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PUBLISHER: IMARC | PRODUCT CODE: 1370470
PUBLISHER: IMARC | PRODUCT CODE: 1370470
Direct Fed Microbials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
Market Overview:
The global direct fed microbials market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Direct-fed microbials (DFMs) are feed supplements that contain live and naturally occurring bacteria to improve the health and productivity of animals. They lower the pH, reduce enteric pathogens, and stimulate intestinal cell proliferation, which maintains the gut integrity of animals. They detoxify undesirable compounds, such as lactic acid and mycotoxins, to boost the immune system. They also help provide microbial balance in the digestive tract by producing high levels of beneficial enzymes, such as alpha amylase, cellulase, and protease. At present, there is a rise in the demand for DFMs due to the growing prevalence of different diseases among animals across the globe.
Direct Fed Microbials Market Trends:
The rising demand for poultry meat due to its high protein content, along with the growing livestock population around the world, represents one of the key factors driving the market. Besides this, the increasing awareness among the masses about the benefits of DFMs, such as enhancing metabolism, maintaining microbial flora in the intestine, ammonia production, and neutralizing enterotoxin, is offering lucrative growth opportunities to industry investors. Moreover, there is an increase in the replacement of antibiotic growth promoters with direct-fed microbials to reduce the risk of transmitting drug-resistant bacteria to humans. This, along with the burgeoning livestock industry, is contributing to the growth of the market. In addition, key market players are extensively investing in research and development (R&D) activities to introduce blockchain and the internet of things (IoT) technologies for managing the procurement, processing, and distribution of DFM products effectively. They are also focusing on various marketing strategies to expand their market reach. Apart from this, the rising utilization of DFMs to reduce the mortality rate of animals due to clostridial, diarrhea, and gastrointestinal diseases is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global direct fed microbials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, livestock and form.
Breakup by Product Type:
Lactic Acid Bacteria
Bacillus
Others
Breakup by Livestock:
Swine
Poultry
Ruminants
Aquatic Animals
Others
Breakup by Form:
Dry
Liquid
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Alltech, American Biosystems Inc, Bayer AG, Bio-Vet, Cargill Incorporated, Chr. Hansen A/S (Chr Hansen Holding A/S), DuPont de Nemours Inc., Kemin Industries, Koninklijke DSM N.V., Lallemand Inc., Novozymes A/S (Novo Holdings A/S) and Novus International Inc. (Mitsui & Co. Ltd).
Key Questions Answered in This Report:
- How has the global direct fed microbials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global direct fed microbials market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the livestock?
- What is the breakup of the market based on the form?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global direct fed microbials market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A6094
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Direct Fed Microbials Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Lactic Acid Bacteria
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bacillus
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Livestock
- 7.1 Swine
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Poultry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Ruminants
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Aquatic Animals
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Form
- 8.1 Dry
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Liquid
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 BASF SE
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Alltech
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 American Biosystems Inc
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Bayer AG
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Bio-Vet
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Cargill Incorporated
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Chr. Hansen A/S (Chr Hansen Holding A/S)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 DuPont de Nemours Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Kemin Industries
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Koninklijke DSM N.V.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Lallemand Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Novozymes A/S (Novo Holdings A/S)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Novus International Inc. (Mitsui & Co. Ltd)
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 BASF SE
Product Code: SR112023A6094
List of Figures
- Figure 1: Global: Direct Fed Microbials Market: Major Drivers and Challenges
- Figure 2: Global: Direct Fed Microbials Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Direct Fed Microbials Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Direct Fed Microbials Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Direct Fed Microbials Market: Breakup by Livestock (in %), 2022
- Figure 6: Global: Direct Fed Microbials Market: Breakup by Form (in %), 2022
- Figure 7: Global: Direct Fed Microbials Market: Breakup by Region (in %), 2022
- Figure 8: Global: Direct Fed Microbials (Lactic Acid Bacteria) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Direct Fed Microbials (Lactic Acid Bacteria) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Direct Fed Microbials (Bacillus) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Direct Fed Microbials (Bacillus) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Direct Fed Microbials (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Direct Fed Microbials (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Direct Fed Microbials (Swine) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Direct Fed Microbials (Swine) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Direct Fed Microbials (Poultry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Direct Fed Microbials (Poultry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Direct Fed Microbials (Ruminants) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Direct Fed Microbials (Ruminants) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Direct Fed Microbials (Aquatic Animals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Direct Fed Microbials (Aquatic Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Direct Fed Microbials (Other Livestocks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Direct Fed Microbials (Other Livestocks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Direct Fed Microbials (Dry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Direct Fed Microbials (Dry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Direct Fed Microbials (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Direct Fed Microbials (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Direct Fed Microbials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Direct Fed Microbials Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Direct Fed Microbials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Direct Fed Microbials Industry: SWOT Analysis
- Figure 78: Global: Direct Fed Microbials Industry: Value Chain Analysis
- Figure 79: Global: Direct Fed Microbials Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Direct Fed Microbials Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Direct Fed Microbials Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Direct Fed Microbials Market Forecast: Breakup by Livestock (in Million US$), 2023-2028
- Table 4: Global: Direct Fed Microbials Market Forecast: Breakup by Form (in Million US$), 2023-2028
- Table 5: Global: Direct Fed Microbials Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Direct Fed Microbials Market: Competitive Structure
- Table 7: Global: Direct Fed Microbials Market: Key Players
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