Eubiotics Market Projected to Reach US$ 6 Bn in 2019

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Eubiotics Market

• April 2020

Report Id REP-GB-11087 Published On Feb
21,2020 Category Food and Beverages
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Eubiotics Market Analysis
Touching a revenue pool of US 6 Bn mark in 2019,
the global eubiotics market will grow at a
promising CAGR during the forecast period,
2019-2029. Upsurge in meat consumption in tandem
with growing concern about livestock safety would
be the key factors oiling the growth engine.
Further, increasing need for better quality
animal feed and meat products among customers is
offering potential opportunities to market
players. "Antibiotics, despite their numerous
benefits, pose threat to animal health as well as
their surroundings. As such, regulatory bodies
such as the Food and Drug Administration (FDA)
are instituting bans on the adoption of
antibiotics during the production of meat and
dairy products. This is creating a fertile ground
for higher profit margins for eubiotics
manufacturers," reveals FMI study.
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Eubiotics Market Analysis

• Key Findings of FMI's Report on Eubiotics Market
• Europe's eubiotics market continues to offer
  remunerative growth prospects Market in Asia
  Pacific (APAC) to accelerate.
• Among types of eubiotics, probiotics and
  prebiotics will see substantial demand growth.
• Dry form of eubiotics is likely to show higher
  growth rate over the forecast period, owing to
  its prolonged shelf life.
• Leading eubiotics manufacturers are focusing on
  product innovations to ensure relevant value
  creation.
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Eubiotics Market Analysis

• Eubiotics Market - Key Driving Factors
• Stringent norms against consumption of
  antibiotics as feed additives will be the major
  growth driver for eubiotics market.
• Increasing preference for healthier alternatives
  among customers contributing to market revenue.
• Rise in the production and consumption of meat
  and meat-based products is propelling market
  growth.
• The livestock industry is emphasizing on better
  and cost-effective productivity, adding value to
  the eubiotics market.
• Eubiotics Market - Key Restraints
• High costs associated with production of
  eubiotics is an existing challenge for market
  players.
• Lack of proper evaluation techniques in tandem
  with standardization issues to deter market
  progress.

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Eubiotics Market Analysis
Competition Landscape of Eubiotics
Market Players in eubiotics market are focusing
on improving sourcing processes and expanding
their product portfolio by collaborating with
domestic players. Key manufacturers in the
eubiotics market include Cargill, BASF SE, E.I.
Dupont De Nemours and Company, Koninklijke DSM
N.V., Chr. Hansen Holding A/S, Novozymes, Calpis
Co., Ltd., Lesaffre Group, Kemin Industries,
Inc., Lallemand, Inc., Addcon, Behn Meyer Group,
Novus International, Inc., Advanced Bio Nutrition
Corp, and Beneo Group.. Press Release Source
https//www.accesswire.com/580107/Eubiotics-Market
-Surpassed-US-6-Bn-in-2019-Ban-on-Usage-of-Antibio
tics-to-Boost-Market-Growth-Says-Future-Market-Ins
ights
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Eubiotics Market Analysis

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Eubiotics Market Analysis
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