Eubiotics Market | Industry Improvement Status and Outlook (2018-2023) By Analyzing the Performance of Various Competitors

Eubiotics Market Overview:
Eubiotics are substances used to improve the quality of animal nutrition as well as properties of animal fodder to improve gut health and immunity of livestock. Eubiotics comprises of prebiotics, probiotics, organic acids and other essential compounds. Eubiotics are used as digestive stimulants, which builds a healthy balance of micro-flora in the gastrointestinal tract.

The global eubiotics market is projected to be propelled by the increasing awareness regarding available health benefits to farm animals from the eubiotic additives. Increased awareness about the feed additives has raised the bar for quality, which, in turn, has increased the market share of eubiotics globally. Mass market penetration is leading to the introduction of new products based out of the prebiotic, probiotic & organic acid feed additives and their retail across various regions.

Eubiotics have gained status globally, as they support in improving the quality as well as quantity produced by the animals. Growing health concerns among the sizeable global population together with increasing awareness about the benefits of eubiotics for animals that cannot get enough nutrients from regular meals are most likely to foster the demand for eubiotics feed. For instance, eubiotics in poultry are used to improve birds’ egg-laying capacity, disease prevention, as well as feed utilization.

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Key Players:
Some of the key players profiled in the global eubiotics market:  E. I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (the Netherlands), Cargill Inc. (U.S.), BASF SE (Germany), Novozymes A/S (Denmark), Chr Hansen Holding A/S (Denmark), Calpis Co., Ltd. (Japan), Kemin Industries, Inc. (U.S.), Lallemand Inc. (Canada), Behn Meyer Holding AG (Germany)

Intended Audience:
Eubiotics manufacturers
Feed manufacturers
Raw material suppliers
Retailers and wholesaler
E-commerce industry
Traders, importers, and exporters
 

Key Findings:
In September 2016, Chr. Hansen Holding A/S has acquired LGG Probiotic strain from Valio OY, to increase the product portfolio in eubiotics products

In March 2017, Novozymes A/S has collaborated with Boehringer Ingelheim GmbH. This collaboration will aid the organization to develop probiotic products for animal feed

Eubiotics have massive opportunity in the animal feed industry

 
Segments:
Eubiotics are segmented on the basis of type, which includes probiotics, prebiotics, and others. Among all, the probiotics segment holds a major market share owing to its high efficacy. Additionally, ban on the use of antibiotics in animal feed is supporting this segment to grow.

On the basis of form, the eubiotics market is segmented into dry and liquid. Among both, the liquid segment is dominating the market. Liquid eubiotics can be easily mixed in the feed; this makes it more preferable for the use.

On the basis of function, the eubiotics market is segmented into gut & digestive health, general health & wellness, immunity, and others. Among all the functions, gut & digestive health is dominating the market because of its micro-floral support to the animals to combat against diseases.

On the basis of livestock, the market is segmented into poultry, swine, ruminants, aquatic, and others. In this segment, poultry is dominating the market owing to high protein content in eubiotics which increases the growth rate of poultry birds.

 

Regional Analysis:
The global eubiotics market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global eubiotics market. The growing demand for eubiotics will drive the growth of the market in this region during the review period. Germany and France have the major consumption of eubiotic feed which is likely to support the market growth of eubiotics. Additionally, growing awareness towards animal health will support the sale of eubiotics in various regions over the forecast period.

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Moreover, stringent regulations for the use of antibiotics in animals as a growth promoter in Europe and North America have uplifted the demand for eubiotics in this region which is likely to boost the growth of the eubiotics market during the review period.

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