Eubiotics Market size to grow at a CAGR of 7.32% from 2022 to 2027; Increased focus on animal health to prevent disease outbreaks to drive the market growth - Technavio

NEW YORK, April 21, 2023 /PRNewswire/ -- The eubiotics market size is set to grow by USD 2,256.91 million from 2022 to 2027, and register a CAGR of 7.32%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a comprehensive report summary describing the market size and forecast along with research methodology.  View Sample Report

The report also covers the following areas:

• Eubiotics Market size
• Eubiotics Market trends
• Eubiotics Market industry analysis

Eubiotics Market 2023-2027: Segmentation

The Eubiotics Market is segmented as follows:

• Type 
• Poultry
• Swine
• Ruminant
• Aquaculture
• Others
• Product 
• Dry
• Liquid
• Geography 
• Europe
• North America
• APAC
• South America
• Middle East And Africa

The market share growth by the poultry segment will be significant for market growth during the forecast period. This segment is expected to register significant growth during the forecast period due to the global rise in poultry consumption. Poultry consumption in countries such as the US, the UK, and Argentina is rising due to the rise in beef prices, which will positively impact the global eubiotics market. Poultry dominates the meat industry globally because it is free from the religious implications that are normally associated with beef and pork. Emerging countries like China, Brazil, and India, which have high populations are important markets for poultry meat. Additionally, poultry comes under the white meat category. This is considered healthier for consumption compared to red meat. One of the major challenges for the market is the outbreak of bird flu in Asia. This can have a significant impact on the production and consumption of poultry meat, which increases demand for healthy poultry and growing poultry farming. These factors are expected to drive segment demand which will simultaneously boost the growth of the global eubiotics market during the forecast period.

Eubiotics Market 2023-2027: Vendor Analysis and Scope

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To help businesses improve their market position, the eubiotics market provides a detailed analysis of around 15+ vendors operating in the market. Some of these vendors include Advanced BioNutrition Corp., Archer Daniels Midland Co., Associated British Foods Plc, BASF SE, Behn Meyer Deutschland Holding AG and Co. KG, Calpis Co., Ltd., Cargill Inc., China National Chemical Corp. Ltd., Chr Hansen Holding AS, Kemin Industries Inc., Koninklijke DSM NV, Lallemand Inc., Lesaffre and Cie, Novo Holdings AS, Novus International Inc., RAG Stiftung, SHV Holdings, and Sudzucker AG.

Vendor Offerings

• Advanced BioNutrition Corp. - The company offers eubiotics for animal nutrition.
• Archer Daniels Midland Co. - The company offers eubiotics such as Pancosma.
• Associated British Foods Plc - The company offers eubiotics for pigs.

Market trends such as rising awareness about disease prevention is likely to emerge as one of the primary drivers of the market. However, factors such as increase in raw material prices may threaten the growth of the market.

Eubiotics Market 2023-2027: Market Dynamics

Key Drivers

• The increased focus on animal health to prevent disease outbreaks is a major driver for the growth of the eubiotics market during the forecast period.
• The immunity of farm animals is neutralized by unsafe and contaminated feed ingredients. This results in the need for innovative feed additives such as eubiotics, that is essential in supporting animal performance and welfare. 
• Diseases can have a negative impact on the trade of livestock goods including dairy, meat, and by-products. The illness-affected areas have been prohibited from exporting these products for a long time until the disease has been entirely cleared and managed.
• The APAC region had epidemics of the H5N1 influenza virus (2014) and foot-and-mouth disease (2011), which raised consumer awareness of the importance of using high-quality feed premixes.
• Hence, such factors drive the market growth of eubiotics during the forecast period.

Major Trends

• The growing awareness about disease prevention is the key trend in the global eubiotics market growth.
• Due to the rising awareness across the world, preventive care includes a regular screening of animals to determine immunizations, diet, dental care, and evaluation of other risk factors to take place in May 2022.
• Boehringer Ingelheim does not financially invest in or support the Cowtribe for Social Engagement initiative, it is a program aimed to fill a critical funding gap for social enterprises in vulnerable communities. 
• This also uses technology to coordinate the delivery of veterinary vaccines as well as other animal health products to local communities.
• Hence, such factors fuel the growth of the eubiotics market to buy preventive feed ingredients. Therefore, the rising awareness about disease prevention is expected to drive the growth of the market during the forecast period.

