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Eubiotics Market Ultimate Analysis by Prominent Players - Cargill, BASF, DSM, Novozymes, Chr. Hansen, Danisco, and Lesaffre group
Eubiotics Market
The Eubiotics Market may surpass USD 9 billion by 2024; according to a new research report.
Rising importance of animal health and nutrition owing to emerging livestock diseases including pathogenic inflections, influenza, and foot & mouth disease causing high mortality along with hampering their productivity and yield should drive eubiotics market.
Eubiotics product range comprise of prebiotics, probiotics, essential oils and organic acids which stimulates growth of beneficial bacteria and enhances immune response to combat with livestock diseases thereby promoting product demand.
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Stringent regulatory standards phasing out antibiotic growth promoters (AGPs) owing to ill effects on animal and human health has led to growing adoption of natural growth promoters (NGPs) should favor industry growth. Eubiotics are beneficial alternatives to AGPs which act as natural digestive stimulants balancing gut micro flora and enhance digestive metabolism along with developing disease resistance thereby contributing towards product demand.
U.S. prebiotics market may exceed to USD 75 million up to 2024. Prebiotics are dietary components and natural source of carbon and energy which stimulate growth of friendly bacterial strains inhibiting pathogenic infections thereby stimulating eubiotics demand.
Inulin prebiotics may witness strong growth at over 9.5% over the forecast timeframe. Production process such as weaning, hatching exerts high environmental pressure on poultry and pigs which may cause intestinal disease, reduced nutrient digestibility, immunity, performance and weight. Inulin act as natural growth supplement which helps animal recovery by maintaining microbial population thereby surging product demand.
Technological limitations for systematic evaluation of actual product effect on animal health and performance along with standardization issues may hamper industry profitability thereby affecting eubiotics market price trend. However, high investments in technological innovation to achieve cost effectiveness and desired effect should have positive impact on industry growth.
Germany eubiotics market may surpass USD 650 million at the end of 2024. Expanding livestock production industry supported by strict policies on ban of antibiotics in animal feed should favor regional industry growth.
Poultry eubiotics market may witness significant gains. Positive indicators in meat consumption due to changing dietary patterns and include high protein content should boost product demand. Organic acids, probiotics and essential oils imparts freshness in meat products along with increasing meat quality, weight and enhance shelf life thereby promoting product demand.
Formic acid market used as organic acids for livestock applications may register gains close to 8%. It helps inhibiting growth of antibiotics resistant bacteria mainly in meat and milk products along with improving productivity and digestive mechanism in animals which is likely to propel eubiotics industry growth.
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Eubiotics market from gut health application may grow significantly owing to growing usage in young animals, calves to improve immune response and digestive mechanism is likely to positively favor industry growth. Strong R&D expenditure in developing technologies to overcome standardization issue in products may fuel product demand.
Global eubiotics market share is moderately consolidated and highly competitive with some of the key players operating in this industry includes Cargill, BASF, DSM, Novozymes, Chr. Hansen, Danisco, and Lesaffre group.
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