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According to the latest report by IMARC Group, titled “Eubiotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global eubiotics market is expected to exhibit a CAGR of 7.41% during 2022-2027.
Eubiotics are additives that enhance the nutritional value of the animal feed and improve the overall health of livestock, poultry, swine, and aquatic animals. They comprise prebiotics, probiotics, essential oils, and organic acids that increase nutrient absorption, immunity, and the overall functioning of the body parts. They are essential for hormonal, immunologic, and metabolic homeostasis and maintaining a healthy balance of microbiota in the gastrointestinal tract.
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Global Eubiotics Market Trends:
Increasing livestock farming, along with the rising need for better nutrition and proteins among animals, represents one of the major factors bolstering the market growth. Besides this, as eubiotics are employed as an alternative for antibiotic growth promoters (AGPs), the increasing awareness among individuals about feed quality and safety is propelling the market growth. Furthermore, enhanced microbiological solutions to develop novel product variants with easy digestibility and targeted results are offering lucrative growth opportunities to market players. Moreover, increasing domestication of animals as pets, especially dogs, cats, and cows, is driving the market.
Eubiotics Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of product, form, application, end use and region.
Breakup by Product:
Breakup by Form:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
Key highlights of the report:
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