Eubiotics Market Share, Size, Trends & Industry Analysis Report By Ingredient Type (Prebiotics, Probiotics, Organic Acids, Essential Oil); By Functionality (Yield, Productivity, Immunity, Nutrition & Gut Health); By Application (Poultry, Cattle, Aquaculture, Swine); By Regions: Segment Forecast, 2017 – 2026
The Global Eubiotics Market is expected to grow at a CAGR of 5.6% during the forecast period 2018-2026. As per the analysis, the global market is estimated to reach $8.60 billion by the end of the year 2026.
Eubiotics is defined as non-antibiotic products that maintain the balance of eubiosis or pathogens and good bacteria in the digestive tract. It ensures optimum gastrointestinal functionality—is a steady state of gastrointestinal where the intestinal tract (host) and the microbiome exist in symbiotic equilibrium and dose not constrain the performance and welfare of the animal by intestinal dysfunction. The definition of eubiotics covers four subgroups of direct acting immune modulators, prebiotics, probiotics and gut flora modulators. Several countries impose ban on varieties of antibiotics which promotes the demand for alternatives in animal feed that increase the demand of eubiotics. Eubiotics is witnessing continuous boost in demand in the global pet food industry in the form of functional food ingredient.
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Segmentation Overview of the Global Eubiotics Market
The global eubiotics market is segmented on the basis of Ingredients Type and Functionality segment. These market segments are categorized into sub-segments to study the market in detail.
The Ingredients Type Segment of the Global Eubiotics Market is Sub-Segmented into:
- Organic Acids
- Essential Oils
The Functionality Type Segment of the Global Eubiotics Market is Sub-Segmented into:
Geographical Overview of the Global Eubiotics Market
Region wise, the global eubiotics market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Turkey, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, ASEAN and rest of Asia-pacific), and LAMEA (Latin America, the Middle East, and Africa). As per the analysis, the European region accounted as the largest shareholder in the global eubiotics market. The region holds the dominant position since its ban on use of antibiotics in the year 2006 and accounted as the largest consumer of eubiotics considering the global market.
The North America marked less contribution as compared to Europe. The regional share is supported by significant increase in demand for naturally produced products which impacted the production process of companies that are involved in antibiotic free meat and related meat products.
In the Asia Pacific region, Korea and China contribute significantly in the regional market growth. Ministry for Food, Agriculture, Forestry, and Fisheries of Korea has strict regulations on the usage of antibiotics in animal feed. In some of the Asian countries, where antibiotics are still being freely sold, the regions are witnessing the increasing pressure to reduce the use of antibiotic growth promotants (AGPs), which increases the trend towards using eubiotics in the poultry production. The APAC Eubiotics market is driven by various growth factors such as shift in change of consumer preference and imposed legislation on AGP-free production system.
Key Players Insights
Chr. Hansen Holding A/S, Beneo Group, Lallemand, Inc., Novus International, Inc., Addcon, Kemin Industries, Inc., Novozymes, Koninklijke DSM N.V., Cargil and BASF SE are some major players included in the research study of the global eubiotics market. The market players are adopting various competitive strategies to withhold the market position for the long term.
Key Topics Covered
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Eubiotics Market Insights
3.1. Eubiotics– Industry snapshot
3.2. Eubiotics -Ecosystem analysis
3.3. Eubiotics market dynamics
3.3.1. Eubiotics– Market Forces
18.104.22.168. Eubiotics Market driver analysis
22.214.171.124. Eubiotics Market restraint/challenges analysis
126.96.36.199. Eubiotics Market opportunity analysis
3.3.2. Industry analysis – Porter’s five force
188.8.131.52. Bargaining power of supplier
184.108.40.206. Bargaining power of buyer
220.127.116.11. Threat of substitute
18.104.22.168. Threat of new entrant
22.214.171.124. Degree of competition
3.3.3. Eubiotics market PEST analysis
3.3.4. Eubiotics market Value Chain analysis
3.3.5. Eubiotics Industry trends
3.3.6. Competitive Ranking Analysis
4. Eubiotics Market Size and Forecast by Ingredient Type
5. Eubiotics Market Size and Forecast by Functionality
6. Eubiotics Market Size and Forecast by Application Type
7. Eubiotics Market Size and Forecast by Regions
8. Company Profiles
8.1. BASF SE
8.1.3. Product Benchmarking
8.1.4. Recent Developments
8.2.3. Product Benchmarking
8.2.4. Recent Developments
8.3. Koninklijke DSM N.V.
8.3.3. Product Benchmarking
8.3.4. Recent Developments
8.4.3. Product Benchmarking
8.4.4. Recent Developments
8.5. Kemin Industries, Inc.
8.5.3. Product Benchmarking
8.5.4. Recent Developments
8.6.3. Product Benchmarking
8.6.4. Recent Developments
8.7. Novus International, Inc.
8.7.3. Product Benchmarking
8.7.4. Recent Developments
8.8. Lallemand, Inc.
8.8.3. Product Benchmarking
8.8.4. Recent Developments
8.9. Beneo Group
8.9.3. Product Benchmarking
8.9.4. Recent Developments
8.10. Hansen Holding A/S
8.10.3. Product Benchmarking
8.10.4. Recent Developments
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