Eubiotics Market Size Is Expected to Grow at a CAGR of 5.6% from 2017 to 2026 | Industry Players: BASF SE, Cargil, Koninklijke DSM N.V., Novozymes and others.
The global eubiotics market is expected to reach more than USD 8.60 billion by 2026 with a CAGR of 5.6% during the forecast period as per a new study released by Polaris Market Research. The report “Eubiotics Market [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]: Market size & Forecast, 2017 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends.
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Now-a-days there are many stringent regulations on the usage of antibiotic growth promoters. There has also been a pressure from consumer towards food safety, these two are the main drivers to drive the growth of eubiotics.
The specific organic acid such as essential oil compounds, benzoic acid, probiotics and nucleotides can be used as a single product or can be combined with two or more eubiotics to achieve quality result. Prebiotics can be defined as a specific kind of micro-organism that helps to improve the balance of pathogenic to beneficial bacteria. Prebiotics comes under non-digestible oligosaccharides that serves subtract for probiotics and helps to compete with pathogens which helps to regulate` the gut cell adhesion.
Eubiotics are used for weaning piglets at the time of transition from suckling milk to feeding solid feed. This also helps in preventing bacteria growth and helps to improve digestion of feed ingredients. It is also used in the form of benzoic acid as preservatives. The usage in the food industry has also fueled the growth of eubiotics market.
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There are many projects undertaken at the Pig Research Centre of the Danish Agriculture and Food Council on eubiotics. There are numerous tests taken to find the performance of eubiotics on animals. One project was undertaken where it was found that supplementation of 0.5% of benzoic acid is similar to the effect of the usage of1% benzoic acid. Piperin, an essential oil compound helps to stimulate the production of digestive enzymes. The above characteristics have led to the increase in the demand for eubiotics.
Key Findings from the study suggest that the largest share of the eubiotics market in 2017 was of the Europe region. Europe was the first region to put a ban on use of antibiotics as growth promoters. Increasing concerns of animal safety and nutrition that eventually lead to components of processed meat for humans are the major concerns for the region’s ban on antibiotics. This ban created remarkable opportunities for the eubiotics which are the direct substitutes.
The top key players in Eubiuotics market are Cargill, BASF SE,DSM N.V., Koninklijke, Kemin Industries, Novozymes, Addcon, Novus International Inc, Lallemand Inc, Chr. Hansen Holding A/S
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Polaris Market Research has segmented the global eubiotics market on the basis of ingredient type, functionality, application, and region:
Eubiotics Ingredient Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
- Prebiotics
- Probiotics
- Organic Acids
- Essential Oils
Eubiotics Functionality Outlook (Market Revenue in USD Billion, 2015 – 2026)
- Yield
- Productivity
- Immunity
- Nutrition and Gut Health
Eubiotics Application Outlook (Market Revenue in USD Billion, 2015 – 2026)
- Poultry
- Cattle
- Aquaculture
- Swine
Eubiotics Regional Outlook (Market Revenue in USD Billion, 2015 – 2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Australia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
Leading Key Players of Eubiotics Market
- BASF SE
- Cargil
- Koninklijke DSM N.V.
- Novozymes
- Kemin Industries, Inc.
- Addcon
- Novus International, Inc.
- Lallemand, Inc.
- Beneo Group
- Hansen Holding A/S
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
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