Global Direct-fed Microbials Market Size, Share, Trends and Growth Analysis Report – Segmented By Type (Lactic Acid Bacteria, and Bacillus), Livestock (Pork/Swine, Poultry, Ruminants, and Aquatic Animals) And Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Industry Analysis From (2024 to 2032)

Updated On: June, 2024
ID: 8653
Pages: 170

Global Direct-fed Microbials Market Size (2024 to 2032)

The global direct-fed microbials market was expected to be valued at USD 1225 million in 2023 and is anticipated to reach USD 1310.07 million in 2024 from USD 2250.22 million by 2032, growing at a CAGR of 6.99% from 2024 to 2032.

CURRENT SCENARIO OF THE GLOBAL DIRECT-FED MICROBIALS MARKET

Microbes are described as microscopic living organisms that occur in nature as single-celled organisms or a group of cells. Some microbes can damage human and animal health, whereas some are highly advantageous for humans and animals. Therefore, microbes that are supplemented orally to provide benefits to animals are termed as direct-fed microbes.

MARKET DRIVERS

The growing consumption of animal products like milk and meat worldwide is primarily pushing the global market. The increasing usage of direct-fed microbials in animal products to improve nutrient absorption among animals is promoting its profitability. It can work in favor of the direct-fed microbial market. Furthermore, governments across different nations are initiating several drives to encourage the use of direct-fed microbials.

Furthermore, due to increased awareness among people regarding animal health, an upswing in the direct-fed microbials market growth. Recently, animal food processing companies have invested heavily in manufacturing healthy & nutritious processed food to feed the animals. The increase in animal disease is having a positive impact on the growth of the direct-fed microbials market. There has been a ban in many regions regarding antibiotics as growth promoters, which is thereby lifting the market. There have been increased investments for R & D in the DFM market, which is one of the factors; likely to boost the market’s growth.

MARKET RESTRAINTS

Lack of Awareness about the market is one of the reasons inhibiting the growth of the market. Several government-imposed stringent regulations regarding these microorganisms' vigorous animal diet usage and increased production cost are the primary factors hampering the direct-fed microbial market growth. 

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

6.99%

Segments Covered

By Type, Livestock, Form and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

E. I. du Pont de Nemours and Company (United States of America), Koninklijke DSM N. V. (Netherlands), Chr. Hansen A/S (Denmark), Kemin Industries (United States of America), BIOMIN Holding GmbH (Austria), Lallemand Inc. (Canada), Novozymes (Denmark), Novus International, Inc. (United States of America), Bio-vet (United States of America), & Archer Daniels Midland Company (United States of America).

 

SEGMENTAL ANALYSIS

Global Direct-fed Microbials Market By Type

Based on the type, the lactobacillus segment was valued at more than half the total market share in 2018 and is estimated to exhibit a prominent growth rate due to its increased livestock diet usage. Moreover, Lactobacillus class is the most extensively used probiotic in the livestock diet, as it is deemed safe and more advantageous than the other bacterial species. Besides, the added benefits offered by the bacillus direct-fed microbial include enhanced normal digestion and higher nutritional value of the feed as bacillus strains secrete vitamins and essential amino acids. Other benefits include reducing total hepatic cholesterol, plasma low-density lipoprotein cholesterol, and triglycerides, which foster better animal health. Thus, all these factors are anticipated to accelerate the direct-fed microbial market growth in the future.

Direct-fed Microbials Market By Livestock

Based on the livestock, the poultry segment is projected to have potential shares because direct-fed microbials give poultry birds protein, boosting their growth rate. With the soaring demand for poultry meat across the globe due to its excellent nutrient value, the market for direct-fed microbials is also expected to progress.

Global Direct-fed Microbials Market By Form

Based on the form, the dry form has a more lasting shelf life than the liquid form, which differs according to the type of direct-fed microbials used in animal feed. Dry microbials have more benefits and are used in various animal feed additive products. Farmers prefer liquid microbial as they are easy to mix and do not affect the feed's texture.

REGIONAL ANALYSIS

Regionally, the Asia Pacific is the fastest developing region. North America is the largest direct-fed microbials market, followed by Europe. The policies from the government, such as banning antibiotics & taking a step forward toward promoting animal growth, are some of the reasons that are likely to give a boost to the direct-fed microbials market’s growth.

Europe is to dominate the global market following North America, with the largest share during the forecast period. There is a high production of pork, meat, livestock, and companion animal populations across this region. It is another major factor for market growth. Significant contributions from different entities towards implementing good animal health and disease control in countries like the United Kingdom and Italy are expected to create more regional market growth opportunities.

The Asia Pacific is growing at a fast pace due to the easy availability of materials, growth environment & technological advancement in the growing economies of the region such as India & China. The Asia Pacific is the speedily developing province for the market for direct-fed microbials. Growing alertness regarding the fitness of animals and increasing demand for animal protein in emerging nations like China and India enhance the development of the Direct-Fed Microbials market. Increasing preference for substitutions of antibiotics, such as growth supporters, is estimated to gush the market of direct-fed microbials in the rest of the world.

KEY PLAYERS IN THE GLOBAL DIRECT-FED MICROBIAL MARKET

The top companies leading the global direct-fed microbials market profiled in this report are E. I. du Pont de Nemours and Company (United States of America), Koninklijke DSM N. V. (Netherlands), Chr. Hansen A/S (Denmark), Kemin Industries (United States of America), BIOMIN Holding GmbH (Austria), Lallemand Inc. (Canada), Novozymes (Denmark), Novus International, Inc. (United States of America), Bio-vet (United States of America), & Archer Daniels Midland Company (United States of America).

Archer Daniels Midland Animal Nutrition TM is a leading manufacturer in the nutrition & marketing business with a wide range of products for the animal nutrition market. It offers high-quality feed products, premixes, supplements, and custom ingredient blends for optimizing animal health & nutrition. Arcon S is a soy protein concentrate with an intense flavor and high protein solubility. The product shows good water binding, dispersibility, and fat emulsification allowing its use in the various feedstock.

Novus International, Inc. (United States of America) is one of the major firms working in animal health & nutrition. It carries a lot of R&D work in the field of animal nutrition. The ACTIVATE® nutritional feed acid is a range of products that contains a blend of organic acids and methionine hydroxy analog (HMTBa), a highly bioavailable source of methionine.

DETAILED SEGMENTATION OF THE GLOBAL DIRECT-FED MICROBIAL MARKET INCLUDED IN THIS REPORT

This research report on the global direct-fed microbial market is segmented and sub-segmented based on Type, Livestock, Form, and Region.

By Type

  • Lactic Acid Bacteria
  • Bacillus

By Livestock

  • Pork/Swine
  • Poultry
  • Ruminant
  • Aquatic Animals

By Form

  • Dry
  • Liquid

By Region

  • North America
  • Europe
  • APAC
  • Latin America
  • The Middle East and Africa

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