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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.
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Eubiotics Market April 2020 Report Id : REP-GB-11087 Published On : Feb 21,2020 Category : Food and Beverages www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
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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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
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. Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-11087 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
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-Antibiotics-to-Boost-Market- Growth-Says-Future-Market-Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
Eubiotics Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. More from FMI’s Food and Beverages Market Intelligence: • Ready to Drink Shake Market • Corn Wet Milling Market • Dairy Blends Market Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved
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