The Global Direct Fed Microbial Market was valued at $980 million in 2018 and is expected to reach $1,772million by 2027, registering a CAGR of 7% from 2021 to 2027.
Direct-feeding microbes are living microbiological supplements that play an essential role in improving the digestibility of feed, increasing nutrient absorption, aiding performance, and reducing feed costs. By banning the use of antibiotics as growth promoters, they have created an opportunity for direct-feeding microorganisms to be used as an alternative to improve animal growth and performance. Growing awareness of animal health among breeders and consumers has increased the demand for precision nutrition, which has significantly increased the demand for directly sourced microorganisms worldwide. However, fluctuations in regulations regarding microbial consumption in food and feed are a major restraining factor for market growth.
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A full report of Global Direct Fed Microbial Market is available at: https://www.orionmarketreports.com/direct-fed-microbial-market/57835/
Market Segments
On the basis of Type:
- Lactic acid bacteria
- Bacillus
- Others (Prevotella bryantii, live beneficial bacteria, and Propionibacterium)
On the basis of Livestock:
- Poultry
- Swine
- Ruminants
- Aquatic animals
- Others (equine and pets)
On the basis of Form
- Dry
- Liquid (paste and gel)
Key Players
Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Bio-Vet (US), Archer Daniels Midland Company (US), DowDuPont (US), DSM N.V. (Netherlands), Novozymes (Denmark), Novus International, Inc. (US), Biomin Holding GmbH (Austria), Kemin Industries, Inc (US), Cargill Inc. (US), Alltech Inc. (US), American Biosystems, Inc. (US), The Fertrell Company (US), and Micron Bio-Systems (US) are some of the key players operating in the global direct fed microbials market.
Scope of the Report
The research study analyzes the global Direct Fed Microbial industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Direct Fed Microbial Market Report
1. What was the Direct Fed Microbial Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Direct Fed Microbial Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Direct Fed Microbial Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Direct Fed Microbial market.
- The market share of the global Direct Fed Microbial market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Direct Fed Microbial market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Direct Fed Microbial market.
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