The Middle East and Africa direct-fed microbials market is expected to reach USD 102.47 million in 2024 and reach USD 135.58 million by 2029, estimated to be growing at a CAGR of 5.76% from 2024 to 2029.
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.
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 the 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.
On the basis of geography, the Middle east and Africa market is analysed under various regions namely middle east and Africa. Based on type, lactic acid bacteria is expected to be the quickest developing segment, 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.
Major 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.
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