Market Size of Africa Eubiotics Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.90 Billion |
Market Size (2029) | USD 1.23 Billion |
CAGR (2024 - 2029) | 6.40 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Africa Eubiotics Market Analysis
The Africa Eubiotics Market size is estimated at USD 0.9 billion in 2024, and is expected to reach USD 1.23 billion by 2029, growing at a CAGR of 6.40% during the forecast period (2024-2029).
The restrictions imposed by African governments, such as restrictions on transportation and nationwide lockdowns to mitigate the spread of the COVID-19 virus during the pandemic, led to adverse effects on the industry. These included manufacturing facilities remaining closed, the movement of raw materials and finished goods being restricted, and manpower becoming unavailable due to restrictions. This resulted in economic loss to various eubiotics manufacturing companies. As restrictions were relaxed, the African eubiotics market witnessed a slight increment.
The growing demand for animal production in line with the increasing population and improving the standard of living coupled with growing health concerns over the usage of antibiotics are the factors driving the demand for eubiotics in the region. By type, probiotics was the largest segment, accounting for a majority of the share in 2021. Due to the increased environmental concerns by animal farmers coupled with strict regulations imposed by the European Union, the market for probiotics is projected to grow over the coming years. In terms of geography, South Africa was the largest market in the region, holding the majority market share in 2021. An increase in production and demand for livestock products, a rise in the population and consumption levels, and increasing urbanization are factors resulting in the rising demand for eubiotics in South Africa during the forecast period.
Africa Eubiotics Industry Segmentation
Eubiotics are a class of feed additives that currently include prebiotics, probiotics, essential oils, and organic acids. The eubiotics, such as organic acids, phytogenics (natural plant extracts), probiotics, and prebiotics, are used to improve the gut health and performance of the production animals as well as pet animals.
The African eubiotics market is segmented by type (probiotics, prebiotics, organic acids, and essential oils), animal type (ruminant, poultry, swine, aquaculture, pet food, horses, and other animal types), and geography (South Africa, Egypt, and Rest of Africa). The report offers size and forecasts for the African eubiotics market in value (USD million) for all the above segments. For each segment, the market sizing and forecast have been done on the basis of value in USD million.
Type | ||||||
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Organic Acids | ||||||
Essential Oils |
Animal Type | |
Ruminant | |
Poultry | |
Swine | |
Aquaculture | |
Pet Food | |
Horses | |
Other Animal Types |
Geography | |
South Africa | |
Egypt | |
Rest of Africa |
Africa Eubiotics Market Size Summary
The African eubiotics market is poised for significant growth, driven by increasing demand for animal production and rising health concerns over antibiotic use. The market, which experienced setbacks due to COVID-19 restrictions, is rebounding as these constraints are lifted. Probiotics, a key segment, dominate the market due to their environmental benefits and regulatory pressures in regions like the European Union. South Africa leads the market, fueled by urbanization, population growth, and increased livestock product demand. The region's livestock industry, though less industrialized than in developed countries, is rapidly adopting commercial production systems, highlighting the growing importance of eubiotics in enhancing animal growth and reducing production costs.
The rising demand for animal protein sources, such as meat, milk, and eggs, is a major driver of the eubiotics market in Africa. As living standards and income levels rise, the pressure on the livestock industry to boost productivity intensifies. Probiotics, particularly Lactobacillus strains, are increasingly used to improve animal growth and health, supporting the industry's response to consumer demand. The market is fragmented, with major players like Cargill Inc., BASF SE, and DuPont de Nemours Inc. holding significant shares. These companies are expanding their presence through acquisitions and innovations, such as BASF's Mobile NIR Spectroscopy Solution and Chr. Hansen's Probiotics Institute, to address the complex challenges of the animal feed industry.
Africa Eubiotics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitutes
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Probiotics
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2.1.1.1 Lactobacilli
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2.1.1.2 Bifidobacteri
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2.1.2 Prebiotics
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2.1.2.1 Inulin
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2.1.2.2 Fructo-Oligosaccharides
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2.1.2.3 Galacto-Oligosaccharides
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2.1.2.4 Other Prebiotics
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2.1.3 Organic Acids
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2.1.4 Essential Oils
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2.2 Animal Type
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2.2.1 Ruminant
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Aquaculture
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2.2.5 Pet Food
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2.2.6 Horses
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2.2.7 Other Animal Types
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2.3 Geography
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2.3.1 South Africa
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2.3.2 Egypt
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2.3.3 Rest of Africa
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Africa Eubiotics Market Size FAQs
How big is the Africa Eubiotics Market?
The Africa Eubiotics Market size is expected to reach USD 0.90 billion in 2024 and grow at a CAGR of 6.40% to reach USD 1.23 billion by 2029.
What is the current Africa Eubiotics Market size?
In 2024, the Africa Eubiotics Market size is expected to reach USD 0.90 billion.