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Africa Eubiotics Market Report and Forecast 2024-2032

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    Report

  • 166 Pages
  • November 2023
  • Region: Africa
  • Expert Market Research
  • ID: 5912841
According to the report, 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.

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.

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.

Market Segmentation

The market can be divided based on type, form, application, end use, and country.

Market Breakup by Type

  • Probiotics
  • Prebiotics
  • Organic Acids
  • Essential Oils

Market Breakup by Form

  • Liquid
  • Solid

Market Breakup by Application

  • Gut Health
  • Immunity
  • Yield

Market Breakup by End Use

  • Cattle Feed
  • Poultry Feed
  • Swine Feed
  • Aquatic Feed
  • Others

Market Breakup by Country

  • South Africa
  • Egypt
  • Nigeria
  • Algeria
  • Others

Competitive Landscape

The 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 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.
  • Others

Table of Contents

1 Preface2 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 Snapshot7 Opportunities and Challenges in the Market
8 Global Eubiotics Market Overview
8.1 Key Industry Highlights
8.2 Global Eubiotics Historical Market (2018-2023)
8.3 Global Eubiotics Market Forecast (2024-2032)
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 (2018-2023)
9.3 Africa Eubiotics Market Forecast (2024-2032)
10 Africa Eubiotics Market by Type
10.1 Probiotics
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Prebiotics
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Organic Acids
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Essential Oils
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Africa Eubiotics Market by Form
11.1 Liquid
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Solid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Africa Eubiotics Market by Application
12.1 Gut Health
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Immunity
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Yield
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Africa Eubiotics Market by End Use
13.1 Cattle Feed
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Poultry Feed
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Swine Feed
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Aquatic Feed
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Africa Eubiotics Market by Country
14.1 South Africa
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Egypt
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Nigeria
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Algeria
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
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 2032
2. Africa Eubiotics Market: Key Industry Highlights, 2018 and 2032
3. Africa Eubiotics Historical Market: Breakup by Type (USD Million), 2018-2023
4. Africa Eubiotics Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Africa Eubiotics Historical Market: Breakup by Form (USD Million), 2018-2023
6. Africa Eubiotics Market Forecast: Breakup by Form (USD Million), 2024-2032
7. Africa Eubiotics Historical Market: Breakup by Application (USD Million), 2018-2023
8. Africa Eubiotics Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Africa Eubiotics Historical Market: Breakup by End Use (USD Million), 2018-2023
10. Africa Eubiotics Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Africa Eubiotics Historical Market: Breakup by Country (USD Million), 2018-2023
12. Africa Eubiotics Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Africa Eubiotics Market Structure

Companies Mentioned

  • 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.

Methodology

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