Key Challenges

• A major challenge impeding the market growth of the eubiotics is the rising raw material prices.
• Eubiotics are derived from natural sources including seeds, bark, and leaves. The growing extraction costs from these sources and stringent regulations on bio-waste materials and wastewater treatment are restraining the growth of the eubiotics market.
• The demand for food increases due to the increasing world population, which puts the animal feed industry under tremendous pressure when it comes to sourcing raw feeds such as corn, wheat, and barley.
• Hence, such challenges impede the market growth during the forecast period.

Eubiotics Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist eubiotics market growth during the next five years
• Estimation of the eubiotics market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the eubiotics market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of eubiotics market vendors

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Related Reports:

The antibiotics market size is estimated to grow at a CAGR of 6.07% between 2022 and 2027. The antibiotics market size is forecast to increase by USD 17,066.66 million. This market report extensively covers market segmentation by product (broad-spectrum antibiotics and narrow-spectrum antibiotics), route of administration (intravenous, oral, and others), and geography (Asia, North America, Europe, and Rest of World). The rising prevalence of infectious diseases is notably driving the market growth.

The probiotics market size is expected to increase to USD 31.07 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.54%. Furthermore, this report extensively covers the probiotics market segmentation by product (probiotic functional food and beverage, dietary supplements, and animal feed), end-user (human probiotics and animal probiotics), distribution channel (supermarkets and hypermarkets, independent retailers, discounters, convenience stores, and online stores), and geography (Europe, APAC, North America, the Middle East and Africa, and South America). The health benefits of probiotics are a key factor driving the global probiotics market growth.

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Table Of Contents : 

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global eubiotics market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global eubiotics market 2017 - 2021 ($ million)

• 4.2 By Type Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – By Type Segment 2017 - 2021 ($ million)

• 4.3 By Product Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – By Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Poultry - Market size and forecast 2022-2027
• Exhibit 34: Chart on Poultry - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Poultry - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Poultry - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Poultry - Year-over-year growth 2022-2027 (%)

• 6.4 Swine - Market size and forecast 2022-2027
• Exhibit 38: Chart on Swine - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Swine - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Swine - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Swine - Year-over-year growth 2022-2027 (%)

• 6.5 Ruminant - Market size and forecast 2022-2027
• Exhibit 42: Chart on Ruminant - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Ruminant - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Ruminant - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Ruminant - Year-over-year growth 2022-2027 (%)

• 6.6 Aquaculture - Market size and forecast 2022-2027
• Exhibit 46: Chart on Aquaculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Aquaculture - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Aquaculture - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Aquaculture - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Type 
• Exhibit 54: Market opportunity by Type ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 55: Chart on Product - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 57: Chart on Comparison by Product
• Exhibit 58: Data Table on Comparison by Product

• 7.3 Dry - Market size and forecast 2022-2027
• Exhibit 59: Chart on Dry - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Dry - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Dry - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Dry - Year-over-year growth 2022-2027 (%)

• 7.4 Liquid - Market size and forecast 2022-2027
• Exhibit 63: Chart on Liquid - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Liquid - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Liquid - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Liquid - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product 
• Exhibit 67: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Brazil - Market size and forecast 2022-2027
• Exhibit 105: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Brazil - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

• 9.12 Russia - Market size and forecast 2022-2027
• Exhibit 109: Chart on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Advanced BioNutrition Corp. 
• Exhibit 120: Advanced BioNutrition Corp. - Overview
• Exhibit 121: Advanced BioNutrition Corp. - Product / Service
• Exhibit 122: Advanced BioNutrition Corp. - Key offerings

