Market Overview:

Eubiotics are gaining significance in developed regions with an escalating number of areas limiting the employment of antibiotics. They assist in enhancing the immune system and hence plays a vital role in the immune system. These are the natural digestive stimulants that make a healthy balance of microflora in the gastrointestinal tract. The global eubiotics market was valued at USD 5607.5 million in 2019 and is expected to rise with a CAGR of 8.12%, to reach USD 8285.3 million by 2024. 

Market drivers and restraints:

The global eubiotics market is driven by numerous factors like an increase in awareness about feed quality & safety, increasing calls for produced animal feed, an escalating trend of replacing antibiotic growth promoters (AGPS) with eubiotics, and expansion in the request for animal protein. Nevertheless, the complexities of food production chains and stringent regulations for the trade restrain market expansion. Rising investments in the animal nutrition segment and rise in awareness about eubiotics will open opportunities for the business.

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Report segmented as:

By type:

Probiotics
Prebiotics
organic acids
essential oils
By livestock:

poultry
swine
ruminants
aquatic animals
By function:

nutrition & gut health
yield
immunity
production
By dosage form:

dry
liquid
Geographical analysis:

Based on geography, the global eubiotic market is segregated as North America, Europe, Asia Pacific, Latin America, and Rest of the world. Europe market is the biggest for eubiotics, where Germany, France, and U.K are the dominating countries.

Important market players:

Key players operating in the eubiotics market include Cargill (US), BASF SE (Germany), E. I. du Pont de Nemours and Company (US), Koninklijke DSM N. V. (Netherlands), Chr. Hansen A/S (Denmark), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Lesaffre Group (France), Kemin Industries, Inc. (US), Lallemand Inc. (Canada), ADDCON (Germany), Behn Meyer (Malaysia), Novus International Inc. (US), and Advanced BioNutrition Corporation (US).

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for a better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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