"Eubiotics Market Projections: USD 9.9 Billion Anticipated with 8.35% CAGR (2023-2032)"
Global Eubiotics Market Outlook Eubiotics contribute to digestive health and act as an antibiotic substitute in feed, further fueling market growth. However, the rising prices of raw materials pose a substantial risk and represent a major challenge for the market. As of 2022, the Eubiotics Market Size reached USD 4.8 Billion, and it is anticipated to grow from USD 5.2 Billion in 2023 to USD 9.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.35% during the forecast period (2023 - 2032). Eubiotics are feed additives encompassing prebiotics, probiotics, organic acids, and essential oils, designed to enhance feed functionality. They play a vital role in improving gut micro-floral conditions and increasing lactose tolerance, thereby supporting the healthy growth of animals. The global eubiotics market is poised for growth, driven by increasing health awareness in livestock management. Technological advancements and product development are significant fact...