Direct Fed Microbial Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The Direct Fed Microbial Market is expected to reach $1,772million by 2028, registering a CAGR of 7% from 2022 to 2028. Direct-feeding microbes are living microbiological supplements that play an essential role in improving the digestibility of feed, increasing nutrient absorption, aiding performance, and reducing feed costs. By banning the use of antibiotics as growth promoters, they have created an opportunity for direct-feeding microorganisms to be used as an alternative to improve animal growth and performance. Growing awareness of animal health among breeders and consumers has increased the demand for precision nutrition, which has significantly increased the demand for directly sourced microorganisms worldwide. However, fluctuations in regulations regarding microbial consumption in food and feed are a major restraining factor for market growth.
Company Profile
- Archer Daniels Midland Company (US)
- DowDuPont (US)
- DSM N.V. (Netherlands)
- Novozymes (Denmark)
- Novus International
- Biomin Holding GmbH (Austria)
Market Segmentation
On the basis of Type:
- Lactic acid bacteria
- Bacillus
On the basis of Livestock:
- Poultry
- Swine
- Ruminants
- Aquatic animals
On the basis of Form
- Dry
- Liquid (paste and gel)
Scope of the Report
The research study analyzes the Direct Fed Microbial Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Direct Fed Microbial Market Report
- What was the Direct Fed Microbial Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Direct Fed Microbial Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Direct Fed Microbial Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Direct Fed Microbial Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Direct Fed Microbial
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Direct Fed Microbial
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Direct Fed Microbial Market.
The report will be delivered within 48-72 hours after payment confirmation