Asia Pacific Eubiotics Market - Growth, Trends and Forecasts (2017 - 2022)
Eubiotics, the science of healthy living, covers a broad range products usually classified into: probiotics, prebiotics, essential oils, and organic acids. Probiotics are essentially the good living microorganisms that are inserted into the body while prebiotics are the chemicals that facilitate or nourish these probiotics once they are within the system. The Asia-Pacific region accounts for a substantial share of the global market for Eubiotics, valued at $XX Million in 2014 which is expected to grow at a CAGR of XX% during the forecast period to attain a value of $XX Million by 2020.
With the livestock diseases gaining momentum worldwide, farmers are now quite wary of their feed compositions; in the pursuit of producing the finest quality of meat as well as dairy. The feed nowadays uses several additives to provide required quality nutrition for the well being of livestock. Aside from traditional benefits in areas such as gastrointestinal disease, eubiotics target new areas like inflammatory problems, allergies and more. With the global interest in the field, the research is getting funded efficiently, to focus on enhancing the overall health of livestock as well as other animals.
The regions of Asia-Pacific account for the second largest share of the market behind Europe for eubiotics; with the increase in animal safety concerns, aggravated by the restriction on usage of antibiotics as growth promoters and a comprehensive rise in awareness over meat quality. Escalating demand for better animal feed quality with the enhanced living standards of the consumers are expected to drive the demand for eubiotics in the forecast period. However, novel firms can anticipate complications attributed to the stringent government regulations and high costs of settlement and production.
Major companies like CHR Hansen and BASF SE aim to capture this market through acquisitions and expansion through emerging markets of China, Japan and India in the coming years. Due to the novelty of the field, there is still enough room for innovation driven by the global concern over antibiotics and exciting products can be expected from companies in the forecast period. The strategies of these companies and their current stand have been discussed in detail in the report. The list of companies includes major players like Cargill Incorporated (U.S.), CHR Hansen (Denmark), Royal DSM (The Netherlands), BASF SE (Germany), and E.I Dupont (U.S.) among other smaller but salient firms like Beneo Group, Kemin Industries, Addcon and Yara International.
Market Definition for the specified topic along with identification of key drivers and restraints for the market
Analysis for the Asia-Pacific Eubiotics Market, with region specific assessments and competition analysis on a regional scale
Segment-level analysis in terms of application and end-user demand
Forecasts and estimations for the sub-segment level market
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a regional scale
Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the Eubiotics Market on a regional scale
Extensively researched competitive landscape section with profiles of key players along with their share of markets
A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments
Scope of the Study:
Comprehensive overview of the Eubiotics Market
Competitive intelligence regarding the major players in this industry and the strategies adopted by them
Insights about the major countries/regions in which this industry is blooming and also identifies the regions which are untapped
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