Global Eubiotics Market to accumulate over US $8.60 billion by 2026

June 10, 2019


Worldwide Eubiotics Market is slated to accrue over US $8.60 billion by the year 2026, according to the latest research available at Market Study Report LLC, report provides extensively data on market share, growth, trends and forecasts for the period 2017-2026.
 

The stringent regulations pertaining to the use of antibiotic growth promoters, and the rising consumer pressure on food safety & consumer preferences are considered as some of the significant factors fueling the demand for the products that work as alternatives to in-feed eubiotics.
 

According to the report, eubiotics or certain organic acids like benzoic acid, essential oil compounds, nucleotides, probiotics, etc., which are used as either single products or two or more eubiotics can be combined in order to attain higher response. Prebiotics are specific microorganisms which positively influence the host by improving the pathogenic balance of beneficial bacteria in the gut.
 

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These are non-digestible oligosaccharides acting as substrates for probiotics, and compete with pathogens which help regulate gut cell adhesion. The directly acting gut flora modulators are compounds that directly modulate microflora through growth inhibition. The growing focus on animal feed for increasing the productivity of farm animals, has augmented the demand for eubiotics.
 

The eubiotics such as organic acids are extensively used in the weaning piglets at the time of changeover from suckling milk to consumption of solid feed, for helping in acidifying the feed, preventing bacterial growth, and improving the digestion of feed ingredients. Furthermore, the food industry utilizes benzoic acid as preservatives. Hence, the benefits of these products are the leading drivers for market growth, cites the report.
 

In terms of functionality, the global eubiotics market is bifurcated into yield, immunity, productivity, and nutrition & gut health. On the basis of the application spectrum, the global market is fragmented into cattle, poultry, swine, and agriculture.
 

Various research projects on the effects of eubiotics on the performance of animals have been started at the Pig Research Centre of the DAFC (Danish Agriculture & Food Council). One of these projects concluded that supplementation of 0.5 percent benzoic acid produced the same effect as 1 percent benzoic acid. The report cites that the antimicrobial properties of the active ingredients of essential oils are very important. Piperin aids the production of digestive enzymes. Such characteristics of these products have enhanced adoption by feed processors.
 

As per the geographical analysis, the European region accounted for the largest market share in the global eubiotics market in the year 2017. Europe was the first region that enforced a ban on the use of antibiotics as growth promoters, on account of the rising concerns regarding animal safety and nutrition, which eventually leads to processed meat components for humans. This ban reportedly created notable opportunities for eubiotics, which are the direct substitutes.
 

The global eubiotics market is endowed with a ferociously competitive market situation, including distinguished players like BASF SE, Addcon, Koninklijke DSM N.V., Kemin Industries Inc., Lallemand Inc., Cargil, Beneo Group, Novus International Inc., Novozymes, and Chr. Hansen Holding A/S.
 

The report provides a meticulous analysis of the competitive spectrum, offering a concise summary of the market partakers with respect to their strong points, business tactics, and market performances. The company profiles of these players are documented in the study alongside their business overview, product benchmarking, financials, and recent developments.