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Eubiotics Market By Type (Probiotics, Prebiotics, Organic Acid,
Essential Oil, Enzymes), Form (Dry, Liquid), Function (Nutrition and
Gut Health, Yield, Immunity), Livestock (Cattle, Poultry, Swine,
Aquaculture, Others) & Region - Forecast to 2021 - 2031
Eubiotics Market - Analysis, Outlook, Growth, Trends, Forecasts
December 2021 | REP-GB-11087 |
200 pages
|
Food and
Beverage
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Eubiotics Market Snapshot
[200 Pages Report] As per Future Market Insights (FMI) analysis,
the global consumption of eubiotics increased by year-on-year
(YoY) rate of 6.7% in 2021 to total sales of US$ 2.68 Bn in the
year. The overall demand for eubiotics represents 16.4% of the
global animal feed market in 2021 and is poised to increase at
7.4% CAGR to reach a value of US$ 5.47 Bn in 2031.
The eubiotics market is emerging as antibiotic alternatives or
animal antimicrobials by-product in the animal feed industry
intended to boost livestock immunity and gut health while
acting as livestock nutrition. Considering this, the increasing
demand for animal feed additives and animal specialty drugs
will result in high demand for eubiotics market.
Scope of Report
Attribute
Details
Eubotics Market Size Value in 2021
US$ 2.68 Bn
Eubotics Market Market Forecast Value in 2031 US$ 5.47 Bn
Global Growth Rate
7.4%
Eubiotics Market Outlook 2021-2031 In
Comparison to Growth Registered in 2016-
2020
Rising consumption of meat and food items derived from meat
will boost the eubiotics market in the coming years. Intrinsic
benefits of eubiotics such as presence of probiotics and
prebiotics, which leads to growth of desirable bacteria in
gastrointestinal tract of livestock has resulted in higher
application as animal feed additives.
The visible indicato