Eubiotics Market: Overview
Through feed mills, pre-mixers, or particular distributors, eubiotics are produced and disseminated. Eubiotics are produced by businesses that either offer their goods directly to consumers or to integrated feed producers. In any case, the animal farmers receive the eubiotic products. Eubiotics are produced using techniques like fermentation and chemical synthesis to create organic acids, for example. For the most part, chemical synthesis is preferred for uses in animal feed, such as silage and feed additives.
The availability of raw materials, agroclimatic conditions, regional jurisdictions, etc. have a significant impact on eubiotics pricing. Due to the existence of buyers who are price sensitive, producers compete based on competitive pricing. To achieve a competitive edge in the market, businesses are concentrating on process innovation and low-cost raw material sourcing. Additionally, it is anticipated that prices will rise somewhat throughout the forecast period due to the rapid expansion of end-use industries like feed and pharmaceuticals as well as rising eubiotic production, which is prone to close the supply-demand imbalance.
Prebiotics and probiotics are examples of eubiotic products that play a significant role in the nutraceuticals industry’s value chain. The market is well-positioned for emerging nations like India and China because of advances in technology, the availability of low-cost labour, and upscale production of raw materials. Therefore, major firms in developing economies are setting up an efficient manufacturing process and a solid supply chain to produce goods cheaply and provide them at prices that are comparably lower.
The main drivers of the market’s expansion are the rising levels of demand for improved nutrition and proteins for animals and the explosive growth of the livestock population. Other significant elements that affect market growth include changing lifestyles, expanding knowledge of the existence of such substances as alternatives to antibiotic growth promoters, and increased attention on maintaining cattle health. The market value will continue to increase due to rising costs associated with conducting research and development projects as well as an increase in the usage of animal feed.
The market’s expansion will be significantly hampered by the strict regulatory requirements for product approvals. The market growth rate will be hampered by the high production costs of these compounds.
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Trends:
Over the past ten years, the livestock industry saw substantial upheaval. Commercial cattle farming and the value chains that surround it met the soaring demand. Animal husbandry has evolved into a highly diverse industry in several regions, including China, Japan, and India, emphasising the scientific management of farm animals, increasing production, and reducing costs. The adoption of industrialised meat production is expanding six times more quickly than that of conventional meat production, according to the World Bank. The trend of landless meat production facilities is catching up with the rise in mass meat production.
Large-scale meat production can result in high water use, contaminated water, and contaminated soil. According to estimates, 60–90% of the nitrogen and phosphorus that animals eat end up in the environment as animal excrement. One of the most crucial tasks carried out by eubiotics is improving the digestibility of the feed, which aids in absorbing these nutrients into animal tissues and decreasing animal waste. The use of eubiotics is expected to rise as a result of the rising industrialisation of livestock rearing because they help enhance the body mass of meat animals and tangibly lessen the environmental impact of livestock breeding.
Global Eubiotics Market: Major Players
- Cargill
- Behn Meyer Group
- Addcon
- Hansen Holding A/S
- Calpis Co., Ltd.
- Advanced Bio Nutrition Corp
- Kemin Industries, Inc.
- I. Dupont De Nemours and Company
- Novozymes
- Lesaffre Group
- Koninklijke DSM N.V.
- Lallemand, Inc.
- BASF SE
- Novus International, Inc.
- Beneo Group
Segmentation:
Global Eubiotics Market: Types
- Probiotics
- Prebiotics
- Organic acids
- Essential oils
Global Eubiotics Market: Applications
- Poultry
- Swine
- Ruminants
- Aquatic animals
- Others
Global Eubiotics Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Eubiotics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions:
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