Europe Eubiotics Market Size & Outlook, 2022-2030
Europe eubiotics market, 2018-2030 (US$M)
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Europe eubiotics market highlights
- The Europe eubiotics market generated a revenue of USD 2,119.2 million in 2022.
- The market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, probiotics was the largest revenue generating product in 2022.
- Prebiotics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,119.2 million |
| Market revenue in 2030 | USD 3,586.3 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Probiotics |
| Fastest growing segment | Prebiotics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Probiotics, Prebiotics, Organic Acids, Phtyogenics |
| Key market players worldwide | DSM Firmenich AG, Mitsui & Co Ltd, Lallemand, Beneo, Kemin Industries, DuPont de Nemours Inc, Novonesis AS ADR, Associated British Foods PLC, Novozymes, Evonik Industries AG, Basf SE, Cargill, Archer-Daniels Midland Co, China National Bluestar Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 43.1% of the global eubiotics market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,654.2 million by 2030.
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Eubiotics Market Scope
Eubiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe eubiotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eubiotics market will help companies and investors design strategic landscapes.
Probiotics was the largest segment with a revenue share of 39.3% in 2022. Horizon Databook has segmented the Europe eubiotics market based on probiotics, prebiotics, organic acids, phtyogenics covering the revenue growth of each sub-segment from 2018 to 2030.
Countries such as Germany, France, and Italy have observed a surge in meat consumption over the past few years, which has propelled manufacturers to source disease-free and high-quality animal products.
Further, the rising demand for high-quality meat and meat products is anticipated to drive the feed additives market in the region, in turn, fueling the consumption of eubiotics ingredients in feed industry.
The region’s total production accounted for 161.7 million metric Kilotons in 2019. Poultry feed accounts for a major share of the region’s compound feed market, representing approximately one-third of the total compound feed market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe eubiotics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe eubiotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe eubiotics market size, by country, 2018-2030 (US$M)
Europe Eubiotics Market Outlook Share, 2022 & 2030 (US$M)
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