Direct-Fed Microbials Market is expected to reach 1499.8 million USD by 2026, which is a significant increase from 1,012.4 million USD in 2021.
The concept of Direct Fed Microbials (DFM) involves feeding dairy cattle beneficial microbes when they are under stress (disease, ration changes, production or environmental challenges). Probiotics is another name for this type of feed additives. Probiotics or DFM have been shown to enhance animal performance in controlled studies.
Lactic acid bacteria are widely used to feed poultry and ruminants for healthy development. The functions of poultry include altering metabolism by increasing digestive enzyme activity, maintaining healthy intestinal microflora and reducing the production of ammonia and bacterial enzyme activity.
Recent Developments in Direct-Fed Microbials Market:
In 2006, the EU imposed a ban on the use of antibiotics in feed. After an eight-year transition period, the EU has completely stopped using AGP in 2014. According to the EU, the use of these medications has led to the development of antibiotic-resistant bacteria to treat infections in humans and animals. This ban has opened up tremendous potential opportunities for the Direct-Fed Microbials, as feed manufacturers are seeking ways to improve product quality, they are willing to explore Direct-Fed Microbials as an alternative.
Drivers and Restraints of Direct-Fed Microbials Market:
Drivers:
Restraints:
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
xx% |
Segments Covered |
By End-Use, Bacteria Type, 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 on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Archer Daniels Midland Company (U.S.), E. I. Du Pont de Nemours and Company (USA), Bio-vet (U.S.), Novus International, Inc. (U.S.), Kemin Industries (U.S.), Chr. Hansen A / S (Denmark), Koninklijke DSM N. V. (Netherlands), Novozymes (Denmark), BIOMIN Holding GmbH (Austria), Lallemand Inc. (Canada) and Others. |
Based on the End-Use, Direct-Fed Microbials market is segmented into, Poultry, Pork/Swine, Ruminant, and aquatic-foods. Of these, the poultry segment is expected to be the fastest-growing, as direct-fed microbials provide protein to poultry birds, rising their growth rate. Due to the high demand for poultry meat worldwide due to its high nutritional value, the market for direct feed microbial is also expected to increase.
Based on Bacteria Type, the Direct-Fed Microbials market is segmented into, Lactic Acid Bacteria and Bacillus. Of these segments, the lactic acid bacteria segment is expected to grow at a CAGR of 8.5%. Lactic acid bacteria are becoming increasingly popular in this market all over the world, and the demand for lactic acid bacteria in feed for animal health and nutrition has led to the growth of the market. Thanks to their ease of use, lactic acid bacteria are more widely used in many regions of the world. These are the most commonly used direct-fed microbials and are, therefore, projected to be the fastest-growing group of lactic acid bacteria during the forecast period.
Geographically, North America is leading the Direct-Fed Microbials market. It's followed by Europe. The U.S.A. and Canada are the largest contributors in North America. The ban on the use of antibiotics by the governments of the European Union to support the development of animals has led to an increase in demand for Direct-Fed Microbials in Europe. Asia Pacific is a rapidly developing region for this market. Rising animal health awareness and growing demand for animal protein in emerging nations, such as China and India are enhancing the growth of the global Direct-Fed Microbials market
Key Players of Direct Fed Microbials Market:
The key players identified in this market are Archer Daniels Midland Company (U.S.), E. I. Du Pont de Nemours and Company (USA), Bio-vet (U.S.), Novus International, Inc. (U.S.), Kemin Industries (U.S.), Chr. Hansen A / S (Denmark), Koninklijke DSM N. V. (Netherlands), Novozymes (Denmark), BIOMIN Holding GmbH (Austria), Lallemand Inc. (Canada).
Direct Fed Microbials Market Research Report Key Highlights:
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com