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Eubiotics Market Growth Challenges, Industry Development and Forecast Report by 2024

Author : Rahul Sankrityayan | Published Date : 2019-09-27 

Global Market Insights, Inc. provides a detailed overview of Eubiotics Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Growing consumer consciousness towards high protein intake food which include meat products will drive eubiotics market. Intake of these products aid in improving the immune system and play a crucial role in creating a healthy balance of microflora in the gastrointestinal tract. Favorable regulatory norms led by FDA and EU Commission regarding GRAS approval and EU registration for these products may favor the industry growth.

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Prebiotics market from fructo-oligosaccharide may register significant gains at over 10% by 2024. FOS are non-digestible fibers which supports the growth of probiotic bacteria in the GI tract and are widely used in dairy products, thereby stimulating industry growth.

Dry form eubiotics was valued at over 1.5 billion in 2017 owing to its longer shelf life and improved culture stability. These products are used in animal feed owing to its low storage and transportation cost should fuel the industry growth.

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Eubiotics market from gut health application may register significant gains at over 7.5% by the end of forecast period. Gut infections may lead to low efficiency, low yield along with additional cost in treatments and trade losses which has resulted in necessity for these product to maintain gut integrity and functionality.

Eubiotics market demand from poultry applications was valued at over 900 million in 2017. Increasing usage of prebiotics in poultry feeds to improve broilers productivity may fuel product demand. Increasing investments in animal nutrition and health owing to rising consumption of food animals reinforced by stringent regulation regarding AGP's should favor industry growth.

North America led by the U.S., Canada and Mexico eubiotics market may witness gains at over 6.5% by the end of forecast timeframe. Shift in preference towards antibiotics substitutes and increasing meat consumption in the U.S. is likely to drive the industry growth. Moreover, increasing demand for healthy and safe cultivation of meat from poultry to produce good quality of meat may drive regional eubiotics market.

Global eubiotics market share moderately consolidated and competitive with major players such as DSM, BASF, Beneo, Novozymes, Cargill, Lesaffre, Kemin Industries, and Lallemand. Companies are forming strategies to expand regional presence and enhance product offerings.

Browse Related Reports:

Enzymes Market

https://www.marketwatch.com/press-release/enzymes-market-trends-2019-growth-forecast-and-industry-analysis-by-2024-2019-09-27

Protein Ingredient Market

https://www.marketwatch.com/press-release/protein-ingredient-market-2019-analysis-regional-outlook-and-industry-trends-2019-09-27

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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