Market Analysis: Global Eubiotics Market
Global Eubiotics Market is expected to register a substantial CAGR of 7.61% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the favourable regulations from the government such as imposing of ban on antibiotics as growth promoters in feed nutritional components.
Eubiotics are essentially feed additives that are used for acting as growth stimulators, enhancing gut functionality, nutrition retention and optimizing the health of livestock by maintaining the healthy condition of eubiosis in gastrointestinal tract of animals. This results in enhancement of performance and nutritional health in animals. Key Companies Profiled in the Market Report are DSM; BASF SE; Chr. Hansen Holding A/S; Novozymes; ASAHI GROUP HOLDINGS, Ltd.;
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This market research report highlights the most important market insights that take your business to the highest level of growth and success. The research, analysis and estimations about the market have been performed with the reliable knowledge in this Eubiotics report. Eubiotics market report focuses on important aspects of the market that include but are not limited to historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. This market report helps to obtain information about all the above factors by giving actionable market insights and comprehensive market analysis. Significant Regions covered in this report:: North America ( U.S., Canada, Mexico) South America( Brazil, Rest of South America) Europe(Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Asia-Pacific, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific) Middle East & Africa (UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa)
Market Drivers:
- Rising levels of demand for better nutrition and proteins for animals and different livestock; this factor is expected to drive the growth of the market
- Utilization of these compounds as a replacement of antibiotic growth promoters; this factor is expected to boost the growth of the market
- Enhanced rate of adoption for processes/manufactured animal feed; this factor is expected to propel the growth of the market
- Growing awareness amongst various consumers regarding the maintenance of feed quality and their safety which can subsequently help in health of livestock; this factor is expected to foster growth of the market
Segmentation: Global Eubiotics Market
By Type
- Probiotics
- Lactobacilli
- Bifidobacteria
- Streptococcus Thermophilus
- Others
- Prebiotics
- Inulin
- Fructo-Oligosaccharides (FOS)
- Galacto-Oligosaccharides (GOS)
- Mannan-Oligosaccharides (MOS)
- Others
- Organic Acids
- Formic Acid
- Lactic Acid
- Fumaric Acid
- Propionic Acid
- Acetic Acid
- Essential Oils
By Livestock
- Swine
- Poultry
- Ruminants
- Aquatic Animals
- Horses
- Domestic Pets
- Others
By Form
- Dry
- Liquid
By Function
- Nutrition & Gut Health
- Yield
- Immunity
- Productivity
By Application
- Food & Beverages
- Dietary Supplements
- Animal Feed
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Competitive Analysis:
Global eubiotics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of eubiotics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Key Vendors:- Few of the major competitors currently working in the global eubiotics market are Lesaffre; Kemin Industries, Inc.; Lallemand Inc.; BEHN MEYER; NOVUS INTERNATIONAL; BENEO; Yara; Roquette Frères; FrieslandCampina; Neospark Drugs and Chemicals Private Limited; MSPrebiotics Inc. among others.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
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