Eubiotics Market Expected to Reach $3.03 Billion by 2019
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Browse 88 market data tables and 23 figures spread through 205 pages and in-depth TOC on “Eubiotics Market - Global Trends & Forecasts to 2019”Early buyers will receive 10% customization on this report.
According to the report published by MarketsandMarkets, the eubiotic products market was valued at $2,198.9 million in 2013 and is estimated to grow at a healthy CAGR of 5.6% from 2014 to 2019. In 2013, Europe led the global market with the highest share followed by Asia-Pacific and North America in terms of market value.
Eubiotics are defined as natural digestive stimulants, which create a healthy microfloral balance in the gastrointestinal tract that is essential for animal production. The term refers to feed additives such as probiotics, prebiotics, essential oils, and organic acids. It can be a single component or a combination of two or more than two components. The gut microbiota is perceived as a key player in the health and well-being of livestock and therefore a composition with more of the potentially health-promoting dominant microorganisms (especially the saccharolytic genera/species e.g. bifidobacteria) than the potentially harmful ones (especially the proteolytic/putrefactive genera/species) would result in a situation known as a normobiotic or eubiotic condition.
Some of the major players in the global eubiotics market are Royal DSM (The Netherlands), BASF SE (Germany), Cargill Incorporated (U.S.), Yara International ASA (Norway), E.I. DuPont (U.S.), and others. These companies provide an extensive range of products, which offer specialized benefits to animals including swine, poultry, ruminant, and the aqua species.
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