Title: Eubiotics Market Is Expected to Expand Significant CAGR During Forecast
1Eubiotics Market Global Industry Analysis and
Opportunity Assessment
2According to market analysis, some major findings
of the global eubiotics market report include
- Global Eubiotics Market is expected to exceed USD
6.8 billion by 2026. - Steady growth in meat consumption along with
preference towards high quality processed meat. - Emergence of livestock diseases has shifted the
focus towards improving the immune system - COVID-19 outbreak is anticipated to have a
considerable impact on the global eubiotics
market in 2020. However, the market is expected
to recover post 2020 supported by growing
consumer spending on processed foods. - Shifting preference towards high quality feed
solutions accompanied by ban on antibiotics for
animals is generating new growth opportunities
for eubiotics manufacturers. - Some of the eubiotics manufacturers are as
Alltech, Friesland Campina, Novozymes, BASF SE,
DuPont, Cargill, DSM, and Chr. Hansen Holding
A/S. - Market statistics for eubiotics were highest from
organic acids in terms of volume and the sector
is further anticipated to witness significant
gains.
3High effectiveness of eubiotics supplementation
in improving the feed conversion ratio, enhancing
digestive efficacy, and increasing body weight of
animals will drive market growth. Eubiotics
eradicate the chances of inducing pathogens in
the body, thereby reducing the disease
prevalence. Eubiotics are widely accepted as
supplementation for poultry, swine, cattle, and
aquaculture. Availability of large variety of
eubiotics products such as probiotics, organic
acids, prebiotics, enzymes, and essential oils
focusing on specific requirements is likely to
augment the industry size. For instance, enzymes
enhance the digestibility of enhance digestible
levels of energy, protein, and phosphorus,
thereby improving the feed efficiency and
reducing the overall cost. Moreover, eubiotics
enhance the lactose tolerance in animals thus
supporting the growth of animals in terms of
health and size. Strong outlook for the
processed meat industry supported by rise in
consumer disposable incomes and rapid
urbanization is driving the eubiotics market
growth. Considerable investments from government
and private players in agribusiness with focus
towards improving the food quality will augment
the use of eubiotics over the projected
timeframe. The U.S., China, and India are the
largest meat producing countries in the world,
together accounting for over 40 of the global
production in 2019.
4Global Eubiotics Market Size, By Product
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