Eubiotics Market Estimated at 7.05 Billion USD by 2020

The report Eubiotics Market by Type (Probiotics, Prebiotics, Organic Acids, and Essential Oils), Livestock (Pork/Swine, Poultry, Ruminant, and Aquaculture), & by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Global Trends and Forecast to 2020”, defines and segments the global eubiotics market with analysis of current demand and forecasted consumption in terms of value (USD Million). It also identifies the driving and restraining factors for the global eubiotics market with analysis of trends, opportunities, and challenges. The market is segmented on the basis of type, livestock, and geography. The market is segmented, and market size by value is forecasted for the major regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW).                                           

Browse 75 tables and 45 figures spread through 173 Pages and in-depth TOC on "Eubiotics Market - Global Trends and Forecast to 2020"

Ask for brief illustration of the report:

Early buyers will receive 10% customization on this report.

Eubiotics improve the nutritional value of feed and also influence the characteristics of animal health in a favorable manner. The increasing demand for animal products such as meat, dairy, and eggs has created significant pressure on livestock farmers to improve the productivity of livestock. However, the increasing feed prices are adding to the dilemma for these farmers to identify the way to optimize productivity by keeping expenses at minimal. Eubiotics are the best option available to improve feed digestion and feed conversion ratio. Eubiotics types such as organic acids and their salts are potential alternatives to prophylactic in-feed antibiotics and growth promoters in order to improve the performance of fattening pigs, weaned piglets, and reproductive sows.

The increasing commercialization of the livestock production sector has created significant demand for eubiotics in the global market. The growth of the retail sector due to increasing purchasing power of consumers on account of improving per capita income due to industrialization and globalization is a key driver of the demand for processed meat and dairy products. Consumers around the world are becoming concerned about the quality of food they are purchasing due to increasing instances of E. coli and salmonella traces in meat and dairy products. Hence, they prefer processed meat and dairy products since they are produced under hygienic conditions.

The global market for eubiotics was valued at USD 4.62 Billion in 2014 and is projected to reach USD 7.05 Billion by 2020, at a CAGR of 7.4% from 2015 to 2020. Europe dominated the market with a share of around 33%. The Asia-Pacific region is expected to be the fastest-growing market during the projected year from 2015 to 2020, due to the growing concentration of farmers’ efficient utilization of feed to reduce the cost of production.

Inquire Before Buying Report:

The eubiotics market is highly competitive with a large number of global market players. The market for eubiotics is being driven by increasing awareness, ban on the use of antibiotics in animal feed in Europe and North America regions. High value eubiotics such as probiotics, prebiotics, essential oils, and organic acids and their benefits on livestock are driving the demand for the eubiotics market.

Major players such as Chr. Hansen (Denmark), Cargill Incorporated (U.S.) and ADDCON (Germany), BASF SE (Germany), Kemin Industries Inc. (U.S.), and Behn Meyer (Singapore) accounted for more than 70% of eubiotics market (by developments). Expansions, new product launch and joint ventures & collaborations were the most preferred growth strategies in the eubiotics market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India