Europe Eubiotics Market - Growth, Trends and Forecasts (2017 - 2022)
Europe accounts for a considerable chunk 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, farmers are now quite wary of their feed compositions, and aim to produce the finest quality of meat as well as dairy. Europe has had its share of the dreadful diseases in the past decade with the outbreak of the Bluetongue disease in year 2009 and suspected resurgence of the disease over the years. Apart from the Bluetongue virus, other food-and-mouth diseases have induced innovation in the feed compositions. The feed nowadays uses several additives to provide required quality nutrition for the well being of livestock.
Europe is the largest market for eubiotics, with the increasing concerns about animal safety and prevention of diseases, having led to a restriction on usage of antibiotics as growth promoters and an overall rise in awareness over quality of meat and increased production of swine in this region. 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 might have to address complications attributed to the stringent government regulations and high costs of production.
Major companies like CHR Hansen and BASF SE aim to capture this market through acquisitions and expansion in lesser developed regions of Europe such as Czech Republic, Poland and France in the coming years. Due to the novelty of the field, there is still enough room for innovation driven by the ban of antibiotics in the region and exciting products can be expected from companies in the forecast period. The strategies of these companies and their current stand has been discussed in detail in the full 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 Europe 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