Eubiotics are substances used to improve the quality of animal nutrition as well as properties of animal fodder to improve gut health and immunity of livestock. Eubiotics comprises of prebiotics, probiotics, organic acids and other essential compounds. Eubiotics are used as digestive stimulants, which builds a healthy balance of micro-flora in the gastrointestinal tract.
Eubiotics have gained status globally, as they support in improving the quality as well as quantity produced by the animals. Growing health concerns among the sizeable global population together with increasing awareness about the benefits of eubiotics for animals that cannot get enough nutrients from regular meals are most likely to foster the demand for eubiotics feed. For instance, eubiotics in poultry are used to improve birds’ egg-laying capacity, disease prevention, as well as feed utilization.
In September 2016, Chr. Hansen Holding A/S has acquired LGG Probiotic strain from Valio OY, to increase the product portfolio in eubiotics products. In March 2017, Novozymes A/S has collaborated with Boehringer Ingelheim GmbH. This collaboration will aid the organization to develop probiotic products for animal feed.
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Key Players and Competition Analysis
Some of the key players profiled in the global eubiotics market: E. 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)
Eubiotics are segmented based on type, which includes probiotics, prebiotics, and others. Among all, the probiotics segment holds a major market share owing to its high efficacy. Additionally, ban on the use of antibiotics in animal feed is supporting this segment to grow.
On the basis of 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.
Browse the market data and information spread across 110 pages with 30 data tables and 16 figures of the report “Eubiotics Market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/eubiotics-market-5007
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 growing demand for eubiotics will drive the growth of the market in this region during the review period. Germany and France have the major consumption of eubiotic feed which is likely to support the market growth of eubiotics. Additionally, growing awareness towards animal health will support the sale of eubiotics in various regions over the forecast period.
Moreover, stringent regulations for the use of antibiotics in animals as a growth promoter in Europe and North America have uplifted the demand for eubiotics in this region which is likely to boost the growth of the eubiotics market during the review period.
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