Market Size of North America Eubiotics Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Eubiotics Market Analysis
The North America feed antioxidants market is projected to register a CAGR of 6.2% during the forecast period 2020-2025. Eubiotics are expected to be the essential feed additive, which fills the vacuum created by the antibiotics ban. The capitalization of this vacuum is critical in the success of eubiotics, as antibiotics, irrespective of their health or environmental hazards, provided important functionality to the meat production processes. This impact is further strengthened by the systemic mode of action of eubiotics instead of a constricted local impact. The increasing production capabilities and commercialization of farming in various emerging countries are pushing the growth of the eubiotics market.
North America Eubiotics Industry Segmentation
Eubiotics are feed additives that are useful in maintaining the digestive health of livestock, thus inflicting a positive effect on the overall health and performance of animals. The visible indicators of the effects of eubiotics are the feed digestion and feed conversion ratios. These ratios are cited as the direct correlation for the overall health and well being of the animal. The North America Eubiotics Market is segmented by Type into Prebiotics, Probiotics, Organic Acids, and Essential Oils, and by Animal Type into Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types, in the countries like United States, Canada and Mexico.
Type | ||||||
| ||||||
| ||||||
Organic Acids | ||||||
Essential Oils |
Animal Type | |
Ruminant | |
Poultry | |
Swine | |
Aquaculture | |
Other Animal Types |
Geography | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Eubiotics Market Size Summary
The North America eubiotics market is experiencing significant growth, driven by the need to replace antibiotics in livestock feed due to regulatory bans. Eubiotics serve as essential feed additives, offering systemic benefits that enhance meat production processes while addressing health and environmental concerns. The market is bolstered by the increasing industrialization of livestock rearing, which emphasizes the importance of improving feed digestibility to reduce animal waste and environmental impact. The trend towards landless meat production facilities and the commercialization of farming in emerging countries further contribute to the market's expansion. As eubiotics help improve the body mass of meat animals and optimize nutrient absorption, their usage is expected to rise, aligning with the growing demand for sustainable and efficient livestock production.
In the United States, which dominates the North American eubiotics market, the ban on antibiotics by the FDA and the subsequent research initiatives have been pivotal in driving market growth. The region's strong demand for organic meat has encouraged farmers to incorporate natural ingredients into livestock feed, further boosting the demand for eubiotics. The market is characterized by the presence of major players who are actively acquiring feed mills and expanding their geographical presence through mergers and acquisitions. Companies like Novus International Inc., DSM, Lallemand Animal Nutrition, BASF SE, and Adisseo are leading the charge in this concentrated market, focusing on developing high-quality, efficient, and safer feed additives to meet the evolving needs of the livestock industry.
North America Eubiotics Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porters Five Force Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Type
-
2.1.1 Probiotics
-
2.1.1.1 Lactobacilli
-
2.1.1.2 Bifidobacteria
-
2.1.1.3 Other Probiotics
-
-
2.1.2 Prebiotics
-
2.1.2.1 Inulin
-
2.1.2.2 Fructo-oligosaccharides
-
2.1.2.3 Galacto-oligosaccharides
-
2.1.2.4 Other Prebiotics
-
-
2.1.3 Organic Acids
-
2.1.4 Essential Oils
-
-
2.2 Animal Type
-
2.2.1 Ruminant
-
2.2.2 Poultry
-
2.2.3 Swine
-
2.2.4 Aquaculture
-
2.2.5 Other Animal Types
-
-
2.3 Geography
-
2.3.1 United States
-
2.3.2 Canada
-
2.3.3 Mexico
-
2.3.4 Rest of North America
-
-
North America Eubiotics Market Size FAQs
What is the current North America Eubiotics Market size?
The North America Eubiotics Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in North America Eubiotics Market?
Novus International Inc., DSM, Lallemand Animal Nutrition, BASF SE and Adisseo are the major companies operating in the North America Eubiotics Market.