Title: Eubiotics Market size was above USD 4.5 billion in 2016 and industry expects consumption of over 2.2 million tons by 2024
1Eubiotics Market size from poultry applications
is anticipated to exceed over USD 3.5 billion
within the forecasted timeframe.
Fuel Cell Market size worth 25.5bn by 2024
2 Key Insights from Eubiotics Market
- Positive indicators in livestock production owing
to increase in meat consumption mainly in India,
China, Japan and Malaysia should favor eubiotics
market growth. China meat consumption is more
than 60 kilo per person per year in 2016. - Shifting preferences towards better diets and
protein intake should fuel product demand. - Growing concerns regarding livestock diseases
including bird influenza and swine flu, foot
mouth disease and pathogenic infections which has
led to mortality, lower fertility, reduced
productivity and yield. - In 2016, Foot Mouth Disease cause around 1 to
5 mortality rate in adult livestock and around
5 to 94 in lambs. This factor may drive
livestock farmers attention towards animal
nutrition to combat pathogenic infection thereby
promoting product demand. Eubiotics facilitates
growth of beneficial microflora in the animals
which helps in suppressing harmful bacteria and
stimulating immune response.
3Continued...
- Strict amendment by FDA and EU Commission on ban
of AGPs owing to bioaccumulation in animals, may
develop resistance to medical antibiotics. - Prebiotic and probiotics may potentially replace
AGPs maintaining gut flora to enhance immunity
and develop pathogen resistance, which may
enhance eubiotics demand. Increasing RD
expenditure to examine role of organic acids and
essential oil as alternative growth promoters
should boost product demand. - Lack of systematic evaluation examine actual
effects on animal health accompanied with
standardization issues in maintaining
microorganism strains and essential oil blends
may cause additional cost thereby challenging
industry profitability and affect the market
price trend.
4U.S. Eubiotics Market Size, By Product, 2016
2024 (USD Million)
5 Browse Full Market Research Report On Eubiotics
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