Eubiotics Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5.31 Billion |
| Market Size (2029) | USD 7.58 Billion |
| CAGR (2024 - 2029) | 7.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Eubiotics Market Analysis
The Eubiotics Market size is estimated at USD 5.31 billion in 2024, and is expected to reach USD 7.58 billion by 2029, growing at a CAGR of 7.40% during the forecast period (2024-2029).
The COVID-19 pandemic moderately impacted the eubiotics industry. The impact was mixed on the industry as the companies suffered economic losses due to social restrictions in the major markets. However, the pandemic resulted in increased awareness about the adverse effects of antibiotics on animals, influencing the market's growth positively.
The eubiotics market is emerging as antibiotic alternatives or antimicrobials byproducts in the animal feed industry, intended to boost livestock's immunity and gut health while acting as livestock nutrition. Manufacturers are focusing on maintaining a balance in the ingredients used in the production of eubiotics to optimize nutrient absorption. In addition, the imposition of bans on antibiotics in North America and Europe, rising prices of natural feed grades, and the use of feed enzymes for cost reduction of feed grades contribute to the market's growth.
Probiotics led the market and account for a major share of the global revenue in 2021. Their demand is driven by their growing utilization, as probiotics produce specific antibacterial substances, resulting in increased immunity. For instance, probiotics, including Enterococcus Faecium, are utilized in several end-use applications, including immunity development and gut health maintenance. In addition, rising awareness concerning the usage of probiotics and strategic initiatives adopted by key manufacturers to generalize the usage of probiotics is anticipated to fuel the product's demand over the forecast period.
Poultry feed emerged as the largest end-use segment and accounted for more than 20% of the global revenue in 2021. Growing demand for poultry meat and concerns over meat quality are driving the segment's growth. There has been a mounting demand for poultry meat and products such as eggs worldwide, thereby compelling poultry industry players to implement competent methods to upsurge yield.
Eubiotics Market Trends
This section covers the major market trends shaping the Eubiotics Market according to our research experts:
Industrialization of the Livestock Industry
The livestock sector saw significant changes in the last decade. The surging demand was fulfilled by commercial livestock production and their associated value chains. In many markets, such as China, Japan, and India, animal husbandry transformed into a highly diversified activity, emphasizing the scientific management of farm animals, improving productivity, and saving costs. According to the World Bank, the adoption of industrialized meat production is growing six times faster than that of traditional meat production. 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 the digestibility of the 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 improve the body mass of meat animals and nominally reducing the environmental impact of livestock rearing, the usage of eubiotics is anticipated to increase due to the increased industrialization of livestock rearing.
Increasing Eubiotics Consumption in Europe
Europe emerged as the largest regional segment and accounted for more than 40% of the global revenue in 2020. Efforts taken by livestock producers to comply with the prevalent regulations and ban on the usage of antibiotics are resulting in high product demand. The growth of the market for eubiotics in the region is characterized by the presence of strict laws and regulations discouraging the usage of antibiotics, which is expected to benefit the market. Strong awareness regarding the usage of eubiotics and their benefits, the presence of market players, and strong demand from countries such as Germany, the United Kingdom, France, and Spain are driving the overall regional demand.
Eubiotics Industry Overview
The eubiotics market is fragmented and competitive and is characterized by the presence of several small, medium, and large industry players operating globally. Leading companies are focused on acquiring feed mills and small manufacturers are expanding their businesses in local and foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign markets. The key players in the market are implementing various strategies, including the expansion of product portfolio, mergers and acquisitions, and partnerships, to increase their business share and tap the growth opportunities.
Eubiotics Market Leaders
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BASF SE
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Cargill Inc.
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Koninklijke DSM NV
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Lallemand Inc.
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Novus International Inc.
