inulin, galacto-oligosaccharides (GOS), mannan-oligosaccharides (MOS), and others. The organic acid segment is anticipated to witness substantial growth during the forecast period.

Based on form outlook, the global feed additives market is divided into liquid and solid. Liquid feed additives are expected to have a higher demand due to their ease of mixing, handling, and application.

On the basis of application outlook, the market is segmented into gut health, immunity, yield, and others. The gut health segment is projected to have the highest market revenue due to the increasing awareness about animal health and the use of feed additives to promote gut health in animals.

Based on the end-use outlook, the market is segmented into cattle feed, poultry feed, swine feed, aquatic feed, and others. The poultry feed segment is expected to dominate the market revenue share during the forecast period. This growth can be attributed to the increasing consumption of poultry meat and eggs, and rising demand for high-quality poultry feed to improve productivity and animal health.

Inquiry Before Buying: https://www.reportsanddata.com/inquiry-before-buying/6004

Eubiotics Market: Strategic Developments

The global eubiotics market is highly competitive, with several players operating in the market. These companies are focusing on strategies such as mergers and acquisitions, partnerships, and new product launches to expand their market share and strengthen their position in the industry.

Some of the major companies operating in the global eubiotics market are ADM Animal Nutrition, BASF SE, Cargill, Chr. Hansen Holding A/S, Danisco A/S, DSM, Evonik Industries AG, Kemin Industries, Koninklijke DSM N.V., Lallemand, Inc., Lesaffre Group, Novus International, Inc., Novozymes, Nutreco N.V., and Royal DSM.

In May 2021, DSM acquired First Choice Ingredients, a manufacturer of dairy-based concentrates and savory flavors for the food and beverage industries. The acquisition is expected to strengthen DSM's position in the food and beverage industry, particularly in the North American market.

Get Free Sample PDF (To Understand the Complete Structure of this Report [Summary + TOC]) @

https://www.reportsanddata.com/download-free-sample/6004

Eubiotics Market: Competitive landscape

The global eubiotics market is a highly competitive landscape, with the presence of several major players. These companies are implementing various strategies, including mergers and acquisitions, strategic agreements and contracts, and new product launches, to stay ahead in the market. Cargill, Incorporated, Evonik Industries AG, and Kemin Industries, Inc. are some of the leading companies in the eubiotics market.

Cargill, Incorporated is a leading producer and marketer of food, agricultural, financial, and industrial products and services. The company operates in 70 countries and has more than 155,000 employees worldwide. Evonik Industries AG is a German specialty chemicals company that produces chemicals, polymers, and materials. The company's products are used in a wide range of industries, including healthcare, agriculture, and automotive. Kemin Industries, Inc. is a global company that produces ingredients and solutions for the food, feed, and pet food industries. The company offers eubiotics products under the brand name, KemTRACE.

Browse More Reports:

https://www.reportsanddata.com/report-detail/lithium-ion-battery-electrolyte-market

https://www.reportsanddata.com/report-detail/microbial-and-bacterial-cellulose-market

https://www.reportsanddata.com/report-detail/plastic-rigid-ibc-market

https://www.reportsanddata.com/report-detail/chlorinated-polyvinylchloride-cpvc--market

https://www.reportsanddata.com/report-detail/crop-protection-agrochemicals-market

https://www.reportsanddata.com/report-detail/double-walled-corrugated-hide-pipes-market

https://www.reportsanddata.com/report-detail/low-temperature-co-fired-ceramic-ltcc-substrate-market

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkedIn | Twitter | Blogs | Insights

 

Comments

Post a Comment

Popular posts from this blog

Commercial Windows Market Growth Factors, Applications, Regional Analysis and Trend Forecast 2032

  rapid expansion in the global building sector is another factor driving market revenue growth. The global Commercial Windows Market size was USD 3.33 Billion in 2022 and is expected to reach USD 4.54 Billion in 2032, and register a rapid revenue CAGR of 3.5 % during the forecast period. Rapid expansion in the global construction sector, increasing awareness about advantages of natural light and ventilation, and rising demand for energy-efficient and sustainable building solutions are major factors driving market revenue growth. There is an increasing need for Energy-Efficient Windows that can assist lower energy expenses and carbon emissions due to increasing worries about environmental deterioration and energy usage. Demand for sustainable building solutions, particularly commercial windows, is rising by increasing emphasis on Green Building certification schemes such as Leadership in Energy and Environmental Design (LEED) and Building Research Establish...
Read more

Atomized Ferrosilicon Market 2028: Analysis of Key Trends, Drivers, and Opportunities Across Regions

  increasing demand for atomized ferrosilicon in the Asia-Pacific region, particularly in China and India The Atomized Ferrosilicon Market showed a significant robustness in 2020 and is expected to maintain a steady revenue CAGR over the forecast period, driven by increasing demand for building and sealing materials, welding materials, and growing infrastructure requirements worldwide. Ferrosilicon, an iron-silicon alloy, has a wide range of applications in the building, manufacturing, and architecture sectors. Although, heavy media losses in practical operation are restraining the market growth. Metallurgy processing is the largest segment of the global Atomized Ferrosilicon Market, and Asia Pacific is the largest revenue-generating region. The market has a few competitors or participants, which is an opportunity for start-ups if they offer superior and more evolved products. The report provides historical data points and forecasts for revenue growth at a global, regional, and ...
Read more

Growing need for eco-friendly packaging materials in the packaging sector, as well as a strong sense of demand for abaca fiber in the textile industry.

  The global  Abaca Fiber Market  size was USD 556.64 Million in 2022 and is expected to register a revenue CAGR of 15% over the forecast period, according to the latest report by Reports and Data. The demand for abaca fiber in the packaging sector is on the rise due to the increasing need for eco-friendly packaging materials. Abaca fiber is a biodegradable, compostable, and renewable alternative to plastic and other non-biodegradable materials, making it an excellent option for creating bags, containers, and other packaging materials. As the focus on sustainability continues to grow, abaca fiber is becoming an increasingly popular choice for those seeking environmentally-friendly packaging solutions. Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/5963 Top Lading Players: Catanduanes Fibers Estate Corporation, KenDor Textiles, Syncot Plc, Raffia Tapes & Labels Pvt. Ltd., Suzano S.A., International Fibers Group, Yusen Associates...
Read more