Eubiotics Market Size, Share, Opportunities, COVID-19 Impact, And Trends, By Type (Organic Acids (Acetic Acid, Formic Acid, Fumaric Acid, Lactic Acid), Prebiotics (Fructo-Oligosaccharides, Galacto-Oligosaccharides, Inulin), Probiotics (Bifidobacteria, Lactobacilli, Others), Essential Oils, Others), By Function (Gut Health, Immunity, Yield, Others), By End-Use (Aquatic Feed, Cattle Feed, Poultry Feed, Swine Feed, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Aug 2022 Report Code: KSI061613945 Pages: 145

The eubiotics market is expected to grow at a compound annual growth rate of 9.53% over the forecast period to reach a market size of US$11.278 billion in 2027 from US$5.964 billion in 2020.

The aforesaid projection is in part substantiated by awareness of the benefits like enhancing the immune system against bacterial or viral infections along with improving digestive efficacy, paving the growth of the eubiotics market. For example, the UK-based international producer and distributor of natural animal feed additives for animal health, nutrition, and biosecurity, Anpario PLC, reportedly experienced a rise in sales by 13% to GBP16.2 million (US$20.6 million) and an improvement o f24% in adjusted EBITDA to GBP3.4 million in the six months to June 30. The sales growth was experienced among its phytogenics and acid-based eubiotics products, especially in the regions of the Americas, Asia, and Europe. Further growing strategic investments like acquisitions, as exemplified by the recent acquisition of Erber Group’s Biomin and Romer Labs by Royal DSM, a global science-based company in nutrition, health, and sustainable living, in October 2020 for an enterprise value of €980 million is also poised to facilitate the growth of the market.  In the context of the market, it is pertinent to note that the acquisition of Biomin, which is Erber Group’s speciality animal nutrition and health business and specializes in the management of gut health performance and mycotoxin risk, reportedly augments DSM’s expertise and the global recognition as a leading provider of solutions pertaining to animal health and nutrition solutions for farm productivity and sustainability, with an emphasis on feed consumption efficiency, emissions reduction and better use of water and land. Earlier in November 2018, it was reported that Crina® Digest's relatively new poultry-targeted essential oils product was launched by DSM as a part of its commitment to support the industry’s efforts to reduce the use of antibiotics and foster proper digestive function that supports animal resilience and welfare.  This product reportedly constitutes three essential compounds which are thymol, piperine, and eugenol, which ensure a controlled release of bioactive along the gastrointestinal tract, significantly enhancing poultry digestive function. The promising microencapsulation market, which Knowledge Sourcing Intelligence has reportedly forecasted to grow at a CAGR of 11.94% and reach a market size of US$16.594 billion in 2025 from an estimated value of US$8.434 billion in 2019, is also expected to drive the eubiotics markets. The controlled release of bioactive is facilitated by microencapsulation technologies. Furthermore, increasing investments in research and development to cater to specific solutions are also expected to throttle the market's growth. Moreover, regulatory measures like that of the US Food & Drug Administration (FDA) initiative to reduce antimicrobial resistance with several programs, including the Veterinary Feed Directive (VFD), are also partly responsible for facilitating the demand for essential oils, organic acids, prebiotics, and probiotics as a successful replacement for antibiotics growth promoter (AGP), among others which in turn is poised to drive the growth of the eubiotics market.

The expanding global retail sector, which is driven by increased consumption of processed food, among others, is expected to drive the growth of the market.  This is partly due to the increasing availability of disposable income and the growing rate of urbanization. In addition, growing consumer awareness further leads to a surge in meat consumption that has been produced devoid of any antibiotics. Besides, the market prospect is estimated to be promising considering the prospects of livestock outlook as per FAO. To this end, it is pertinent to note that global poultry and ovine meat production are estimated to grow. World ovine meat output is forecast to expand by nearly 1 % in 2020, to 16 million tons. The greater extent of the increase is expected to be concentrated in China with some modest growth which has been forecasted for Africa. In China, production is forecasted to register a 2.3 percent increase, capitalizing on the previous year’s expansion of sheep and goat flocks, because high prices attracted more herders into the sector. In 2020 it was estimated that global poultry meat production would be 137 million tons, which is reportedly an increase of 2.4 % compared to that registered in 2019. As far as China is concerned, increases are expected due to the poultry meat output that is projected to expand gradually, which would be buttressed by the comparatively firm demand amid continuing high pig meat prices.

