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Africa Eubiotics Market Size, Share, Growth, Forecast: By Type: Probiotics, Prebiotics, Organic Acids, Essential Oils; By Form: Liquid, Solid; By Application: Gut Health, Immunity, Yield; By End Use: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2023-2028
Africa Eubiotics Market Outlook
The Africa eubiotics market size is projected to grow at a CAGR of 6.80% between 2023 and 2028. The major drivers of the market include rising disposable income and increasing awareness regarding the benefits of maintaining animal gut health.
Key Trends in the Market
Eubiotic is a feed additive used for performance and gut health improvement of animals. They help in aggregating the production of microbiota in the gastrointestinal tract of the animals, improving their immune system.
- Technological advancements and growing research and development activities are increasing the availability of a range of eubiotic products in Africa. Innovations such as development of novel ingredients and new strains of probiotics and growing usage of encapsulation techniques to improve product stability is further driving the Africa eubiotics market growth.
- The ability of eubiotics to improve growth rate, reduce production costs, optimise feed utilisation, and enhance immunity of livestock including swine, aquaculture, and poultry, among others are aiding the market expansion in Africa.
- Eubiotics promote balanced gut microbiota, enhance digestive efficiency, and improve nutrient absorption in animals. Rising awareness among veterinarians and farmers regarding animal gut health has encouraged the adoption of organic acids, probiotics, and prebiotics, among others.
Africa Eubiotics Market Analysis
Based on type, the market is segmented into probiotics, prebiotics, organic acids, and essential oils. By form, the market is bifurcated into liquid and solid. On the basis of application, the market is categorised into gut health, immunity, and yield. Based on end use, the market is classified into cattle feed, poultry feed, swine feed, and aquatic feed, among others. On the basis of country, the Africa eubiotics market segmentation includes South Africa, Egypt, Nigeria, and Algeria, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- 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.
- Others
Market Share by Type
Probiotics account for a significant Africa eubiotics market share owing to the rising demand for meat and other animal products in the region. Improving living standards and rising disposable incomes have resulted in an increased demand for high protein foods such as meat, eggs, and milk. The livestock industries are focussing on increasing productivity to fulfil the growing requirement, boosting the utilisation of probiotics as they improve growth performance and regulate the immune system.
Market Share by Form
Liquid eubiotics are expected to hold a significant share of the market over the forecast period. This growth can be attributed to the enhanced performance offered by the liquid formulations as opposed to their solid counterparts. The formulation is also preferred due to its cost-efficient nature and the ability to reduce gastric pH and enteric pathogens. Moreover, the convenience offered by liquid eubiotics including precise dosing, easy handling, and uniform distribution is further boosting the Africa eubiotics market demand.
Competitive Landscape
BASF SE was founded in 1865 and is headquartered in Rhineland-Palatinate, Germany. The chemical manufacturing company produces functional materials and solutions, oil and gas, performance products, and agricultural solutions, among others.
Chr. Hansen Holding A/S is a bioscience company that was founded in 1874 and is headquartered in Horsholm, Denmark. The company is known for supplying bacteria cultures, enzymes, probiotics, and human milk oligosaccharides.
Novus International Inc. was established in 1991 and has its headquarters located in Missouri, United States. The animal health and nutrition company provides amino acids, feed preservatives, and organic trace minerals to their customers around the globe.
Other Africa eubiotics market key players include Cargill, Incorporated, Koninklijke DSM N.V, Lallemand Inc., Archer Daniels Midland Company, Kemin Industries, Inc., and Envarto (Pty) Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Eubiotics Market Overview
8.1 Key Industry Highlights
8.2 Global Eubiotics Historical Market (2018-2022)
8.3 Global Eubiotics Market Forecast (2023-2028)
8.4 Global Eubiotics Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Africa Eubiotics Market Overview
9.1 Key Industry Highlights
9.2 Africa Eubiotics Historical Market (2018-2022)
9.3 Africa Eubiotics Market Forecast (2023-2028)
10 Africa Eubiotics Market by Type
10.1 Probiotics
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Prebiotics
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Organic Acids
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Essential Oils
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
11 Africa Eubiotics Market by Form
11.1 Liquid
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Solid
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
12 Africa Eubiotics Market by Application
12.1 Gut Health
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Immunity
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Yield
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
13 Africa Eubiotics Market by End Use
13.1 Cattle Feed
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Poultry Feed
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Swine Feed
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Aquatic Feed
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Africa Eubiotics Market by Country
14.1 South Africa
14.1.1 Historical Trend (2018-2022)
14.1.2 Forecast Trend (2023-2028)
14.2 Egypt
14.2.1 Historical Trend (2018-2022)
14.2.2 Forecast Trend (2023-2028)
14.3 Nigeria
14.3.1 Historical Trend (2018-2022)
14.3.2 Forecast Trend (2023-2028)
14.4 Algeria
14.4.1 Historical Trend (2018-2022)
14.4.2 Forecast Trend (2023-2028)
14.5 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 BASF SE
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Chr. Hansen Holding A/S
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Cargill, Incorporated
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Koninklijke DSM N.V
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Lallemand Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Archer Daniels Midland Company
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Kemin Industries, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Novus International, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Envarto (Pty) Ltd.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Eubiotics Market: Key Industry Highlights, 2018 and 2028
2. Africa Eubiotics Market: Key Industry Highlights, 2018 and 2028
3. Africa Eubiotics Historical Market: Breakup by Type (USD Million), 2018-2022
4. Africa Eubiotics Market Forecast: Breakup by Type (USD Million), 2023-2028
5. Africa Eubiotics Historical Market: Breakup by Form (USD Million), 2018-2022
6. Africa Eubiotics Market Forecast: Breakup by Form (USD Million), 2023-2028
7. Africa Eubiotics Historical Market: Breakup by Application (USD Million), 2018-2022
8. Africa Eubiotics Market Forecast: Breakup by Application (USD Million), 2023-2028
9. Africa Eubiotics Historical Market: Breakup by End Use (USD Million), 2018-2022
10. Africa Eubiotics Market Forecast: Breakup by End Use (USD Million), 2023-2028
11. Africa Eubiotics Historical Market: Breakup by Country (USD Million), 2018-2022
12. Africa Eubiotics Market Forecast: Breakup by Country (USD Million), 2023-2028
13. Africa Eubiotics Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6.80% between 2023 and 2028.
The major market drivers include rising disposable income and increasing awareness regarding the benefits of maintaining animal gut health.
The key trends fuelling the growth of the market include rising research and development activities to enhance the functioning of eubiotics and growth in animal livestock production.
The major countries in the market are South Africa, Egypt, Nigeria, and Algeria, among others.
The significant types of eubiotics include probiotics, prebiotics, organic acids, and essential oils.
The applications of eubiotics include gut health, immunity, and yield.
The significant forms of eubiotics include liquid and solid.
The key players in the market are 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., and Envarto (Pty) Ltd., among others.
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