North America Direct fed Microbials Market

North America Direct Fed Microbial Market Size (2024 to 2029):

The North American direct-fed microbial market is expected to reach USD 366.87 million in 2024 and reach USD 505.01 million by 2029, estimated to be growing at a CAGR of 6.60% from 2024 to 2029.

Probiotics are another term for this class of feed additives. Probiotics or DFM have been appeared to enhance animal performance in controlled studies.

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.

This research report on the North American direct-fed microbial market is segmented and sub-segmented into the following categories.

North America Direct Fed Microbial Market – By Type:

• Lactic Acid Bacteria
  • Lactobacilli
  • Bifidobacteria
  • Streptococcus thermophiles
• Bacillus subtilis
  • Bacillus licheniformis
  • other bacteria
• Other bacteria

North America Direct Fed Microbial Market – By Livestock:

• Swine
• Poultry
• Ruminants
• Aquatic Animals
• Others

North America Direct Fed Microbial Market – By Form:

• dry form
• liquid form

North America Direct Fed Microbial Market – By Country:

• The U.S
• Canada

On the basis of geography, the North American market is analyzed in various regions, namely the U.S. and Canada. North America dominated the market in 2015 with the largest share. Livestock has dependably been an important industry in the North American agriculture sector and shows a positive future outlook, because of expanding meat exports and also rising utilization inside the country. Canada has the advantage of lower feed costs because of the small biofuel industry, which permits more grain contribution to domesticated livestock breeding.

KEY MARKET PLAYERS:

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.