Market Trends of Asia Pacific Eubiotics Industry
This section covers the major market trends shaping the APAC Eubiotics Market according to our research experts:
Yeast Derived Probiotic Supplemets to Drive the Eubiotics Market Growth
Yeast Probiotic fraction supplements have become a key focus area in improving gut functions at various levels such as intestinal microbiota stabilization, gut integrity improvement, and natural defense modulation. The ongoing field trials also highlighted the positive impact of yeast probiotics on the lactation phase of cattle, and swine alongside evidence of reduced treatment costs in livestock farming. As of March 2020, a field trial was conducted in concern with Bovine Respiratory Disease(BRD). A ban on antibiotics has promoted the alternative methods of research to treat this BRD. At a dosage rate of 5 grams per head per day, a cattle feedlot of 120 in total was treated with Actisaf Sc 47 and Safmannan, a yeast probiotic solution developed by Phileo Lesaffre Animal Care. The trial results signified the improved performance in terms of body weight by 1.5% and recovery from the morbidity and significantly reduced the treatment cost by 53.4%. Another field trial made by Lallemand as of February 2020, mentioned the improved performance of hyper prolific sows when treated with probiotic yeast, S. c. boulardii. Thus, innovating such novel solutions to enhance the cattle performance can be treated as a potential opportunity to find sustainable alternatives for antibiotics to improve animal performance in the years to come.
China to Dominate the Eubiotics Market
China is one of the major players in the global feed probiotics industry, contributing around 50.80% revenue share in the Asia-Pacific probiotics market. The production of Eubiotics, especially probiotics for the aquaculture industry is a thriving sector in China. Lactobacillus is the most common variant of probiotic bacteria used in the aquafeed industry in China. Owing to the African Swine Fever (ASF) outbreaks in China, the pig herds reduced significantly in 2018. Slow herd replenishment, especially in the swine fever affected regions, is contributing to the near time shortfall and resulting in a decrease in swine feed in China. The aforementioned trends vividly claim that the probiotics industry in China to be profoundly characterized by strong R&D investments focusing on product and regional expansion. Moreover, the increasing regulations, for instance, strict norms by the EU Commission and Food and Drug Administration(FDA), pertaining to the use of antibiotics in the feed industry is likely to further boost the feed Eubiotics market, over the forecast period in China.