South America Eubiotics Market by Types (Probiotics [Bifidobacteria, Lactobacilli, and Others] and Prebiotics [Galacto-oligosaccharides, Fruc to-oligosaccharides, Inulin, and Others]), Animal Types (Swine, Aquaculture, Ruminant, Poultry, and Others), and Geography (Brazil, Mexico, Colombia, Argentina, and Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The South America eubiotics market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to growing livestock industry and rising awareness about feed quality.
Eubiotics are the natural digestive stimulants that create healthy balance of microflora in the gastrointestinal or intestinal tract. The inclusion of dietary organic acids has a eubiotic effect on the proliferation of indigenous lactic acid bacteria, which helps in stimulating the digestion. This further helps in activation of the immune response against diseases. Therefore, the eubiotics are widely used to improve the health status, performance, and immunity in domesticated animals.
Eubiotics are good substitute to antibiotics in feedstock. Most commonly used eubiotics includes probiotics, prebiotics, organic acids, and essential oils. The efficiency of the stimulant is mainly dependent on the antimicrobial effect and ability to alter the gut flora.
The COVID-19 pandemic has affected almost every industry to a notable degree. The outbreak of the pandemic had a major impact on the eubiotics industry. The nationwide implementation of stringent lockdowns resulted into significant losses. The disruption in the food and raw material supply chain resulted into delivery delays, which further created a dramatic dropdown in many economical activities of animal feedstock and eubiotics industry.
Market Trends, Drivers, Restraints and Opportunities
- Growing demand for safe human food, government initiatives, and large scale production of eco-friendly feed additives are fueling the growth of the market in developing nations.
- Rising consumer awareness, increasing investments in animal feedstock industry, and growing demand for high-quality animal feed are the major factor propelling the market expansion during the projected period.
- Increasing awareness about the health and medicinal benefits to livestock, such as preclusion and cure of diseases is expected to spur the market expansion in the next few years.
- Growing practices of replacing antibiotic growth promoters with eubiotics is expected to support the growth of the market during the forecast period.
- Fluctuation in raw material prices, complex food production chain, and increasing disease outbreaks in livestock are some of the factors that can hamper the market growth during the forecast period.
- Increasing industrial investments and immense opportunities in animal nutrition are expected to unveil new market opportunities in the coming years.
Scope of the Report
The report on the South America eubiotics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Eubiotics Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Types (Probiotics [Bifidobacteria, Lactobacilli, and Others] and Prebiotics [Galacto-oligosaccharides, Fructo-oligosaccharides, Inulin, and Others]) and Animal Types (Swine, Aquaculture, Ruminant, Poultry, and Others) |
| Geographical Scope | Brazil, Mexico, Colombia, Argentina, and Rest of South America |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Kemin Industries, Inc.; Novus International; DSM; Cargill, Incorporated.; and BASF SE |
South America Eubiotics Market Segment Insights
Probiotics segment is projected to expand at a robust CAGR
Based on types, the market is segregated into probiotics and prebiotics. The probiotics segment is further fragmented into bifidobacteria, lactobacilli, and others. The prebiotics segment is further divided into galacto-oligosaccharides, fructo-oligosaccharides, inulin, and others. The probiotics segment is projected to expand at a robust CAGR during the forecast period owing to the growing demand for eubiotics utilization in animal feed. Moreover, increasing consumption of probiotics to benefit digestion, animal performance, and the immune system is expected to boost the market segment growth in the coming years. On the other hand, the prebiotics segment is anticipated to hold a significant market share during the forecast period owing to the rising demand for better animal feed quality and improved living standards of the consumers.
Poultry segment is projected to hold a significant market share
On the basis of animal types, the market is fragmented into swine, aquaculture, ruminant, poultry, and others. The poultry segment is projected to hold a significant market share during the forecast period due to high demand for poultry chicken in the food industry and rising trend of poultry farming. However, the ruminant segment is anticipated to expand at a considerable pace owing to increasing demand for sustainable ruminant production and large scale consumption of high-quality products of ruminant origin.
Brazil is anticipated to constitute a key market share
In terms of geography, the market is classified as Brazil, Mexico, Colombia, Argentina, and Rest of South America. Brazil is anticipated to constitute a key share of the market during the projected period owing to growing animal feed industry. Moreover, the government support and high demand for various meats in the country is one of the major factors behind the rapid expansion of the market in the country. Additionally, increasing awareness about the impact of eubiotics on animal health and the subsequent rising consumption of eubiotics are expected to spur the growth of the market in the country. However, the market in Mexico is anticipated to exhibit a robust CAGR during the forecast period due to growing demand for animal feed and animal protein in the country.
