Eubiotics Market Size to grow by USD 2699.5 million between 2024-2028

The Eubiotics Market is segmented by Type (Poultry, Swine, Ruminant, Aquaculture, and Others), Product (Dry and Liquid), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 2699.5 million, at a CAGR of 8.09% during the forecast period. There are several companies that are contributing to the market as per this report. Rising awareness about disease prevention .

By Type, the Poultry segment is projected to dominate the market size in 2024

The poultry segment is poised to dominate the eubiotics market in 2023, driven by escalating concerns regarding animal health and consumer preferences for specific yolk and meat colorations. Key additives for poultry production include enzymes, essential oils, phytogenics, and organic acids. The global poultry consumption trend is on an upward trajectory, fueled by factors such as changing lifestyles, increasing disposable income, and population growth. Notably, in countries like the US, the UK, and Argentina, poultry consumption has surged due to rising beef prices, creating a favorable outlook for the global eubiotics market.

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By Product, Dry segment is expected to hold the largest market size for the year 2024

In the eubiotics market, the preference for dry eubiotics over wet eubiotics is increasing due to several business advantages. Dry eubiotics offer ease of storage and transportation, resulting in significant cost savings for customers. With a water content of only 10%, dry eubiotics also carry minimal storage risk. Furthermore, their compact form allows for easy incorporation into food puzzle toys, enabling controlled feeding for pets. The expanding pet ownership trend, particularly in emerging markets like India and Malaysia, is expected to fuel the growth of the dry eubiotics segment in the global eubiotics market during the forecast period.

Why is Europe forecasted to hold the largest regional market size in 2024?

The Eubiotics Market refers to the industry dedicated to the production and distribution of probiotics and prebiotics. These beneficial microorganisms enhance gut health and boost immunity, making them essential components of a balanced diet. The market is experiencing significant growth due to increasing consumer awareness and demand for preventative healthcare solutions. Key players are investing in research and development to expand their product portfolios and gain a competitive edge. The market is expected to continue its upward trajectory, driven by rising disposable income and a growing aging population.

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Research Analysis Overview

The Eubiotics market refers to the segment of the animal feed industry that deals with the production and distribution of probiotics, feed enzymes, and organic acids for use in poultry feed. These additives, collectively known as Eubiotics, enhance the nutrient absorption capacity of livestock and improve their overall health. Enterococcus Faecium is a commonly used probiotic in the Eubiotics market. It is added to poultry feed to improve gut health and enhance immunity. Probiotics are preferred over antimicrobials due to growing concerns over antimicrobial resistance. Feed enzymes, another important component of Eubiotics, help break down complex feed ingredients, improving nutrient availability to livestock. Natural feed grades are gaining popularity in the Eubiotics market due to consumer demand for organic and sustainable farming practices. The production of Eubiotics involves various processes such as fermentation and chemical synthesis. Agro-climatic conditions and raw material availability play a significant role in the production of Eubiotics. Safety and feed quality are paramount in the Eubiotics market. Livestock producers rely on specific distributors, pre-mixers, and feed mills to ensure the safety and efficacy of Eubiotics. Organic acids are often used as preservatives to maintain the quality of Eubiotics during storage and transportation. The Eubiotics market is expected to grow due to increasing demand for high-performance livestock, growing awareness of animal welfare, and the need for sustainable farming practices. However, the high production costs and complex production processes pose challenges to market growth.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to eliminate microorganisms and enhance preservation. According to Technavio, the market's size is determined by the consolidated revenue of the participating industry players. This market segment excludes manufacturers of food processing equipment and producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Key growth drivers for the global packaged foods and meats market include the health benefits linked to the consumption of minimally processed foods. Minimally processed foods, such as vegetables, are nutrient-dense sources of potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. - The Eubiotics Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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