The Middle East and Africa eubiotics market is expected to reach USD 249.73 million in 2024 and reach USD 356.53 billion by 2029, growing at a CAGR of 7.38% from 2024 to 2029.
The market has been showcasing evident potential in the mentioned period. Eubiotics play a major role in providing health and medicinal benefits to livestock like preclusion and aid against other diseases common in animals. Apart from it, they also carry high nutritional value with them. The rise in the capability of Eubiotics production and commercialization in farming has led agriculture-based industries to gain interest in the market lately.
Eubiotics are basically used as additives in feed for animals. They help avoid various diseases in animals and keep them healthy, therefore increasing their productivity. They also help create an appropriate balance of the microflora in our gastrointestinal tract and maintain a hygienic lifestyle.
The antibiotics ban has created an open window for eubiotics to break into the agriculture industry and fill the space. This has been one of the greatest factors responsible for the recent growth of the Middle East & Africa eubiotics market. Other key factors driving the market include rising demand for naturally derived products, industrialization of the livestock industry, and increasing instances of livestock disease. These factors have aided the growth of the market lately, although some of the factors have resulted in hurdles to the market as well. These are competition for from other industries raw materials, low awareness of product efficiency and regulatory framework.
This research report on the Middle East And Africa eubiotics market is segmented and sub-segmented into the following categories:
Middle East and Africa Eubiotics Market - ByType:
Middle East and Africa Eubiotics Market – By Livestock:
Middle East and Africa Eubiotics Market – By Country:
On the basis of geographical analysis, the Middle East & Africa eubiotics market is segmented into two regions namely the Middle East and Africa.
KEY MARKET PLAYERS:
Some of the major companies dominating the Middle East & Africa eubiotics market through their products and services, include Royal DSM, Addcon, BASF SE, Kemin Industries Inc., and CHR. Hansen A/S, Cargill Incorporated, Novus International Inc., E. I. Du Pont De Nemours and Company, Beneo Group, Behn Meyer Group.
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