Direct Fed Microbials Market Research Report - Global Forecast till 2030

Direct Fed Microbials Market Research Report: Information by Type (Lactic Acid Bacteria, Bacillus subtilis, Yeast, and Others), Livestock (Ruminants, Poultry, Swine and others), Form (Dry and Liquid) and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2030

ID: MRFR/AGR/3614-HCR | November 2022 | Region: Global | 110 Pages         

Direct Fed Microbials Market

The Global Direct Fed Microbial Market Size is expected to reach USD 1775 Million by 2030, registering a CAGR of 7.8% from 2022 to 2030.

Segmentation

By Type Lactic Acid Bacteria Bacillus subtilis Yeast Others
By Livestock Ruminants Poultry Swine others
By Form Dry Liquid
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • Chr. Hansen Holding A/S (Denmark)
  • Lallemand Inc. (Canada)
  • Bio-Vet (US)
  • Archer Daniels Midland Company (US)
  • DowDuPont (US)
  • DSM N.V. (Netherlands)
  • Novozymes (Denmark)
  • Novus International Inc. (US)
  • Biomin Holding GmbH (Austria)
  • Kemin Industries Inc (US)
  • Cargill Inc. (US)
  • Alltech Inc. (US)
  • American Biosystems Inc. (US)
  • The Fertrell Company (US)
  • Micron Bio-Systems (US

Drivers

  • Growing demand for natural & organic feed
  • Increasing awareness regarding the benefits of direct fed microbials
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Direct Fed Microbials Market Scenario


The Direct Fed Microbials Market is projected to be worth USD 1775 million By 2030, growing at a 7.8% CAGR. Direct-fed microbials are the live microbial supplements, which play an essential role in increasing the digestibility of the feed, enhancing the nutrient absorption, aiding performance, and reducing the feed cost. The ban on antibiotics as growth promoters has created opportunities for the direct fed microbials as they are being used as an alternative for enhancing animal growth and performance. Increasing awareness about animal health among the rearers and consumers have boosted demand for precision nutrition, which has significantly boosted the demand for direct fed microbials globally. However, the variation in the regulations regarding the consumption of microbes in food and feed is a major restraining factor for the growth of the market.


Segmentation


The global direct fed microbials industry has been segmented based on type, livestock, form, and region.


By type, the global market has been bifurcated into lactic acid bacteria, bacillus subtilis, yeast, and others.


Based on livestock, the global market has been classified as ruminants, poultry, swine, and others.


By form, the global market has been divided into dry and liquid.


The global market has been segmented into four key regions, namely, North America, Europe, Asia-Pacific, and the rest of the world.


The direct fed microbials market in North America has further been categorized as the US, Canada, and Mexico. The market in Europe has been segmented into Germany, France, Italy, Spain, the UK, and the rest of Europe. The direct fed microbials market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players


Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Bio-Vet (US), Archer Daniels Midland Company (US), DowDuPont (US), DSM N.V. (Netherlands), Novozymes (Denmark), Novus International, Inc. (US), Biomin Holding GmbH (Austria), Kemin Industries, Inc (US), Cargill Inc. (US), Alltech Inc. (US), American Biosystems, Inc. (US), The Fertrell Company (US), and Micron Bio-Systems (US) are some of the key players operating in the global direct fed microbials market.


Regional Market Summary


Global Direct Fed Microbials Market Share (%), by Region, 2021


                 Direct Fed Microbials Market


Source: Secondary Sources and MRFR Analysis


North America is expected to dominate the market for direct fed microbials during the forecast period. Increasing awareness regarding the benefits of direct fed microbials and the growing demand for natural and organic feed are factors that are driving the growth of the market in the region. Europe is projected to register the highest CAGR during the forecast period owing to the ban imposed on antibiotics in European countries.  


Global Market, by Type



  • Lactic Acid Bacteria

  • Bacillus subtilis

  • Yeast

  • Others  


Global Market, by Livestock



  • Ruminants

  • Poultry

  • Swine

  • Others


Global Market, by Form



  • Dry

  • Liquid


Global Market, by Region




  • North America



    • US

    • Canada

    • Mexico






  • Europe



    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe






  • Asia-Pacific



    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific






  • Rest of the World (RoW)



    • South America

    • Middle East

    • Africa




Intended Audience



  • Direct-fed microbials manufacturers

  • Feed manufacturers

  • Dealers and distributors

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



Report Scope:

Report Attribute/Metric Details
  Market Size    USD 1775 Million
  CAGR   7.8% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By Livestock, By Form, and By Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Bio-Vet (US), Archer Daniels Midland Company (US), DowDuPont (US), DSM N.V. (Netherlands), Novozymes (Denmark), Novus International Inc. (US), Biomin Holding GmbH (Austria), Kemin Industries Inc (US)
  Key Market Opportunities   Growing demand for natural & organic feed
  Key Market Drivers   Increasing awareness regarding the benefits of direct fed microbials


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Frequently Asked Questions (FAQ) :

Direct Fed Microbials Size is expected to Reach USD 1775 Million By 2030

Direct Fed Microbials Market Share is anticipated to grow at a 7.8% during the forecast period of 2022–2030.

Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Bio-Vet (US), Archer Daniels Midland Company (US), DowDuPont (US), DSM N.V. (Netherlands), Novozymes (Denmark), Novus International Inc. (US), Biomin Holding GmbH (Austria), Kemin Industries Inc (US)

North America Region will dominate the Direct Fed Microbials Market