Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite the Presence of about ~150 competitors comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Eubiotics Market by Ken Research.
Eubiotics are feed additives that help with animal growth and health maintenance by preserving the digestive health of animals. Animal Eubiotics aid in the correct nutrition absorption necessary for the animal body to operate normally. It is necessary for the development of well-nourished animals. Eubiotics are feed additives that take the place of antibiotics and are healthier for an animal’s general digestive health.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
1. Global Players Who Comprise 15% in Terms of the Number of Competitors Hold the Dominant Revenue Share
Competitive Analysis by the Ken Research Study found that the Global Eubiotics Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the Eubiotics. The country-niche players comprise just about ~50% in terms of the number of companies, followed by regional players accounting for ~35% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create Eubiotics products often get acquired by large global players seeking to grow and diversify quickly.
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2. Leading Specialist Global Players’ Ongoing Efforts To Provide Eubiotics To a Variety of Industries Drive the Growth of the Market
Detailed comparative analysis of key competitors available within the Research Study shows that specialist companies, such as DSM, Novus International, Inc., Lallemand, Inc., Behn Meyer, Lesaffre Group, Kemin Industries, Inc., Novozymes, Chr. Hansen Holding A/S, BASF SE, and others. are the major companies operating in the global Eubiotics market.
- In June 2019, the launch of “Balancius,” which was created in cooperation with Novozymes, was announced by DSM.
- In March 2017, Boehringer Ingelheim and Novozymes announced a deal and a strategic partnership in probiotics for chicken hatcheries.
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3. Government And Manufacturing Initiatives to Aid in the Expansion of the Global Market for Eubiotics Market
- In July 2017, The Food and Drug Administration (FDA) of the United States outlawed the use of antibiotics and halted any further research and development initiatives by international and regional market players. The usage of Eubiotics has increased across the areas.
- In March 2017, Boehringer Ingelheim GmbH and Novozymes A/S worked together openly. The goal of this agreement is to help the company establish its line of probiotics for animal feed.
Key Topics Covered in the Report
- Snapshot of the Global Eubiotics Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Eubiotics Market
- Historic Growth of the Overall Global Eubiotics Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Eubiotics Industry
- Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
- COVID-19 Impact on the Overall Global Eubiotics Market
- Future Market Forecast and Growth Rates of the Total Global Eubiotics Market and by Segments
- Market Size of Function Segments with Historical CAGR and Future Forecasts
- Analysis of Global Eubiotics in Major Regions
- Major Type/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region
Major Players Mentioned in the Report
- DSM
- Novus International, Inc.
- Lallemand, Inc.
- Behn Meyer
- Lesaffre Group
- Kemin Industries, Inc.
- Novozymes
- Hansen Holding A/S
- BASF SE
- Cargill, Incorporated
Notable Emerging Companies Mentioned in the Report
- Bluestar Adisseo Co
- Biomin
- Roquette Frères
- Associated British Foods plc
- Evonik Industries AG
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
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- Eubiotics Manufacturers
- Eubiotics Association
- Research & Development Institutes for Eubiotics
- Eubiotics Materials and Ingredients Suppliers
- Eubiotics Distributors
- Probiotics Manufacturers
- Investment Banks Targeting Eubiotics Market
- Food Research and Development Institutes
- Market Research & Consulting Firms
- Banking and Financial Service Providers
- Government & Regulatory Authorities
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- Investors in Food Start-ups
- Start-ups & Incumbents in Food Sector
- Certification & Inspection Companies
- F&B Marketing Agencies
- Dietary Supplement manufacturers
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