Africa Eubiotics Market Outlook
According to a new report by Expert Market Research titled, “Africa Eubiotics Market Size, Share, Growth, Analysis, Report and Forecast 2024-2032″, the Africa eubiotics market is projected to grow at a CAGR of 6.80% between 2024 and 2032. Aided by rising disposable income and increasing awareness regarding the benefits of maintaining animal gut health, the market is expected to grow significantly by 2032.
Eubiotics, primarily referring to a group of products including probiotics, prebiotics, organic acids, and essential oils, have risen to prominence in the animal feed industry. These products are known to maintain optimal balance and composition of gut flora in animals, ensuring enhanced animal health and improved productivity. The primary function of eubiotics is to prevent the growth of harmful microorganisms, thereby eliminating the necessity for antibiotic growth promoters in animal feed, which in turn reduces antibiotic resistance concerns.
The surge in demand for high-quality, protein-rich animal-derived products such as meat, milk, and eggs in Africa has been a significant propellant for the Africa eubiotics market growth. As consumers become increasingly health-conscious, there’s an observable shift towards organically reared poultry, cattle, and swine. Eubiotics, due to their natural composition and health-enhancing attributes, are becoming the preferred choice for feed additives amongst farmers and livestock rearers.
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Further enriching the Africa eubiotics market demand is the escalating concern surrounding antibiotic residues in animal products. With several African countries revising their regulatory framework around antibiotic use in livestock rearing, eubiotics have emerged as an attractive alternative. Their ability to promote animal health without the associated risks of drug resistance or residue makes them particularly appealing to the modern livestock industry.
The application of eubiotics extends beyond just health enhancement. In industries like poultry and dairy farming, they have shown potential in boosting productivity and yield. As African nations look to enhance their agricultural output, especially in the realm of animal farming, the adoption of eubiotics is anticipated to witness a significant uptick.
Research and development initiatives aimed at producing region-specific eubiotic formulations could pave the way for enhanced Africa eubiotics market expansion. Partnerships between eubiotics producers and local agricultural bodies can foster awareness campaigns, ensuring that the benefits of eubiotics reach the grassroots level.
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Moreover, with Africa positioning itself as a significant player in the global agricultural exports market, the demand for quality feed additives, such as eubiotics, is set to rise. The international market’s preference for organically reared livestock and the associated products will further nudge African farmers towards the adoption of eubiotics. Stakeholders investing in awareness, accessibility, and region-specific research are likely to reap substantial benefits in this burgeoning market space.
Africa Eubiotics Market Segmentation
The market can be divided based on type, form, application, end use, and country.
Market Breakup by Type
- Organic Acids
- Essential Oils
Market Breakup by Form
Market Breakup by Application
- Gut Health
Market Breakup by End Use
- Cattle Feed
- Poultry Feed
- Swine Feed
- Aquatic Feed
Market Breakup by Country
- South Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa eubiotics market. Some of the major players explored in the report by Expert Market Research are as follows:
- BASF SE
- Chr. Hansen Holding A/S
- Cargill, Incorporated
- Koninklijke DSM N.V
- Lallemand Inc.
- Archer Daniels Midland Company
- Kemin Industries, Inc.
- Novus International, Inc.
- Envarto (Pty) Ltd.
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