Press release
Eubiotics Market to reach a value of US$ 5.47 Bn in 2031, with 7.4% CAGR
As per Future Market Insights (FMI) analysis, the global consumption of eubiotics increased by year-on-year (YoY) rate of 6.7% in 2021 to total sales of US$ 2.68 Bn in the year. The overall demand for eubiotics represents 16.4% of the global animal feed market in 2021 and is poised to increase at 7.4% CAGR to reach a value of US$ 5.47 Bn in 2031.
The eubiotics market is emerging as antibiotic alternatives or animal antimicrobials by-product in the animal feed industry intended to boost livestock immunity and gut health while acting as livestock nutrition. Considering this, the increasing demand for animal feed additives and animal specialty drugs will result in high demand for eubiotics market.
To Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11087
The demand for eubiotics is growing as animal farming industries aim for improved effeciency, which includes an increase in livestock yield. Antibiotics, for the longest time, have remained crucial for improving animal productivity. Antibiotics are still in use in many countries as a sub-therapeutic substance for animal growth. But banning of antibiotics is encouraging manufacturers to go for alternative solutions, controlling the rise of AMR (anti-microbial resistance) products at the global level.
According to research, almost 70% of the antibiotics used worldwide, are considered medically important for the livestock sector, but the application varies for each country and species of the farmed animal. Usage of antibiotics is considerably high in swine, on average, which is followed by poultry and ruminants. Though some of the manufacturers are no longer using AGPs (antibiotic growth promotors), instead of going for sustainable alternatives like eubiotics.
“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.
For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11087
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.
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.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/11087
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.
Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About 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 Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
The eubiotics market is emerging as antibiotic alternatives or animal antimicrobials by-product in the animal feed industry intended to boost livestock immunity and gut health while acting as livestock nutrition. Considering this, the increasing demand for animal feed additives and animal specialty drugs will result in high demand for eubiotics market.
To Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11087
The demand for eubiotics is growing as animal farming industries aim for improved effeciency, which includes an increase in livestock yield. Antibiotics, for the longest time, have remained crucial for improving animal productivity. Antibiotics are still in use in many countries as a sub-therapeutic substance for animal growth. But banning of antibiotics is encouraging manufacturers to go for alternative solutions, controlling the rise of AMR (anti-microbial resistance) products at the global level.
According to research, almost 70% of the antibiotics used worldwide, are considered medically important for the livestock sector, but the application varies for each country and species of the farmed animal. Usage of antibiotics is considerably high in swine, on average, which is followed by poultry and ruminants. Though some of the manufacturers are no longer using AGPs (antibiotic growth promotors), instead of going for sustainable alternatives like eubiotics.
“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.
For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11087
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.
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.
Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/11087
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.
Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About 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 Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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