Eubiotics Market will expand at 8.8% CAGR to surpass $4 bn by 2024: Global Market Insights, Inc.

The Europe eubiotics market demand may witness gains at over 6.5% by the end of 2024 as rising consumer demand for safe and healthy meat, egg and milk products will propel the industry growth.

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Sellbyville, Delaware, Dec. 13, 2018 (GLOBE NEWSWIRE) --

Germany eubiotics market demand should expect gains at above 6.5% by the end of 2024. Rising importance of livestock health and antibiotics ban in the EU may positively favor industry growth. Further, these products help in reducing mortality rates by providing effective feed conversion, enhancing immunity and reducing risks of pathogens and virus which may boost the market growth.

Global Eubiotics Market will exceed USD 4 billion by 2024; according to a new research report by Global Market Insights, Inc. Emerging livestock diseases caused by viruses, bacteria, toxins and parasites such as salmonella and listeria may lead to mortality rates, inefficient feed conversion, improper growth and lower immunity majorly among cattle, broilers, swine and aquaculture species. Increasing consumer preferences towards healthy meat and milk products along with strict regulations regarding antibiotics ban in Europe may stimulate the market growth.

Growing demand from aquaculture applications pertaining to increasing consumer demand for fish and seafood products. Additionally, extensive aquaculture farming along with demand for green and organic aquaculture has led to increase in the usage of essential oils thereby boosting the market growth. These products maintain gastrointestinal flora, enhance growth performance and improve feed efficiency in aquaculture animals.

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Probiotics based eubiotics industry demand may expect consumption at over 80 kilo tons up to 2024. Strains such as lactobacillus, bacillus, bifidobacterium and streptococcus are widely used in animal feeds promoting health, increases productivity and improves feed efficiency. These products prevent animals from intestinal infections and stimulate immunity in farm animals. Probiotics used in poultry production increases hen-gay egg production and promotes effective weight gain. 

Rising disease outbreaks has initiated manufacturers to adopt various antibiotics for enhancing overall health thereby improving yield and gut health. Increasing government initiatives towards R&D activities may further stimulate market growth. Increasing demand for processed meat products pertaining to fast growing retail industry and technological advancements in meat processing equipment may positively influence the market growth.

Browse key industry insights spread across 360 pages with 490 market data tables & 47 figures & charts from the report, “Eubiotics Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/eubiotics-market

U.S. eubiotics market size may exceed USD 480 million by the end of predicted timeframe. Consumer preferences towards protein rich diets as compared to carbohydrates pertaining to maximum levels of obesity and overweight population in the country. Consumption of high quality of milk, dairy and meat products on account of high economic conditions, hectic lifestyle schedules, rising innovation in the meat processing industries and easy affordability may stimulate the market demand.

China organic acid market demand may witness gains at over 8.5% by the end of predicted timeline. These products reduce bacterial contamination and acts as antimicrobial agent thereby preventing mould growth in animal feedstuffs. Lactic acid is used for lowering pH in the stomach thereby improving protein digestibility and minimizes the rate of gastric emptying. Rising middle class population has increased the demand for meat and dairy products thereby boosting the market growth.

DSM, Cargill, BASF, Kemin, Neospark Lallemand, Friesland Campina and ROQUETTE Freres are the major manufacturers of eubiotic products in the market. All these industry participants are highly focusing on strategic partnerships and product launches to enhance their footprint in the market and maximize global reach.

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Browse Related Reports:

  • Probiotics Market Size Forecast 2018 – 2024

Global Probiotic Ingredients Market exceeded USD 1.8 billion in 2017 with significant gains at over 7% over the forecast timeframe as increasing functional food demand with rise in nutritional health benefits will boost the industry demand.
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  • Prebiotics Market Size Outlook 2017 – 2024

Global Prebiotics Market crossed USD 3.5 billion in 2016 and consumption may exceed 1.4 million tons by 2024 with increasing application scope in functional food and dietary supplements industry.
https://www.gminsights.com/industry-analysis/prebiotics-market

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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