Segments
Segments Covered in the Report
The South America eubiotics market has been segmented on the basis of
Types
- Probiotics
- Bifidobacteria
- Lactobacilli
- Others
- Prebiotics
- Galacto-oligosaccharides
- Fructo-oligosaccharides
- Inulin
- Others
- Swine
- Aquaculture
- Ruminant
- Poultry
- Others
- Brazil
- Mexico
- Colombia
- Argentina
- Rest of North America
- Kemin Industries, Inc.
- Novus International
- DSM
- Cargill, Incorporated.
- BASF SE
Competitive Landscape
Key players competing in the South America eubiotics market are Kemin Industries, Inc.; Novus International; DSM; Cargill, Incorporated.; and BASF SE. Companies are focusing on marketing strategies, product launches, acquisitions, and collaborations with other industry players to increase their market sales.
In November 2021, Kemin Industries, Inc. announced the construction of the US manufacturing plant at Verona, Missouri, US. The plant produced the clean-label protein ingredients for meat & poultry industries and protein-based applications.
In September 2021, DSM announced its agreement to acquire First Choice Ingredients, a leading supplier of dairy-based savory flavorings. The agreement aimed to accelerate growth in food & beverages industry. The acquisition extended the integrated solutions offering in food & beverages and provided customers with innovative taste solutions for the improved end-products.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Eubiotics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Eubiotics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Eubiotics Market - Supply Chain
4.5. Global Eubiotics Market Forecast
4.5.1. Eubiotics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Eubiotics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Eubiotics Market Absolute $ Opportunity
5. Global Eubiotics Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Eubiotics Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Eubiotics Demand Share Forecast, 2019-2026
6. North America Eubiotics Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Eubiotics Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Eubiotics Demand Share Forecast, 2019-2026
7. Latin America Eubiotics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Eubiotics Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Eubiotics Demand Share Forecast, 2019-2026
8. Europe Eubiotics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Eubiotics Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Eubiotics Demand Share Forecast, 2019-2026
9. Asia Pacific Eubiotics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Eubiotics Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Eubiotics Demand Share Forecast, 2019-2026
10. Middle East & Africa Eubiotics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Eubiotics Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Eubiotics Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Eubiotics Market: Market Share Analysis
11.2. Eubiotics Distributors and Customers
11.3. Eubiotics Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Kemin Industries, Inc.
11.4.2. Novus International
11.4.3. DSM
11.4.4. Cargill, Incorporated.
11.4.5. BASF SE
2. Assumptions and Acronyms Used
3. Research Methodology
4. Eubiotics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Eubiotics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Eubiotics Market - Supply Chain
4.5. Global Eubiotics Market Forecast
4.5.1. Eubiotics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Eubiotics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Eubiotics Market Absolute $ Opportunity
5. Global Eubiotics Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Eubiotics Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Eubiotics Demand Share Forecast, 2019-2026
6. North America Eubiotics Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Eubiotics Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Eubiotics Demand Share Forecast, 2019-2026
7. Latin America Eubiotics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Eubiotics Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Eubiotics Demand Share Forecast, 2019-2026
8. Europe Eubiotics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Eubiotics Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Eubiotics Demand Share Forecast, 2019-2026
9. Asia Pacific Eubiotics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Eubiotics Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Eubiotics Demand Share Forecast, 2019-2026
10. Middle East & Africa Eubiotics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Eubiotics Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Eubiotics Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Eubiotics Market: Market Share Analysis
11.2. Eubiotics Distributors and Customers
11.3. Eubiotics Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Kemin Industries, Inc.
11.4.2. Novus International
11.4.3. DSM
11.4.4. Cargill, Incorporated.
11.4.5. BASF SE
Segments Covered in the Report
The South America eubiotics market has been segmented on the basis of
Types
- Probiotics
- Bifidobacteria
- Lactobacilli
- Others
- Prebiotics
- Galacto-oligosaccharides
- Fructo-oligosaccharides
- Inulin
- Others
- Swine
- Aquaculture
- Ruminant
- Poultry
- Others
- Brazil
- Mexico
- Colombia
- Argentina
- Rest of North America
- Kemin Industries, Inc.
- Novus International
- DSM
- Cargill, Incorporated.
- BASF SE
Key players competing in the South America eubiotics market are Kemin Industries, Inc.; Novus International; DSM; Cargill, Incorporated.; and BASF SE. Companies are focusing on marketing strategies, product launches, acquisitions, and collaborations with other industry players to increase their market sales.
In November 2021, Kemin Industries, Inc. announced the construction of the US manufacturing plant at Verona, Missouri, US. The plant produced the clean-label protein ingredients for meat & poultry industries and protein-based applications.
In September 2021, DSM announced its agreement to acquire First Choice Ingredients, a leading supplier of dairy-based savory flavorings. The agreement aimed to accelerate growth in food & beverages industry. The acquisition extended the integrated solutions offering in food & beverages and provided customers with innovative taste solutions for the improved end-products.
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