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Eubiotics Market by Type, Livestock , & by Geography.
The global eubiotics market is likely to witness a CAGR of 5.6% from 2014 to 2019. Europe represents the largest market, followed by Asia-Pacific. North America is an emerging and fastest-growing market at the highest CAGR.
The eubiotics market includes few dominant global players and several small regional players. Some of the key players include BASF SE (Germany), Cargill Incorporated (U.S.), Royal DSM (The Netherlands), and E.I Dupont (U.S.). The top four players that include the above accounted for around 52% of the market in 2013 by market value.
Royal DSM is the market leader in the probiotics and essential oils segment market with extensive range of products and a strong global presence. The company has further enhanced the growth of its animal nutrition and health product segment through two important acquisitions in strategic locations. These strategic moves are likely to help the company in increasing its presence, enhancing its client support services and entering into high-growth and emerging markets.
BASF SE is a leader in organic acids segment for animal feed and nutrition. The company through its customer- and market-orientated approach has planned its strategic focus for future activities. Through these plans, BASF plans to expand its animal health and nutrition segment and gain a strong foothold in the eubiotics market.
Cargill’s strong brand image worldwide and wide product portfolio range including essential oils and mixture of organic acids allows the company in catering to the specialized needs of customers in extensive geographical locations. The company’s significant level of investment in research and development activities is enhancing its innovation process while providing expanded support to its clients worldwide.
Eubiotics Market by Type (Probiotics, Prebiotics, Organic Acids, Essential Oils), Livestock (Pork/Swine, Poultry, Ruminant, Aquaculture, Others) & by Geography (North America, Europe, Asia-Pacific, Rest of the World) – Global Trends & Forecasts to 2019
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