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Latin America Direct fed Microbials Market by Type [Lactic Acid Bacteria (Lactobacilli, Bifidobacteria, Streptococcus thermophiles), Bacillus subtilis (Bacillus licheniformis), Other bacteria], by Livestock (Swine, Poultry, Ruminants, Aquatic Animals, Others), by Form (Dry form, Liquid form), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2022 to 2027).

Published: January, 2022
ID: 2040
Pages: 145

Latin America Direct fed Microbials Market Size, Growth, Trends and Forecast:

The Latin America Direct fed Microbials Market was worth USD 114.82 million in 2021 and estimated to be growing at a CAGR of 7.28%, to reach USD 165.3 million by 2026.

Direct fed microbial-based feed plays a crucial role in providing medicinal and health benefits to livestock, for example, prevention and cure of diseases. Lactic acid bacteria are broadly utilized for feed of poultry and ruminants, for healthy development.

Latin America Direct fed Microbials Market Drivers:

The market is driven by factors such as increase in awareness about sustain 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.

Latin America Direct fed Microbials Market Segmentation:

Latin America Direct fed Microbials Market – By Type:

  • Lactic Acid Bacteria

    • Lactobacilli
    • Bifidobacteria
    • Streptococcus thermophiles
  • Bacillus subtilis
    • Bacillus licheniformis
    • Other bacteria
  • Other bacteria

Latin America Direct fed Microbials Market – By Livestock:

  • Swine
  • Poultry
  • Ruminants
  • Aquatic Animals
  • Others

Latin America Direct fed Microbials Market – By Form:

  • dry form
  • liquid form

Geographical Analysis:

On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico. Based on type, lactic acid bacteria segment is expected to be the quickest developing, as these direct fed microbials are highly viable. In terms of market share Lactic acid bacteria dominates then trailed by bacillus segment. Based on livestock, poultry segment led the market in 2015.

Key Players:

Some of the major companies dominating the market, by their products and services include 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. 

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                   

                1.4 General Study Assumptions           

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling       

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                 

5. Market Segmentation                                                                              

                5.1 Type                                                              

                                5.1.1 Introduction                                           

                                5.1.2 Lactic Acid Bacteria                                              

                                                5.1.2.1 Lactobacilli                           

                                                5.1.2.2 Bifidobacteria                     

                                                5.1.2.3 Streptococcus thermophilus         

                                5.1.3 Bacillus subtilis                                       

                                                5.1.3.1 Bacillus licheniformis       

                                5.1.4 Other Bacteria                                       

                                5.1.5  Y-o-Y Growth Analysis, By Type                                    

                                5.1.6  Market Attractiveness Analysis, By Type                        

                                5.1.7  Market Share Analysis, By Type               

                5.2 Livestock                                                     

                                5.2.1 Introduction                                           

                                5.2.2 Swine                                        

                                5.2.3 Poultry                                      

                                5.2.4 Ruminants                                               

                                5.2.5 Aquatic Animals                                    

                                5.2.6 Others                                      

                                5.2.7 Y-o-Y Growth Analysis, By Livestock                    

                                5.2.8 Market Attractiveness Analysis,       

                                5.2.9 Market Share Analysis, By Livestock                

                5.3 Form                                                             

                                5.3.1 Introduction                                           

                                5.3.2 Dry Form                                  

                                5.3.3 Liquid Form                                             

                                5.3.4 Y-o-Y Growth Analysis, By Form              

                                5.3.5  Market Attractiveness Analysis, By Form           

                                5.3.6  Market Share Analysis, By Form           

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                     

                                                6.1.3.1 By Geographical Area           

                                                6.1.3.2 By Type                 

                                                6.1.3.3 By Livestock                        

                                                6.1.3.4 By Form                

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area          

                                                6.1.4.2 By Type                 

                                                6.1.4.3 By Livestock                        

                                                6.1.4.4 By Form                

                                6.1.5  Market Share Analysis               

                                                6.1.5.1 By Geographical Area       

                                                6.1.5.2 By Type                 

                                                6.1.5.3 By Livestock                        

                                                6.1.5.4 By Form                

                6.2 Brazil                                                             

                6.3 Mexico                                                         

                6.4 Rest of Latin America                                                             

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                        

                                7.2.1 Bargaining Power of Suppliers                   

                                7.2.2 Bargaining Power of Consumers          

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                      

                                7.2.5 Competitive Rivalry within the Industry            

8.Market Leaders' Analysis                                                                         

                8.1 Archer Daniels Midland Company                                                     

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments      

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 E.I. Dupont De Nemours and Company                                                          

