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.
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 Size Summary
The South America eubiotics market is experiencing significant growth, driven by the expanding livestock industry and heightened awareness of feed quality and safety. Eubiotics, which are feed supplements aimed at promoting gut health and overall animal well-being, are gaining traction in the region. Brazil, as the leading livestock producer, holds a substantial share of the market, supported by government initiatives and increasing demand for various meats. The awareness among Brazilian farmers about the benefits of eubiotics on animal health is rising, which is expected to further propel market growth. The use of probiotics and prebiotics in animal feeds is becoming more recognized, particularly in developed countries like Brazil and Argentina, enhancing digestion, animal performance, and immune system health.
The market is characterized by consolidation, with a few key players such as BASF SE, Novus International, and Cargill dominating the landscape. These companies are actively engaging in product launches, mergers, acquisitions, and partnerships to maintain their market position. The demand for improved animal feed quality and better living standards for consumers is anticipated to drive the eubiotics market forward in the coming years. The strategic actions of leading companies, coupled with the growing recognition of the importance of eubiotics, are expected to sustain the market's upward trajectory in South America.
South America Eubiotics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Probiotics
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2.1.1.1 Lactobacilli
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2.1.1.2 Bifidobacteria
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2.1.1.3 Others
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2.1.2 Prebiotics
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2.1.2.1 Inulin
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2.1.2.2 Fructo-Oligosaccharides
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2.1.2.3 Galacto-Oligosaccharides
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2.1.2.4 Others
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2.2 By Animal Type
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2.2.1 Ruminant
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Aquaculture
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2.2.5 Others
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2.3 Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Rest of South America
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South America Eubiotics Market Size 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.
