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North America Eubiotics Market By Type (Probiotics (Lactobacilli, Bifidobacteria And Others), Prebiotics (Inulin, Fructo-Oligosaccharides, Galacto-Oligosaccharides And Others), Organic Acids And Essential Oils), By Livestock (Ruminant, Poultry, Swine, Aquaculture, Horses And Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast (2022 to 2027).

Published: January, 2022
ID: 1700
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Eubiotics Market Size & Growth 2022 - 2027:

North America Eubiotics Market was worth USD 1340.67 million in 2021 and estimated to be growing at a CAGR of 9.02%, to reach USD 1878.34 million by 2026. The market is expected to show enormous potential in the years to come. Eubiotics play a key role in providing medicinal and health benefits to livestock, such as preclusion and cure against other diseases common in animals. Apart from these they also carry significant nutrition value with them. The commercialization of farming and an increase in the capability of Eubiotics production has led the agriculture-based industries to take more interest in the market lately.

Eubiotics are used as additives for animal feed. They help in avoiding various diseases in animals, keeping them healthy and thus increasing their productivity. It also creates an appropriate balance of the microflora in our gastrointestinal tract to help in maintaining a hygienic living.

Drivers and Restraints:

The ban on the antibiotics market has created an opportunity for Eubiotics to enter the agriculture industry with immense potential. It has been one of the greatest reasons for the recent growth in the North America Eubiotics Market. Other important factors responsible for driving the market include industrialization of the livestock industry, increasing instances of livestock disease and rising demand for naturally derived products. These factors have helped the growth of the North America Eubiotics Market lately, although some of the other factors have also acted as hurdles to the market as well. These include competition from other industries for raw materials, regulatory framework, and unawareness of product efficiency.

NORTH AMERICA EUBIOTICS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 - 2027

Base Year

2020

Forecast Period

2022 - 2027

CAGR

9.02%

Segments Covered

  • Type
  • Livestock
 

Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

United States, Canada, Mexico

Market Leaders Profiled

Addcon, BASF SE, Royal DSM, CHR. Hansen A/S, Behn Meyer Group, Kemin Industries Inc., E. I. Du Pont De Nemours and Company, Cargill Incorporated, Novus International Inc., Beneo Group

Market Segmentation:

North America Eubiotics Market – By Type:

probiotics

  • lactobacilli
  • bifidobacteria
  • others

prebiotics

  • inulin
  • fructooligosaccharides
  • galactooligosaccharides
  • others
  • organic acids
  • essential oils

Probiotics lead the market share under type segmentation because of their efficiency over other types.

North America Eubiotics Market – By Livestock:

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Horses
  • Others

The Eubiotics Market for poultry is expected to have the highest CAGR among all the sub-segments of livestock, as Eubiotics help in increasing the growth rate of poultry and maintain their high nutrition value.

Geographical Analysis:

On the basis of geographical analysis, the North America market is segmented into two countries namely United States and Canada.

Key Players:

Some of the major companies dominating the North America Eubiotics Market include Addison, Behn Meyer Group, Beneo Group  Royal DSM, CHR. Hansen A/S, BASF SE,  E. I. Du Pont De Nemours and Company, Cargill Incorporated, Kemin Industries Inc., Novus International Inc.

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