                8.3 Koninklijke DSM N.V.                                                             

                8.4 Novozymes                                                                

                8.5 Chr. Hansen Holding A/S                 

                8.6 Kemin Industries, Inc.                                                            

                8.7 Biomin Holding GmbH                                                            

                8.8 Lallemand, Inc.                                                          

                8.9 Novus International, Inc.                        

                8.10 Bio-Vet                                                      

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                    

                9.2 Merger and Acquisition Analysis                           

                9.3 Agreements, collaborations and Joint Ventures             

                9.4 New Product Launches             

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  1. Latin America Direct-fed Microbials Market By Type, From 2022 - 2027 ( USD Million )
  2. Latin America Lactic Acid Bacteria  Market By Region, From 2022 - 2027 ( USD Million )
  3. Latin America Bacillus subtilis  Market By Region, From 2022 - 2027 ( USD Million )
  4. Latin America Other Bacteria Market By Region, From 2022 - 2027 ( USD Million )
  5. Latin America Direct-fed Microbials Market By Livestock, From 2022 - 2027 ( USD Million )
  6. Latin America Swine Market By Region, From 2022 - 2027 ( USD Million )
  7. Latin America Poultry Market By Region, From 2022 - 2027 ( USD Million )
  8. Latin America Ruminants  Market By Region, From 2022 - 2027 ( USD Million )
  9. Latin America Aquatic Animals  Market By Region, From 2022 - 2027 ( USD Million )
  10. Latin America Others Market By Region, From 2022 - 2027 ( USD Million )
  11. Latin America Direct-fed Microbials Market By Form, From 2022 - 2027 ( USD Million )
  12. Latin America Dry Form Market By Region, From 2022 - 2027 ( USD Million )
  13. Latin America Liquid Form Market By Region, From 2022 - 2027 ( USD Million )
  14. Brazil Direct-fed Microbials Market By Type, From 2022 - 2027 ( USD Million )
  15. Brazil Direct-fed Microbials Market By Livestock, From 2022 - 2027 ( USD Million )
  16. Brazil Direct-fed Microbials Market By Form, From 2022 - 2027 ( USD Million )
  17. Argentina Direct-fed Microbials Market By Type, From 2022 - 2027 ( USD Million )
  18. Argentina Direct-fed Microbials Market By Livestock, From 2022 - 2027 ( USD Million )
  19. Argentina Direct-fed Microbials Market By Form, From 2022 - 2027 ( USD Million )
  20. Mexico Direct-fed Microbials Market By Type, From 2022 - 2027 ( USD Million )
  21. Mexico Direct-fed Microbials Market By Livestock, From 2022 - 2027 ( USD Million )
  22. Mexico Direct-fed Microbials Market By Form, From 2022 - 2027 ( USD Million )
  23. Rest of Latin America Direct-fed Microbials Market By Type, From 2022 - 2027 ( USD Million )
  24. Rest of Latin America Direct-fed Microbials Market By Livestock, From 2022 - 2027 ( USD Million )
  25. Rest of Latin America Direct-fed Microbials Market By Form, From 2022 - 2027 ( USD Million )
  26. Latin America Direct-fed Microbials Market By Lactic Acid Bacteria , From 2022 - 2027 ( USD Million )
  27. Latin America Lactobacilli Market By Region, From 2022 - 2027 ( USD Million )
  28. Latin America Bifidobacteria Market By Region, From 2022 - 2027 ( USD Million )
  29. Latin America Streptococcus thermophilus Market By Region, From 2022 - 2027 ( USD Million )
  30. Brazil Direct-fed Microbials Market By Lactic Acid Bacteria , From 2022 - 2027 ( USD Million )
  31. Argentina Direct-fed Microbials Market By Lactic Acid Bacteria , From 2022 - 2027 ( USD Million )
  32. Mexico Direct-fed Microbials Market By Lactic Acid Bacteria , From 2022 - 2027 ( USD Million )

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