Europe Direct fed Microbials Market

Europe Direct-Fed Microbials Market Size (2024 to 2032)

The Europe direct-fed microbials market was valued at USD 288.27 million in 2023 and is anticipated to reach USD 309.89 billion in 2024 from USD 552.68 billion by 2032, estimated to be growing at a CAGR of 7.5% from 2024 to 2032. Probiotics is another term for this class of feed additives. Probiotics or DFM have appeared to enhance animal performance in controlled studies.

Europe Direct-Fed Microbials Market Drivers

The market is driven by factors such as an increase in awareness about sustained quality and safety, rising demand for fabricated animal nourish, growth in demand for animal protein, changes in farming practices and technology, and replacing anti-toxin growth promoters (AGPs) with direct-fed microbials. The continuous rise in the population has also resulted in an increase in the demand for food and the necessity for direct-fed microbials to increase meat and milk production in a sustainable manner. A decline in the usage of anti-infection growth promoters across the globe is driving the sales of direct-fed microbials. Factors such as, high cost of direct-feed microbials and low shelf life are prompting an ascent in the cost of production and limiting the development of the market.

This research report on the Europe direct-fed microbials market is segmented and sub-segmented into the following categories.

Europe Direct Fed Microbials Market Analysis By Type

• Lactic Acid Bacteria

  • Lactobacilli

  • Bifidobacteria

  • Streptococcus thermophile

• Bacillus subtilis

• Bacillus licheniformis

• Other bacteria

• Other bacteria

Europe Direct Fed Microbials Market Analysis By Livestock

• Swine

• Poultry

• Ruminants

• Aquatic Animals

• Others

Europe Direct Fed Microbials Market Analysis By Form

• dry form

• liquid form

COUNTRY ANALYSIS

• United Kingdom

• France

• Spain

• Germany

• Italy

• Russia

• Sweden

• Denmark

• Switzerland

• Netherlands

• Rest of Europe

On the basis of geography, the Europe market is analysed under various regions namely U.K, Spain, Germany, Italy and France. Europe represented the second-biggest market of the overall industry in 2015. The utilization of direct-fed microbials in animal feed is relied upon to increase at a faster pace in Europe and the Asia-Pacific regions because of the rising demand.

KEY MARKET PLAYERS

Key players in the market are Archer Daniels Midland Company, E.I. Dupont De Nemours and Company, Koninklijke DSM N.V., Novozymes, Chr. Hansen Holding A/S, Kemin Industries, Inc., Biomin Holding GmbH, Lallemand, Inc., Novus International, Inc., Bio-Vet.