The Latin America Eubiotics Market was worth USD 600.31 million in 2021 and is estimated to be growing at a CAGR of 8.11%, to reach USD 700.21 million by 2026.
The market is expected to showcase the significant potential in the given forecasting period. Eubiotics play an important role in providing health and medicinal benefits to livestock, such as preclusion and immunity against other diseases common in animals. Apart from these they also carry nutrition value with them. The commercialization of farming and increase in the capability of producing Eubiotics has led the agriculture-based industries to take interest in the market lately.
Eubiotics are usually used as additives in feed for animals. They help in keeping away various diseases in animals and keeping them healthy hence increasing their productivity. It helps in creating an appropriate balance of the microflora in our gastrointestinal tract so as to maintain a hygienic living.
The ban on antibiotics has led to an open window for Eubiotics to break into the agricultural industry and replace them. It had been the major reason for the recent growth in the Latin America Eubiotics Market size. Other important factors responsible for driving the market include rising demand for naturally derived products, industrialization of the livestock industry, and increasing instances of livestock disease. These factors have helped in the growth of the Latin America Eubiotics Market lately, though some of the factors have resulted in being hurdles to the market as well. Some of them include regulatory framework, competition for raw materials from other industries, and low awareness of product efficiency.
The Latin America Eubiotics Market is segmented on the basis of
On the basis of geographical analysis, the Latin America Eubiotics Market is segmented into various regions namely Brazil, Argentina, Mexico, and Rest of Latin America.
Major Key Players:
Some of the major leaders dominating the Latin America Eubiotics Market include Addcon, BASF SE, Royal DSM, CHR. Hansen A/S, Cargill Incorporated, Kemin Industries Inc., E. I. Du Pont De Nemours and Company, Behn Meyer Group, Novus International Inc., Beneo Group
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Probiotics
5.1.2.1 Lactobacilli
5.1.2.2 Bifdobacteria
5.1.2.3 others
5.1.3 Prebiotics
5.1.3.1 Inulin
5.1.3.2 Fructo-Oligosaccharides
5.1.3.3 Galacto-Oligosaccharides
5.1.3.4 others
5.1.4 Organic Acids
5.1.5 Essential Oils
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2 Livestock
5.2.1 Introduction
5.2.2 Ruminant
5.2.3 Poultry
5.2.4 Swine
5.2.5 Aquaculture
5.2.6 Horses
5.2.7 others
5.2.8 Y-o-Y Growth Analysis, By Livestock
5.2.9 Market Attractiveness Analysis, By Livestock
5.2.10 Market Share Analysis, By Livestock
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Livestock
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Livestock
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Livestock
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Addcon
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Royal DSM
8.3 BASF SE
8.4 CHR. Hansen A/S
8.5 Kemin Industries Inc.
8.6 Cargill Incorporated
8.7 E.I. Du Pont De Nemours and Company
8.8 Novus International Inc.
8.9 Behn Meyer Group
8.10 Beneo Group
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.
