Eubiotics are gaining importance in developed countries with an increasing number of countries are limiting the use of antibiotics. Eubiotics helps in improving the immune system and thus plays asignificant role in the immune system. Eubiotics are the natural digestive stimulants, which create healthy balance of microflora in the gastrointestinal tract. For the activation of the immune response against diseases the inclusion of dietary organic acids has a eubiotic effect on the proliferation of indigenous lactic acid bacteria. It refers to feed additives such as prebiotics, probiotics, and organic acids. Eubiotics are good for digestive health and act as a substitute to antibiotics in feed. The eubiotic market is not only growing in the Europe and U.S but also in the developing countries such as China, India, and Brazil. In association with the global demand for safe human food and the production of eco-friendly, animal and fishery feed products eubiotics foods supplements have received significant attention in human as well as in animal feed additives.
The eubiotic market is segmented on the basis of type, application, livestock, and geography. Based on type the eubiotic market can be elaborated as Probiotics, Prebiotics,and Organic Acids.
As per World Health Organization, probiotics are the live microorganisms when administered in suitable amount provide a health benefit on the host body by improving the immune system. Prebiotics are the prodrugfor probiotics. However, human body cannot digest the prebiotics but they help to stimulate the growth of beneficial bacteria such as Lactobacillus, Bifidobacterium, Streptococcus, and Bacillus Coagulans in the gut. Common prebiotics are inulin and carbohydrate fibers called oligosaccharides.Organic acids help in reducing the bacterial content and maintain the nutritional value of the feed to ensure good health. Italso helps in improving nutrient digestibility.
Based on application, the market can be sub divided into food and beverages, dietary supplements and animal feed. The livestock segment is divided into poultry and the aqua species.
Geographically the eubiotic market can be segmented as North America, Europe, Asia Pacific, Latin America, and Rest of the world. Europe market is the largest market for eubiotics in which Germany, France, and U.K are the leading countries. Ban on the usage of antibiotics, increased concerns pertaining to safety of human health are strengthens the market opportunities compared to other geographies.America also has a tremendous growth potential in the field of eubiotics and is the fastest-growing region. In addition growing concern on animal health, ban on the usage of antibiotics in animal feed are driving the growth for eubiotics in North America region. Asia-Pacific is another chief an upcoming market for eubiotics. Rapid economic growth, increased awareness, rise in the consumption of meat and dairy products are amplifying the market. This offers tremendous opportunity for eubiotic manufacturers to supply superior-quality of animal feed. However, lack of awareness and cost are act as a retrain for eubiotic market.
Some of the major players, such as the ADDCON, BASF SE, Behn Meyer, Cargill Incorporated, E.I. DuPont, Kemin Industries Inc. and Royal DSM.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.