The global eubiotics market is poised for significant growth in the short-term as several nations embrace positive legislative measures, prohibiting the use of antibiotics in animal feed. This, coupled with the surging demand for high-quality meat products worldwide, is expected to fuel the demand for eubiotics in the coming years.
According to a recent market report, over 328 million metric tonnes of beef were consumed worldwide in 2021, marking a substantial increase from 1990 levels. The rising meat consumption is attributed to factors such as lifestyle changes, increased awareness of alternatives to antibiotic growth promoters, and a growing emphasis on cattle health protection.
Read More: https://www.fairfieldmarketresearch.com/report/eubiotics-market
Eubiotics have gained popularity in both developed and developing nations due to the ban on antibiotics and the need for safer and healthier meat products. Farmers are turning to practical alternatives like eubiotics to address the concerns regarding meat safety and quality. Additionally, technological advancements, such as innovative microbiological techniques to create specialized eubiotic products, have further contributed to the market's buoyancy.
The COVID-19 pandemic has impacted the eubiotics industry to some extent, with firms facing financial losses due to mobility restrictions in key markets. However, the pandemic has also increased public awareness of the harmful effects of antibiotics in food animals, benefiting the expansion of the eubiotics market.
Rapid industrialization of animal agriculture is another factor driving the demand for eubiotics. The growing focus on scientific management of farm animals, increased productivity, and decreasing costs in countries like China, Japan, and India has led to a surge in bulk meat production. Eubiotics play a crucial role in enhancing feed digestibility and reducing the environmental impact of livestock breeding.
The eubiotics market has also witnessed a boost from the evolving trend of pet humanization. With more pet owners seeking the best health for their furry companions, the demand for nutrient-rich and easily digestible pet food has increased, further propelling the eubiotics market.
However, regulatory uncertainty remains a longstanding challenge for the industry. Different regions have varied regulations for pet food ingredients, additives, and preservatives, affecting international trade and market growth.
Among eubiotic products, probiotics continue to dominate the market due to growing consumer awareness, ongoing R&D efforts, and extensive product portfolios from key industry players. The increasing number of working women and the focus on female health have also contributed to the demand for specialist probiotics.
In terms of animal categories, the poultry sector leads the eubiotics market, driven by its affordability, low-fat content, and lower religious and cultural restrictions compared to other meat types. Poultry products such as chicken, turkey, duck, and boilers have witnessed a significant surge in global demand.
Geographically, Europe holds a major share in the eubiotics market, driven by rising meat consumption and stringent regulations against antibiotic use. North America has also seen a rise in eubiotics demand due to increased awareness of animal health and meat consumption.
The worldwide eubiotics market is very competitive, with major competitors making significant R&D investments to establish sustainable production methods. Collaborations and partnerships are common in the industry to foster innovation and expand market presence.
Cargill, BASF SE, Koninklijke DSM N.V., Chr. Hansen A/S, Novozymes, Calpis Co., Ltd., Lesaffre Group, Kemin Industries, Inc., Lallemand Inc., ADDCON, Behn Meyer, Novus International Inc., and Advanced BioNutrition Corporation are a few of the well-known companies in the eubiotics sector.
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