Global Eubiotics Market, By Type (ProbioticsPrebiotics, Organic Acids and Essential Oils), Livestock (Swine, Poultry, Ruminants, Aquatic Animals, Horses, Domestic Pets and Others), Form (Dry and Liquid), Function (Nutrition and Gut Health, Yield, Immunity and Productivity), Application (Food and Beverages, Dietary Supplements and Animal Feed), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Eubiotics Market
Data Bridge Market Research analyses that the global eubiotics market will project a CAGR of 7.07% for the forecast period of 2021-2028. Growth and expansion of the food and beverages and feed industries, surging favourable government regulations such as imposing of ban on antibiotics as growth promoters, rising consumer consciousness towards high quality nutritional feed products and increasing personal disposable income by the major companies are the major factors attributable to the growth of eubiotics market.
Eubiotics are natural digestive stimulants that improve the functioning of the immunity system. Eubiotics create healthy balance of microflora in the gastrointestinal tract. Eubiotics further helps to provide medicinal benefits to the livestock. These are generally the feed additives that are used as growth stimulators, enhancing gut functionality and optimizing the health of livestock. These help in improving the livestock productivity by keeping away a wide range of livestock or animal diseases.
Rising levels of demand for better nutrition and proteins for animals and surge in livestock population base are the major factors fostering the growth of the market. Changing lifestyle, growing awareness about the availability of such compounds as a replacement of antibiotic growth promoters and rising focus towards maintaining the livestock health are other important factors acting as market growth determinants. Rising expenditure to undertake research and development proficiencies and growth in the adoption of animal feed will further induce growth in the market value.
However, stringent regulatory procedures in regards to product approvals will pose a major challenge to the growth of the market. High costs associated with the production of these compounds will also hamper the market growth rate. Complications involved in the food production chain will yet again derail the market growth rate.
This eubiotics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on eubiotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Eubiotics Market Scope and Market Size
The eubiotics market is segmented on the basis of type, livestock, form, function and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the global eubiotics market is segmented into probiotics, prebiotics, organic acids and essential oils. Probiotics segment is sub-segmented into lactobacilli, bifidobacteria, streptococcus thermophilus and others. Prebiotics segment is sub-segmented into insulin, fructo-oligosaccharides (FOS), galacto-oligosaccharides (GOS), mannan-oligosaccharides (MOS) and others. Organic acids segment is sub-segmented into formic acid, lactic acid, fumaric acid, propionic acid and acetic acid.
- On the basis of livestock, the eubiotics market is segmented into swine, poultry, ruminants, aquatic animals, horses, domestic pets and others.
- On the basis of form, the eubiotics market is segmented into dry and liquid.
- On the basis of function, the eubiotics market is segmented into nutrition and gut health, yield, immunity and productivity.
- On the basis of application, the eubiotics market is segmented into food and beverages, dietary supplements and animal feed.
Eubiotics Market Country Level Analysis
The eubiotics market is segmented on the basis of type, livestock, form, function and application.
The countries covered in the eubiotics market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe region dominates the eubiotics market and will continue to during the forecast period owing to the increased concerns pertaining to safety of animal health. Asia-Pacific is set to undergo substantial gains and will score the highest CAGR owing to the growth and expansion of animal feed industry and increasing consumption of meat and meat products.
The country section of the eubiotics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Eubiotics Market Share Analysis
The eubiotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to eubiotics market.
The major players covered in the eubiotics market report are DSM, BASF SE, Chr. Hansen Holding A/S, Novozymes, ASAHI GROUP HOLDINGS, Ltd., Lesaffre, Kemin Industries, Inc., Lallemand Inc., BEHN MEYER, NOVUS INTERNATIONAL, BENEO, Yara, Roquette Frères, FrieslandCampina, Neospark Drugs and Chemicals Private Limited, MSPrebiotics Inc., ADM, Cargill, Incorporated and ADDCON GmbH among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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