Moreover, world milk production is forecasted to grow by 0.8 % to 859 million tons in 2020, stemming from production expansions in Asia and North America, with moderate increases in almost every continent. Albeit, the downward draft occurred due to COVID-19 along with logistical hindrances and a simultaneous decline in sales of food and beverage. Because of shuttering of food and beverage establishment, the demand for ready-to-eat meat products and dairy products have been catered to increased eCommerce purchase which facilitated robust sales in the food and beverage industry during the lockdown measures. Besides, after the normalization, the demand for meat and dairy is expected to rise, emphasizing animal immunity, which is anticipated to enter the consideration mix further. Additionally, the modernization of farms in China and the engagements of village cooperatives in India are fueling milk output growth in Asia.  Conversely, in the Russian Federation, there has been a reported mill product increase which is primarily facilitated by a modern dairy farm. Thus, the aforesaid and recent healthy consumption trends augment the need to ensure feed safety, guaranteeing food security. Hence to effectuate the same degree of quality assurance that is adhered to in the case of food production is expected to fuel the anticipated growth of the market.

 Key developments:

  • Chr. Hansen Holding AS introduced 'Bovacillus,' a novel probiotic for dairy and beef cattle, in 2020. Bacillus spores resist extreme circumstances throughout feed manufacturing, preparation, and within the gastrointestinal tract, making it a unique sort of probiotic. The company's position in the animal health nutrition sector will be strengthened by the new product.
  • Novus International teamed with Agrivida, a biotechnology business based in the United States, for R&D partnerships in 2021. The company will investigate new product development opportunities as a result of this partnership, which might help drive the company's eubiotics business.
  • Midori USA Inc., a start-up firm primarily specialised in creating tailored eubiotics that improve the environmental impact and animal welfare, was bought by Koninklijke DSM NV (Royal DSM) in July 2021.

Covid-19 Impact on Eubiotics Market

The eubiotics sector was moderately harmed by the COVID-19 epidemic. The impact on the sector was uneven, with corporations suffering financial losses as a result of societal limitations in important regions. The pandemic, on the other hand, raised awareness about the negative effects of antibiotics on animals, favourably impacting market growth. In the animal feed sector, eubiotics are emerging as antibiotic alternatives or antimicrobial byproducts, with the goal of boosting livestock immune and intestinal health while also providing nourishment.

Eubiotics Market Scope:

Report Metric Details
 Market Size Value in 2020  US$5.964 billion
 Market Size Value in 2027  US$11.278 billion
 Growth Rate  CAGR of 9.53% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Function, End-Use, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered BioResource International, Inc., DBC Ag Products, BioMar (Schouw & Co.), Phibro Animal Health Corporation, Adisseo (Bluestar Adisseo Co., Ltd), Novus International (MITSUI & CO., LTD.), Koninklijke DSM N.V, Kemin Industries, Inc.
 Customization Scope  Free report customization with purchase

 

Segmentation

  • By Type
    • Organic acids
      • Acetic Acid
      • Formic Acid
      • Fumaric Acid
      • Lactic Acid
    • Prebiotics
      • Fructo-oligosaccharides
      • Galacto-oligosaccharides
      •  Inulin
    • Probiotics
      • Bifidobacteria
      • Lactobacilli
      • Others
    • Essential oils
    • Others
  • By Function
    • Gut Health
    • Immunity
    • Yield
    • Others
  • By End-Use
    • Aquatic Feed
    • Cattle Feed
    • Poultry Feed
    • Swine Feed
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Russia
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Others
    • Asia Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the eubiotics market size by 2027?
A1. The eubiotics market is expected to reach a total market size of US$11.278 billion by 2027.


Q2. What is the size of the global eubiotics market?
A2. Eubiotics Market was valued at US$5.964 billion in 2020.


Q3. What are the growth prospects for the eubiotics market?
A3. The eubiotics market is expected to grow at a CAGR of 9.53% during the forecast period.


Q4. What factors are anticipated to drive the eubiotics market growth?
A4. The aforesaid projection is in part substantiated by awareness of the benefits like enhancing the immune system against bacterial or viral infections along with improving digestive efficacy, paving the growth of the eubiotics market.


