Europe Eubiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.50 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Eubiotics Market Analysis
The Europe Eubiotics Market is projected to attain a CAGR of 7.5% during forecast period of 2020-2025. Eubiotics play an important role in providing medicinal and health benefits to livestock. Hence, they are used as feed additives for animals to add nutritional value to the meat. The spread of livestock diseases like Bluetongue disease in Europe has prompted the farmers to produce finest quality meat and dairy products. Eubiotics create an appropriate balance of micro flora in the gastrointestinal tract and maintain a hygienic living. The increasing concerns about safety of livestock and to prevent diseases has boosted the growth of eubiotics market in Europe. The ban of antibiotics as growth promoters and the enhanced living standard of consumers are fuelling the market. The rise in production of swine in the region and the preference of consumers for best quality meat has acted as drivers for the market. Regulatory framework and low awareness about the efficiency of the product are major restraints in the market. But the new technological advances can create new opportunities in the market.
Europe Eubiotics Market Trends
This section covers the major market trends shaping the Europe Eubiotics Market according to our research experts:
Increase in Industrialized Livestock Production
The livestock sector saw significant changes with an increased demand for meat products in the market. Livestock farmers are concerned with disease outbreaks like swine flu, bird flu and other mouth and foot infections. These disease outbreaks tend to reduce the quality and safety of meat consumed. With the growing livestock market in Europe, proper mechanisms to maintain the quality of meat is necessary. This has discouraged the farmers to use antibiotics in animal feed. With less use of antibiotics, eubiotics emerged as an alternative to them. The increasing livestock population over the years on account of the demand for meat products has boosted the eubiotics market as consumer preference has shifted towards good quality products. According to World Bank, the adoption of industrialized meat production is growing six times faster than that of traditional meat production. Industrialization of livestock segment can cause environmental hazards. Usage of eubiotics is expected to reduce these harmful effects on nature also.
Increased consumption of Organic Food
Antibiotics are used as growth promoters among livestock. These antibiotics are harmful for humans and environment. Restriction on use of antibiotics have driven the eubiotics market. There has been an increased consumption of organic products among the people. Escalating demand for better animal feed quality with the enhanced living standards of the consumers are expected to drive the demand for eubiotics in the forecast period. People have become health conscious and the quality of food matters to them. Organic food has been gained popularity due to the health benefits. The ban of antibiotics has also accelerated the use of eubiotics. Strict regulatory restrictions on European Union has forced farmers to shift to eubiotics as awareness among people for better food increased. Hence the increased consumption of Organic Food in the market is expected to drive the Eubiotics market during the forecast period.
Europe Eubiotics Industry Overview
The Europe eubiotics market is comprised of international players striving for innovation and new product developments. Thus, the market is concentrated among these players. The major players in the market are Royal DSM, Cargill Incorporated, BASF, Addcon, Behn Meyer Group. The companies are investing aggressively in the market to bring innovative products to market through research and development. Companies are expanding to new geographical locations through buying of stakes. In 2017, Behen Meyer bought stakes of Intracare in Netherlands. Intracare is involved in producing alternatives to antibiotics for animal nutrition.
Europe Eubiotics Market Leaders
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DSM
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BASF
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Behen Meyer
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Cargill Incorporated
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Addcon
*Disclaimer: Major Players sorted in no particular order
Europe Eubiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porters Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Probiotics
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5.1.1.1 Lactobacilli
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5.1.1.2 Bifidobacteria
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5.1.1.3 Others
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5.1.2 Prebiotics
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5.1.2.1 Inulin
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5.1.2.2 Fructo-Oligosaccharides
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5.1.2.3 Galacto-Oligosaccharides
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5.1.2.4 Others
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5.1.3 Organic Acids
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5.1.4 Essential Oils
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5.2 Animal Type
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5.2.1 Ruminant
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5.2.2 Poultry
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5.2.3 Swine
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5.2.4 Aquaculture
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5.2.5 Pet Food
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5.2.6 Horses
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5.2.7 Others
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5.3 Geography
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5.3.1 Spain
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5.3.2 United Kingdom
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5.3.3 France
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5.3.4 Germany
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5.3.5 Russia
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5.3.6 Italy
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5.3.7 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Bayer Crop Science
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6.3.2 Acceleron
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6.3.3 Syngenta AG
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6.3.4 BASF SE
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6.3.5 Dow Dupont
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6.3.6 Advanced Biological Marketing
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6.3.7 Nufarm
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6.3.8 Valent USA Corporation
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6.3.9 Winfield United
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
Europe Eubiotics Industry Segmentation
The Europe Eubiotics Market is segmented by Type (Probiotics, Prebiotics, Organic Acids and Essential Oils), By Animal Type(Ruminant, Poultry, Swine, Aquaculture, Pet food, Horses and others) in the countries like Spain, United Kingdom, France, Germany, Russia, Italy and Rest of the Europe.
| Type | ||||||
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| Organic Acids | ||||||
| Essential Oils |
| Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Pet Food | |
| Horses | |
| Others |
| Geography | |
| Spain | |
| United Kingdom | |
| France | |
| Germany | |
| Russia | |
| Italy | |
| Others |
Europe Eubiotics Market Research FAQs
What is the current Europe Eubiotics Market size?
The Europe Eubiotics Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)
Who are the key players in Europe Eubiotics Market?
DSM, BASF , Behen Meyer, Cargill Incorporated and Addcon are the major companies operating in the Europe Eubiotics Market.
What years does this Europe Eubiotics Market cover?
The report covers the Europe Eubiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Eubiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Eubiotics Industry Report
Statistics for the 2024 Europe Eubiotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Eubiotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Europe Eubiotics Report Snapshots
