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(MoneyNewsWire.Net, October 25, 2017 ) The Latin America Eubiotics Market was worth USD 0.53 billion in 2016 and estimated to be growing at a CAGR of 7.63%, to reach USD 0.77 billion by 2021. The market is expected to showcase significant potential in the given forecasting period. Eubiotics play an important role in providing health and medicinal benefits to livestock, such as preclusion and immunity against other diseases common in animals. Apart from these they also carry nutrition value with them. The commercialization of farming and increase in capability of producing Eubiotics has led the agriculture based industries to take interest in the market lately.
Eubiotics are usually used as additives in feed for animals. They help in keeping away various diseases in animals and keeping them healthy hence increasing their productivity. It helps in creating an appropriate balance of the micro flora in our gastrointestinal tract so as to maintaining a hygienic living.
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The ban on antibiotics has led to an open window for Eubiotics to break into the agricultural industry and replace them. It had been the major reason for the recent growth in the Latin America Eubiotics Market size. Other important factors responsible for driving the market include rising demand for naturally derived products, industrialization of livestock industry and increasing instances of livestock disease. These factors have helped in growth of the Latin America Eubiotics Market lately, though some of the factors have resulted in being hurdles to the market as well. Some of them include regulatory frame work, competition for raw materials from other industries and low awareness of product efficiency.
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The Latin America Eubiotics Market is segmented on the basis of type and livestock. Based on type the market is segmented into probiotics, prebiotics, organic acids and essential oils. Probiotics is further fragmented in lactobacilli, bifidobacteria and others. Prebiotics are segmented in inulin, fructo-oligosaccharides, galacto-oligosaccharides and others. Probiotics lead the market share under type segmentation because of its efficiency over other types. Based on livestock the segmentation is done into ruminant, poultry, swine, aquaculture, horses and others. The market for poultry is expected to have the highest CAGR among all the sub segments of livestock, as Eubiotics help in increasing the growth rate of poultry and maintain their high nutrition value. On the basis of geographical analysis, the Latin America Eubiotics Market is segmented into various regions namely Brazil, Argentina, Mexico and Rest of Latin America.
Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
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Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Some of the major leaders dominating the Latin America Eubiotics Market include Addcon, BASF SE, Royal DSM, CHR. Hansen A/S, Cargill Incorporated, Kemin Industries Inc., E. I. Du Pont De Nemours and Company, Behn Meyer Group, Novus International Inc., Beneo Group
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