DUBLIN--(BUSINESS WIRE)--The "Global Eubiotics Market - By Type, Livestock, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The Global Eubiotics Market was valued at USD 4.21 Billion in 2016, and is estimated to reach USD 7.76 Billion by 2022, at a CAGR of 7.94% for the forecasted period. The market was dominated by Europe (by region) and poultry (by livestock) in 2016.
Europe, followed by Asia, has the largest market for eubiotics due to increased concern about safety of animals from various diseases. North America is expected to show high growth rate in the eubiotics market in coming years due to increasing demand for meat and dairy products, ban on the usage of antibiotics for growth boosters and concern about development of efficient, high quality and safer feed additives in the region.
Product innovations, increasing research and development activities, nutritional benefits, government initiatives, ban on the usage of antibiotics as growth promoters, rise in the meat consumption, increasing production of meat and increasing disposable income are driving the market for eubiotics. In addition to it, rise in awareness about meat quality and dairy product, rise in demand for better animal feed ,increasing living standards and growing concern for animal safety from diseases are expected to drive the market for eubiotics. However, high production cost and strict government regulations are some of the factors restraining the growth for global eubiotics market.
Companies Mentioned
- CHR. Hansen A/S
- Royal DSM
- E. I. Du Pont De Nemours and Company
- Cargill Incorporated
- Kemin Industries Inc.
- BASF SE
- Behn Meyer Group
- Beneo Group
- Novus International, Inc.
- Addcon
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Eubiotics Market Segmentation, Forecasts and Trends - By Revenue
6. By Type
7. By Livestock
8. By Region
9. Company Profiles
10. Industry Structure
11. Global Eubiotics market - Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/5cfb5m/global_eubiotics