Q5. How is the global eubiotics market segmented?
A5. The global eubiotics market has been segmented by type, form, function, end-use, and geography.


1. INTRODUCTION
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Defination
1.4. Market Segmentation

2. RESEARCH METHODOLOGY  
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis

5. EUBIOTICS MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Organic acids
5.2.1. Acetic Acid
5.2.2. Formic Acid
5.2.3. Fumaric Acid
5.2.4. Lactic Acid
5.3. Prebiotics
5.3.1. Fructo-oligosaccharides
5.3.2. Galacto-oligosaccharides
5.3.3.  Inulin
5.4. Probiotics
5.4.1. Bifidobacteria
5.4.2. Lactobacilli
5.4.3. Others
5.5. Essential oils
5.6. Others

6. EUBIOTICS MARKET ANALYSIS, BY FUNCTION
6.1. Introduction
6.2. Gut Health
6.3. Immunity
6.4. Yield
6.5. Others

7. EUBIOTICS MARKET ANALYSIS, BY END-USE
7.1. Introduction
7.2. Aquatic Feed
7.3. Cattle Feed
7.4. Poultry Feed
7.5. Swine Feed
7.6. Others

8. EUBIOTICS MARKET ANALYSIS, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. North America Eubiotics Market, By Type, 2020 to 2027
8.2.2. North America Eubiotics Market, By Form, 2020 to 2027
8.2.3. North America Eubiotics Market, By Function, 2020 to 2027 
8.2.4. North America Eubiotics Market, By End-Use, 2020 to 2027
8.2.5. By Country
8.2.5.1. United States
8.2.5.2. Canada
8.2.5.3. Mexico
8.3. South America
8.3.1. South America Eubiotics Market, By Type, 2020 to 2027
8.3.2. South America Eubiotics Market, By Form, 2020 to 2027
8.3.3. South America Eubiotics Market, By Function, 2020 to 2027 
8.3.4. South America Eubiotics Market, By End-Use, 2020 to 2027
8.3.5. By Country
8.3.5.1. Brazil
8.3.5.2. Argentina
8.3.5.3. Others
8.4. Europe
8.4.1. Europe Eubiotics Market, By Type, 2020 to 2027
8.4.2. Europe Eubiotics Market, By Form, 2020 to 2027
8.4.3. Europe Eubiotics Market, By Function, 2020 to 2027 
8.4.4. Europe Eubiotics Market, By End-Use, 2020 to 2027
8.4.5. By Country
8.4.5.1. Germany
8.4.5.2. United Kingdom
8.4.5.3. France
8.4.5.4. Italy 
8.4.5.5. Russia
8.4.5.6. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Eubiotics Market, By Type, 2020 to 2027
8.5.2. Middle East and Africa Eubiotics Market, By Form, 2020 to 2027
8.5.3. Middle East and Africa Eubiotics Market, By Function, 2020 to 2027 
8.5.4. Middle East and Africa Eubiotics Market, By End-Use, 2020 to 2027
8.5.5. By Country
8.5.5.1. Saudi Arabia
8.5.5.2. South Africa
8.5.5.3. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Eubiotics Market, By Type, 2020 to 2027
8.6.2. Asia Pacific Eubiotics Market, By Form, 2020 to 2027
8.6.3. Asia Pacific Eubiotics Market, By Function, 2020 to 2027 
8.6.4. Asia Pacific Eubiotics Market, By End-Use, 2020 to 2027
8.6.5. By Country
8.6.5.1. China
8.6.5.2. Japan
8.6.5.3. India
8.6.5.4. Indonesia
8.6.5.5. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES
10.1. BioResource International, Inc.
10.2. DBC Ag Products 
10.3. BioMar (Schouw & Co.) 
10.4. Phibro Animal Health Corporation 
10.5. Adisseo (Bluestar Adisseo Co., Ltd) 
10.6. Novus International (MITSUI & CO., LTD.) 
10.7. Koninklijke DSM N.V 
10.8. Kemin Industries, Inc.

BioResource International, Inc.

DBC Ag Products

BioMar (Schouw & Co.)

Phibro Animal Health Corporation

Adisseo (Bluestar Adisseo Co., Ltd)

Novus International (MITSUI & CO., LTD.)

Koninklijke DSM N.V

Kemin Industries, Inc.

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