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Showing posts from May, 2022

Eubiotics Market Is Anticipated To Expand At A CAGR Of 8.7% From 2022 To 2030

  Eubiotics Industry Overview   The global eubiotics market size was valued at USD 4.6 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 8.7% from 2022 to 2030. The demand for the product is anticipated to be driven by favorable regulatory scenarios banning the usage of antibiotics and growing meat consumption across the globe. The market experiences high competition with well-established and long-term operating players enjoying major market share. Companies are heavily investing in R&D activities to develop sustainable technologies for manufacturing cost-effective and affordable products. The lack of an adequate number of players in several countries specifically in the Middle East opens ample opportunities for new players to enter and gain a strong foothold in the market.   Gather more insights about the market drivers, restrains and growth of the   Global Eubiotics Market   Eubiotics are manufactured and are distributed either through feed m

Lactoferrin Market Is Expected To Grow As Of Rising Awareness Amongst Consumers Regarding Health And Diet

  Lactoferrin Industry Overview The global lactoferrin market size was valued at USD 219.2 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2021 to 2028. The rising awareness amongst consumers regarding health and diet, along with the rising prevalence of skin-related health conditions, is expected to boost the demand. Lactoferrin is believed to have antiviral, antibacterial, antiparasitic, catalytic, and anti-allergic functions and properties, which is anticipated to drive the product demand from the pharmaceutical and personal care industries. According to the American Academy of Dermatology, acne is the most prevalent skin condition in the U.S., affecting over 40 to 50 million people in the country every year. The acne treatment market is also subsequently expected to witness strong growth during the forecast period. Various clinical trials have proven the ability of lactoferrin to effectively treat acne and other such skin conditions. D