*Disclaimer: Major Players sorted in no particular order
Eubiotics Market News
In July 2021, Koninklijke DSM NV (Royal DSM) acquired Midori USA Inc., a start-up company primarily involved in developing targeted eubiotics that improve the environmental impact and health of the animals. The company introduced a new technology that recognizes glycans sourced from natural food sugar and modulated the way in which the microbiome in the gut functions in animals. The glycans help provide a consistent and effective impact on the gut health of animals, further leading to improved animal health and enhanced nutrient usage from the feed.
In 2021, Novus International partnered with Agrivida, a US-based biotechnology company, for R&D collaborations. Through this partnership, the company will explore possibilities in new product developments, which may drive the company's eubiotics business.
In 2020, Chr. Hansen Holding AS launched a new probiotic for dairy and beef cattle called 'Bovacillus'. It is a special type of probiotic as its Bacillus spores survive harsh conditions during feed production, preparation, and within the gastrointestinal tract. The new product will help the company strengthen its position in the animal health nutrition industry.
Eubiotics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Probiotics
- 5.1.1.1 Lactobacilli
- 5.1.1.2 Bifidobacteria
- 5.1.1.3 Other Probiotics
- 5.1.2 Prebiotics
- 5.1.2.1 Inulin
- 5.1.2.2 Fructo-oligosaccharides
- 5.1.2.3 Galacto-oligosaccharides
- 5.1.2.4 Other Prebiotics
- 5.1.3 Organic Acids
- 5.1.4 Essential Oils
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5.2 Animal Type
- 5.2.1 Ruminant
- 5.2.2 Poultry
- 5.2.3 Swine
- 5.2.4 Aquaculture
- 5.2.5 Other Animal Types
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Spain
- 5.3.2.5 Russia
- 5.3.2.6 Italy
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 BASF SE
- 6.3.2 Cargill Incorporated
- 6.3.3 Novozymes
- 6.3.4 E. I. du Pont de Nemours and Company
- 6.3.5 Kemin Industries Inc.
- 6.3.6 Lallemand Inc.
- 6.3.7 Koninklijke DSM NV
- 6.3.8 Chr. Hansen Holding AS
- 6.3.9 Addcon
- 6.3.10 Novus International Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
Eubiotics Industry Segmentation
The scope of the report includes eubiotics as a class of feed additives, including prebiotics, probiotics, essential oils, and organic acids. The eubiotics market is segmented by type, animal type, and geography. The report offers market size and forecast in terms of value in USD million for all the above-mentioned segments.
| Type | Probiotics | Lactobacilli |
| Bifidobacteria | ||
| Other Probiotics | ||
| Type | Prebiotics | Inulin |
| Fructo-oligosaccharides | ||
| Galacto-oligosaccharides | ||
| Other Prebiotics | ||
| Type | Organic Acids | |
| Essential Oils | ||
| Animal Type | Ruminant | |
| Poultry | ||
| Swine | ||
| Aquaculture | ||
| Other Animal Types | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Spain | ||
| Russia | ||
| Italy | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| Rest of Middle-East and Africa |
Eubiotics Market Research FAQs
How big is the Eubiotics Market?
The Eubiotics Market size is expected to reach USD 5.31 billion in 2024 and grow at a CAGR of 7.40% to reach USD 7.58 billion by 2029.
What is the current Eubiotics Market size?
In 2024, the Eubiotics Market size is expected to reach USD 5.31 billion.
Who are the key players in Eubiotics Market?
BASF SE, Cargill Inc., Koninklijke DSM NV, Lallemand Inc. and Novus International Inc. are the major companies operating in the Eubiotics Market.
Which is the fastest growing region in Eubiotics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Eubiotics Market?
In 2024, the Asia Pacific accounts for the largest market share in Eubiotics Market.
What years does this Eubiotics Market cover, and what was the market size in 2023?
In 2023, the Eubiotics Market size was estimated at USD 4.94 billion. The report covers the Eubiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Eubiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Eubiotics Industry Report
Statistics for the 2024 Eubiotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 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.
