Press Release / Business / Eubiotics Industry Research, Statistics, Size, Share, Development and Business Growth, Forecast To 2023

Eubiotics Industry Research, Statistics, Size, Share, Development and Business Growth, Forecast To 2023

Eubiotics Market Overview

The Global Eubiotics Market is anticipated to be driven by the increasing health awareness towards livestock. Also, the advancement in product development coupled with the technological improvements is the significant reasons for the increasing growth of Eubiotics Market during the forecast period. Additionally, the market players are responding to these new opportunities by expanding their service offerings, which has fueled up the share of eubiotics as a feed additive in the global market. Eubiotics Industry are feed additives that contain prebiotics, probiotics, organic acids and essential oils. It is used to enhance the functionality of feed. Eubiotics help in improving micro-floral conditions of the gut and increasing the lactose tolerance limit, consequently supporting in healthy growth of the animal.

Downstream Analysis

Eubiotics are segmented based on type, which includes probiotics, prebiotics, and others. Among all, the probiotics segment holds the major market share owing to its high efficacy.

Based on form, the Eubiotics Market is segmented into dry and liquid. Liquid eubiotics can be easily mixed in the feed; this makes it more convenient for the livestock to consume.

Based on the 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.

Competitive Analysis:

The major players in Eubiotics Market

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)
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 foremost reason for this growth is increasing awareness regarding livestock health in this region. Additionally, increased consumption of eubiotics associated with gut health support in the developed counties like Germany, France, the U.S., Canada and Mexico is expected to uplift the global Eubiotics Market over the review period.

However, in Asia Pacific region, mainly emerging economies including China, India, and Indonesia is estimated to witness a maximum growth in the global Eubiotics Market over the forecast period 2017-2023.

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