"Market Intelligence that Adds Flavour to Your Success"
Eubiotics are innovative feed additives, which help support animal performance and welfare by supporting gut health. These additives help in proper nutrient absorption, which is required for the average animal's body functioning. Eubiotics are used as substitutes for antibiotics in feed and are considered better for an animal's overall health. Therefore, the growing demand for animal protein coupled with a ban on antibiotics propels the sales of eubiotics feed additives.
The growing consumption of meat across the globe has further increased the demand for high-quality animal protein. According to the University of Illinois Urbana, in 2020, the per capita meat consumption in the U.S. reached 264 pounds per person. Also, consumer awareness related to meat quality has grown lately. Enhancing the digestibility of the feed is one of the main functions carried out by eubiotics, and it helps absorb these nutrients into animal tissues, thereby reducing animal waste. Therefore, to cater to this rising demand, farmers inculcate applications of eubiotics in animal feed. Furthermore, the rising industrialization of livestock rearing is increasing the usage of eubiotics in animal feed.
COVID-19 moderately affected the eubiotics market. The market had a mixed impact as the companies suffered economic losses due to social restrictions and travel bans. The pandemic impacted the livestock sector due to disruptions in the animal feed supply chain, reduced animal farming services, limited animal health services, including delays in the diagnosis and treatment of diseases, and limited access to markets and consumers. The production of feed was affected owing to sudden shutdowns of manufacturing units and restricted transport services. Additionally, farm animals have been deprived of essential feed ingredients in their diets. However, the pandemic increased the awareness about the adverse effects of antibiotics on animals, thereby increasing the demand for eubiotics.
The report will cover the following key insights:
The probiotics segment is expected to hold a significant share of the global eubiotics market. Probiotics are viable microorganisms utilized as feed additives that prevent bacterial infections and foodborne pathogens. They appear to be a suitable alternative to overcome these problems, owing to their ability to modulate the immune system and intestinal microflora. According to the National Center for Biotechnology Information (NCBI) studies, supplementing probiotics in animal feed positively alters the gut microbiota, helps reducing disease symptoms and pathogen shedding, increases gut immunity, and improves health and disease resistance. Therefore, the players operating in the livestock sector are formulating products, owing to rising probiotic demand in animal feeds. For instance, in July 2022, Kemin Industries, a company supplying specialty ingredients for several industries, including human/animal health and nutrition, pet food, aquaculture, and others, launched ENTEROSURE, a new probiotic solution. The new product helps reduce the risk of diseases affecting the intestinal health of livestock and poultry.
The prebiotic segment is expected to grow at a high CAGR over the forecast period. Prebiotics help the immunity system and increase the utilization of nutrients in animals. Prebiotics are also majorly used as an alternative to antimicrobials owing to their health-promoting properties, and thus propel the demand for eubiotics in the market.
The poultry segment is expected to hold a significant share of the global eubiotics market. The growing concerns over meat quality and demand for poultry meat drive the segment's growth. Poultry meat is widely consumed owing to its low price compared to other meat, its low-fat content, and fewer cultural and religious barriers associated with its consumption. According to the United States Department of Agriculture (USDA) report, the value of broilers produced during 2021 was USD 31.5 billion and was increased by 48% from 2020. Furthermore, the increasing demand for superior-quality meat led key players to develop innovative feed solutions to improve food safety concerns and animal performance. For instance, in January 2023, Phileo by Lesaffre, an animal nutrition company, launched Actisaf Sc 47 HR+ probiotics for the poultry sector. The product helps feed efficiency and production performance in birds.
The swine segment is expected to grow at a high CAGR over the forecast period. Eubiotics are used as additives in swine feed or as dietary supplements that help improve gut and reproductive health and ensure proper growth of animals. The growing pork consumption among consumers led producers to produce high-quality and disease-free meat products for human consumption, propelling the demand for eubiotics in the market.
Based on form, the dry segment is expected to hold a major share of the global eubiotics market. Dry form of eubiotics offers various benefits, owing to its longer shelf life and usage in various feed additives. The liquid segment is expected to grow at a high CAGR over the forecast period as it is easy to mix in feed additives and does not affect the texture.
The nutrition & gut segment is expected to hold a major share of the global eubiotics market. Good gut health is a prerequisite for efficiently sound farm animals. Therefore, eubiotics function as an innovative feed additive supporting animal welfare by improving gut health. The growing applications of eubiotics for animal nutrition led to several players adopting business strategies and increasing their footprint in the eubiotics market. For instance, in July 2021, DSM, a Dutch multinational corporation, acquired Midori USA, Inc., a biotechnology start-up manufacturing eubiotics. The acquisition helped the company strengthen its position in the eubiotics industry.
To gain extensive insights into the market, Request for Customization
Europe is expected to hold a major global eubiotics market share, owing to increasing consumption of processed food, including meat, and growing livestock production. Meat consumption has increased in Italy, France, and Germany. Furthermore, the Europe market is growing due to stringent rules and regulations that forbid antibiotic use, which is expected to benefit the market. Regulatory bodies, such as the Food and Drug Administration (FDA) and European Food Safety Authority (EFSA), are engaged in researching and identifying sustainable feed additives in the region. The regional players thus develop products that comply with Europe's Commission Implementing Regulation. For instance, in February 2023, Anpario plc, a manufacturer and distributor of natural animal feed additives, launched a new range of products free from ammonium formate and will sit within the company's well-established Acid Based Eubiotic (ABE) and Feed Hygiene ranges.
North America is expected to grow at a high CAGR over the forecast period. The ban on antibiotics, increasing production capabilities, and growing farming commercialization in the region are expected to propel the eubiotics industry growth.
By Type | By Animal Type | By Form | By Function | By Geography |
|
|
|
|
|
US +1 833 909 2966 ( Toll Free )