The size of the Global Direct-fed Microbials Market was worth USD 1069.71 million in 2020. It is expected to be around USD 1401.64 Million in 2025, with a CAGR of 6.99%.
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, primarily pushing the global market. The increasing usage of Direct-Fed Microbials in animal products to improve nutrient absorption among the 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.
Impact of COVID-19 on Direct-fed Microbials Market
The COVID-19 pandemic has negatively affected a large number of countries across the globe. Several measures introduced to deal with the pandemic, such as lockdowns, reduction in trade activities, and shutdown of multiple factories and workplaces in several countries, could save lives; however, these measures have wide-ranging economic effects inducing economic contagion. Along with the risk of a slowdown of global growth, the results of COVID-19 are adversely affecting various economic sectors in economies across the globe.
Key manufacturing segments have halted operations across the globe in response to the lockdown regulations issued by governments of various countries and discontinuing public transport services.
Manufacturers of Direct-Fed Microbials worldwide face concerns regarding the availability of raw materials due to the COVID-19 pandemic. It has hampered the manufacture of products. The COVID-19 pandemic impact is estimated to be high on the Direct-Fed Microbials market in 2020 and 2021.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2019 to 2025 |
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Base Year |
2019 |
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Forecast Period |
2020 to 2025 |
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Segments Covered |
By Type, Livestock, Form and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
This research report on the global direct-fed microbials market has been segmented and sub-segmented based on type, livestock, form, and region.
Direct-fed Microbials Market - By Type:
Based on the type, the lactobacillus segment was valued for 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 probiotics 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 animals' 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 their excellent nutrient value, the market for Direct-Fed Microbials is also expected to progress.
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.
Direct-fed Microbials Market - By Region
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 to ban antibiotics & take a step forward towards promoting animal growth, are some of the reasons that are likely to give a boost to 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.
NOTABLE COMPANIES IN THE MARKET
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 nutrition & marketing business with a wide range of products for the animal nutrition market. It offers high-quality feed products, premixes, supplements, and custom ingredients blends for optimizing animal health & nutrition. Arcon S is a soy protein concentrated 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.