• 12.4 Archer Daniels Midland Co. 
• Exhibit 123: Archer Daniels Midland Co. - Overview
• Exhibit 124: Archer Daniels Midland Co. - Business segments
• Exhibit 125: Archer Daniels Midland Co. - Key offerings
• Exhibit 126: Archer Daniels Midland Co. - Segment focus

• 12.5 Associated British Foods Plc 
• Exhibit 127: Associated British Foods Plc - Overview
• Exhibit 128: Associated British Foods Plc - Business segments
• Exhibit 129: Associated British Foods Plc - Key offerings
• Exhibit 130: Associated British Foods Plc - Segment focus

• 12.6 BASF SE 
• Exhibit 131: BASF SE - Overview
• Exhibit 132: BASF SE - Business segments
• Exhibit 133: BASF SE - Key news
• Exhibit 134: BASF SE - Key offerings
• Exhibit 135: BASF SE - Segment focus

• 12.7 Behn Meyer Deutschland Holding AG and Co. KG
• Exhibit 136: Behn Meyer Deutschland Holding AG and Co. KG - Overview
• Exhibit 137: Behn Meyer Deutschland Holding AG and Co. KG - Product / Service
• Exhibit 138: Behn Meyer Deutschland Holding AG and Co. KG - Key offerings

• 12.8 Cargill Inc. 
• Exhibit 139: Cargill Inc. - Overview
• Exhibit 140: Cargill Inc. - Product / Service
• Exhibit 141: Cargill Inc. - Key news
• Exhibit 142: Cargill Inc. - Key offerings

• 12.9 Chr Hansen Holding AS 
• Exhibit 143: Chr Hansen Holding AS - Overview
• Exhibit 144: Chr Hansen Holding AS - Business segments
• Exhibit 145: Chr Hansen Holding AS - Key news
• Exhibit 146: Chr Hansen Holding AS - Key offerings
• Exhibit 147: Chr Hansen Holding AS - Segment focus

• 12.10 Kemin Industries Inc. 
• Exhibit 148: Kemin Industries Inc. - Overview
• Exhibit 149: Kemin Industries Inc. - Product / Service
• Exhibit 150: Kemin Industries Inc. - Key news
• Exhibit 151: Kemin Industries Inc. - Key offerings

• 12.11 Koninklijke DSM NV 
• Exhibit 152: Koninklijke DSM NV - Overview
• Exhibit 153: Koninklijke DSM NV - Business segments
• Exhibit 154: Koninklijke DSM NV - Key news
• Exhibit 155: Koninklijke DSM NV - Key offerings
• Exhibit 156: Koninklijke DSM NV - Segment focus

• 12.12 Lallemand Inc. 
• Exhibit 157: Lallemand Inc. - Overview
• Exhibit 158: Lallemand Inc. - Product / Service
• Exhibit 159: Lallemand Inc. - Key offerings

• 12.13 Lesaffre and Cie 
• Exhibit 160: Lesaffre and Cie - Overview
• Exhibit 161: Lesaffre and Cie - Product / Service
• Exhibit 162: Lesaffre and Cie - Key news
• Exhibit 163: Lesaffre and Cie - Key offerings

• 12.14 Novo Holdings AS 
• Exhibit 164: Novo Holdings AS - Overview
• Exhibit 165: Novo Holdings AS - Product / Service
• Exhibit 166: Novo Holdings AS - Key news
• Exhibit 167: Novo Holdings AS - Key offerings

• 12.15 Novus International Inc. 
• Exhibit 168: Novus International Inc. - Overview
• Exhibit 169: Novus International Inc. - Product / Service
• Exhibit 170: Novus International Inc. - Key offerings

• 12.16 RAG Stiftung 
• Exhibit 171: RAG Stiftung - Overview
• Exhibit 172: RAG Stiftung - Product / Service
• Exhibit 173: RAG Stiftung - Key offerings

• 12.17 Sudzucker AG 
• Exhibit 174: Sudzucker AG - Overview
• Exhibit 175: Sudzucker AG - Business segments
• Exhibit 176: Sudzucker AG - Key offerings
• Exhibit 177: Sudzucker AG - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations

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