Global Eubiotics Market
By Type (Prebiotics, Probiotics, organic acids), By Form (Liquid form, Dry form), By Function (Yield, Immunity, Productivity), By Region (North America, South America, Europe, Asia Pacific, Rest of World), By Livestock (Poultry, Ruminants, Aquatic animals)
The Global Eubiotics Market was valued at USD 4.80 billion in 2016 and is projected to reach USD 9.13 billion by 2025, growing at a CAGR of 7.40% from 2017 to 2025.
Eubiotics improve the immune system of the body. They are natural digestive stimulants that create healthy balance of microflora. These are good for digestive health and are a substitute to antibiotics. Eubiotics have gained attention in human as well as animal feed additives. This market has gained more importance due to the ban on antibiotics in many countries.
1. Market Drivers
1.1 High demand for animal protein.
1.2 High demand for manufactured animal feed.
1.3 More awareness about the feed quality.
2. Market Restraints
2.1 Rise in price of raw materials.
2.2 Major lack of awareness in most countries.
The Global Eubiotics Market is segmented on the basis of Type, Form, Function, Livestock and Region.
1. By Type:
1.1.1 Fructo-Oligosaccharides (FOS)
1.1.2 Mannan-Oligosaccharide (MOS)
1.1.3 Galacto-Oligosaccharides (GOS)
188.8.131.52 Research on Lactobacilli
184.108.40.206 Research on Bifidobacteria
1.2.3 Streptococcus Thermophilus
1.2.4 Other Bacteria
1.3 Organic Acids
1.3.1 Lactic Acid
1.3.2 Propionic Acid
1.3.3 Formic Acid
1.3.4 Acetic Acid
1.3.5 Fumaric Acid
1.4 Essential Oils
2. By Form:
2.1 Liquid form
2.2 Dry form
3. By Function:
3.2 Nutrition & Gut Health
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
5. By Livestock:
5.1.1 Key features
220.127.116.11 Growth and Improved Feed Conversion Rate
5.3 Aquatic Animals
5.4 Other Livestock
5.5.1 Key Features
18.104.22.168 Protection Against Infection
22.214.171.124 Stimulate and Neutralize
The major players in the market are as follows:
1. BASF SE
2. Koninklijke DSM N.V.
4. Lesaffre Group
5. Lallemand, Inc.
6. Behn Meyer Group
7. Advanced Bio Nutrition Corp
9. E.I. Dupont De Nemours and Company
10. Chr. Hansen Holding A/S
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Eubiotics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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