Global Food Animal Eubiotics Market Insights and Forecast to 2028

Food animal eubiotics is a kind of animal feed additive that used for maintaining optimal balance of microflora (eubiosis) in the gastrointestinal tract. Food animal eubiotics help in proper nutrient absorption required for normal working of the body. It is essential for producing well-nourished animals. Rise in demand for animal protein products, ban on use of antibiotics and increasing living standards are the main driving forces for the growth of food animal eubiotics market.
Market Analysis and Insights: Global Food Animal Eubiotics Market
Due to the COVID-19 pandemic, the global Food Animal Eubiotics market size is estimated to be worth US$ 5671.1 million in 2022 and is forecast to a readjusted size of US$ 6890.8 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, Probiotics accounting for % of the Food Animal Eubiotics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Swine segment is altered to an % CAGR throughout this forecast period.
The major players in global Isocyanates market include Royal DSM, BASF, Cargill, etc. The top 3 players occupy about 35% shares of the global market. Europe and North America are main markets, they occupy about 65% of the global market. Probiotics is the main type, with a share about 60%. Swine and Poultry are main applications, which hold a share about 90%.
Global Food Animal Eubiotics Scope and Segment
Food Animal Eubiotics market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Food Animal Eubiotics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Probiotics
Prebiotics
Organic Acids
Essential Oils
Segment by Application
Swine
Ruminant
Poultry
Aquaculture
Others
By Company
Royal DSM
BASF
Cargill
Dupont
Hansen
Kemin
Novus International
ADDCON
Yara
Behn Meyer
Beneo Group
Qingdao Vland
Baolai Leelai
Guangzhou Xipu
Guangzhou Juntai
Lucky Yinthai
Shanghai Zzfeed
Greencore
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE