LAMEA Eubiotics Market Size, Share & Industry Trends Analysis Report By Product (Probiotics, Organic Acids, Phytogenic, Prebiotics, and Enzymes), By Application, By Form, By End-use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Eubiotics Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).
In comparison to the initial generation of these medications, today's eubiotics provide more consistent outcomes. Some eubiotic substances have a consistent response to outdoor stimuli, especially in young birds. They help to create the gut microbiota by boosting lactobacilli development via the synthesis of lactic acid and bacteriocins. This helps to prevent the growth of harmful germs like Salmonella. Despite these advancements, probiotic effectiveness is extremely reliant on the experimental paradigm utilized, and only a few of them show clearly repeatable favorable results.
When a calf is born, there is a window of opportunity to instill excellent health. It is crucial to offer support for the growing immune response during the essential first few weeks of life by administering eubiotics to calves early on to assist preserve normal GI health. Around 70% of the immune system is located in or around the digestive system. Maintaining good intestinal health in a calf's early years is critical to rearing a fast-growing animal with a strong, functioning immune system.
The South African government and the poultry sector agreed to a Chicken Sector Master Plan in November 2019, which aims to boost poultry production and protect local domestic farmers from unfair trade tactics and imports. Increased import duties are one of the strategies that would be employed to achieve the latter goal. The International Trade Administration Commission approved the South African Poultry Association's (SAPA) request for import duty increases on bone-in and boneless chicken imports in March 2020.
South Africa manufactures 19.6 million birds per week, making the poultry industry the largest agricultural product sector in the country, surpassing all other animal sectors and all field crop and horticulture industries. The industry faces high manufacturing costs, which influence annual productivity. High feed costs dominate their production expenses, reducing the poultry industry's competitiveness.
The Brazil market dominated the LAMEA Eubiotics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $164.2 million by 2028. The Argentina market is poised to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The Egypt market would display a CAGR of 9.7% during (2022 - 2028).
Based on Product, the market is segmented into Probiotics, Organic Acids, Phytogenic, Prebiotics, and Enzymes. Based on Application, the market is segmented into Gut Health, Immunity, Yield, and Others. Based on Form, the market is segmented into Solid and Liquid. Based on End-use, the market is segmented into Poultry Feed, Swine Feed, Cattle Feed, Aquatic Feed, and Others. Based on countries, the market is segmented into Brazil, Argentina, Egypt, Tanzania, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Eubiotics Market is Predict to reach $7.2 Billion by 2028, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Novozymes A/S, BASF SE, DuPont de Nemours, Inc., Chr. Hansen holding A/S, Lallemand, Inc., Lesaffre Group, Kemin Industries, Inc., Cargill Corporation, and Calpis Co., Ltd.
- Organic Acids
- Gut Health
- Poultry Feed
- Swine Feed
- Cattle Feed
- Aquatic Feed
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Koninklijke DSM N.V.
- Novozymes A/S
- BASF SE
- DuPont de Nemours, Inc.
- Chr. Hansen holding A/S
- Lallemand, Inc.
- Lesaffre Group
- Kemin Industries, Inc.
- Cargill Corporation
- Calpis Co., Ltd.
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