The Middle East and Africa Eubiotics Market was worth USD 201.70 million in 2021 and estimated to be growing at a CAGR of 7.38%, to reach USD 293.82 million by 2026.
The market has been showcasing evident potential in the mentioned period. Eubiotics play a major role in providing health and medicinal benefits to livestock like preclusion and aid against other diseases common in animals. Apart from it they also carry high nutrition value with them. The rise in the capability of Eubiotics production and commercialization in farming has led the agriculture-based industries to gain interest in the market lately.
Eubiotics are basically used as additives in feed for animals. They help in avoiding various diseases in animals and keeping them healthy therefore increasing their productivity. It helps in creating an appropriate balance of the micro flora in our gastrointestinal tract and maintaining a hygienic living.
The antibiotics ban has created an open window for Eubiotics to break into the agriculture industry and fill the space. This has been one of the greatest factors responsible for the recent growth of the Middle East & Africa Eubiotics Market. Other key factors driving the market include rising demand for naturally derived products, industrialization of the livestock industry, and increasing instances of livestock disease. These factors have aided the growth of the market lately, although some of the factors have resulted in being hurdles to the market as well. These are competition for from other industries raw materials, low awareness of product efficiency and regulatory frame work.
The Middle East & Africa Eubiotics Market is segmented on the basis of
On the basis of geographical analysis, the Middle East & Africa Eubiotics Market is segmented into two regions namely the Middle East and Africa.
Major Key Players:
Some of the major companies dominating the Middle East & Africa Eubiotics Market, by their products and services include Royal DSM, Addcon, BASF SE, Kemin Industries Inc., CHR. Hansen A/S, Cargill Incorporated, Novus International Inc., E. I. Du Pont De Nemours and Company, Beneo Group, Behn Meyer Group.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: email@example.com