The Eubiotics Market report published by Market Data Forecast provides a detailed analysis of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Eubiotics Market is estimated to be USD 4.84 billion in 2016 and predicted to rise to USD 6.97 billion by 2021 with a CAGR of 7.58%. The market is segmented by Type (Probiotics (Lactobacilli, Bifidobacteria and others), Prebiotics (Inulin, Fructo-Oligosaccharides, Galacto-Oligosaccharides and others), Organic acids and Essential Oils), by Livestock (Ruminant, Poultry, Swine, Aquaculture, Horses and others). Further the market is also segmented geographically into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
According to the current market trends, the Eubiotics market is expected to show a significant potential in the years to come. The major factors responsible for driving the market are ban on the Antibiotics, industrialization of livestock industry, increasing instances of livestock diseases and rising demand for naturally derived products.
The global Eubiotics market is segmented on the basis of type and livestock. On the basis of segmentation by type, the probiotics accounted for the largest market share as a result of their better efficiency over the other types of Eubiotics. Under segmentation by livestock the market was leaded by poultry because the huge demand for poultry products and their high nutrition value.
On the basis of geography, the market for Eubiotics was dominated by Europe followed by Asia-Pacific and North America. Asia Pacific is expected to show evident potential in coming years because of the huge investments from multinational manufacturers.
There are many agricultural based companies which manufacture Eubiotics. Some the companies leading the market share include Addcon, BASF SE, Royal DSM, CHR. Hansen A/S, Cargill Incorporated, Kemin Industries Inc., E. I. Du Pont De Nemours and Company, Behn Meyer Group, Novus International Inc., Beneo Group
Browse through the full report at “insert URL” and checkout our recent reports in the http://www.marketdataforecast.com/market-reports/global-eubiotics-market-1782/ category at Animal Feed “http://www.marketdataforecast.com/research-reports/agriculture/animal-feed-7/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.