Press release
Eubiotics Market Growth Analysis 2024 By Top Key Players – DSM, BASF, Novozymes, Chr. Hansen, Lesaffre Group, Cargill and DuPont & More
Eubiotics market from cattle applications may witness strong gains at over 8%. Essential oil blends, prebiotics and probiotics boost meat quality accompanied with increase in production in dairy cattle. Growing concern regarding foot & mouth disease in cattle is likely to promote product demand to combat this disease.
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Eubiotics Market is set to surpass USD 9 billion at the end of 2024; according to a new research report.
Growing awareness pertaining to natural growth promoters (NGPs) benefits over antibiotics growth promoter (AGPs) supported by approval for GRAS status should drive eubiotics market growth. Rising influence on animal health and nutritional requirements along with easy financial assistance and livestock farming investments should impact positively on industry growth.
Rising incidence of livestock diseases in poultry, swine and cattle owing to pathogenic and nutrition defect has promoted need for eubiotics thereby stimulating industry growth. Probiotics, essential oil and organic acids helps regulating immune response and inhibit harmful bacteria which develops pathogen resistance and reduce mortality rate.
Essential oil based eubiotics market should surpass USD 1 billion at the end of 2024. Rising usage in animal nutrition owing to anti-oxidant, anti-inflammatory and anti-microbial activities along with imparting freshness in animal derived food products is likely to act as a major driving factor towards product demand.
Immunity application is likely to exceed USD 2.2 billion in sales up to 2024. High mortality rate and impaired productivity as a result of emerging livestock diseases may boost product demand. Eubiotics alters gut flora and suppress growth of harmful pathogens along with stimulating immune response thereby promoting industry growth.
Global eubiotics market share is competitive and consolidated. DSM, BASF, Novozymes, Chr. Hansen, Lesaffre Group, Cargill and DuPont are some of the major industry participants. Strong R&D expenditure along with technological advancements should favor industry growth.
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Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Eubiotics Industry Insights
Chapter 4 Eubiotics Market, By Product
Chapter 5 Eubiotics Market, By Form
Chapter 6 Eubiotics Market, By Application
Chapter 7 Eubiotics Market, By Livestock
Chapter 8 Eubiotics Market, By Region
Chapter 9 Company Profiles
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